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-0.0165289256198347 -0.0165289256198347 -0.00826446280991736 -0.00826446280991736 -0.00826446280991736 -0.00826446280991736 -0.0165289256198347 -0.111570247933884
Stock impact report

Alio Gold and Rye Patch Gold Announce Business Combination

ALIO GOLD CORP (ALO) 
Last alio gold corp earnings: 8/10 07:00 am Check Earnings Report
US:NYSE Investor Relations: aliogold.com/investors
Company Research Source: GlobeNewswire
VANCOUVER, British Columbia, March 19, 2018 (GLOBE NEWSWIRE) -- Alio Gold Inc (TSX:ALO) (NYSE AMERICAN:ALO) (“Alio Gold” or the “Company”) and Rye Patch Gold Corp. (TSX-V:RPM) (OTCQX:RPMGF) (FWB:5TN) (“Rye Patch”) are pleased to announce they have entered into an agreement whereby Alio Gold will acquire, through a plan of arrangement (the “Arrangement”) all of the outstanding shares of Rye Patch.  Alio Gold will host a conference call at 11:00am EDT (Toronto) time today to discuss the transaction and the details of the call can be found at the end of the release.  Management from both Alio Gold and Rye Patch will participate in the conference call.  Under the Arrangement, each common share of Rye Patch will be exchanged for 0.48 common shares of Alio Gold.  The offer implies a value of C$1.57 per Rye Patch share, a 35% premium to Rye Patch shareholders, based on the 20-day volume weighted average trading price of Alio Gold shares on the TSX and Rye Patch shares on the TSX.V for the Show less Read more
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