IKCEST

Equinox to buy Premier Gold in $480 million all-stock deal

Dec 16, 2020

Source: https://www.mining.com/equinox-to-buy-premier-gold-in-480-million-all-stock-deal/

It takes around min to read this article.

Historic headframe at the Hardrock gold project in Ontario. (Image courtesy of Premier Gold Mines.)

Canada’s Equinox Gold (TSX, NYSE: EQX) is buying Premier Gold Mines (TSX: PG), which will spin out its Nevada assets in a new US-focused gold miner to be called i-80 Gold Corp.

The all-stock deal, valued at C$612 million ($480m) hands Equinox Gold Premier’s 50% interest in the Hardrock project in Ontario, the Mercedes Mine in Mexico and the Hasaga and Rahill-Bonanza properties in Red Lake, Ontario.

Original Text (This is the original text for your reference.)

Historic headframe at the Hardrock gold project in Ontario. (Image courtesy of Premier Gold Mines.)

Canada’s Equinox Gold (TSX, NYSE: EQX) is buying Premier Gold Mines (TSX: PG), which will spin out its Nevada assets in a new US-focused gold miner to be called i-80 Gold Corp.

Comments

Something to say?

Disclaimer: The translated content is provided by third-party translation service providers, and IKCEST shall not assume any responsibility for the accuracy and legality of the content.