Allied Nevada Completes $283.5M Cross-border Public Offering

On June 3, 2010, Allied Nevada Gold Corp. completed its previously announced cross-border public offering of common stock. In connection with the closing, a total of 13,500,000 shares of common stock were sold in the offering, including 500,000 shares of common stock pursuant to the over-allotment option, at a price of $21.00 per share for aggregate proceeds of $283,500,000.

Cormark Securities Inc. and GMP Securities L.P. were co-lead underwriters of a syndicate of underwriters that included Canaccord Genuity Corp., Dundee Securities Corporation, Desjardins Securities Inc., National Bank Financial Inc. and Dahlman Rose & Company, LLC. The offering was made in the United States and Canada only by means of written prospectuses.

Cassels Brock & Blackwell LLP acted for Allied Nevada with a team that included Cameron Mingay, André Boivin and Eva Bellissimo (securities and mining) and Angela Chu (securities). Dorsey & Whitney LLP acted as US counsel to Allied Nevada with a team that included Randal Jones, Lisa Luebeck and Amanda Rose (corporate).

Wildeboer Dellelce LLP acted for the underwriters with a team that included Derek Sigel and Irene Kim (corporate/securities) and Andrea Shreeram (tax). Skadden, Arps, Slate, Meagher & Flom LLP acted as US counsel to the underwriters with a team that included Riccardo Leofanti, Ryan Dzierniejko and Terence Trinh (corporate).

Lawyer(s)

Cameron A. Mingay Riccardo Leofanti Angela Chu Eva Bellissimo Andrea Shreeram Derek M. Sigel Irene Kim André Boivin

Firm(s)

Cassels Brock & Blackwell LLP Dorsey & Whitney LLP Wildeboer Dellelce LLP Skadden, Arps, Slate, Meagher & Flom LLP