Northwire Canada EditionMonday, July 27, 2026
Sign inSubscribe
Northwire
⌕
WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% DNO 0.430 +0.0% FPC 0.470 +2.2% SVRS 0.410 −3.5% CLV 0.120 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% DNO 0.430 +0.0% FPC 0.470 +2.2% SVRS 0.410 −3.5% CLV 0.120 +0.0%
M&A / Property

Alamos Gold closes sale of Quartz Mountain project

By The Northwire Desk — AI Analysis Oct 22, 2025 · 18:05 AGI · 44.53 Alamos Gold Inc.
AGI · Price

Executive Summary

  • Alamos Gold Inc. has closed the previously announced transaction to sell its option to earn a 100% interest in the Quartz Mountain gold project to Q-Gold Resources Ltd.
  • The total consideration for the transaction is up to $21 million, payable in cash and/or common shares of Q-Gold, plus an equity stake in Q-Gold.
  • At closing, Alamos received immediate cash and equity, with the remaining balance structured as guaranteed payments over three years and milestone-based payments.

Key Details

  • Transaction Structure: Sale of the option to earn a 100% interest in the Quartz Mountain gold project.
  • Total Consideration: Up to $21 million (USD).
  • Immediate Closing Consideration:
    • Cash received: $2.85 million.
    • Equity received: 13,924,702 common shares of Q-Gold Resources Ltd., representing 9.99% of Q-Gold's issued and outstanding common shares.
  • Deferred Consideration: Up to $18.15 million, payable at Alamos's election in cash or Q-Gold common shares, structured as:
    • $8.15 million in guaranteed payments to be paid over three years.
    • $10.0 million in milestone payments.

Notable Quotes

  • None provided in the text.
Read the original news release →

More from Alamos Gold Inc.

Jun 22, 2026 · 06:55

Alamos reports high-grade drill results at the Island Gold District, offsetting Young-Davidson seismic headwinds while guidance remains under pressure.

Drill Results Jun 18, 2026 · 17:00

Alamos reports operational setbacks at Young-Davidson impacting full-year guidance, while Island Gold ramp-up and hedge retirement support long-term margin upside.

Production / Operations Apr 29, 2026 · 17:00

Alamos Gold Delivers Record Revenue on Soaring Prices Despite Cost Guidance Miss

Earnings Apr 02, 2026 · 06:55

Island Gold expansion and North American growth drive Alamos’ value; Q1 2026 results awaited as expansion milestones approach

Earnings Mar 20, 2026 · 16:27

Alamos files NI 43-101 report for Island gold expansion

Technical Study Feb 18, 2026 · 17:02

Alamos Gold Reports Fourth Quarter and Year-End 2025 Results

Earnings