Immediately prior to the closing of the Transaction, Osisko held, directly or indirectly, (i) 46,080,000 common shares of Minera Alamos, and (ii) warrants entitling Osisko to purchase 200,000 common shares (the “Warrants”). Assuming the exercise of the Warrants, Osisko would own 46,280,000 representing approximately 12.3% of Minera Alamos’ issued and outstanding common shares prior to the closing.
Immediately following the closing of the Transaction, Osisko owns, directly or indirectly, (i) 76,080,000 common shares of Minera Alamos representing approximately 18.7% of the issued and outstanding common shares of Minera Alamos and (ii) 200,000 Warrants of Minera Alamos. Assuming the exercise of the Warrants, Osisko would own 76,280,000 common shares of Minera Alamos, representing approximately 18.8% of Minera Alamos’ common shares that would be issued and outstanding.
Osisko acquired the securities described in this press release for investment purposes and in accordance with applicable securities laws, Osisko may, from time to time and at any time, acquire additional Common Shares and/or other equity, debt or other securities or instruments (collectively, “Securities”) of Minera Alamos in the open market or otherwise, and reserves the right to dispose of any or all of its Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of Minera Alamos and other relevant factors.
A copy of the early warning report to be filed by Osisko in connection with the Transaction described above will be available on SEDAR under Minera Alamos’ profile. This news release is issued under the early warning provisions of the Canadian securities legislation.
About
Osisko’s head office is located at 1100 Avenue des Canadiens-de-
For further information, please contact
President
Tel. (514) 940-0670
ssingh@osiskogr.com
Source:
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