ALLIED GOLD PROVIDES UPDATE ON TRANSACTIONS WITH AMBROSIA INVESTMENT HOLDING AND NYSE LISTING
Allied Gold (TSX: AAUC, OTCQX: AAUCF) has announced it will not proceed with the previously announced private placement with Ambrosia Investment Holding, as certain conditions were not met. The company opted not to extend the $3.40 price protection period, citing increased gold prices, improved share price, and enhanced business outlook.
Ambrosia remains interested in continuing discussions for a joint venture and long-term power supply arrangement for the Sadiola mine in Mali, independent of the private placement. The company's first phase expansion at Sadiola is progressing on budget and schedule for completion later this year, with a second phase planned afterward.
Additionally, Allied has been cleared by the NYSE to file its formal listing application, with expectations to list under the ticker 'AAUC' by early Q3 2025. The NYSE listing aims to provide broader investor access, increased capital sources, improved trading liquidity, and enhanced U.S. research coverage.
Allied Gold (TSX: AAUC, OTCQX: AAUCF) ha annunciato che non procederà con il collocamento privato precedentemente annunciato con Ambrosia Investment Holding, poiché non sono state soddisfatte alcune condizioni. L'azienda ha scelto di non estendere il periodo di protezione del prezzo di $3,40, citando l'aumento dei prezzi dell'oro, il miglioramento del prezzo delle azioni e le prospettive aziendali ottimistiche.
Ambrosia rimane interessata a proseguire le discussioni per una joint venture e un accordo di fornitura energetica a lungo termine per la miniera di Sadiola in Mali, indipendentemente dal collocamento privato. La prima fase di espansione di Sadiola sta procedendo secondo il budget e il programma per il completamento entro la fine di quest'anno, con una seconda fase pianificata successivamente.
Inoltre, Allied ha ricevuto l'approvazione dalla NYSE per presentare la sua domanda di quotazione formale, con aspettative di quotazione sotto il ticker 'AAUC' entro l'inizio del terzo trimestre del 2025. La quotazione alla NYSE mira a fornire un accesso più ampio agli investitori, aumentare le fonti di capitale, migliorare la liquidità del trading e potenziare la copertura della ricerca negli Stati Uniti.
Allied Gold (TSX: AAUC, OTCQX: AAUCF) ha anunciado que no procederá con la colocación privada previamente anunciada con Ambrosia Investment Holding, ya que no se cumplieron ciertas condiciones. La empresa optó por no extender el período de protección de precio de $3.40, citando el aumento de los precios del oro, la mejora en el precio de las acciones y un panorama empresarial más optimista.
Ambrosia sigue interesada en continuar las discusiones para una empresa conjunta y un acuerdo de suministro de energía a largo plazo para la mina de Sadiola en Malí, de manera independiente a la colocación privada. La primera fase de expansión en Sadiola está avanzando dentro del presupuesto y el cronograma para completarse a finales de este año, con una segunda fase planeada posteriormente.
Además, Allied ha sido autorizada por la NYSE para presentar su solicitud de cotización formal, con expectativas de cotizar bajo el ticker 'AAUC' a principios del tercer trimestre de 2025. La cotización en la NYSE tiene como objetivo proporcionar un acceso más amplio a los inversores, aumentar las fuentes de capital, mejorar la liquidez de negociación y potenciar la cobertura de investigación en EE. UU.
Allied Gold (TSX: AAUC, OTCQX: AAUCF)는 Ambrosia Investment Holding과의 이전에 발표된 사모 배급을 진행하지 않겠다고 발표했습니다. 이는 특정 조건이 충족되지 않았기 때문입니다. 회사는 금 가격 상승, 주가 개선 및 비즈니스 전망 향상을 이유로 $3.40 가격 보호 기간을 연장하지 않기로 결정했습니다.
Ambrosia는 사모 배급과는 독립적으로 말리의 사디오라 광산에 대한 합작 투자 및 장기 전력 공급 계약 논의를 계속할 의사를 보이고 있습니다. 사디오라의 1단계 확장은 예산과 일정에 맞춰 진행되고 있으며, 올해 말 완공될 예정이며, 이후 2단계가 계획되어 있습니다.
또한, Allied는 NYSE로부터 공식 상장 신청서를 제출할 수 있는 승인을 받았으며, 2025년 3분기 초까지 'AAUC'라는 티커로 상장될 것으로 예상하고 있습니다. NYSE 상장은 더 넓은 투자자 접근, 자본 출처 증가, 거래 유동성 개선 및 미국 연구 보도의 향상을 목표로 하고 있습니다.
