Core Viewpoint - Alamos Gold Inc. has entered into a binding agreement to sell its non-core Quartz Mountain Gold Project to Q-Gold Resources Ltd. for total consideration of up to $21 million and a 9.9% equity interest in Q-Gold, aligning with its strategy to monetize non-core assets while focusing on high-return growth projects [2][3]. Transaction Details - The transaction includes $2.85 million in cash and a 9.9% equity stake in Q-Gold upon closing [2]. - Alamos will receive $8.15 million in guaranteed payments, structured as follows: $3.15 million one year after closing, $2.5 million two years after, and $2.5 million three years after [6]. - Additionally, there are $10 million in milestone payments contingent on project developments, including $5 million upon completion of a feasibility study or construction decision, and another $5 million upon receiving key permits [6]. Strategic Rationale - The sale of Quartz Mountain is part of Alamos's strategy to focus on developing high-return growth projects, such as the Phase 3+ Expansion at Island Gold and the Lynn Lake project [3]. - The company expresses confidence in Q-Gold's ability to advance the Quartz Mountain project, indicating a positive outlook for future collaboration as a significant shareholder [3]. Company Overview - Alamos Gold Inc. is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America, including the Island Gold District and the Young-Davidson mine in Canada, and the Mulatos District in Mexico [5]. - The company has a significant portfolio of development-stage projects and employs over 2,400 people, committed to sustainable development practices [5].