Alamos Consolidates Ownership of Lynn Lake Project With Acquisition of Carlisle Goldfields

Alamos Gold Inc. and Carlisle Goldfields Limited are pleased to announce that they have entered into a definitive agreement pursuant to an offer made by Alamos to acquire all issued and outstanding shares of Carlisle by way of a court-approved plan of arrangement . Under terms of the Agreement, Carlisle shareholders will receive: 0.0942 of an Alamos common share for each Carlisle common share held, plus 0.0942 of a warrant to purchase Alamos common shares at an exercise price of C$10.00 with an expiration date of three years from closing.