UPDATE 1-Alamos says can't raise Aurizon offer on current information
* Offer of C$4.65 way below net asset value - Aurizon CEO
* Says other potential buyers have contacted Aurizon
* Alamos shares fall 4 percent; Aurizon down nearly 2 percent
Jan 24 (Reuters) - Alamos Gold Inc said it could not sweeten its C$4.65-per-share offer for Aurizon Mines Ltd as the fellow Canadian miner has not provided any new information to warrant a revision of the bid.
Aurizon, operator of the Casa Berardi gold mine in Quebec, on Wednesday advised shareholders to reject the C$780 million ($781.1 million) unsolicited bid, calling it inadequate and opportunistic.
"Research analysts' consensus opinion to the net asset value of the operating mine is C$600 million," Aurizon Chief Executive George Paspalas told Reuters.
Analysts, on average, have valued the Joanna gold development project at C$195 million, he said.
"Those two components calculate up the net asset value for Aurizon of C$4.83 per share. We got about C$200 million of cash on the balance sheet, we have no debt. So you can see ... it is way in excess of C$4.65 which Alamos has offered," Paspalas said.
StarMine's intrinsic valuation suggests Aurizon's stock should be trading at C$2.96, compared with the offer price of C$4.65 and Wednesday's closing price of C$4.76. Continued...