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Equinox Gold sells Solaris Resources shares for C$70.4M
The Fly

Equinox Gold sells Solaris Resources shares for C$70.4M

Equinox Gold (EQX) has sold an aggregate 11M common shares of Solaris Resources (SLSSF) in the ordinary course for investment purposes through the facilities of the Toronto Stock Exchange through block trades for aggregate gross proceeds of C$70.4M. As a result of the transaction, including any exercise of the warrants, Equinox Gold’s ownership has decreased to less than 10% of the issued and outstanding common shares of Solaris and Equinox Gold has ceased to be a "reporting insider". Accordingly, Equinox Gold will no longer file insider or early warning reports in respect of its ownership of securities of Solaris, except as required by applicable law. Equinox Gold remains a supportive shareholder of Solaris and does not currently plan to make any additional changes to its interest. Pursuant to the Transaction, Equinox Gold has agreed not to sell any of its remaining Solaris securities for 120 days.

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