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AuRico Gold Inc. Provides Information Concerning Conversion Rights for Holders of the 3.50% Convertible Senior Notes due 2016

[PR Newswire] – TORONTO, May 18, 2015 /CNW/ – AuRico Gold Inc. (AUQ) (AUQ), As previously announced, AuRico Gold Inc. (“AuRico” or the “Company”) has entered into a definitive agreement with Alamos Gold Inc. (“Alamos”), to combine their respective companies (the “Merger”) by way of arrangement. Under the terms of the Merger, and subject to adjustment as provided in the Arrangement Agreement between the Company and Alamos (the “Arrangement Agreement”),

China April home prices fuel hopes of bottoming out, but long road to recovery

China’s new home prices fell for the eighth consecutive month in April from a year earlier but were flat from March, adding to hopes that a property downturn which is weighing heavily on the economy is beginning to bottom out. Average new home prices in China’s 70 major cities dropped 6.1 percent last month from a year ago, the same rate of decline as in March, according to Reuters calculations

Russian tycoon in custody after deportation from Cambodia

A Russian tycoon accused of embezzling tens of millions of dollars in a real estate scam was taken into custody in Moscow Sunday after being deported from Cambodia, officials said. Sergei Polonsky, who is in his 40s, was detained on an island off the southwestern town of Sihanoukville in Cambodia on Friday for overstaying his visa. Upon his arrival at Domodedovo airport in Moscow, Polonsky was immediately taken into custody.