# Equinox Gold to acquire Leagold Mining for $769 million

Equinox Gold Corp. has proposed an all-stock combination with Leagold Mining Corp. valued at approximately $769 million. The merged company will have a market capitalization of roughly $1.75 billion and six mines across Brazil, Mexico, and the U.S.

- Type: Acquisition
- Announced: 2019-12-16
- Value: $769.3M
- Status: announced
- Products: gold
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Leagold Mining](https://endata.com/companies/21428.md) (target)
- [Equinox Gold Corp.](https://endata.com/companies/28925.md) (acquirer)

## Sources

- [financialpost.com](https://financialpost.com/commodities/mining/equinox-gold-to-acquire-leagold-for-about-578-mln), 2019-12-16: "Scale really does matter."
- [financialpost.com](https://financialpost.com/commodities/scale-really-does-matter-equinox-and-leagold-announce-no-premium-merger), 2019-12-16: "There's no magic to one million ounces, it's just a number, but it represents scale … and scale really does matter."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.