Northwire Canada EditionThursday, November 12, 2026
Northwire
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Financings

Minera Alamos shares bought by investors

MAI · Price

Executive Summary

  • Minera Alamos Inc. announced the secondary market purchase of its shares by a group of strategic investors, facilitated through a subsidiary of Equinox Gold Corp.
  • The transaction involves the sale of 9,680,281 common shares at $5.80 per share, generating gross proceeds of $56,145,630 for the seller.
  • Darren Blasutti, Minera Alamos' Executive Vice-President, Corporate Development, is a key participant in the transaction, purchasing 517,242 shares for $3.0 million.

Key Details

  • Transaction Structure: Secondary market purchase of common shares.
  • Seller: A subsidiary of Equinox Gold Corp.
  • Buyers: A group of strategic investors, including Darren Blasutti (Executive Vice-President, Corporate Development of Minera Alamos).
  • Share Quantity: 9,680,281 common shares.
  • Price Per Share: $5.80.
  • Gross Proceeds to Seller: $56,145,630.
  • Darren Blasutti's Purchase: 517,242 shares for a total of $3.0 million.
  • Closing Date: Anticipated to occur in early February 2026.
  • Origin of Shares: The shares were originally issued to the seller as partial consideration for the acquisition of the Pan operating complex in White Pine County, Nevada (as announced in a news release dated Oct. 1, 2025).

Notable Quotes

  • No direct quotes from the CEO or President were included in the provided text.
Read the original news release →

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