Alamos Gold Announces Renewal of Normal Course Issuer Bid

Alamos Gold Inc. announced the renewal of its Normal Course Issuer Bid, allowing the company to repurchase up to 18,580,120 Class A Common Shares, representing 5% of its public float. The bid will commence on December 24, 2025, and conclude on December 23, 2026. Purchases will be made through the facilities of the Toronto Stock Exchange (TSX) and/or the New York Stock Exchange at prevailing market prices. The company believes its shares are undervalued and that repurchases will increase the proportionate ownership for remaining shareholders. Under its previous bid, Alamos purchased and cancelled 1,326,929 shares for C$54.4 million. Alamos, an intermediate gold producer with operations in North America, also highlighted its growth projects and commitment to sustainable development. The company is undertaking this bid as it believes its stock price does not reflect its underlying value.