VANCOUVER, Aug. 6, 2019 /CNW/ - Equinox Gold
Corp. (TSX-V: EQX, OTC: EQXFF) ("Equinox Gold" or the
"Company") is pleased to announce that its Board of Directors has
approved a consolidation (the "Consolidation") of the common shares
of the Company on a five-to-one basis. The Company currently has
566,235,062 common shares outstanding and if completed, the
Consolidation would reduce the issued and outstanding common shares
to approximately 113,247,012 common shares. Subject to TSX Venture
Exchange approval, the Company anticipates that the Consolidation
will take effect on or around August 20,
2019, at which time its common shares will trade on a
consolidated basis under the existing name and trading symbol.
Completion of the Consolidation will allow the Company to pursue a
dual listing on a U.S. stock exchange.
On Behalf of the Board of Equinox Gold Corp.
"Christian Milau"
CEO & Director
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as such term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Notes and Forward-looking
Statements
This news release includes certain statements that constitute
"forward-looking statements", and "forward-looking information"
within the meaning of applicable securities laws collectively
"forward-looking statements". These include statements
regarding the Company's intent, or the beliefs or current
expectations of the Company's officers and directors. When used in
this new release, words such as "will", "would", "subject to",
"anticipates", "at which time", "will allow", "pursue" and similar
expressions are intended to identify these forward-looking
statements as well as phrases or statements that certain actions,
events or results "may", "could", "would", "should", "occur" or "be
achieved" or the negative connotation of such terms. As well,
forward-looking statements may relate to the Company's future
outlook and anticipated events, such as the Company's intention to
consolidate its shares in order to pursue a listing on a U.S. stock
exchange. Forward-looking statements are based on information
available at the time those statements are made and/or management's
good faith belief as of that time with respect to future events and
are subject to risks and uncertainties that could cause actual
performance or results to differ materially from those expressed in
or suggested by the forward-looking statements. Forward-looking
statements speak only as of the date those statements are made.
Except as required by applicable law, the Company assumes no
obligation to update or to publicly announce the results of any
change to any forward-looking statement contained or incorporated
by reference herein to reflect actual results, future events or
developments, changes in assumptions or changes in other factors
affecting the forward-looking statements. If the Company updates
any one or more forward-looking statements, no inference should be
drawn that the Company will make additional updates with respect to
those or other forward-looking statements. All forward-looking
statements contained in this news release are expressly qualified
in their entirety by this cautionary statement.
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SOURCE Equinox Gold Corp.