LATIN AMERICA — Merger proposed for Alamos, Big Sky Res.

The management of Alamos Minerals (AAS-V) and Big Sky Resources (BKY-V) have proposed a merger.

The plan of arrangement calls for Alamos to acquire all the outstanding shares of Big Sky, with the latter’s shareholders receiving one share of Alamos for every two shares held.

The proposed merger is subject to several conditions, including: the completion of due diligence reviews satisfactory to each company; the approval of shareholders, regulators and the courts; receipt of fairness opinions; and the completion by Big Sky of a formal agreement with Newmont Mining (NEM-N) regarding the El Mozo property in Ecuador.

Alamos has about 14.9 million shares outstanding; Big Sky, 12.9 million. Shareholders meetings are scheduled for mid-June.