Equinox Gold to Sell Brazil Operations to CMOC Group for Up to $1.015 Billion

Reuters12-22 19:04
<a href="https://laohu8.com/S/EQX">Equinox Gold</a> to Sell Brazil Operations to CMOC Group for Up to $1.015 Billion

Equinox Gold Corp. has agreed to sell its 100% interest in the Aurizona Mine, RDM Mine, and Bahia Complex in Brazil to a subsidiary of the CMOC Group for total consideration of up to $1.015 billion. The agreement includes $900 million in upfront cash due at closing, subject to customary adjustments, and a contingent cash payment of up to $115 million one year after closing, depending on production thresholds. The transaction is expected to close in the first quarter of 2026, pending regulatory approvals and customary conditions.

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