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The firm expects to make use of such costs, which happen to be shielded from the international creditors, to fund the development of their tube away from progress projects and you will get rid of its loans. Alamos will get $470 million inside the cash for the offer, an esteem that was somewhat ahead of the consensus estimate away from $273 million and you will Tariq’s individual quotes from $19 million. According to the decided-up on payment structure, the firm will get $160 million at the end of Q4 2025, through to the deal’s closure. This is followed closely by costs away from $160 million and you may $150 million on the a couple of after that decades following offer closes.

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