Equinox Gold Sells 100% Interest In Pan Mine, Gold Rock Project, And Illipah Project In Nevada To Minera Alamos For $115M
Author: Benzinga Newsdesk | August 07, 2025 09:28am
Equinox Gold Corp. (TSX:EQX) (NYSE:EQX) ("Equinox Gold" or the "Company") is pleased to announce the sale of its 100% interest in the Pan Mine, Gold Rock Project, and Illipah Project located in Nevada, USA (the "Nevada Assets") to Minera Alamos Inc. (TSXV:MAI) for US$115 million, payable on closing as:
- Cash consideration of US$90 million; and
- Equity consideration worth US$25 million in the form of Minera Alamos common shares, representing no more than 9.99% pro forma ownership on an issued and outstanding basis.
Posted In: EQX TSX:EQX TSXV:MAI