Alamos Gold Declares Quarterly Dividend
Alamos Gold Declares Quarterly Dividend
TORONTO, Nov. 22, 2022 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the
Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid
dividends for 13 consecutive years during which time $285 million has been returned to shareholders through dividends and
share buybacks, including $48 million thus far in 2022.
The dividend is payable on December 20, 2022 to shareholders of record as of the close of business on December 6, 2022.
This dividend qualifies as an “eligible dividend” for Canadian income tax purposes.
Dividend Reinvestment Plan
The Company has implemented a dividend reinvestment plan (“DRIP”). This gives shareholders the option of increasing their
investment in Alamos, at a discount to the prevailing market price and without incurring any transaction costs, by electing to
receive common shares in place of cash dividends. For shareholders that elect to participate in the DRIP, common shares will
be issued from treasury at a 3% discount to the prevailing market price.
Enrollment in the DRIP is optional. Further information on the plan, including the forms needed to enroll are available on the
Company’s website at http://www.alamosgold.com/investors/Dividend-Reinvestment-Plan. In order to be eligible to participate
in the December 20, 2022 dividend, enrollment must be completed by 4:00 pm EST on the fifth business day prior to the
December 6, 2022 dividend record date.
About Alamos
Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North
America and a strong portfolio of growth projects. This includes the Young-Davidson and Island Gold mines in northern
Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Alamos employs more than 1,900 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
Vice President, Investor Relations
(416) 368-9932 x 5439
All amounts are in United States dollars, unless otherwise stated.
The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.
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",
“potential” 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 regarding planned dividend payments. The declaration
and payment of dividends remains at the discretion of the Board of Directors and will depend on the Company's financial
results, cash requirements, future prospects and other factors deemed relevant by the Board of Directors. 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,
legal, political and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to
differ materially from those projected in the forward-looking statements. 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.