Alio Gold Inc. Common Shares (Canada) (ALO) News
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Latest ALO News From Around the Web
Below are the latest news stories about Alio Gold Inc that investors may wish to consider to help them evaluate ALO as an investment opportunity.
Argonaut Gold and Alio Gold Complete Merger to Create North American Diversified Intermediate Gold ProducerArgonaut Gold Inc. (“Argonaut” or “Argonaut Gold”) (AR.TO) and Alio Gold Inc. (“Alio” or “Alio Gold”) (TSX, NYSE-A: ALO) have completed the business combination to create a North American, diversified precious metals producing company with a strong portfolio of growth assets. Argonaut common shares will continue trading on the Toronto Stock Exchange with no changes. |
Argonaut Gold and Alio Gold Receive Mexican Anti-trust ApprovalArgonaut Gold Inc. (“Argonaut” or “Argonaut Gold”) (AR.TO) and Alio Gold Inc. (“Alio” or “Alio Gold”) (TSX, NYSE-A: ALO) are pleased to announce the receipt of the clearance decision from the Comisión Federal de Competencia Económica (“COFECE”) with respect to the pending merger between Argonaut Gold and Alio Gold. Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production. The Company continues to hold the San Antonio advanced exploration project in Baja California Sur, Mexico and several exploration stage projects, all of which are located in North America. |
How Hedge Funds Traded Alio Gold Inc. (ALO) During The CrashIn this article we will check out the progression of hedge fund sentiment towards Alio Gold Inc. (NYSE:ALO) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […] |
Argonaut Gold Shareholders and Alio Gold Securityholders Approve Merger to Create North American Diversified Intermediate Gold ProducerArgonaut Gold Inc. (“Argonaut” or “Argonaut Gold”) (AR.TO) and Alio Gold Inc. (“Alio” or “Alio Gold”) (TSX, NYSE-A: ALO) are pleased to announce that Argonaut shareholders and shareholders and certain securityholders of Alio approved all matters voted on at their respective annual general and special meetings held earlier today, including approving the transaction announced on March 30, 2020 to combine companies, creating a diversified, North American intermediate gold producer. The merger with Alio was approved by 99.81% of the votes cast by Argonaut shareholders, with shareholders holding 106,837,086 shares or 59.13% of the outstanding shares of Argonaut present in person or represented by proxy at the meeting. |
Argonaut Gold and Alio Gold Merger: Reminder to VoteArgonaut Gold Inc. (“Argonaut” or “Argonaut Gold”) (AR.TO) and Alio Gold Inc. (“Alio” or “Alio Gold”) (TSX, NYSE-A: ALO) would like to remind shareholders and certain securityholders (in the case of Alio) that they have until 11:30 a.m. (Eastern time) or 8:30 a.m. (Pacific time) on Friday May 15, 2020 to vote their shares or securities by proxy at the companies’ respective upcoming Annual and Special Meetings. Each of the Argonaut Gold and Alio Gold Board of Directors has unanimously recommended that the shareholders and certain securityholders (in the case of Alio) of their respective companies vote FOR each of the proposed resolutions to be considered at their respective Annual and Special Meetings. |
Alio Gold Reports Strong First Quarter 2020 ResultsAlio Gold Inc. (TSX, NYSE AMERICAN: ALO) (“Alio Gold” or the “Company”) today reported its first quarter 2020 results. Q1 2020 Consolidated Gold production 1 of 16,406 ounces at cash costs 1,2 of $1,276/oz produced. Announced a merger with Argonaut Gold (“Argonaut”) on March 30, 2020. |
Argonaut Gold and Alio Gold Merger Receives Positive Recommendation from Proxy Advisory Firm, Glass, Lewis & Co.Argonaut Gold Inc. (“Argonaut” or “Argonaut Gold”) (AR.TO) and Alio Gold Inc. (“Alio” or “Alio Gold”) (TSX, NYSE-A: ALO) are pleased to announce that Glass, Lewis & Co. (“Glass Lewis”), an independent proxy advisory firm that provides voting recommendations to shareholders, has issued positive reviews of the proposed merger announced on March 30, 2020. Leading proxy advisory firms, Glass Lewis and Institutional Shareholder Services Inc. (ISS) both recommend that Argonaut and Alio shareholders vote in favour of the resolutions to be voted on at the special meetings of shareholders to be held on May 20, 2020. |
Alio Gold Completes Sale of San Francisco MineAlio Gold Inc. (TSX, NYSE AMERICAN: ALO) (“Alio Gold” or the “Company”), has completed the previously announced sale of the San Francisco Mine to Magna Gold Corp. (“Magna”). Under the terms of the agreement a subsidiary of Alio Gold, Timmins GoldCorp Mexico S.A. de C.V. (“Timmins”), a company organized under the laws of Mexico, has received 9,740,000 common shares (the “Consideration Shares”) of Magna and will receive $5 million in cash (or a 1% NSR royalty in respect of the San Francisco Mine, if the cash payment is not made by Magna) within twelve months. |
Argonaut Gold and Alio Gold Merger Receives Positive Recommendation from Proxy Advisor Firm, Institutional Shareholder Services Inc.Argonaut Gold Inc. (“Argonaut” or “Argonaut Gold”) (AR.TO) and Alio Gold Inc. (“Alio” or “Alio Gold”) (TSX, NYSE-A: ALO) are pleased to announce that Institutional Shareholder Services Inc. (“ISS”), an independent proxy advisory firm that provides voting recommendations to shareholders, has issued positive reviews of the proposed merger announced on March 30, 2020. ISS recommends that both Argonaut and Alio shareholders vote in favour of the resolutions to be voted on at the special meeting of shareholders to be held on May 20, 2020. Argonaut and Alio shareholders of record at the close of business on March 30, 2020 and April 14, 2020 respectively are eligible to vote their common shares. |
Argonaut Gold and Alio Gold Mail Joint Management Information Circular in Connection With Special Meetings to Approve Friendly At-Market MergerArgonaut Gold Inc. (“Argonaut” or “Argonaut Gold”) (AR.TO) and Alio Gold Inc. (“Alio” or “Alio Gold”) (TSX, NYSE-A: ALO) have filed the joint management information circular and related meeting materials in connection with their respective special meetings of securityholders (the “Meetings”) to be held on May 20, 2020. The purpose of the Meetings is to seek approval for a number of matters, including the proposed friendly, at-market merger announced on March 30, 2020, whereby Argonaut and Alio will combine to create a diversified intermediate producer in North America. Under the terms of the Arrangement Agreement, all of the Alio issued and outstanding common shares will be exchanged on the basis of 0.67 of an Argonaut common share per each Alio common share (the “Exchange Ratio”). |