Alamos Gold to Celebrate its 20th Anniversary by Ringing the Opening Bell on
Alamos Gold to Celebrate its 20th Anniversary by Ringing the Opening Bell on
the NYSE February 8, 2023
TORONTO, Feb. 07, 2023 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that
founder, President and Chief Executive Officer John A. McCluskey will join members of the leadership team and Board of
Directors in ringing the opening bell on the New York Stock Exchange on February 8, 2023. Alamos is celebrating its 20 th
anniversary as a Company and 10th year listed on the New York Stock Exchange.
“Alamos Gold was founded 20 years ago this month with a market capitalization of less than $50 million, the Mulatos project,
and a vision. Today, Alamos is a growing, diversified intermediate gold producer with a market capitalization of more than $4
billion, and a long-term track record of creating value for all of our stakeholders. With a portfolio of high-quality operations in
Canada and Mexico, and a strong, fully funded development pipeline, our outlook has never been stronger. We are on track to
deliver growing production and a substantial decrease in costs over the next several years, driving strong free cash flow growth.
We are honoured to be ringing the opening bell to celebrate these two important anniversaries and a bright future,” said John
A. McCluskey, President and Chief Executive Officer.
About Alamos
Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North
America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine 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 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
Senior 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
This press release contains or incorporates by reference “forward-looking statements” and “forward-looking information” as
defined under applicable Canadian and U.S. securities laws. All statements, other than statements of historical fact, which
address events, results, outcomes or developments that the Company expects to occur are, or may be deemed to be, forward-
looking statements and are generally, but not always, identified by the use of forward-looking terminology such as "expect",
“outlook”, “on track”, “continue”, “ongoing”, or variations of such words and phrases and similar expressions or statements that
certain actions, events or results “may", “could”, “would”, "might" or "will" be taken, occur or be achieved or the negative
connotation of such terms. Forward-looking statements contained in this press release are based on expectations, estimates
and projections as of the date of this press release.
Forward-looking statements in this press release include, but may not be limited to, expectations regarding production growth,
decreases in costs, free cash flow growth, future financial and operating performance and value for stakeholders.
The Company cautions that forward-looking statements are necessarily based upon a number of factors and assumptions that,
while considered reasonable by management at the time of making such statements, are inherently subject to significant
business, economic, technical, 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, and undue reliance
should not be placed on such statements and information.
Such factors and assumptions underlying the forward-looking statements in this press release, include, but are not limited to:
changes to current estimates of Mineral Reserves and Resources; changes to production estimates (which assume accuracy
of projected ore grade, mining rates, recovery timing and recovery rate estimates and may be impacted by unscheduled
maintenance, weather issues, labour and contractor availability and other operating or technical difficulties); operations may be
exposed to new diseases, epidemics and pandemics, including the ongoing and potential further effects of COVID-19 and its
impact on the broader market and the trading price of the Company’s shares; provincial, state and federal orders or mandates
(including with respect to mining operations generally or auxiliary businesses or services required for the Company’s
operations) in Canada, Mexico, the United States and Türkiye; the duration of any ongoing or future regulatory responses to
COVID-19 and government and the Company’s attempts to reduce the spread of COVID-19, which may affect many aspects of
the Company’s operations including the ability to transport personnel to and from site, contractor and supply availability and
the ability to sell or deliver gold doré bars; fluctuations in the price of gold or certain other commodities such as, diesel fuel,
natural gas and electricity; changes in foreign exchange rates (particularly the Canadian dollar, U.S. dollar, Mexican peso and
Turkish Lira); the impact of inflation; changes in the Company’s credit rating; any decision to declare a dividend; employee and
community relations; labour and contractor availability (and being able to secure the same on favourable terms); litigation and
administrative proceedings; disruptions affecting operations; availability of and increased costs associated with mining inputs
and labour; permitting, construction or other delays with respect to the Company’s existing and/or development projects;
inherent risks and hazards associated with mining and mineral processing including environmental hazards, industrial
accidents, unusual or unexpected formations, pressures and cave-ins; the risk that the Company’s mines may not perform as
planned; uncertainty with the Company's ability to secure additional capital to execute its business plans; the speculative
nature of mineral exploration and development, including the risks of obtaining and maintaining necessary licenses, permits
and authorizations, contests over title to properties; expropriation or nationalization of property; political or economic
developments in Canada, Mexico, the United States, Türkiye and other jurisdictions in which the Company may carry on
business in the future; increased costs and risks related to the potential impact of climate change; changes in national and
local government legislation, controls or regulations (including tax and employment legislation) in jurisdictions in which the
Company does or may carry on business in the future; the costs and timing of construction and development of new deposits;
risk of loss due to sabotage, protests and other civil disturbances; disruptions in the maintenance or provision of required
infrastructure and information technology systems, the impact of global liquidity and credit availability and the values of assets
and liabilities based on projected future cash flows; risks arising from holding derivative instruments; and business
opportunities that may be pursued by the Company.
For a more detailed discussion of such risks and other factors that may affect the Company's ability to achieve the
expectations set forth in the forward-looking statements contained in this press release, see the Company’s latest 40-
F/Annual Information Form and Management’s Discussion and Analysis, each under the heading “Risk Factors” available on
the SEDAR website at www.sedar.com or on EDGAR at www.sec.gov. The foregoing should be reviewed in conjunction with
the information and 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.