VANCOUVER, British Columbia, Jan. 16, 2018 (GLOBE NEWSWIRE) -- Equinox Gold Corp. (TSX-V:EQX) (OTC:LWLCF) (`Equinox Gold` or the `Company`) announces that Pacific Road Resources Funds (`Pacific Road`) has provided notice to the Company of the exercise of its pre-existing non-dilution rights and will acquire an additional 21,000,000 Equinox Gold common shares for aggregate proceeds to the Company of C$19,215,000, subject to TSX Venture Exchange approval. When combined with the 23,824,968 Equinox Gold common shares Pacific Road already owns, Pacific Road will hold an aggregate of 44,824,968 Equinox Gold common shares representing approximately 10.1% of the Company´s outstanding common shares....
|