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Equinox Gold Corp 6-K, filed Apr 16, 2021

Equinox Gold Corp. (EQX)

6-K 2021-04-16 For: 2021-04-16
View Original
Added on April 07, 2026

About this 6-K

Equinox Gold Corp filed this 6-K on April 16, 2021.

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, 2021.

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.

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 16, 2021 /s/<br> Rhylin Bailie
Name: Rhylin Bailie
Title: VP Investor Relations

INDEX TO EXHIBITS

99.1 News<br> Release dated April 16, 2021 - Equinox Gold Increases Interest in Greenstone Project to 60%

EXHIBIT 99.1

Equinox Gold Increases Interest in Greenstone Project to 60%

VANCOUVER, BC, April 16, 2021 /CNW/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce that the Company has completed its acquisition of an additional 10% interest in the multi-million-ounce, fully permitted, construction-ready Greenstone Project in Ontario, Canada, as previously announced on March 1, 2021, bringing its total interest in the project to 60%.

On closing, the Company paid cash consideration of US$51 million to Orion Mine Finance Group. In addition, Equinox Gold assumed certain contingent obligations comprising:

  • US$5 million in cash 24 months after a positive mine construction decision for the Greenstone Project; and
  • Delivery of approximately 2,200 ounces of refined gold, the cash equivalent value of such refined gold, or a combination thereof, after production milestones of 250,000 ounces, 500,000 ounces and 700,000 ounces from the Greenstone Project.

The Greenstone Project will be advanced in a joint venture with Orion Mine Finance Group, bringing more than 240,000 attributable ounces of annual gold production to Equinox Gold when in production with significant upside potential from near-mine exploration and underground development.

Cautionary Notes and Forward-Looking Statements

This news release contains certain forward-lookinginformation and forward-looking statements within the meaning of applicable securities legislation and may include future-oriented financialinformation. Forward-looking statements and forward-looking information in this news release relate to, among other things: the Company'sability to successfully advance the Greenstone Project to production and achieve the construction, production, cost estimates and otherbenefits currently estimated for the Greenstone Project; and the upside potential at the Greenstone Project. Forward-looking statementsor information generally identified by the use of the words "will" and "advance", and similar expressions and phrasesor statements that certain actions, events or results "may", "could" or "should", or the negative connotationof such terms, are intended to identify forward-looking statements and information. Although the Company believes that the expectationsreflected in such forward-looking statements and information are reasonable, undue reliance should not be placed on forward-looking statementssince the Company can give no assurance that such expectations will prove to be correct. The Company has based these forward-looking statementsand information on the Company's current expectations and projections about future events and these assumptions include: Equinox Gold'sability to successfully advance Greenstone to production and achieve the production, cost and other expectations for Greenstone; the upsidepotential from exploration and development opportunities at the Greenstone Project; prices for gold remaining as estimated; currency exchangerates remaining as estimated; availability of funds for the Company's projects and future cash requirements; Greenstone Mineral Reserveand Resource estimates and the assumptions on which they are based; prices for energy inputs, labour, materials, supplies and services;no labour-related disruptions and no unplanned delays or interruptions in scheduled development and production, including by blockade;all necessary permits, licenses and regulatory approvals being received in a timely manner; the Company's ability to comply with environmental,health and safety laws; and the ability of Equinox Gold to work productively with its joint venture partner at Greenstone. While the Companyconsiders these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Accordingly, readersare cautioned not to put undue reliance on the forward-looking statements or information contained in this news release. The Company cautionsthat forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actualresults and developments to differ materially from those expressed or implied by such forward-looking statements and information containedin this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include,without limitation: fluctuations in gold prices; fluctuations in prices for energy inputs, labour, materials, supplies and services; fluctuationsin currency markets; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards,industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather);inadequate insurance, or inability to obtain insurance to cover these risks and hazards; employee relations; relationships with, and claimsby, local communities and indigenous populations; the Company's ability to obtain all necessary permits, licenses and regulatory approvalsin a timely manner or at all; changes in laws, regulations and government practices; legal restrictions relating to mining including thoseimposed in connection with COVID-19; and those factors identified in the Company's Annual Information Form dated March 24, 2021 and theCompany's MD&A dated March 19, 2021, both for the year-ended December 31, 2020, both of which are available on SEDAR at www.sedar.com andon EDGAR at www.sec.gov/edgar. Forward-looking statements and information are designed to help readers understand management's views asof that time with respect to future events and speak only as of the date they are made. Except as required by applicable law, the Companyassumes no obligation to publicly announce the results of any change to any forward-looking statement or information contained or incorporatedby reference to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting theforward-looking statements and information. If the Company updates any one or more forward-looking statements, no inference should bedrawn that the Company will make additional updates with respect to those or other forward-looking statements. All forward-looking statementsand information contained in this news release are expressly qualified in their entirety by this cautionary statement.

View original content:http://www.prnewswire.com/news-releases/equinox-gold-increases-interest-in-greenstone-project-to-60-301270804.html

SOURCE Equinox Gold Corp.

View original content: http://www.newswire.ca/en/releases/archive/April2021/16/c1098.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 15:24e 16-APR-21