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Equinox Gold Announces Friendly Acquisition of Premier Gold Mines


Equinox Gold Announces Friendly Acquisition of Premier Gold Mines
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Premier Gold Mines Limited Logo (CNW Group/Equinox Gold Corp.)
All dollar amounts are in United States dollars unless otherwise indicated
VANCOUVER, BC and THUNDER BAY, ON, Dec. 16, 2020 /PRNewswire/ - 
Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ( Equinox Gold ) and
Premier Gold Mines Limited (TSX: PG) (OTCPK: PIRGF) ( Premier ) are pleased to announce that the companies have entered into a definitive agreement (the Agreement ) whereby Equinox Gold will acquire all of the outstanding shares of Premier. Concurrently, Premier will spin-out to its shareholders shares of a newly created US-focused gold production and development company to be called ....

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NetNewsLedger - Equinox Gold Announces Friendly Acquisition of Premier Gold


NetNewsLedger
Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold”) and
Premier Gold Mines Limited (TSX: PG) (OTCPK: PIRGF) (“Premier”) are pleased to announce that the companies have entered into a definitive agreement (the “Agreement”) whereby Equinox Gold will acquire all of the outstanding shares of Premier. Concurrently, Premier will spin-out to its shareholders shares of a newly created US-focused gold production and development company to be called
i-80 Gold Corp. (“i-80 Gold”, and together with the Agreement, the “Transaction”) that will own the South-Arturo and McCoy-Cove properties and will complete Premier’s previously announced acquisition of the Getchell Project, all in Nevada. Equinox Gold will retain Premier’s interest in the world-class Hardrock Project in Ontario, the Mercedes Mine in Mexico, and the Hasaga and Rahill-Bonanza properties in Red Lake, Ontario. On closing of the Transaction, existing Eq ....

United States , British Columbia , Red Lake , Ross Beaty , Stephen Mcgibbon , Christian Milau , Louis Pierre Gignac , Ewan Downie , Cassels Graydon , Gold Corp , Council On , American Stock Exchange , Gmining Services Inc , Gold Mines Limited , Equinox Gold Corp , Gold The Companies , National Instrument , Bennett Jones , Exchange Ratio , Exchange Commission , Companies For Equinox Gold , World Markets Inc , Toronto Stock Exchange , Petroleum Definition Standards On Mineral Resources , Canadian Institute Of Mining , Premier Gold Mines Limited ,