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AuRico Gold To Sell The Ocampo Mine And Enters Into A Joint Venture Agreement On The Orion Project For $750 Million In Cash

Credit Suisse Securities ( Canada), Inc. is retained by AuRico Gold to act as its financial advisor and has provided a fairness opinion to AuRico's Board of Directors. Credit Suisse Securities ( Canada), Inc. has provided an opinion that, based upon and subject to the assumptions, limitations, and qualifications stated in such opinion, the consideration to be received by the Company pursuant to the Transaction is fair from a financial point of view to the Company.

BMO Capital Markets and CIBC World Markets Inc. are acting as financial advisors to the Special Committee of AuRico's Board of Directors. BMO Capital Markets and CIBC World Markets Inc. have each provided an opinion to the effect that, as of the date of such opinion and subject to the assumptions, limitations and qualifications contained in such opinion, the consideration to be received by the Company pursuant to the Transaction is fair, from a financial point of view, to the Company.

Fasken Martineau LLP is acting as legal counsel to AuRico and Davies Ward Phillips & Vineberg LLP is acting as legal counsel to the Special Committee of AuRico's Board of Directors.

AuRico Conference Call and Webcast:

AuRico will hold a conference call and webcast on Wednesday, October 10, 2012 starting at 10:00 a.m. Eastern Time.

Conference Call Access:

Canada & U.S. Toll Free: +1-888-231-8191 International & Toronto: +1-647-427-7450

Conference Call Webcast:

The conference call event will be broadcast live on the internet via webcast. To access the webcast please follow the link provided below:

http://www.newswire.ca/en/webcast/detail/1041071/1130903

Archive Call Access: If you are unable to attend the conference call, a replay will be available until midnight, October 24, 2012 by dialing the appropriate number below:

Local Toronto Participants: 1-416-849-0833       Passcode: #34757319 North America Toll Free: 1-855-859-2056       Passcode: #34757319

Archive Webcast:

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