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Orford Mining Corp’s Upcoming Shareholder Vote on Alamos Gold Acquisition & Financial Agreement

Orford Mining Corporation (TSXV: ORM) reminds shareholders to cast their votes regarding the impactful arrangement with Alamos Gold Inc. (TSX: AGI, NYSE: AGI).

Important Shareholder Voting Details

Orford’s special meeting of shareholders is scheduled for March 27, 2024, focusing on a significant acquisition plan by Alamos Gold. Under this plan, Alamos aims to acquire all outstanding Orford shares, offering a substantial premium to shareholders.

Additionally, the vote will cover the approval of a financial support measure, a non-convertible multi-draw credit facility, should the acquisition not finalize by April 15, 2024. This financial measure ensures Orford’s operational continuity.

Board Recommendations and Shareholder Benefits

Orford’s Board, with an independent director’s abstention, recommends voting FOR both the acquisition arrangement and the financial agreement, highlighting the transactions’ potential to deliver remarkable shareholder value and secure financial support.

Fairness Opinion and Strategic Considerations

Detailed evaluations and fairness opinions have strongly supported the acquisition’s merits, emphasizing significant premiums for shareholders, strategic process fairness, and the advantageous future positioning through Alamos’s strong market standing.

For voting assistance or more information, shareholders may contact Computershare Investor Services. Orford’s strategic focus remains on exploring and advancing its significant assets in Northern Quebec, promising continued growth and strengthening its mining portfolio.

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