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Last $0.15 USD
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VGMTF On Other Exchanges
As of 4:30 PM 01/20/15 All times are local (Market data is delayed by at least 15 minutes).

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minera alamos inc (VGMTF) Details

Minera Alamos Inc. acquires, explores, and develops mineral properties in Mexico and the United States. It primarily holds a 100% interest in the Los Verdes/Potreritos, a molybdenum-copper property comprising 15 mining concessions with an area of approximately 7,038 hectares located in the State of Sonora, Mexico. The company was formerly known as Virgin Metals Inc. and changed its name to Minera Alamos Inc. in May 2014. Minera Alamos Inc. was incorporated in 1934 and is headquartered in Toronto, Canada.

minera alamos inc (VGMTF) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$110.0K
Chief Financial Officer
Total Annual Compensation: C$36.0K
Compensation as of Fiscal Year 2014.

minera alamos inc (VGMTF) Key Developments

Minera Alamos Inc. Initiates Drilling on Historic North Deposit

Minera Alamos Inc. reported that it has commenced drilling on the North Deposit of its 100% owned Los Verdes project in Sonora Mexico. The Company purchased the North Deposit (formerly Potreritos) in late 2011 from the General Mines Direction of Mexico in order to extend the mine life of the Los Verdes project. Los Verdes North Deposit: The North Deposit at Los Verdes is located approximately 8 km northeast of the South Deposit within the Municipality of Yecora, a region with a mining history that dates back to the Mexican Revolution. The local communities of Santa Ana and Santa Rosa have long mined tungsten, molybdenum and copper throughout the area. The 1,070-hectare Los Verdes North property contains two historic mines (Buenavista and La Providencia) which were in operation from 1960 through to the late 1970’s. Although there are no records available as to the amount of production during that time, the remnants of the flotation mill, with its tailings remain on site. During this operating period, supplemental feed material from the Los Verdes South Deposit was transported north to be processed at the same facility.

Minera Alamos Inc., Special/Extraordinary Shareholders Meeting, Aug 20, 2015

Minera Alamos Inc., Special/Extraordinary Shareholders Meeting, Aug 20, 2015., at 10:00 US Eastern Standard Time. Location: FCP Gallery, First Canadian Place (Adelaide Street entrance), 100 King Street West. Agenda: To receive the audited financial statements and the management discussion & analysis of the company for the financial year ended December 31, 2014; to elect directors of the company for the ensuing year; to reappoint MNP LLP as the auditors of the company for the ensuing year and to authorize the Board of Directors to fix their remuneration; to approve the continuation of the company's stock option plan; to approve all acts of the directors and officers of the company; and to transact such further or other business as may properly come before the Meeting or any adjournment or postponement thereof.

Minera Alamos Inc. Announces Increase in Private Placement; Announces Board Changes

Minera Alamos Inc. announced private placement from $2,800,000 to $3,200,000. The financing, lead by IBK Capital Inc., is scheduled to close early next week. The company is also announcing that Mr. Bruce Durham, P.Geo has been appointed as a member of its Board of Directors and the Chair of its Audit Committee. In addition, Mr. Darren Koningen, also a Director, has been appointed as President. Chris Frostad will remain as Director and Chief Executive Officer of Minera Alamos.


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