AuRico Metals Closes Equity Financing and Private Placement with Alamos Gold

Toronto (ots/PRNewswire) -

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN
THE UNITED STATES/

AuRico Metals Inc. (TSX: AMI),("AuRico" or the "Company")
announces that it has closed its previously announced bought deal
offering of 11,500,000 common shares at a price of C$1.00 per common
share, which includes 1,500,000 common shares issued pursuant to the
exercise in full of the over-allotment option (the "Offering").

The shares were purchased on a bought deal basis by a syndicate of
underwriters (the "Underwriters") co-led by National Bank Financial
Inc. and Macquarie Capital Markets Canada Ltd., and included Mackie
Research Capital Corporation, Canaccord Genuity Corp., Dundee
Securities Ltd., and Paradigm Capital Inc.

In addition, Alamos Gold Inc. exercised its participation right to
maintain its pro rata interest in full pursuant to a concurrent
private placement undertaken in connection with the Offering for
1,272,611 common shares. As a result, combined gross proceeds raised
by the Company totaled C$12,772,611.

The net proceeds from the Offering will be used to fund the
potential acquisition of additional royalties, the advancement of
permitting activities and detailed engineering at the Kemess
Underground project, as well as for working capital and general
corporate purposes.

The securities offered have not been registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in
the United States absent registration or any applicable exemption
from the registration requirements. This press release does not
constitute an offer to sell or the solicitation of an offer to buy
nor will there be any sale of the securities in any state in which
such offer, solicitation or sale would be unlawful.

About AuRico Metals

AuRico Metals is a mining royalty and development company whose
producing gold royalty assets include a 1.5% NSR royalty on the
Young-Davidson Gold Mine, a 0.25% NSR royalty on the Williams Mine at
Hemlo, and a 0.5% NSR royalty on the Eagle River Mine - all located
in Ontario, Canada. AuRico Metals also has a 2% NSR royalty on the
Fosterville Mine and a 1% NSR royalty on the Stawell Mine, located in
Victoria, Australia. Aside from its diversified royalty portfolio,
AuRico owns (100%) the advanced Kemess Gold-Copper Project in British
Columbia, Canada. AuRico Metals' head office is located in Toronto,
Ontario, Canada.

Cautionary Statement

This news release contains "forward-looking
information" which may include, but is not limited to, statements
with respect to the future financial or operating performance of the
Company and its projects, as well as the use of proceeds from the
Offering. Often, but not always, forward-looking statements can be
identified by the use of words such as "plans", "expects", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates", or "believes" or variations (including
negative variations) of such words and phrases, or state that certain
actions, events or results "may", "could", "would", "might" or "will"
be taken, occur or be achieved. Forward-looking statements involve
known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of the Company
to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements.
Forward-looking statements contained herein are made as of the date
of this press release and the Company disclaims any obligation to
update any forward-looking statements, whether as a result of new
information, future events or results or otherwise. There can be no
assurance that forward-looking statements will prove to be accurate,
as actual results and future events could differ materially from
those anticipated in such statements. The Company undertakes no
obligation to update forward-looking statements if circumstances,
management's estimates or opinions should change, except as required
by securities legislation. Accordingly, the reader is cautioned not
to place undue reliance on forward-looking statements. The Company
believes that, in addition to conventional measures prepared in
accordance with IFRS, certain investors use this information to
evaluate the Company's performance and ability to generate cash flow.

please visit the AuRico Metals website at
http://www.auricometals.ca or contact: Chris Richter, President and
Chief Executive Officer, AuRico Metals Inc., +1-416-216-2780,
chris.richter@auricometals.ca; David Flahr, Vice President, Finance,
AuRico Metals Inc., +1-416-216-2780, david.flahr@auricometals.ca

ots Originaltext: AuRico Metals Inc.
Im Internet recherchierbar: http://www.presseportal.de