How much of the $500 M shelf capacity has already been utilized, and what is the remaining available amount?
Answer
The news release does not give any details about how much of the $500 million shelf capacity Alamos Gold has already issued (or “utilized”) under the newly‑filed Base Shelf Prospectus.
- Shelf capacity authorized: US $500 million (or the equivalent in other currencies) of Class A common shares, debt securities, warrants and subscription receipts.
- Utilization disclosed in the announcement: None. The filing simply announces that the prospectus qualifies the company to issue up to that amount, but it does not state that any portion of the $500 M has been issued to date.
Consequently, based on the information provided:
| Item | Amount (US$) |
|---|---|
| Total shelf capacity authorized | $500,000,000 |
| Amount already utilized (as per the release) | $0 (no utilization disclosed) |
| Remaining amount available for future issuance | $500,000,000 |
Key point: Because the press release does not mention any prior issuances under this prospectus, the only safe conclusion is that the utilization amount is unknown from the provided data. If we assume that nothing has been issued yet (the most straightforward interpretation of the announcement), the full $500 M remains available for future offerings.
If Alamos Gold later issues securities under this shelf, the company would typically disclose the amount issued in a subsequent filing or press release, which would then allow a precise calculation of the remaining capacity. Until such a disclosure is made, the remaining available amount is effectively the full $500 M authorized.