Alamos Gold Announces Closing of the Sale of its Turkish Development Projects
ALAMOS GOLD INC.
Brookfield Place, 181 Bay Street, Suite 3910, P.O. Box #823
Toronto, Ontario, Canada M5J 2T3
Telephone: (416) 368-9932 or 1 (866) 788-8801
All amounts are in United States dollars, unless otherwise stated.
F O R I M M E D I A T E R E L E A S E
W E B S I T E : w w w . a l a m o s g o l d . c o m T R A D I N G S Y M B O L : T S X : A G I N Y S E : A G I
Alamos Gold Announces Closing of the Sale of its Turkish Development
Projects
Toronto, Ontario (October 27, 2025) – Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (together with
its direct and indirect subsidiaries, “Alamos” or the “Company”) today announced that its wholly
owned Netherlands subsidiaries, Alamos Gold Holdings Coöperatief U.A. and Alamos Gold
Holdings B.V. (the “Netherlands Subsidiaries”), have completed the sale of Doğu Biga
Madencilik Sanayi ve Tic. A.Ş., their wholly owned Turkish subsidiary, which owns the Kirazlı,
Ağı Dağı and Çamyurt projects located in northwestern Türkiye, to Tümad Madencilik Sanayi
ve Ticaret A.Ş (“Tümad”), a mining company operating in the Republic of Türkiye, for total cash
consideration of $470 million (the “Transaction”).
Upon closing, Alamos received $160 million in cash . On the one -year and two -year
anniversaries of closing the Transaction, Alamos will receive $160 million and $150 million,
respectively (“Anniversary Payments”). The Anniversary Payments are secured by bank
guarantees provided by international financial institutions with investment grade ratings which
were received on closing.
About Alamos
Alamos is a Canadian-based intermediate gold producer with diversified production from three
operations in North America. This includes the Island Gold District and Young-Davidson mine
in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the
Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island
Gold, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 2,400 people
and is committed to the highest standards of sustainable development. The Company’s shares
are traded on the TSX and NYSE under the symbol “AGI”.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Scott K. Parsons
Senior Vice President, Corporate Development & Investor Relations
(416) 368-9932 x 5439
Khalid Elhaj
Vice President, Business Development & Investor Relations
(416) 368-9932 x 5427
The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.
T R A D I N G S Y M B O L : T S X : A G I N Y S E : A G I
2 | ALAMOS GOLD INC
Cautionary Note Regarding Forward Looking Statements
Certain of the statements made and information contained herein, other than statements of historical fact and
historical information, is "forward-looking information" within the meaning of applicable Canadian and U.S. securities
laws. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology
such as "will", "may", “ expect” or variations of such words that certain actions, events or results "could” "might" or
"will" occur or be achieved.
Forward-looking statements in this press release include information pertaining to the Transaction, the consideration
payable for the Transaction and the timing of payments . Alamos cautions that forward -looking statements are
necessarily based upon several factors and assumptions that, while considered reasonable by the Company at the
time of making such statements, are inherently subject to significant business, economic, leg al, political and
competitive uncertainties and contingencies. Known and unknown f actors could cause actual results to differ
materially from those projected in the forward-looking statements and undue reliance should not be placed on such
statements or information.
Risk factors that may affect the Company’s ability to achieve the expectations set forth in the forward -looking
statements in this press release include, without limitation: default on either or both of the Anniversary Payments.
Additional risk factors are set out in the Company’s latest 40F/Annual Information Form and Management’s
Discussion and Analysis, each under the heading “Risk Factors” available on the SEDAR+ website at
www.sedarplus.ca or on EDGAR at www.sec.gov, and should be reviewed in conjunction with the information, risk
factors and assumptions found in this press release. The Company disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new information, future events or otherwise, except as
required by applicable law.