Aurizon Mines Ltd. Responds to Unsolicited Offer
15.01.2013 | Marketwire
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/15/13 -- Aurizon Mines Ltd. ("Aurizon" or the "Company") (TSX: ARZ) (NYSE MKT: AZK) acknowledges the announcement made on January 14, 2013 by Alamos Gold Incorporated ("Alamos") of its commencement of an unsolicited bid ("the Alamos Offer") for all of the issued and outstanding shares of Aurizon that it currently does not own.The Company is in the process of reviewing and evaluating the Alamos Offer with its financial and legal advisors. The Company expects that a special committee of the Board of Directors of the Company will be appointed to assist the Board in fulfilling its legal and fiduciary duties in respect of the Alamos Offer and making every effort to maximize value for the benefit of Aurizon's shareholders and other stakeholders. The Company recommends that shareholders defer taking any action in respect of the Alamos Offer until the Board of Directors of the Company makes a recommendation as to the merits of the Alamos Offer. Shareholders will be promptly notified of any recommendation by the Board of Directors through a news release and circular in accordance with applicable securities laws.
About Aurizon
Aurizon is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec, one of the world's most favourable mining jurisdictions and prolific gold and base metal regions, and by increasing its asset base through accretive transactions. Aurizon shares trade on the Toronto Stock Exchange under the symbol "ARZ" and on the NYSE MKT under the symbol "AZK". Additional information on Aurizon and its properties is available on Aurizon's website at www.aurizon.com.
U.S. Registration (File 001-31893)
Contacts:
Aurizon Mines Ltd.
George Paspalas, President & CEO
604-687-6600
Aurizon Mines Ltd.
Ian S. Walton, Executive Vice-President & CFO
604-687-6600
Aurizon Mines Ltd.
Investor Relations
jennifer.north@aurizon.com
Aurizon Mines Ltd.
604-687-6600 or Toll Free: 1-800-411-GOLD (4653)
604-687-3932 (FAX)
info@aurizon.com
www.aurizon.com