Equinox Gold Announces Convertible Note Conversion and Bought Deal Secondary Offering [Yahoo! Finance]
Equinox Gold Corp. Common Shares (EQX)
Company Research
Source: Yahoo! Finance
VANCOUVER, British Columbia, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) has issued 24,761,905 common shares of the Company (the “Common Shares”) to Ninety Fourth Investment Company LLC (“Ninety Fourth”), an affiliate of MDC Industry Holding Company LLC (“MDC”) on conversion of a US$130 million convertible note (the “Note”) held by MDC. Further, Equinox Gold and Ninety Fourth have entered into an agreement with BMO Capital Markets to complete a secondary offering (the “Offering”) of the Common Shares issued on conversion of the Note. Pursuant to the agreement, BMO Capital Markets has agreed to purchase, on a bought deal basis, 24,761,905 Common Shares from Ninety Fourth at a price of US$5.65 per Common Share, for total gross proceeds of approximately US$140 million. Net proceeds of the Offering will be paid directly to Ninety Fourth and Equinox Gold will not receive any proceeds from the sale of Ninety Four
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EQX
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- TOP EXPLORATION TEAM JOINS LUCA AS MAJOR DRILLING PROGRAMS GET UNDERWAY [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Shareholders Shouldn't Be Too Comfortable With Equinox Gold's (TSE:EQX) Strong Earnings [Yahoo! Finance]Yahoo! Finance
- Two New Reduced Intrusive (RIRGS) Targets, Totalling Four, Identified at Tombstone Belt, Yukon - Gold Orogen, New Spin Co of Lode Gold [Yahoo! Finance]Yahoo! Finance
EQX
Earnings
- 11/6/24 - Miss
EQX
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form 6-K
- 11/7/24 - Form 6-K
- EQX's page on the SEC website