The net proceeds of the offering will be used to accelerate the advancement of the Company’s Los Ricos project and for general corporate purposes.

The Company has paid dividends for 11 consecutive years during which time $179 million has been returned to shareholders through dividends and share buybacks.

The Offering remains subject to closing of the San Javier transaction as announced August 6, 2020, customary closing conditions and acceptance of the TSX Venture Exchange. The Company anticipates closing both the Offering and the San Javier transaction on or about September 9th.

“We are enjoying a solid third quarter, leaving behind the COVID-19 mandatory suspension and aiming to re-establish our mines’ production targets and improved profitability with stronger metal prices.”

Alamos Gold Inc. is pleased to announce the appointment of Scott R.G. Parsons as its Vice President, Exploration. Mr. Parsons succeeds Chris Rockingham following his retirement on August 31, 2020.

Golden Tag Resources Ltd. announced today the release of its unaudited condensed interim consolidated financial statements for the second quarter of 2020, together with its Management, Discussion and Analysis.

Southern Silver Exploration Corp. plans to issue up to 1,200,000 units in a non- brokered private placement at a price of $0.38 per Unit to raise $456,000.

Redstar’s new CEO, Charles Funk added: “Closing the recently announced C$7,000,000 financing and completing the Heliodor acquisition gears the new company for a very active 2020. Drilling will commence in a little over a week at Unga and exploration programs are being prepared for Mexico later this year which will provide consistent newsflow as we demonstrate the significant potential of our portfolio. Redstar has a bright future and I’m excited to be leading this initiative.”