Alio Gold Signs $15M Financing Package for Florida Canyon
(WorldNews Canada)

VANCOUVER, British Columbia, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Alio Gold Inc. (TSX, NYSE AMERICAN: ALO) (`Alio Gold` or the `Company`) today announces that it has signed and closed a three-year, $15 million loan facility (the `Facility`) with Sprott Private Resource Lending II (Collector), LP (`Sprott`) to fund construction of the new Phase II leach pad at Florida Canyon. `This represents another positive step towards achieving our plan for Florida Canyon,` said Mark Backens, President and CEO of Alio Gold. `Construction of the Phase II leach pad is already underway, and this funding will help us toward our goal of completing construction in Q2 2020 to take maximum advantage of operational...