Allied Gold (TSX: AAUC, OTCQX: AAUCF) a annoncé qu'elle ne procéderait pas à l'émission privée précédemment annoncée avec Ambrosia Investment Holding, car certaines conditions n'ont pas été remplies. L'entreprise a choisi de ne pas prolonger la période de protection du prix de 3,40 $, invoquant l'augmentation des prix de l'or, l'amélioration du prix des actions et des perspectives commerciales optimistes.
Ambrosia reste intéressée à poursuivre les discussions pour un partenariat et un accord d'approvisionnement énergétique à long terme pour la mine de Sadiola au Mali, indépendamment de l'émission privée. La première phase d'expansion à Sadiola progresse dans le respect du budget et du calendrier pour une finalisation prévue plus tard cette année, avec une deuxième phase prévue par la suite.
De plus, Allied a été autorisée par la NYSE à déposer sa demande de cotation formelle, avec des attentes de cotation sous le ticker 'AAUC' d'ici le début du troisième trimestre 2025. La cotation à la NYSE vise à offrir un accès plus large aux investisseurs, à augmenter les sources de capital, à améliorer la liquidité de négociation et à renforcer la couverture de recherche aux États-Unis.
Allied Gold (TSX: AAUC, OTCQX: AAUCF) hat angekündigt, dass sie nicht mit der zuvor angekündigten Privatplatzierung mit Ambrosia Investment Holding fortfahren wird, da bestimmte Bedingungen nicht erfüllt wurden. Das Unternehmen entschied sich, den Preisgarantiezeitraum von $3,40 nicht zu verlängern, und verwies auf gestiegene Goldpreise, verbesserte Aktienkurse und eine optimierte Geschäftsperspektive.
Ambrosia bleibt weiterhin an Gesprächen über ein Joint Venture und eine langfristige Energieversorgung für die Sadiola Mine in Mali interessiert, unabhängig von der Privatplatzierung. Die erste Phase der Erweiterung in Sadiola verläuft im Budget- und Zeitrahmen und soll später in diesem Jahr abgeschlossen werden, gefolgt von einer zweiten Phase.
Darüber hinaus wurde Allied von der NYSE genehmigt, ihren formellen Antrags auf Listung einzureichen, mit der Erwartung, bis Anfang des dritten Quartals 2025 unter dem Ticker 'AAUC' gelistet zu werden. Die NYSE-Notierung zielt darauf ab, einen breiteren Zugang für Investoren zu bieten, die Kapitalquellen zu erhöhen, die Handelsliquidität zu verbessern und die US-Forschung abzudecken.
- First phase of Sadiola mine expansion progressing on budget and on schedule
- Cleared to file NYSE listing application with potential listing by Q3 2025
- Company's improved business outlook and share price performance
- Potential joint venture and power supply arrangement with Ambrosia still viable
- Cancellation of private placement with Ambrosia Investment Holding
- NYSE listing approval not guaranteed
Ambrosia has indicated a willingness to continue advanced discussions relating to a joint venture and long-term power supply arrangement for the Sadiola mine in
NYSE Listing
As previously disclosed (see March 26, 2025 press release), Allied is pursuing a listing on the New York Stock Exchange ("NYSE") and has reserved the ticker symbol "AAUC" in connection with the proposed listing. The Company is pleased to provide the update that it has now been cleared by the NYSE to file its formal listing application. The Company is advancing its listing application and expects to be listed on the NYSE by the beginning of the third quarter of 2025; however, there can be no assurance that it will receive listing approval from the NYSE to complete such listing. Allied believes that listing on the NYSE will provide the Company with, among other things, access to a broader investor audience, increased sources of potential capital, improved trading liquidity in Allied's common shares, and increased research coverage from
About Allied Gold Corporation
Allied Gold is a Canadian-based gold producer with a significant growth profile and mineral endowment. It operates a portfolio of three producing assets and development projects located in Côte d'Ivoire,
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION AND STATEMENTS
This press release contains "forward-looking information" under applicable Canadian securities legislation. Except for statements of historical fact relating to the Company, information contained herein constitutes forward-looking information, including, but not limited to, the Company's expectation that the significant increase in gold price and share price, evolution and impacts in trading liquidity and eligibility for index inclusion and meaningful improvements in its business plan and outlook will support a higher share price than contemplated by the private placement with Ambrosia, information as to the Company ongoing discussions regarding a joint venture and long-term power supply arrangement relating to the Sadiola mine in
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SOURCE Allied Gold Corporation
FAQ
Why did Allied Gold (AAUCF) cancel its private placement with Ambrosia Investment Holding?
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Will Ambrosia still partner with Allied Gold (AAUCF) for the Sadiola mine operations?
