Alamos Gold Inc.
TSX : AGI

Alamos Gold Inc.

October 22, 2007 14:57 ET

Alamos Gold Inc. Appoints Mr. Eduardo Luna to the Board of Directors and Provides Notice of Release of Third Quarter 2007 Financial Results and Conference Call

TORONTO, ONTARIO--(Marketwire - Oct. 22, 2007) - Alamos Gold Inc. (TSX:AGI) ("Alamos" or the "Company") announces that Mr. Eduardo Luna has been appointed to the Board of Directors of the Company. Mr. Luna is Chairman of Silver Wheaton and has recently retired as President of Goldcorp's Mexican mining operations. Alamos' Board will be strengthened by Mr. Luna's extensive business experience and knowledge of the mining industry, predominantly in Mexico.

Mr. Luna holds a degree in Advanced Management from Harvard University, an MBA from the Instituto Tecnologico de Estudios Superiores de Monterrey and a Bachelor of Science in Mining Engineering from Universidad de Guanajuato.

Mr. Luna has seventeen years of experience as President of Luismin. In addition, he has held various executive positions with Minera Autlan for seven years and with Industrias Penoles for five years.

Mr. Luna is President of the Consulting Board for the School of Mines, Universidad de Guanajuato and member of the advisory Boards of the School of Mines of both Mexico University and Zacatecas University and serves on the Board of Directors of other mining companies. Mr. Luna has served as President of the Mexican Chamber of Mines on two occasions and as President of The Silver Institute from 2002-2003.

The Alamos' Board of Directors and management welcome Mr. Luna to the Company's Board. His recognized leadership in the Mexican mining industry will be a valuable asset to the Board and will assist in the development of management's corporate strategy.

In conjunction with this appointment the Company has granted a director's option for the purchase up to a total of 300,000 common shares in the capital of Alamos at a price of Cdn$7.00 per share. The options granted are exercisable for a five-year period.

Notice of Release of Third Quarter 2007 Financial Results and Conference Call

Alamos will release its third quarter 2007 results on Thursday, November 8th, after normal local trading hours.

The Company's senior management will host a conference call on Friday, November 9th 2007 at 11:00 a.m. EDT (8:00 a.m. PDT) to discuss financial results and provide an update of the Company's exploration and development activities.

Conference Call

Via Webcast:

A live audio webcast of the meeting will be available on the Company's website homepage at www.alamosgold.com.

Via Telephone:

For those preferring to listen by telephone, please dial 416-641-6121 or Toll Free 1-866-225-9256. To ensure your participation, please call approximately five minutes prior to the scheduled start of the call.

Instant Replay archive:

Please dial 416-695-5800 or the toll-free access number 1-800-408-3053, passcode 3240338 followed by the number sign.

The conference call will be replayed from Friday, November 9, 2007 at 1:00 p.m. EDT to Friday, November 23rd, 2007 11:59 p.m. EDT.

The webcast will be archived for 180 days on the website.

About Alamos

Alamos is a Canadian-based gold producer with operations, exploration and development activities in Mexico. The Company employs approximately 400 people in Mexico and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities. Alamos is fully leveraged to increases in gold prices. Alamos' common shares are traded on the Toronto Stock Exchange under the symbol "AGI" and convertible debentures under the symbol "AGI.DB".

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Alamos Gold Inc.
    John A. McCluskey
    President and Chief Executive Officer
    (416) 368-9932 x203
    or
    Alamos Gold Inc.
    Victoria Vargas
    Investor Relations
    (416) 368-9932 x201
    Website: www.alamosgold.com