Business
Equinox Gold and Calibre Mining Complete Business Combination
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2025) - Equinox Gold Corp. (TSX: EQX) (...
About this update from Equinox Gold Corp.
[{"type":"text","content":"Equinox Gold and Calibre Mining Complete Business CombinationVancouver, British Columbia--(Newsfile Corp. - June 17, 2025) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (\"Equinox Gold\") and Calibre Mining Corp. (TSX: CXB) (OTCQX: CXBMF) (\"Calibre\") are pleased to announce successful completion of the previously announced business combination pursuant to which Equinox Gold has acquired all of the issued and outstanding common shares of Calibre (the \"Calibre Shares\") pursuant to a court-approved plan of arrangement (the \"Transaction\"). The Transaction has created an Americas-focused diversified gold producer with a portfolio of mines in five countries anchored by two high-quality, long-life, Canadian gold mines: the Greenstone Gold Mine (\"Greenstone\") in Ontario and the Valentine Gold Mine (\"Valentine\") in Newfoundland & Labrador. Valentine is in the final stages of construction and plant commissioning, with first gold expected by the end of Q3 2025. With Greenstone and Valentine at nameplate capacity, Equinox Gold will become the second largest gold producer in Canada. Ross Beaty, Chair of the Equinox Gold Board of Directors, commented: \"On behalf of the entire Equinox Gold team, I extend our sincere thanks to outgoing directors Gordon Campbell and Dr. Sally Eyre, Doug Reddy, outgoing Chief Operating Officer, and Scott Heffernan, outgoing Executive Vice President Exploration, for their valuable contributions to Equinox Gold over the last several years. \"I am also pleased to announce the appointments of Blayne Johnson, Doug Forster, Omaya Elguindi and Mike Vint, former directors of Calibre, to the Board of Directors of Equinox Gold, effective immediately, with Lenard Boggio, Maryse Bélanger, Trudy Curran, Marshall Koval, Greg Smith and myself remaining as directors. \"The combined company will be led by Greg Smith, Chief Executive Officer and Director, Darren Hall, President and Chief Operating Officer, and Peter Hardie, Chief Financial Officer. \"This merger represents a transformative step forward for both Equinox Gold and Calibre, bringing together two complementary companies with strong production, growth potential, and the operational expertise to generate significant long-term value for our shareholders and stakeholders.\"Blayne Johnson, Chair of the Calibre Mining Board of Directors, commented:...