TORONTO, Jan. 15, 2024 /CNW/ - Orford Mining Corporation (TSXV: ORM) ("Orford" or the "Company") is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which Alamos Gold Inc. (TSX: AGI) (NYSE: AGI) ("Alamos") has agreed to acquire all of the issued and outstanding common shares of Orford not already owned by Alamos (each, an "Orford Share") by way of a plan of arrangement, for deemed consideration of C$0.10 per Orford Share (the "Transaction"), representing a total equity transaction value (on a 100% basis) of approximately C$24 million on a fully diluted, in-the-money basis.
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