Equinox Gold Appoints François Bellemare to Board of Directors

Rhea-AI Summary

Equinox Gold Corp. (TSX: EQX) announced the appointment of François Bellemare to its Board of Directors, effective January 1, 2022. Mr. Bellemare will replace Tim Breen as a board appointee from Mubadala Investment Company and will also serve on the Environment, Social, and Governance Committee. With extensive experience in the mining sector and a history at Mubadala, he is expected to contribute significantly to the Company's strategic goals. The Chairman, Ross Beaty, expressed confidence in Bellemare's expertise and familiarity with the Company since Mubadala's investment in April 2019.

Positive

• François Bellemare brings extensive experience in capital markets and project development.
• His familiarity with Equinox Gold's projects and strategy could strengthen board decisions.
• The appointment enhances the governance structure with a focus on ESG matters.

Negative

• None.

VANCOUVER, BC, Dec. 30, 2021 /PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE: EQX) ("Equinox Gold" or the "Company") is pleased to announce that François Bellemare will be joining the Company's Board of Directors effective January 1, 2022. Mr. Bellemare is replacing Tim Breen as Mubadala Investment Company's Board appointee and will also serve on Equinox Gold's Environment, Social and Governance Committee.

Mr. Bellemare is a long-standing member of Mubadala's Direct Investments platform, currently serving as Senior Vice President covering the Industrials and Business Services sector based in the firm's New York office. Mr. Bellemare has been involved in multiple aspects of the mining sector, including deal origination and execution, partnerships, project development, financing, and joint ventures across all major geographies. Prior to joining Mubadala in 2014, he was at BMO Capital Markets based in their London and Toronto offices, advising metals and mining companies on M&A and capital markets transactions. Mr. Bellemare holds a Bachelor's degree in Electrical and Computer Engineering from McGill University.  

Ross Beaty, Chairman of Equinox Gold, commented: "François has been closely involved since Mubadala's original investment in April 2019 and is very familiar with the Company's projects and business strategy. He will be a tremendous addition to the Board of Directors, bringing a wide range of capital markets, project development and industry experience. I welcome François to Equinox Gold's Board of Directors and also thank Tim for his contributions as a director."

View original content:https://www.prnewswire.com/news-releases/equinox-gold-appoints-francois-bellemare-to-board-of-directors-301451982.html

SOURCE Equinox Gold Corp.

FAQ

Who is François Bellemare and what is his background related to Equinox Gold?

François Bellemare, appointed to Equinox Gold's Board on January 1, 2022, is a Senior VP at Mubadala with extensive experience in the mining sector, including deal origination and financing.

Why did Tim Breen leave the Board of Directors at Equinox Gold?

Tim Breen is being replaced as Mubadala Investment Company's Board appointee but the specific reasons for his departure were not provided in the press release.

What role will François Bellemare have on Equinox Gold's Board?

François Bellemare will serve on the Board of Directors and also on the Environment, Social, and Governance Committee.

When did Mubadala first invest in Equinox Gold?

Mubadala originally invested in Equinox Gold in April 2019.