Business
Equinox Gold and Orla Mining Combine to Create North America's New Senior Gold Producer: Built to Grow, Built to Last
Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox") and Orla Mining Ltd. (TSX: OLA) (NYSE American: ORLA) ("Orla", and together with Equinox, the "Companies") are pleased to announce that the Companies have entered into a definitive arrangement agreement (the "Agreement") for an at-market combination to create a new North American senior gold producer with approximately 1.1 million ounces[i] of expected annual gold production and an $18.5 billion implied market capitalization. The com
About this update from Equinox Gold Corp.
[{"type":"text","content":"Combined company expected to produce 1.1 million ounces of gold annually with a clear path to more than 1.9 million ounces of gold from North American growth assets","length":165,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, May 13, 2026 /CNW/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox") and Orla Mining Ltd. (TSX: OLA) (NYSE American: ORLA) ("Orla", and together with Equinox, the "Companies") are pleased to announce that the Companies have entered into a definitive arrangement agreement (the "Agreement") for an at-market combination to create a new North American senior gold producer with approximately 1.1 million ounces[i] of expected annual gold production and an $18.5 billion implied market capitalization. The combined company will be anchored by three long-life Canadian gold mines, with a clear path to more than 1.9 million ounces[ii] of annual gold production from an internally funded North American growth pipeline. Pursuant to the Agreement, Equinox will acquire all of the issued and outstanding common shares of Orla pursuant to a court-approved plan of arrangement (the "Transaction"). The combined company will continue under the name "Equinox Gold Corp." ("Equinox Gold"). All dollar amounts are in United States dollars unless otherwise indicated.","length":1153,"tagName":"p"},{"type":"image","alt":"Orla Mining Ltd. Logo (CNW Group/Orla Mining Ltd.)","displaySize":"","headline":null,"caption":"Orla Mining Ltd. Logo (CNW Group/Orla Mining Ltd.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":180,"url":"https://media.zenfs.com/en/cnwgroup.com/caaf8a9b71ee86f15b8c32ccc74101fb"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/dmI0QrfOJOmLRiL29au5ng--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMxNztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/caaf8a9b71ee86f15b8c32ccc74101fb","width":400,"height":180},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/CJVVYHBjkTGjsk7hTEU1yw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTI4ODtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/caaf8a9b71ee86f15b8c32ccc74101fb","width":400,"height":180}},"href":"https://mma.prnewswire.com/media/2978810/Orla_Mining_Ltd__Equinox_Gold_and_Orla_Mining_Combine_to_Create.html","hrefExternal":true,"rel":"nofollow"},...