Established 1835
RESOURCE STOCKS
✕
PRECIOUS METALS

Alio's costly cash-up

Alio Gold (CN:ALO) has taken a big step towards financing its flagship Ana Paula project in Guerrero, Mexico, though the company’s planned C$50 million equity offer comes at an ugly discount and could weigh on the shares for some time.

Cameron French
Wrong direction: Alio Gold shares head south on discounted equity raise

Wrong direction: Alio Gold shares head south on discounted equity raise

Alio, which changed its name from Timmins Gold earlier this year, launched the bought deal to close the gap on the US$137 million its needs to build Ana Paula, a gold-silver project expected to produce...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
PARTNER CONTENT

Macquarie Arc: Elephants hiding in plain sight

PARTNER CONTENT

BHP builds 'beautiful' Xplor community

MOST POPULAR
1
EXPLORERS

'Copper grades can't get much higher': White Cliff

2
NORTH AMERICA

Mexico open pit fuss to die down as Sheinbaum sworn in

3
PRECIOUS METALS

Mubadala converts, sells Equinox shares

4
MINERS

Coeur to buy SilverCrest for US$1.7B

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login