Oct 2 (Reuters) - Richmont Mines Inc RIC.TO
* Richmont Mines reports acquisition of common shares of Monarques Gold Corporation
* Says has acquired 40.3 million common shares of monarques gold corporation,representing approximately 19.9% of outstanding common shares
* Says on October 2, Richmont acquired 34.6 million shares of monarques as consideration for sale of certain assets of co to Monarques