Equinox Gold - EQX STOCK NEWS

Equinox Gold Corp. has completed the acquisition of the remaining 40% of Greenstone Gold Mine GP Inc. from Orion Mine Finance Management LP, now owning 100% of the Greenstone Mine in Ontario, Canada. The Company also closed a US$500 million three-year term loan. The President and CEO, Greg Smith, highlighted the strategic importance of this transaction, emphasizing the potential of the Greenstone Mine as a long-life, low-cost gold mine.

Equinox Gold Corp. announced positive results from its annual shareholder meeting, with approval for all matters, including management's director nominees, appointment of KPMG LLP as independent auditor, and executive compensation approach. Trudy Curran joined the Board, bringing expertise in capital markets, mergers, and acquisitions.

Equinox Gold Corp. (TSX: EQX) has released its 2023 ESG Report, highlighting achievements in environmental, social, and governance areas. The report covers improvements in environmental performance, safety targets, community engagement, and governance practices. Noteworthy accomplishments include beating environmental and safety targets, reducing GHG emissions, achieving high performance in biodiversity conservation, and community engagement. The company also outlined 2024 ESG priorities, focusing on health and safety, equity, diversity, and inclusion, and sustainable mining practices.

Equinox Gold Corp. reports first quarter 2024 financial and operating results, highlighting 111,725 ounces of gold produced, $1,567 cash costs per oz, and $1,950 AISC per oz. The company announced acquiring 100% ownership of Greenstone Mine and provided 2024 production and cost guidance. The recent developments include advancing Greenstone commissioning and entering a binding share purchase agreement with Orion Mine Finance Management LP. The Company extended existing convertible notes and reported a geotechnical event at Aurizona. Shareholder events for May 9, 2024, include a conference call, annual meeting, and Corporate Update.

Equinox Gold successfully completes a bought deal financing, raising US$299 million through the issuance of common shares. The financing will be used to acquire the remaining 40% of the Greenstone Mine and for general corporate purposes.

Equinox Gold Corp. will release its unaudited first quarter financial results on May 8, 2024, followed by a conference call and webcast on May 9 to discuss the results. The annual meeting of shareholders will also take place on May 9, with both in-person and online attendance options available.

Equinox Gold Corp. consolidates ownership of the Greenstone Gold Mine in Ontario, Canada by acquiring Orion's 40% interest for $995 million, funding the transaction with a term loan and equity financing. This acquisition increases production, enhances exploration potential, and is expected to be highly accretive to EBITDA and cash flow.

Equinox Gold Corp. provides an update on the commissioning progress at its Greenstone Project in Ontario, Canada, a 60/40 partnership with Orion Mine Finance Group. The project aims to be one of Canada's largest gold mines, with an annual production target of 400,000 ounces for the first five years and over five million ounces over a 14-year mine life. The first gold pour is expected in May, with commercial production planned for Q3 2024. The project has reached significant milestones, with hiring on track and equipment functioning as expected.

Equinox Gold Corp. reports a geotechnical event at its Aurizona mine due to heavy rains in Brazil, causing a displacement of material in the Piaba pit. Mining paused for safety measures, but gold production continues. The Company plans to accelerate mining at the Tatajuba pit to offset production impact.