Equinox gold announces sale of solaris shares and warrants to augusta investments and strategic shareholder for up to c$132.5 million

Vancouver, bc, march 30, 2021 /prnewswire/ - equinox gold corp. (tsx: eqx), (nyse american: eqx) ("equinox gold" or the "company") is pleased to announce that, in response to a request from solaris resources inc. ("solaris") (tsx: sls), the company has agreed to sell a portion of its shareholdings in solaris totaling ten million common shares (the "solaris shares") to augusta investments inc. and a strategic shareholder for gross proceeds of approximately c$82.5 million. in addition, equinox gold will grant the buyers warrants to purchase an additional five million solaris shares from the company for a period of 12 months at c$10.00 per share (the "warrants").
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