Minera Alamos entered into a binding letter of intent with Argonaut Gold and Durango Fern Mines, to acquire 100% of the La Fortuna gold project in Mexico's Durango state. The company will pay the vendor $750,000 on closing, with an additional $250,000 to be paid nine months later and another $1 million upon the announcement of a construction decision.
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05-31 | Minera Alamos Keeps Outperform Rating, $0.60 Price Target from National Bank of Canada | MT |
05-31 | Minera Alamos Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
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+18.32% | 25.1B | |
+74.82% | 20.21B |
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- Minera Alamos Enters into Binding Letter of Intent with Argonaut Gold and Durango Fern Mines to Acquire 100% of the La Fortuna Gold Project in Durango, Mexico