Leagold Mining

Equinox Gold Corp. completed the acquisition of Leagold Mining Corporation from Yamana Gold Inc. and others in a merger of equals transaction valued at approximately CAD 780 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.

Leagold Mining Corporation entered into a binding agreement to acquire the Los Filos Gold Mine in Guerrero State, Mexico from Goldcorp for US$350 million, consisting of US$279 million in cash and US$71 million in Leagold shares. Goldcorp will become an approximate 30% shareholder of Leagold.