Richmont Mines announces that it has acquired 40,348,203 common shares of Monarques Gold, representing approximately 19.9% of the outstanding Common Shares. Prior to such acquisition, the Corporation did not own any Common Shares of Monarques. On October 2, 2017, Richmont acquired 34,633,203 Common Shares of Monarques as consideration for the sale of certain assets of Richmont to Monarques (the "Transaction"). In
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