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Calibre Securityholders Approve Business Combination with Equinox Gold

VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB;...

articleEquinox Gold Corp.May 1, 20254/company/equinox-gold-corp/news/calibre-securityholders-approve-business-combination-with-equinox-gold
Calibre Securityholders Approve Business Combination with Equinox Gold

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[{"type":"text","content":"Calibre Securityholders Approve Business Combination with Equinox Gold\n\n\n\n VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) --\n \n Calibre Mining Corp.\n \n (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to announce that holders of Calibre common shares (the “Shareholders”) and holders of options issued under Calibre’s amended and restated long-term incentive plan (the “Optionholders”, and together with the Shareholders, the “Securityholders”) have approved the business combination with Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold”) pursuant to a plan of arrangement (the “Arrangement”), whereby Equinox Gold will, among other things, acquire all the issued and outstanding Calibre shares. The vote was passed at Calibre’s special meeting of Securityholders (the “Meeting”) held earlier today.\n \n\n The Arrangement was approved by (i) 75.28% of the votes cast by Shareholders present in person or represented by proxy and entitled to vote at the Meeting, (ii) 76.33% of the votes cast by Shareholders and Optionholders, voting together as a single class, present in person or represented by proxy and entitled to vote at the Meeting, and (iii) 74.87% of the votes cast by Shareholders present in person or represented by proxy and entitled to vote at the Meeting, excluding the votes cast by such Shareholders that were required to be excluded pursuant to Multilateral Instrument 61-101 –\n \n Protection of Minority Security Holders in Special Transactions\n \n . The report of voting results will be available under the Company’s profile on SEDAR+ at\n \n\n www.sedarplus.ca\n \n\n .\n \n\n With the approval by the Securityholders, Calibre will now seek a final order from the Supreme Court of British Columbia (“Court”) to approve the Arrangement at a hearing expected to be held on May 6, 2025. In addition to approval of the Court, completion of the Arrangement is subject to applicable regulatory approvals, including both Canadian (received) and Mexican competition authorization, the approval of the Toronto Stock Exchange (received) and the NYSE American for the Arrangement and for the listing and posting for trading of the Equinox Gold common...

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