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GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6% GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6%
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 →

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Technical Study