TORONTO, February 7, 2025 – Minera Alamos Inc. (the “Company” or “Minera Alamos”) (TSXV: MAI) filed an early warning report, as mandated by Canadian securities legislation (the “Early Warning Report”), following the completion of its previously announced acquisition of Sabre Gold Mines Corp. (“Sabre”) through a plan of arrangement (the “Arrangement“). Minera Alamos acquired all issued and outstanding common shares of Sabre—110,388,801 shares—under the Arrangement.
Before the Arrangement, Minera Alamos held no Sabre shares. This acquisition increased Minera Alamos’ beneficial ownership and control of Sabre shares from 0% to 100%.
The Arrangement involved exchanging each Sabre common share for 0.693 Minera Alamos common shares, resulting in the issuance of 76,499,114 Minera Alamos common shares.
Minera Alamos and Sabre are headquartered at 55 York Street, Suite 402, Toronto, ON, M5J 1R7. The Early Warning Report is accessible on Sabre’s SEDAR+ profile and can be obtained by contacting Victoria Vargas de Szarzynski, Minera’s VP Investor Relations, at 289-242-3599.
About Minera Alamos Inc.
Minera Alamos is a gold production and development company with a portfolio of high-quality Mexican assets. These include the 100%-owned Santana open-pit, heap-leach mine in Sonora, currently commencing operations at the new Nicho Main deposit; the 100%-owned Cerro de Oro oxide gold project in northern Zacatecas, which has completed significant drilling and metallurgical work and is undergoing permitting; and the La Fortuna open-pit gold project in Durango (100%-owned), possessing a positive preliminary economic assessment (PEA) and key Federal permits. Minera Alamos’ operating team has a proven track record, having successfully launched three open-pit heap-leach gold mines in Mexico over the past 14 years. Minera Alamos also fully owns the Copperstone mine and infrastructure in La Paz County, Arizona, an advanced development asset with operational permits, which can be developed concurrently with Mexican projects.
The Company’s strategy focuses on developing low-capital expenditure assets, expanding resource reserves, and pursuing strategic acquisitions.
SOURCE Minera Alamos Inc.