Esperanza Res Corp  |  OTC Markets
ESPZF is defunct.
  • Jul. 12, 2013, 11:27 AM

    Alamos Gold (AGI -3.3%) agrees to acquire Esperanza Resources (ESPZF.PK) in a deal worth ~$69M. Esperanza's gold project in Mexico holds 1.5M oz. of gold, and is expected to produce more than 100K oz./year at cash costs below $900/oz. upon completion. CEO John McCluskey says the deal has the potential to grow AGI's Mexican production by more than 50%.

    Jul. 12, 2013, 11:27 AM | 3 Comments