Alamos Gold Inc, which is caught in a battle with Hecla Mining Co to acquire Aurizon Mines Ltd , extended its tender offer deadline for Aurizon shares. Alamos extended the deadline to March 19 from March 5, following the waiver of the minimum tender condition of its original bid.Aurizon in January rejected an unsolicited takeover offer from Alamos, its largest single shareholder with a more than 16 percent stake, for about C$780 million.Alamos said on Monday it would not raise its offer, following U.S. silver miner Hecla's rival bid of about C$796 million ($774 million).The Canadian miner said shareholders had tendered about 18 million Aurizon shares, representing 10.26 percent, as of March 4.
Alamos Gold Inc. is engaged in the acquisition, exploration, development and extraction of precious metals in Mexico and Turkey. Shares of AGI fell by 3.38% or $-0.47/share to $13.42. In the past year, the shares have traded as low as $13.09 and as high as $20.28. On average, 9498 shares of AGI exchange hands on a given day and today's volume is recorded at 30568.
Alamos Gold Inc. is engaged in the acquisition, exploration, development and extraction of precious metals in Mexico and Turkey. Shares of AGI fell by 3.37% or $-0.48/share to $13.76. In the past year, the shares have traded as low as $13.32 and as high as $20.00. On average, 432518 shares of AGI.TO exchange hands on a given day and today's volume is recorded at 857444.
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 fell by 4.23% or $-0.19/share to $4.30. In the past year, the shares have traded as low as $3.15 and as high as $5.55. On average, 1338410 shares of ARZ.TO exchange hands on a given day and today's volume is recorded at 7334161.
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 fell by 5.19% or $-0.23/share to $4.20. In the past year, the shares have traded as low as $3.19 and as high as $5.57. On average, 968268 shares of AZK exchange hands on a given day and today's volume is recorded at 1524159.
Hecla Mining Company is engaged in discovering, acquiring, developing, producing, and marketing silver, gold, lead and zinc. Shares of HL fell by 1.47% or $-0.06/share to $4.01. In the past year, the shares have traded as low as $3.70 and as high as $6.94. On average, 3660650 shares of HL exchange hands on a given day and today's volume is recorded at 11000289.
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