Minera Alamos Stock Price, News & Analysis

Minera Alamos (OTCQX: MAIFF) completed a 10-for-1 share consolidation effective January 5, 2026. The consolidation converts every ten pre-consolidation common shares into one post-consolidation common share.

Following the consolidation the company has 108,043,726 common shares issued and outstanding. All outstanding warrants and incentive stock options were adjusted: their exercise prices were increased by a factor of ten and the number of common shares issuable on exercise was divided by ten. Post-consolidation trading on the TSX Venture Exchange began at market open on January 5, 2026.

Minera Alamos (OTCQX: MAIFF) will consolidate its common shares on a 10-for-1 basis, reducing issued and outstanding shares from 1,080,440,735 to approximately 108,044,073 (minor variance due to fractional rounding).

The consolidation was approved by shareholders on July 16, 2025 and is subject to final TSXV acceptance. The company expects to complete the consolidation at the close of business on January 2, 2026, with post-consolidation trading beginning at market open on January 5, 2026. Outstanding warrants and incentive stock options will have their exercise price increased by a factor of ten and the number of underlying shares reduced by dividing by ten. Fractional shares will be rounded down with no additional consideration.

Minera Alamos (OTCQX: MAIFF) reported Q3 2025 unaudited results and material corporate developments on December 1, 2025. Key actions include the closing of the Nevada Assets acquisition (Pan, Gold Rock, Illipah) on October 1, 2025 for US$88,372,424 cash plus 96,802,816 shares, and completion of a subscription receipt offering that raised approximately $135,000,300 gross.

First gold pour under Minera Alamos ownership occurred October 7, 2025 and total October production was 3,093 oz. Q3 2025 net loss was $7,057,841 (loss per share $0.012); loss from operations was $299,455. The company granted 48,300,000 pre-consolidation options at $0.425, plans a 10:1 share consolidation, and intends to apply to graduate to the TSX in Q1 2026.

Minera Alamos (OTCQX: MAIFF) provided an update on development plans for the 100% owned Copperstone Mine in western Arizona, including permitting, engineering, exploration and timing for a project restart.

The current NI 43-101 PEA shows an after-tax NPV of US$66M at US$1,800/oz gold and >US$200M at US$2,800/oz, with after-tax IRR 53.6%–152.7%. Measured and Indicated resources total 300,000 oz (1.2 Mt at 7.7 g/t) and Inferred resources 197,000 oz (0.97 Mt at 6.3 g/t).

The company submitted final MPO amendments in July 2025 and expects permit approvals before year-end 2025 to support a planned restart in 2026; an updated technical study is planned for release in H1 2026. A Phase 1 drill program is targeted for Q1 2026 and used process equipment transfer is expected largely complete before year-end 2025.

Minera Alamos (TSXV: MAIFF) completed the acquisition of the Pan Mine Complex on October 1, 2025 and recorded its first dore pour under company ownership on October 7, 2025 (425 oz).

The company re-affirms Pan Mine 2025 operating guidance of 30,000–40,000 oz of gold at an AISC of US$1,600–1,700/oz. Pan Mine Q3 2025 YTD production was ~26,100 oz at ~US$1,675 AISC/oz. Q4 2025 is forecast to meet or exceed planned production of 8,500–9,000 oz, with all Q4 ounces attributable to Minera Alamos.

Minera Alamos (OTC: MAIFF) announced the appointment of Darren Blasutti as Executive Vice President, Corporate Development and the resignation of Doug Ramshaw as President on October 23, 2025. The company also launched a $3,500,000 private placement (Units at $0.40) with Mr. Blasutti subscribing $1,000,000. Proceeds are for general working capital.

Minera Alamos agreed to settle USD$3,617,500 of debt by issuing 12,617,718 common shares at $0.40 per share, subject to TSXV approval. The company granted 7,025,824 RSUs to officers and directors vesting one year after grant. The CEO referenced the recent acquisition of the Pan Gold Mine in Nevada as part of the company's transition to producer status.

Minera Alamos (TSXV: MAI) has completed the acquisition of Equinox Gold's Nevada Assets, including the Pan Gold Mine, Gold Rock Project, and Illipah Project for a total consideration of $88.37 million in cash plus 96.8 million common shares.

The transaction was funded through a C$135 million bought deal private placement of subscription receipts. Additionally, the company secured a $25 million gold prepayment agreement with Auramet International, structured with a 6-month grace period followed by 18 monthly installments totaling 7,830 ounces of gold.

Post-transaction, Equinox Gold owns 9.15% of Minera Alamos's outstanding shares, with the company now having 1.06 billion shares outstanding. The company also announced the appointment of Jason Kosec as Chairman of the Board.

Minera Alamos (TSXV: MAI) has successfully closed the order book for its previously announced C$110 million private placement due to strong institutional investor demand. The offering, led by Stifel Canada and other major underwriters, includes a C$25 million Underwriters' Option.

The company will use the proceeds to acquire Calibre USA Holdings from Equinox Gold Corp. for $115 million, comprising $90 million in cash and $25 million in equity. The acquisition includes the Pan Gold Mine, Gold Rock Project, and Illipah Project in Nevada. The offering is expected to close in mid-September, with Equinox's ownership capped at 9.99% of outstanding shares.

Minera Alamos (TSXV: MAI) held its Annual General and Special Meeting of Shareholders on July 16, 2025, in Toronto. Shareholders demonstrated strong support for all proposed items, with 40% of total shares participating in the voting process, representing 233,846,881 common shares.

All five nominated board members - Darren Koningen, Doug Ramshaw, Bruce Durham, Ruben Padilla, and Kevin Small - were re-elected. Following the meeting, Bruce Durham was appointed as Lead Director.