Calibre Mining Corp. (TSX: CXB, OTCQX: CXBMF) has entered into a definitive agreement to merge with Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) in a transformational $2.6 billion transaction.
The merger will create New Equinox Gold, a diversified Americas-focused gold producer with a portfolio of operating mines in five countries, anchored by two cornerstone assets in Canada. With 100% ownership of the Greenstone Mine in Ontario and the Valentine Gold Mine in Newfoundland and Labrador, the newly combined entity is set to become Canada's second-largest gold producer.
