Equinox Gold Announces Change to Board of Directors
Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) has announced a change to its Board of Directors. Mr. Fraz Siddiqui, who was the Board appointee of Mubadala Investment Company, has resigned effective October 9, 2024. This change comes after Mubadala's conversion of their convertible note and subsequent sale of issued shares, announced on October 3, 2024, which resulted in the expiration of Mubadala's right to a Board appointment.
Ross Beaty, Chair of Equinox Gold, expressed gratitude for Mr. Siddiqui's contributions as a director since October 2023 and thanked Mubadala Investment Company for their support of Equinox Gold's growth strategy since their initial investment in April 2019. The company's management, including Greg Smith (Chief Executive Officer) and Rhylin Bailie (Vice President, Investor Relations), remains available for investor inquiries.
Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ha annunciato un cambiamento nel suo Consiglio di Amministrazione. Il signor Fraz Siddiqui, nominato dal Mubadala Investment Company, si è dimesso con effetto dal 9 ottobre 2024. Questo cambiamento arriva dopo la conversione da parte di Mubadala del loro prestito convertibile e la successiva vendita delle azioni emesse, annunciati il 3 ottobre 2024, che ha portato alla scadenza del diritto di Mubadala a una nomina nel Consiglio.
Ross Beaty, Presidente di Equinox Gold, ha espresso gratitudine per il contributo del signor Siddiqui come direttore dal ottobre 2023 e ha ringraziato il Mubadala Investment Company per il loro supporto alla strategia di crescita di Equinox Gold sin dal loro investimento iniziale nell'aprile 2019. La gestione dell'azienda, compresi Greg Smith (Amministratore Delegato) e Rhylin Bailie (Vice Presidente, Relazioni con gli Investitori), rimane a disposizione per le interrogazioni degli investitori.
Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ha anunciado un cambio en su Consejo de Administración. El Sr. Fraz Siddiqui, que era el designado del Mubadala Investment Company, ha presentado su renuncia con efecto desde el 9 de octubre de 2024. Este cambio se produce tras la conversión de Mubadala de su nota convertible y la posterior venta de acciones emitidas, anunciado el 3 de octubre de 2024, lo que resultó en la expiración del derecho de Mubadala a una designación en el Consejo.
Ross Beaty, presidente de Equinox Gold, expresó su agradecimiento por las contribuciones del Sr. Siddiqui como director desde octubre de 2023 y agradeció a Mubadala Investment Company por su apoyo a la estrategia de crecimiento de Equinox Gold desde su inversión inicial en abril de 2019. La dirección de la empresa, incluyendo a Greg Smith (Director Ejecutivo) y Rhylin Bailie (Vicepresidente de Relaciones con Inversores), permanece disponible para consultas de los inversores.
Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX)는 이사회에 변동이 있음을 발표했습니다. 프래즈 시디퀴 씨는 무바달라 투자회사(Mubadala Investment Company)의 이사회 임원으로서 2024년 10월 9일부로 사임했습니다. 이번 변화는 2024년 10월 3일 발표된 무바달라의 전환사채 전환과 그에 따른 발행 주식 매각 이후 발생했으며, 이는 무바달라의 이사회 임명 권리가 만료된 결과입니다.
로스 비티 Equinox Gold의 의장은 2023년 10월부터 이사로 재직한 시디퀴 씨의 기여에 감사하며, 2019년 4월 처음 투자한 이후 Equinox Gold의 성장 전략을 지원해 준 무바달라 투자회사에 감사의 뜻을 전했습니다. 그렉 스미스 (CEO)와 라이린 베일리 (투자자 관계 부사장) 등 회사 경영진은 투자자 문의를 위해 계속 대기하고 있습니다.
Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) a annoncé un changement au sein de son Conseil d'Administration. M. Fraz Siddiqui, qui était le représentant du Mubadala Investment Company au Conseil, a démissionné avec effet au 9 octobre 2024. Ce changement intervient après la conversion par Mubadala de leur obligation convertible et la vente subséquente des actions émises, annoncées le 3 octobre 2024, ce qui a conduit à l'expiration du droit de Mubadala à une nomination au Conseil.
Ross Beaty, président d'Equinox Gold, a exprimé sa gratitude pour les contributions de M. Siddiqui en tant que directeur depuis octobre 2023 et a remercié le Mubadala Investment Company pour son soutien à la stratégie de croissance d'Equinox Gold depuis leur investissement initial en avril 2019. La direction de l'entreprise, y compris Greg Smith (Directeur Général) et Rhylin Bailie (Vice-Présidente, Relations avec les Investisseurs), reste disponible pour les demandes d'information des investisseurs.
Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) hat eine Änderung in seinem Vorstand bekannt gegeben. Herr Fraz Siddiqui, der durch die Mubadala Investment Company in den Vorstand berufen wurde, hat mit Wirkung zum 9. Oktober 2024 zurückgetreten. Diese Änderung erfolgt nach der Umwandlung von Mubadala ihres wandelbaren Darlehens und dem anschließenden Verkauf der ausgegebenen Aktien, die am 3. Oktober 2024 angekündigt wurden und zum Verfall des Rechts von Mubadala auf eine Vorstandsnominierung führten.
Ross Beaty, Vorsitzender von Equinox Gold, drückte seine Dankbarkeit für die Beiträge von Herrn Siddiqui als Direktor seit Oktober 2023 aus und dankte der Mubadala Investment Company für die Unterstützung der Wachstumsstrategie von Equinox Gold seit ihrer Erstinvestition im April 2019. Das Management des Unternehmens, einschließlich Greg Smith (Chief Executive Officer) und Rhylin Bailie (Vizepräsidentin für Anlegerbeziehungen), steht für Anfragen von Investoren zur Verfügung.
- Streamlined Board structure following changes in major shareholder composition
- Continued support from management for investor relations and communication
- Loss of strategic input from Mubadala Investment Company representative on the Board
- Potential impact on investor confidence due to major shareholder reducing stake
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") announces that Mr. Fraz Siddiqui has resigned from the Company's Board of Directors effective October 9, 2024. Mr. Siddiqui was the Board appointee of Mubadala Investment Company under an investor rights agreement. With conversion of their convertible note and subsequent sale of the issued shares, as announced on October 3, 2024, Mubadala's right to a Board appointment has fallen away.
Ross Beaty, Chair of Equinox Gold, commented: "Equinox Gold thanks Mr. Siddiqui for his contributions as a director on our Board since October 2023. We also thank Mubadala Investment Company for their guidance and advice in support of Equinox Gold's growth strategy since they first invested in the Company in April 2019."
Equinox Gold Contacts
Greg Smith, Chief Executive Officer
Rhylin Bailie, Vice President, Investor Relations
Tel: +1 604-558-0560
Email: ir@equinoxgold.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226283
FAQ
Why did Fraz Siddiqui resign from Equinox Gold's Board of Directors?
How long was Fraz Siddiqui on Equinox Gold's Board of Directors?
What impact does Mubadala's reduced stake have on Equinox Gold (EQX)?
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