Aurizon Mines erects new defence against hostile takeover by Alamos Gold
VANCOUVER – The board of Aurizon Mines Ltd. (TSX:ARZ) has adopted a new shareholder rights plan, saying it’s responding to comments last week by Alamos Gold Inc. (TSX:AGI). Alamos already owns 16 per cent of Aurizon wants to acquire control of the company but Aurizon’s board is supporting a rival takeover offer from Hecla Mining Co. Aurizon’s board said Monday that its new rights plan will ensure all shareholders are treated equally.
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