BRIEF-Alio Gold Qtrly Basic Earnings Per Share $0.05

Gold Production in Mexico

Targeting 2013 annual production of 118,000 ounces of gold

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BRIEF-Alio Gold Qtrly Basic Earnings Per Share $0.05

posted on Aug 10, 2018 07:32AM

2018-08-10 07:22:37 AM ET (Reuters)

Aug 10 (Reuters) - Alio Gold Inc:

* ALIO GOLD REPORTS SECOND QUARTER 2018 RESULTS

* ALIO GOLD - IN QUARTER, PRODUCED 19,190 OUNCES OF GOLD AT ALL-IN SUSTAINING COST OF $1,314 PER OUNCE

* ALIO GOLD INC - SUSPENDED DEVELOPMENT WORK AT ANA PAULA PROJECT TEMPORARILY TO FOCUS CAPITAL EXPENDITURES ON OPERATING MINES

* ALIO GOLD INC - RESTRUCTURED DEBT FACILITY WITH MACQUARIE BANK

* ALIO GOLD - DUE TO CHANGES AT SAN FRANCISCO MINE CO WILL NOT MEET GUIDANCE FOR 2018 OF BETWEEN 90,000 AND 100,000 OUNCES OF GOLD PRODUCTION

* ALIO GOLD INC - AT SAN FRANCISCO MINE NEGOTIATING WITH MINING CONTRACTOR TO SLOW DOWN WASTE STRIPPING ON PHASES 6 AND 7, REDUCE MINING RATE

* ALIO GOLD - WITH WORK CONTINUING AT FLORIDA CANYON ON UPDATED MINE PLAN CO DO NOT EXPECT TO PROVIDE PRODUCTION, COST GUIDANCE FOR REMAINDER OF 2018

* ALIO GOLD INC - QTRLY BASIC EARNINGS PER SHARE $0.05

* ALIO GOLD INC - QTRLY METAL REVENUES DECREASED TO $26.2 M ILLION COMPARED TO $27.1 MILLION Source text for Eikon: Further company coverage:

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