Equinox Gold (ASE) (TSE:EQX) has released an update.
Equinox Gold Corp. has successfully completed a significant bought deal financing, raising US$299 million through the issuance of over 56 million common shares. The company plans to allocate the net proceeds towards acquiring the remaining stake of the Greenstone Mine and for general corporate purposes, including debt repayment. This financial move aims to support Equinox Gold’s growth strategy and its goal of increasing gold production.
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