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TORONTO, Dec. 19, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce the receipt of the first construction payment under its previously announced US$175 million streaming agreement with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp. ("Wheaton") (see press release dated December 5, 2024). The first of the four planned payments from Wheaton is in the amount of US$43,750,000 and the funds have been made available upon Allied satisfying the relevant Kurmuk stream agreement customary conditions.
TORONTO, Dec. 19, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce the receipt of the first construction payment under its previously announced US$175 million streaming agreement with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp. ("Wheaton") (see press release dated December 5, 2024). The first of the four planned payments from Wheaton is in the amount of US$43,750,000 and the funds have been made available upon Allied satisfying the relevant Kurmuk stream agreement customary conditions.
TORONTO, Dec. 5, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce that it has entered into final documentation for a streaming transaction (the "Stream Transaction") with Wheaton Precious Metals International Ltd. ("WPMI"), a wholly-owned subsidiary of Wheaton Precious Metals Corp., ("Wheaton"). Under the terms of the streaming agreement, Allied will receive an aggregate $175 million upfront cash payment (the "Advance Amount") to support the funding of its growth strategy underpinned by the development of its low-cost, fully permitted, and highly prolific Kurmuk project in Ethiopia.
TORONTO, Dec. 5, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce that it has entered into final documentation for a streaming transaction (the "Stream Transaction") with Wheaton Precious Metals International Ltd. ("WPMI"), a wholly-owned subsidiary of Wheaton Precious Metals Corp., ("Wheaton"). Under the terms of the streaming agreement, Allied will receive an aggregate $175 million upfront cash payment (the "Advance Amount") to support the funding of its growth strategy underpinned by the development of its low-cost, fully permitted, and highly prolific Kurmuk project in Ethiopia.
TORONTO, Nov. 7, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is herein reporting its financial and operational results for the third quarter of 2024. Third quarter production of 85,147 was consistent with the first two quarters of 2024 and the comparative quarter of 2023. Year-to-date production of 258,459 was nearly 10,000 ounces higher than the comparative period of 2023.
TORONTO, Nov. 7, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is herein reporting its financial and operational results for the third quarter of 2024. Third quarter production of 85,147 was consistent with the first two quarters of 2024 and the comparative quarter of 2023. Year-to-date production of 258,459 was nearly 10,000 ounces higher than the comparative period of 2023.
TORONTO, Nov. 7, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce a series of changes and developments meant to improve operational oversight, improve mining operations, advance the Kurmuk project towards operations and improve corporate governance. These include management and board appointments, awarding the mining contract for Kurmuk to a reputable international contractor, as well as consolidating mining activities in Mali and Cote d'Ivoire operations under the same well experienced and well capitalized contractor. These changes are all positive steps towards securing the long-term success of the Company.
TORONTO, Nov. 7, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce a series of changes and developments meant to improve operational oversight, improve mining operations, advance the Kurmuk project towards operations and improve corporate governance. These include management and board appointments, awarding the mining contract for Kurmuk to a reputable international contractor, as well as consolidating mining activities in Mali and Cote d'Ivoire operations under the same well experienced and well capitalized contractor. These changes are all positive steps towards securing the long-term success of the Company.
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TORONTO, Oct. 18, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC, OTCQX: AAUCF) ("Allied" or the "Company") announces that the over-allotment option relating to the overnight marketed public offering of common shares has been exercised and the offering was completed today. The over-allotment shares were issued pursuant to the (final) short form prospectus supplement (the "Prospectus Supplement") dated October 3, 2024, to the Company's short form base shelf prospectus dated October 1, 2024 (the "Base Shelf Prospectus").
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR THE DISSEMINATION, DISTRIBUTION, RELEASE OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES./
TORONTO, Oct. 8, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce that it has closed its previously announced overnight marketed public offering of common shares (the "Offering"). Pursuant to the Offering, the Company issued 62,000,000 common shares in the capital of the Company (the "Shares") at a price of C$3.10 per Share for aggregate gross proceeds of C$192,200,000. The Offering was completed through a syndicate of underwriters co-led by Canaccord Genuity Corp. and National Bank Financial Inc., and including CIBC Capital Markets, Stifel Nicolaus Canada Inc., BMO Capital Markets, SCP Resource Finance LP, and Hannam & Partners (collectively, the "Underwriters").