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Timmins Gold Proposes Changing Name To Alio Gold

Kitco News

Timmins Gold Corp. (TSX: TMM, NYSE MKT: TGD) has proposed changing its name to Alio Gold Inc. at the May 22 annual general meeting of shareholders. If approved, officials say the company expects to begin trading on both the Toronto Stock Exchange and the NYSE MKT under the ticker ALO starting May 16. “The word Alio in Latin means ‘to go in a different direction’ and is reflective of the important operational and management changes that have been made in 2017,” says Greg McCunn, chief executive officer. “The portfolio of assets we have will form the platform for the growth of Alio Gold into a mid-tier gold producer over the next several years. In the near term, there are a number of exciting catalysts for Alio Gold, including a prefeasibility study for our high-grade, high-margin Ana Paula Project and the plan for revitalizing our San Francisco Mine.”

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