Transaction|February 9, 2017

Alamos Gold closes US$250 million bought deal financing

Torys acted as counsel to Alamos Gold with a team that included Kevin Morris, Peter Danner and Simonne Horwitz (Canadian securities), Mile Kurta and Jason Zhou (U.S. securities).

On February 9, 2017, Alamos Gold Inc. ("Alamos") completed its previously announced bought deal offering at a price of US$7.95 per common share. A total of 31,450,000 common shares were sold in the offering for gross proceeds of US$250 million. The shares were purchased on a bought deal basis by a syndicate of underwriters led by TD Securities Inc., BMO Capital Markets and Macquarie Capital Markets Canada Ltd.

Alamos intends to use the net proceeds of the offering and existing cash to repay all of its outstanding US$315 million senior secured 7.75% high yield notes maturing 2020.

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America.

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