Equinox gold and leagold mining combine

Equinox gold and leagold mining combine to create a premier americas gold producer.leagold mining corp - leagold shareholders will receive 0.331 of an equinox gold share for each leagold share held.leagold mining corp - combined entity will continue as equinox gold and be headquartered in vancouver, canada.leagold mining corp - deal implies at-market consideration of c$2.70 per leagold common share.leagold mining corp sees operating and administrative synergies in excess of $10 million annually.leagold mining - at closing, existing equinox gold and leagold shareholders to own about 55% and 45% of merged co, respectively, on issued share basis.leagold mining corp - existing equinox gold and leagold shareholders will own approximately 55% and 45% of merged company, respectively.leagold - ross beaty will subscribe for $40 million in a private placement of equinox gold shares at c$8.15 per share to maintain an about 9% stake in co.leagold mining corp - special meetings of equinox gold shareholders and leagold securityholders are expected to be held in january 2020.leagold mining corp - board of directors, led by ross beaty as chairman, will have eight members with four from each company.leagold mining corp - board of directors of equinox gold and board of directors of leagold have unanimously approved transaction.
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