Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, February 8, 2013

Aurizon Mines in talks with a number of potential buyers, (TSE: AGI.TO), (TSE: ARZ.TO), (AMEX: AZK)

Gold miner Aurizon Mines Ltd said it was in talks with a number of potential buyers, after rejecting last month an unsolicited C$780 million ($785 million) offer from Alamos Gold Inc. Confidentiality agreements have been reached with the possible buyers and they are conducting due diligence, Aurizon said in a statement on Friday. It did not identify the parties involved.

Alamos Gold Inc. is engaged in the acquisition, exploration, development and extraction of precious metals in Mexico and Turkey. Shares of AGI traded higher by 0.91% or $0.14/share to $15.53. In the past year, the shares have traded as low as $13.84 and as high as $20.27. On average, 326943 shares of AGI.TO exchange hands on a given day and today's volume is recorded at 0.

Aurizon Mines Ltd. (Aurizon), incorporated on April 8, 1988, is a Canada-based gold producer with operations and development activities in the Abitibi region of north-western Quebec. Shares of ARZ traded higher by 0.65% or $0.03/share to $4.64. In the past year, the shares have traded as low as $3.15 and as high as $5.57. On average, 1001000 shares of ARZ.TO exchange hands on a given day and today's volume is recorded at 0.

Aurizon Mines Ltd. (Aurizon), incorporated on April 8, 1988, is a Canada-based gold producer with operations and development activities in the Abitibi region of north-western Quebec. Shares of AZK remained unchanged at $4.63. In the past year, the shares have traded as low as $3.19 and as high as $5.64. On average, 820555 shares of AZK exchange hands on a given day and today's volume is recorded at 0.



Source