Alamos Gold Named Top Performer by Toronto Stock Exchange and Listed in TSX30

All amounts are in US dollars unless otherwise indicated.

TORONTO, Sept. 10, 2024 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that it has been named a 2024 TSX30 winner by the Toronto Stock Exchange (“TSX”). The annual ranking recognizes the 30 best performing stocks based on dividend-adjusted share price performance over a three-year period. The Alamos share price has increased by 134% over the past three years.

“We are proud to receive this prestigious recognition, which demonstrates our focus on operating a sustainable business model that can support growing profits for all of our stakeholders over the long term,” said John A. McCluskey, president and CEO. “We have experienced significant growth over the past several years, setting a number of new operational and financial records. Given our strong outlook supported by rising gold production and falling costs, we expect this success story to continue into the future.”

“This year’s TSX30 reflects the leadership and innovation of Canadian companies that are driving the transformation to a cleaner energy future,” said Loui Anastasopoulos, CEO of the Toronto Stock Exchange. “These top performers are shaping the future of the Canadian economy and ensuring that our strengths in energy and mining are aligned with the emerging technology sector to keep Canada competitive globally.”

For more information on the TSX30 2024, visit www.tsx.com/tsx30.

About Alamos

Alamos is a Canadian intermediate gold producer with diversified production from three operations in North America. These include the Young-Davidson mine and Island Gold District in northern Ontario, Canada, and the Mulatos District in Sonora, Mexico. In addition, the company has a strong portfolio of development projects, including the Phase 3+ expansion at Island Gold and the Lynn Lake project in Manitoba, Canada. Alamos employs over 2,400 people and is committed to the highest standards of sustainability. The company’s shares are traded on the TSX and NYSE under the symbol “AGI.”

FOR MORE INFORMATION PLEASE CONTACT:

Scott K. Parsons
Senior Vice President, Corporate Development and Investor Relations
(416) 368-9932×5439

Khalid Elhaj
Vice President of Business Development and Investor Relations
(416) 368-9932×5427
[email protected]

The TSX and NYSE have not reviewed this press release and are not responsible for its accuracy or reliability.

Note Regarding Forward-Looking Statements

Certain statements and information contained in this press release, other than historical statements and information, constitute “forward-looking information” within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements are typically, but not always, identified by the use of forward-looking terminology such as “expect,” “outlook,” “will,” “may” or variations of such words, that certain actions, events or results “could,” “might” or “will” occur or be achieved. Forward-looking statements in this press release include information regarding operations, costs, gold production, returns to stakeholders and expectations regarding future results. Alamos cautions that forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by the Company at the time such statements are made, are inherently subject to significant business, economic, legal, political and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.