Equinox Gold Corp 6-K, filed Mar 27, 2020
Equinox Gold Corp. (EQX)
About this 6-K
Equinox Gold Corp filed this 6-K on March 27, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANTTO RULE 13a-16 or 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March, 2020.
Commission File Number 001-39038
| EQUINOX GOLD CORP. |
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| (Translation of registrant’s name into English) |
| 700 West PenderStreet, Suite 1501<br><br> <br>Vancouver, BritishColumbia<br><br> <br>V6C 1G8 |
| --- |
| (Address of principal executive office) |
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F
| Form 20-F | o | Form<br> 40-F ☒ |
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
| Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. |
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
| Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| EQUINOX GOLD CORP. | ||
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| Date: <br> March 27, 2020 | /s/<br> Rhylin Bailie | |
| Name: | Rhylin Bailie | |
| Title: | VP Investor Relations |
INDEX TO EXHIBITS
| 99.1 | News<br> Release dated March 27, 2020 - Equinox Gold Provides Corporate Update |
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EXHIBIT 99.1

Equinox Gold Provides Corporate Update
All dollar amounts areexpressed in US$ unless stated otherwise
VANCOUVER, March 27, 2020 /CNW/ - Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) ("Equinox Gold" or the "Company") today provides a corporate update.
COVID-19 Pandemic Response
As a result of local government restrictions related to the COVID-19 pandemic, the Company has temporarily suspended mining activities for 15 days at the RDM Mine in Minas Gerais State, Brazil. The mill will continue to operate and process lower-grade ore stockpiles until the restrictions are lifted and mining recommences. To date there are no confirmed or presumptive cases of the COVID-19 virus at any of the Company's operations or offices and Equinox Gold's other producing mines continue to operate normally.
Equinox Gold continues to enforce stringent operational and safety procedures across the Company to help protect the safety of its workforce and communities in accordance with guidelines outlined by the World Health Organization and the local, state and federal governments at each of its operations. The Company has also developed contingency plans to support business continuity and help protect the economic wellbeing of its workforce, suppliers and local communities. The Company is monitoring the rapidly changing COVID-19 situation and will adjust its response as necessary.
Exercise of Non-dilution Rights
In connection with the merger completed on March 10, 2020 between Equinox Gold and Leagold Mining Corporation ("Leagold"), the Pacific Road Resources Funds have provided notice to the Company of the exercise of their pre-existing non-dilution rights and will acquire 461,947 Equinox Gold common shares (the "Shares") for proceeds to the Company of $2,854,832 and $9,278,209 aggregate principal amount of 5-year convertible notes (the "Notes"). The Notes will bear interest at 4.75% and will be convertible into Equinox Gold common shares at a fixed price of $7.80 per share. The Company intends to use the proceeds from the Shares and Notes for general corporate and working capital purposes.
Standby Loan
Further to the Equinox Gold news releases dated August 2, 2018 and December 30, 2019, the standby loan arrangement between Equinox Gold and its Chairman, Ross Beaty, has been amended and restated to extend the term from March 31, 2020 to June 30, 2020.
Reliance on Temporary Filing Relief
On March 23, 2020, Canadian securities regulators published temporary blanket relief for market participants from certain regulatory filings as a result of COVID-19. The Company intends to rely on the temporary blanket relief which provides for a 45-day extension to file its Annual Information Form ("AIF") for the year ended December 31, 2019. Equinox Gold now expects to file its AIF on or before April 15, 2020. Further, the Company's directors, officers and other insiders will be subject to a trading blackout until such time as the AIF is filed and the Company confirms that, other than completion of the merger with Leagold on March 10, 2020, there have been no material business developments that have occurred subsequent to the filing of the Company's December 31, 2019 Financial Statements on March 2, 2020.
About Equinox Gold
Equinox Gold is a Canadian mining company with six producing gold mines, a multi-million-ounce gold reserve base and a strong growth profile from two development projects and two expansion projects. Equinox Gold operates entirely in the Americas, with two projects in the United States, one in Mexico and five in Brazil. Equinox Gold's common shares are listed on the TSX and the NYSE American under the trading symbol EQX. Further information about Equinox Gold's portfolio of assets and long-term growth strategy is available at www.equinoxgold.com or by email at ir@equinoxgold.com.
Cautionary Notes & Forward-lookingStatements
This news release includes certain statementsthat constitute "forward-looking statements", and "forward-looking information" within the meaning of applicablesecurities laws collectively "forward-looking statements". These include statements regarding the growth potential ofthe Company. When used in this news release, words such as "will", "monitoring", "review", "contingencyplans", "adjust", "adapt", "growth", and similar expressions are intended to identify theseforward-looking statements as well as phrases or statements that certain actions, events or results "may", "could","would", "should", "occur" or "be achieved" or the negative connotation of such terms.As well, forward-looking statements may relate to future outlook and anticipated events, such as the Company's plans and protocolswith regard to managing potential impacts related to the COVID-19 pandemic, the Company's strategy to help keep its workforce andlocal communities safe, the Company's business continuity protocols and the potential impact on operations related to COVID-19,the Company's ability to maintain activities and productivity at its operating mines, the Company's ability to successfully resumeoperations at mines at which operations have been restricted or suspended, and the Company's ability to advance its developmentand expansion projects and achieve its growth objectives.
These forward-looking statements involveassumptions, numerous risks and uncertainties, certain of which are beyond the Company's control including risks associated withor related to the volatility of metal prices and the Company's shares, risks of the COVID-19 pandemic including government responsesand increased regulations and restrictions regarding the flow of labour, materials and impact on the Company's projects and operations,as well as the risk factors identified in Equinox Gold's Annual Information Form dated December 31, 2018, the joint informationcircular for the Leagold merger dated December 20, 2019, and in Equinox Gold's year-end MD&A dated February 28, 2020, whichare available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Forward-looking statements are based on information availableat the time those statements are made and/or management's good faith belief as of that time with respect to future events and aresubject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed inor suggested by the forward-looking statements. Forward-looking statements speak only as of the date those statements are made.The COVID-19 situation is changing rapidly and Equinox Gold will continue to review and adapt its response protocols as the situationunfolds, applying guidelines outlined by the World Health Organization and governments of countries within which the Company operates.Except as required by applicable law, Equinox Gold assumes no obligation to update or to publicly announce the results of any changeto any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments,changes in assumptions or changes in other factors affecting the forward-looking statements. If Equinox Gold updates any oneor more forward-looking statements, no inference should be drawn that the company will make additional updates with respect tothose or other forward-looking statements. All forward-looking statements contained in this news release are expressly qualifiedin their entirety by this cautionary statement.
View original content:http://www.prnewswire.com/news-releases/equinox-gold-provides-corporate-update-301030737.html
SOURCE Equinox Gold Corp.
View original content: http://www.newswire.ca/en/releases/archive/March2020/27/c0757.html
%CIK: 0001756607
For further information: Equinox Gold Contacts: Christian Milau, Chief Executive Officer, Rhylin Bailie, Vice President, Investor Relations, Tel: +1 604-558-0560, Email: ir@equinoxgold.com
CO: Equinox Gold Corp.
CNW 07:30e 27-MAR-20