Alamos Gold Declares Quarterly Dividend

TORONTO, June 02, 2021 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Firm”) immediately introduced that the Firm’s Board of Administrators has declared a quarterly dividend of US$0.025 per widespread share. The Firm has paid dividends for 12 consecutive years throughout which era $208 million has been returned to shareholders via dividends and share buybacks.

The dividend is payable on June 30, 2021 to shareholders of report as of the shut of enterprise on June 16, 2021. This dividend qualifies as an “eligible dividend” for Canadian earnings tax functions.

Dividend Reinvestment Plan

The Firm has carried out a dividend reinvestment plan (“DRIP”). This provides shareholders the choice of accelerating their funding in Alamos, at a reduction to the prevailing market value and with out incurring any transaction prices, by electing to obtain widespread shares instead of money dividends. For shareholders that elect to take part within the DRIP, widespread shares will probably be issued from treasury at a 3% low cost to the prevailing market value.

Enrollment within the DRIP is non-obligatory. Additional data on the plan, together with the types wanted to enroll can be found on the Firm’s web site at https://www.alamosgold.com/investors/Dividend-Reinvestment-Plan. As a way to be eligible to take part within the June 30, 2021 dividend, enrollment should be accomplished by 4:00 pm EST on the fifth enterprise day previous to the June 16, 2021 dividend report date.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified manufacturing from three working mines in North America. This contains the Younger-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Moreover, the Firm has a major portfolio of growth stage initiatives in Canada, Mexico, Turkey, and the US. Alamos employs greater than 1,700 individuals and is dedicated to the very best requirements of sustainable growth. The Firm’s shares are traded on the TSX and NYSE beneath the image “AGI”.

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All quantities are in United States {dollars}, until in any other case said.

The TSX and NYSE haven’t reviewed and don’t settle for accountability for the adequacy or accuracy of this launch.

Cautionary Be aware Relating to Ahead Wanting Statements

Sure of the statements made and data contained herein, apart from statements of historic reality and historic data, is “forward-looking data” inside the which means of relevant Canadian and U.S. securities legal guidelines. Ahead-looking statements are typically, however not at all times, recognized by means of forward-looking terminology reminiscent of “will”, “could”, “potential” or variations of such phrases that sure actions, occasions or outcomes “might” “may” or “will” happen or be achieved. Ahead-looking statements on this press launch embrace data relating to deliberate dividend funds. The declaration and cost of dividends stays on the discretion of the Board of Administrators and can rely upon the Firm’s monetary outcomes, money necessities, future prospects and different components deemed related by the Board of Administrators. Alamos cautions that forward-looking statements are essentially primarily based upon a number of components and assumptions that, whereas thought-about affordable by the Firm on the time of creating such statements, are inherently topic to important enterprise, financial, authorized, political and aggressive uncertainties and contingencies. Identified and unknown components might trigger precise outcomes to vary materially from these projected within the forward-looking statements. The Firm disclaims any intention or obligation to replace or revise any forward-looking statements whether or not on account of new data, future occasions or in any other case, besides as required by relevant regulation.