Equinox Gold Corp 6-K, filed Apr 14, 2020
Equinox Gold Corp. (EQX)
About this 6-K
Equinox Gold Corp filed this 6-K on April 14, 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 April, 2020.
Commission File Number 001-39038
| EQUINOX GOLD CORP. |
|---|
| (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 ☒ |
|---|
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. |
|---|
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. | ||
|---|---|---|
| Date: <br> April 13, 2020 | /s/<br> Susan Toews | |
| Name: | Susan Toews | |
| Title: | General Counsel |
INDEX TO EXHIBITS
| Exhibit | Description |
|---|---|
| 99.1 | Material Change Report Dated April 13, 2020 |
Exhibit 99.1
FORM 51-102F3
MATERIAL CHANGE REPORT
| Item 1: | Name and Address of Company |
|---|---|
| Equinox Gold Corp. (the “Company” or “Equinox Gold”) | |
| Suite 1501 – 700 West Pender Street | |
| Vancouver, British Columbia | |
| V6C 1G8 | |
| Item 2: | Date of Material Change |
| April 2, 2020 | |
| Item 3: | News Release |
| A news release announcing the material change was issued on April 2, 2020 through Cision. The news release was filed on SEDAR at www.sedar.com and EDGAR at www.sec.gov. | |
| Item 4: | Summary of Material Change |
| The Company announced that it will temporarily suspend mining activities at its Los Filos Mine in Guerrero State, Mexico in compliance with a recent order by the Federal Government of Mexico requiring the temporary suspension of all non-essential businesses until April 30, 2020. The Company has also temporarily suspended operations at its Pilar Mine in Goiás State, Brazil in compliance with State Government restrictions. The Company’s RDM Mine in Minas Gerais State, Brazil is recommencing full operations after a previously announced short-term suspension of mining activities in compliance with a municipal restriction. The Company drew down the remaining $180 million from its $400 million revolving credit facility in March as a proactive measure given the uncertainty of the potential effects of the COVID-19 pandemic on the Company’s operations. | |
| Item 5.1: | Full Description of Material Change |
| The Company will temporarily suspend mining activities at its Los Filos Mine in Guerrero State, Mexico in compliance with a recent order by the Federal Government of Mexico requiring the temporary suspension of all non-essential businesses until April 30, 2020. The Company will continue processing solution from the heap leach pads and expects that gold production will continue at a reduced level through the temporary suspension. | |
| The Company has also temporarily suspended operations at its Pilar Mine in Goiás State, Brazil in compliance with State Government restrictions. To maintain appropriate safety, security and environmental systems, the mine will continue to be staffed by a reduced workforce. | |
| The Company’s RDM Mine in Minas Gerais State, Brazil is recommencing full operations after a previously announced short-term suspension of mining activities in compliance with a municipal restriction. | |
| The Company’s other producing mines continue to operate normally with COVID-19 safety and preventive measures in place. The Company is currently unable to determine the potential effects of the COVID-19 pandemic on fiscal 2020 guidance and will provide updates as practical. | |
| 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. Equinox Gold has 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. | |
| --- | --- |
| The Company drew down the remaining $180 million from its $400 million revolving credit facility in March as a proactive measure given the uncertainty of the potential effects of the COVID-19 pandemic on the Company’s operations. There are no current plans to deploy these funds and Equinox Gold remains in a strong financial position with approximately $300 million in cash and cash equivalents (unrestricted) at March 31, 2020. | |
| Item 5.2: | Disclosure for Restructuring Transactions |
| Not applicable. | |
| Item 6: | Reliance on subsection 7.1(2) of National Instrument 51-102 |
| Not applicable. | |
| Item 7: | Omitted Information |
| Not applicable. | |
| Item 8: | Executive Officer |
| Susan Toews | |
| General Counsel | |
| Telephone: (604) 558-0560 | |
| Item 9: | Date of Report |
| April 13, 2020 |
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