Alio Gold Re-Aligns Capability to Focus on Mine Operations
ALIO GOLD CORP (ALO)
Last alio gold corp earnings: 8/10 07:00 am
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US:NYSE Investor Relations:
aliogold.com/investors
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Source: PR Newswire
VANCOUVER, Aug. 20, 2018 /PRNewswire/ - Alio Gold Inc (TSX, NYSE AMERICAN: ALO) ("Alio Gold" or the "Company"), or the "Company"), today reports changes aimed at aligning capability to focus on its operating mines and reduce overhead costs. Recently, the Company announced the temporary suspension of exploration and development work at its Ana Paula project and a commitment to focus its efforts and capital allocation on its two operating mines, San Francisco and Florida Canyon. The Company is aligning its capability to support these efforts. As a result, Paul Hosford, Vice President of Project Development, and the Project Manager, Terry Murphy, will be leaving the Company on August 31, 2018. The Company has also taken steps to reduce costs at the Ana Paula project site in Mexico while maintaining a level of local employment and community engagement."We would like to thank Paul and his development team for their efforts in advancing Ana Paula," said Greg McCunn, Chief Executive Offi
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