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Equinox Gold Sells Pilar Gold Mine
April 19, 2021 GMT
All dollar amounts are expressed in US$
VANCOUVER, BC, April 19, 2021 /PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce that the Company has sold its Pilar Gold Mine in Brazil to Pilar Gold Inc. for aggregate consideration of:
$38 million in cash, payable as follows:
$10.5 million on closing, which has been received;
$10 million payable on or before May 31, 2021; and
$17.5 million payable on or before July 31, 2021.
A 9.9% equity interest in Pilar Gold Inc.; and a ....

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