AuRico Metals Announces Adoption of Shareholder Rights Plan and Waives Restriction on Alamos Gold from Acquiring Shares

Toronto (ots/PRNewswire) -

AuRico Metals Inc. ,("AuRico Metals" or the "Company") today
announced that its Board of Directors has approved the adoption of a
Shareholder Rights Plan (the "Rights Plan"), effective Wednesday,
August 5, 2015 (the "Effective Date").

The purpose of the Rights Plan is to protect shareholders from
coercive take-over strategies and to give the Board of Directors
adequate time to identify, develop and negotiate alternative
strategies in response to any unsolicited take-over bid made for
AuRico Metals' common shares without undue pressure. The Rights Plan
is intended to prevent the acquisition of more than 20% of the
outstanding common shares of AuRico Metals or the entering into of
arrangements or relationships that have a similar effect, without the
Board of Directors having had the opportunity to review, evaluate
and, if appropriate, pursue other alternatives to maximize
shareholder value.

Under the terms of the Shareholder Rights Plan, one right has been
issued with respect to each common share of AuRico Metals issued and
outstanding as of the Effective Date and one right will also be
issued with respect to each common share subsequently issued. The
Rights Plan is similar to other plans adopted by many Canadian mining
companies.

The Shareholder Rights Plan was not adopted in response to any
specific proposal or intention to acquire control of AuRico Metals
and is not intended to block take-over bids. The Toronto Stock
Exchange has accepted notice for filing of the Rights Plan subject to
the Rights Plan being ratified by shareholders within six months of
the Effective Date.

In connection with the implementation of the Shareholder Rights
Plan, AuRico Metals has agreed with Alamos Gold ("Alamos") to waive
the restriction on Alamos from acquiring more than 5% of AuRico
Metals' shares.

A complete copy of the Shareholder Rights Plan will be available
on SEDAR at http://www.sedar.com.

About AuRico Metals

AuRico Metals is a mining royalty and development company whose
cornerstone assets include a 1.5% NSR on the Young-Davidson Gold
Mine, located in Ontario, Canada, a 2% NSR on the Fosterville Mine,
located in Victoria, Australia, and 100% ownership of the advanced
Kemess gold-copper Project in British Columbia, Canada. AuRico
Metals' goal is to deliver sustained value creation for the company's
many stakeholders. AuRico Metals' head office is located in Toronto,
Ontario, Canada.

Cautionary Statement

This press release contains forward-looking statements and
forward-looking information as defined under Canadian and U.S.
securities laws. All statements, other than statements of historical
fact, are forward-looking statements. The words "expect", "believe",
"anticipate", "will", "intend", "estimate", "forecast", "budget" and
similar expressions identify forward-looking statements.
Forward-looking statements include information as to strategy, plans
or future financial or operating performance, such as the Company's
development plans, project timelines, operating plans, projected cash
flows or capital expenditures, cost estimates, projected exploration
results, reserve and resource estimates and other statements that
express management's expectations or estimates of future performance,
including results of shareholder meetings. Forward-looking statements
are necessarily based upon a number of factors and assumptions that,
while considered reasonable by management, are inherently subject to
significant uncertainties and contingencies. Known and unknown
factors could cause actual results to differ materially from those
projected in the forward-looking statements, including: uncertainty
of production and cost estimates; fluctuations in the prices of gold,
copper, and foreign exchange rates; the uncertainty of resources
ultimately being converted to reserves and the possible
recalculation or reduction of reserves and resources; the risk that
financing for the construction of Kemess Underground is not
available; the risk that potential future mining operations at Kemess
do not meet expectations; the risk that projects will not be
developed according to budgets or timelines, changes in laws in
Canada and other jurisdictions in which the Company may carry on
business; risks of obtaining necessary licenses, permits or approvals
for Kemess; disputes over title to properties; the speculative nature
of mineral exploration and development; compliance risks with respect
to current and future environmental regulations;opportunities that
may be pursued by the Company; employee relations; availability and
costs of mining inputs and labor; the ability to secure capital to
execute business plans; volatility of the Company's share price; the
effect of future financings; litigation; risk of loss due to sabotage
and civil disturbances; the values of assets and liabilities based on
projected future cash flows; risks arising from derivative
instruments or the absence of hedging; adequacy of internal control
over financial reporting; changes in credit rating; and the impact of
inflation. Actual results and developments are likely to differ, and
may differ materially, from those expressed or implied by the
forward-looking statements contained herein. Such statements are
based on a number of assumptions which may prove to be incorrect,
including assumptions about: business and economic conditions;
commodity prices and the price of key inputs such as labour, fuel and
electricity; credit market conditions and conditions in financial
markets generally; revenue and cash flow estimates, production
levels, development schedules and the associated costs; ability to
procure equipment and supplies and ability to do so on a timely
basis; the timing of the receipt of permits and other approvals for
projects and operations; the ability to attract and retain skilled
employees and contractors for the operations; the accuracy of reserve
and resource estimates; the impact of changes in currency exchange
rates on costs and results; interest rates; taxation; and ongoing
relations with employees and business partners. The Company disclaims
any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise, except as required by applicable law.

Chris Richter, President and Chief Executive Officer, AuRico
Metals Inc., +1-416-216-2780, chris.richter@auricometals.ca; Robert
Chausse, Chief Financial Officer, AuRico Metals Inc.,
+1-416-216-2780, robert.chausse@auricometals.ca

ots Originaltext: AuRico Metals
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