Alamos Gold Announces Filing of Base Shelf Prospectus

Rhea-AI Summary

Alamos Gold (NYSE:AGI) has filed a new base shelf prospectus with Canadian regulators and a corresponding shelf registration with the SEC, enabling the company to issue up to US$500 million in securities. The filing includes Class A common shares, debt securities, warrants, and subscription receipts.

The prospectus will be effective for 25 months and replaces the previous one that expired in June 2025. While Alamos states it has no immediate plans for an offering, the filing maintains financial flexibility. Any future offerings during this period would require additional prospectus supplements detailing specific terms and use of proceeds.

Positive

• Maintains financial flexibility with ability to raise up to US$500 million
• Extended shelf registration period of 25 months provides long-term optionality
• No immediate dilution as company has no present intention to offer securities

Negative

• Potential future dilution if securities are issued under the shelf prospectus
• Uncertainty regarding possible future capital raises and their terms

Insights

Financial Analyst

Alamos Gold filed a $500M shelf prospectus providing financing flexibility with no immediate plans to raise capital.

Alamos Gold has filed a new base shelf prospectus allowing it to raise up to US$500 million through various securities over the next 25 months. This regulatory filing replaces their previous shelf prospectus from May 2023 that expired in June 2025.

This strategic move maintains Alamos' financial flexibility without committing to any immediate capital raise. The company explicitly states it has "no present intentions to undertake an offering" under this prospectus. The filing covers potential issuance of Class A common shares, debt securities, warrants, and subscription receipts in both Canadian and US markets.

A shelf prospectus like this is standard practice for well-established mining companies, allowing them to quickly access capital markets when opportunities arise without the delays of preparing new registration documents. For Alamos, this represents prudent financial management rather than signaling any immediate cash needs.

The timing aligns with normal corporate practice of maintaining continuous access to capital markets. If Alamos does decide to raise capital during the 25-month window, they would need to file a supplemental prospectus detailing specific terms and use of proceeds.

This filing provides Alamos with options for future financing activities whether for potential acquisitions, development projects, debt refinancing, or other corporate purposes - all without telegraphing specific plans to the market.

TORONTO, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) announced that it has filed a base shelf prospectus dated August 8, 2025 (the “Base Shelf Prospectus”) with the Ontario Securities Commission, relying on the well-known seasoned issuer exemption, and a corresponding shelf registration statement with the United States Securities and Exchange Commission (the “SEC”) on Form F-10 (the “Registration Statement”). The Base Shelf Prospectus qualifies the issuance of up to US$500,000,000 (or the equivalent in other currencies) of Class A common shares, debt securities, warrants and subscription receipts (collectively, the “Securities”) of the Company, or any combination thereof, in all of the provinces and territories of Canada, and the Registration Statement registers the Securities for offers and sales in the United States using the multijurisdictional disclosure system. The Base Shelf Prospectus is effective for a period of 25 months. The Registration Statement, once it is declared effective by the SEC, will be effective for the remaining duration of the Base Shelf Prospectus.

The Base Shelf Prospectus replaces the previous Base Shelf Prospectus that was filed in May 2023 and expired in June 2025. The Company has filed the Base Shelf Prospectus and Registration Statement to maintain financial flexibility but has no present intentions to undertake an offering of securities under the Base Shelf Prospectus. There is no certainty any Securities will be offered or sold under the Base Shelf Prospectus and/or Registration Statement within the 25-month effective period. Should the Company decide to offer securities during the 25-month effective period, the specific terms, including the use of proceeds, will be set forth in a prospectus supplement to the Base Shelf Prospectus and Registration Statement.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In addition, we caution you that the Registration Statement relating to the Securities has been filed with the SEC but has not yet become effective. The Securities may not be sold nor may offers to buy be accepted in the United States prior to the time the Registration Statement becomes effective.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operations in North America. This includes the Island Gold District and the Young-Davidson mine in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 2,400 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Scott K. Parsons
Senior Vice President, Corporate Development & Investor Relations
(416) 368-9932 x 5439
Khalid Elhaj
Vice President, Business Development & Investor Relations
(416) 368-9932 x 5427
ir@alamosgold.com

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

Cautionary Note

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

This news release does not constitute, and is not, an offer or solicitation of an offer of securities.
Information in this news release may contain forward-looking information as defined under applicable Canadian and U.S. securities laws. All statements in this news release which are not of historical fact and which address events, results, outcomes or developments that the Company expects to occur or which may occur are, or may be deemed to be, “forward-looking statements”. Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements in this news release include, without limitation, statements regarding potential future market opportunities and the potential future issuance of Class A common shares, debt securities, warrants and/or subscription receipts of the Company pursuant to the Base Shelf Prospectus referred to in this news release.

Forward-looking statements are necessarily based upon several factors and assumptions which are inherently subject to business, economic, technical, legal, political and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially and there can be no assurance that forward-looking statements will prove to be accurate. Readers should not place undue reliance on forward-looking statements or information.

Risk factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this news release are set out in the Company’s latest 40-F/Annual Information Form and Management’s Discussion and Analysis, each under the heading “Risk Factors” available on the SEDAR+ website at www.sedarplus.ca or on EDGAR at www.sec.gov, and should be reviewed in conjunction with the information and assumptions found in this news release. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

FAQ

What is the size of Alamos Gold's new shelf prospectus filing?

Alamos Gold's new shelf prospectus allows for the issuance of up to US$500 million in securities, including Class A common shares, debt securities, warrants, and subscription receipts.

How long will AGI's new base shelf prospectus remain effective?

The base shelf prospectus will be effective for 25 months from its filing date of August 8, 2025.

Does Alamos Gold (AGI) plan to immediately issue new securities?

No, Alamos Gold has stated it has no present intentions to undertake an offering and filed the prospectus only to maintain financial flexibility.

What types of securities can AGI issue under the new shelf prospectus?

Under the shelf prospectus, Alamos Gold can issue Class A common shares, debt securities, warrants, and subscription receipts, or any combination thereof.

When did Alamos Gold's previous base shelf prospectus expire?

Alamos Gold's previous base shelf prospectus was filed in May 2023 and expired in June 2025.