Equinox Gold Sells Brazil Operations to CMOC Group for $1.015 Billion

Reuters12-16
<a href="https://laohu8.com/S/EQX">Equinox Gold</a> Sells Brazil Operations to CMOC Group for $1.015 Billion

Equinox Gold is selling its Brazil operations to CMOC Group for a total consideration of $1.015 billion, including $900 million in cash and up to $115 million in contingent payments. The company stated that the proceeds will be used to fully repay its $500 million Term Loan and $300 million Sprott Loan, as well as reduce its revolving credit facility. This move is expected to significantly lower interest expenses, strengthen the balance sheet, and provide greater flexibility to self-fund near-term growth initiatives in North America. The transaction follows a comprehensive review of Equinox Gold's expanded portfolio after its merger with Calibre Mining.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equinox Gold Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-25-017324), on December 15, 2025, and is solely responsible for the information contained therein.
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