Alamos Gold Helps to Create Inaugural Research Chair to Better Detect and Treat Gastrointestinal Cancers
20 September 2024 - 12:55PM
Alamos Gold Inc. (
TSX:AGI;
NYSE:AGI) (“Alamos” or the “Company”) is proud to announce
a significant contribution to The Princess Margaret Cancer
Foundation to create the new Alamos Gold Chair in Gastrointestinal
Surgical Oncology. The Company’s $2 million contribution over ten
years will support the new Chair in making a meaningful impact on
cancer research aimed at better understanding, diagnosing, and
treating gastrointestinal cancers.
Last month, Dr. Catherine O’Brien was named the
inaugural Alamos Gold Chair in Gastrointestinal Surgical Oncology
by Princess Margaret Cancer Centre at University Health Network,
University of Toronto. The appointment is for an initial five-year
term, effective August 1, 2024.
"This funding represents a significant step
forward in the research of gastrointestinal cancers," said
President & CEO John McCluskey. "By supporting advanced
research, the new Chair will aim to improve early detection,
develop more effective treatments, and ultimately save lives. This
investment will enable researchers to explore new avenues and make
breakthroughs that can transform the outlook for those affected by
these cancers."
Gastrointestinal cancers encompass a variety of
cancers affecting the digestive system. Specifically, this funding
will focus on cancers of the stomach, liver, pancreas, colorectal
region, esophagus, and small intestine. These cancers collectively
pose a significant health challenge, accounting for a substantial
proportion of cancer diagnoses in Canada.
According to recent statistics, gastrointestinal
cancers are diagnosed in over 30,000 Canadians each year.
Colorectal cancer alone accounts for approximately 26,000 of these
cases, making it one of the most commonly diagnosed cancers in the
country. Pancreatic cancer, known for its aggressive nature and low
survival rates, affects about 6,000 Canadians annually. Stomach,
liver, and esophageal cancers also contribute to the overall
burden, with thousands of new cases diagnosed each year.
The research initiatives supported by this
funding will include clinical trials, biomarker discovery, and
studies into the genetic and environmental factors contributing to
gastrointestinal cancers.
"We applaud Princess Margaret Cancer Centre for
making a meaningful impact to reduce the impact of cancer here in
Canada and internationally. This new Research Chair can advance the
understanding of gastrointestinal cancers and bring hope to
patients and their families," added McCluskey.
About Alamos
Alamos is a Canadian-based intermediate gold
producer with diversified production from three operations in North
America. This includes the Young-Davidson mine and Island Gold
District in northern Ontario, Canada, and the Mulatos District in
Sonora State, Mexico. Additionally, the Company has a strong
portfolio of growth projects, including the Phase 3+ Expansion at
Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos
employs more than 2,400 people and is committed to the highest
standards of sustainable development. The Company’s shares are
traded on the TSX and NYSE under the symbol “AGI”.
About The Princess Margaret Cancer
Foundation
The Princess Margaret Cancer Foundation
is Canada’s largest and leading cancer charity, dedicated to
raising funds for Princess Margaret Cancer Centre, one of the
world's top 5 cancer research centres known for its game-changing
scientific achievements and exceptional patient treatment and care.
Through philanthropy, events, our world-leading home lottery
program, and commercialization initiatives, we make possible the
critical funding required to accelerate cancer research, education,
and clinical care -- benefitting patients at Princess Margaret
Cancer Centre, throughout Canada and the world.
www.thepmcf.ca
FOR FURTHER INFORMATION, PLEASE CONTACT:
Scott K. ParsonsSenior Vice
President, Corporate Development & Investor Relations(416)
368-9932 x 5439
Khalid ElhajVice President,
Business Development & Investor Relations(416) 368-9932 x
5427ir@alamosgold.com
Kenzie BroddyDirector,
CommunicationsThe Princess Margaret Cancer
Foundation437.215.6961Kenzie.broddy@thepmcf.ca
The TSX and NYSE have not reviewed and do not
accept responsibility for the adequacy or accuracy of this
release.
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