Equinox Gold converts $130M note, facilitates $140M secondary share offering without proceeds, set to close Oct 9, 2024.

Equinox Gold has converted a $130 million convertible note from MDC Industry Holding into 24,761,905 common shares. An agreement with Ninety Fourth Investment Company LLC and BMO Capital Markets will facilitate a secondary offering of these shares at $5.65 each, totaling approximately $140 million. Equinox Gold will not receive proceeds from this sale. The offering is set to close around October 9, 2024, pending customary conditions.

October 03, 2024
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