Allied Nevada Announces Closing of Previously Announced Public Offering of Common Stock and Warrants

RENO, NEVADA--(Marketwired - Dec. 12, 2014) - Allied Nevada Gold Corp. ("Allied Nevada", "us", "we", "our" or the "Company") (TSX:ANV)(NYSE MKT:ANV) today announced that it has closed the previously announced public offering (the "Offering") of shares of common stock and warrants, and issued 21,750,000 shares and 10,875,000 warrants for gross proceeds of US$21,750,000. In connection with the purchase, investors received one share of our common stock and one half warrant to purchase our common stock for a price of US$1.00. Each whole warrant entitles the holder thereof to purchase one share of our common stock at an exercise price of US$1.10 for a period of five years from the...