Alio Gold Inc.

11:24 AM EST - Alio Gold Inc. : Provided a project update and announce that the Company has received approval for its Change of Land Use application from SEMARNAT (Mexico’s Secretary of Environment and Natural Resources) for its high grade, high margin Ana Paula Project located in Guerrero, Mexico. Key Highlights: Permitting milestone achieved with approval of Change of Land Use application; Financing proposals received indicate Project highly financeable; Advancing the definitive feasibility study towards completion with an investment decision expected in the second quarter of 2018. Alio Gold Inc. shares (T.ALO) are trading down $0.03 at $5.79.