Allied Gold Corp (AAUC) Form 6-K — Aug 10, 2026
Allied Gold Corporation has closed a C$416.64 million strategic investment from Zijin Gold International via a non-brokered private placement of 12,800,000 common shares at C$32.55 per share. With closing, Zijin Gold now holds approximately 9.2% of Allied's issued and outstanding shares and obtained customary participation and top-up rights to maintain its pro rata ownership until its stake falls below 5% on a non-diluted basis. The new shares are subject to a four-month-and-one-day hold period ending December 11, 2026, and Allied's Chairman and CEO plus its Vice Chairman voluntarily entered matching lock-up agreements.
Key figures
- Gross Proceeds
- C$416,640,000
- Offering Price
- C$32.55
- Shares Offered
- 12800000
- Hold Period Expiry
- December 11, 2026
- Placement Structure
- non-brokered private placement
- Top Up Rights Threshold
- rights persist until Zijin Gold falls below 5% on a non-diluted basis
- Strategic Investor Stake Post Closing
- approximately 9.2%
AI analysis
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