VANCOUVER, Sept. 9, 2019 /CNW/ - Equinox Gold
Corp. (TSX-V: EQX, OTC: EQXFD) ("Equinox Gold" or the
"Company") is pleased to announce that the Company intends to list
its common shares on the NYSE American stock exchange ("NYSE
American") in the United States.
Equinox Gold expects its common shares will commence trading on the
NYSE American on or about September 16,
2019 under ticker symbol "EQX". Equinox Gold's common shares
will continue trading on the TSX Venture Exchange under ticker
symbol "EQX".
Christian Milau, CEO of Equinox
Gold, commented: "Listing on the NYSE American enhances our already
substantial presence in the United
States, with both our Mesquite Mine and Castle Mountain
project located in southern California. Further, listing on the NYSE
American will provide trading flexibility for our U.S.-based and
other investors and will increase Equinox Gold's market visibility
in the United States and
internationally."
Concurrent with the start of trading on the NYSE American,
Equinox Gold's common shares will cease trading on the OTC Markets.
Shareholders are not required to take any action. Equinox Gold
recommends that investors who bought shares on the OTC Markets
monitor their accounts to ensure their holdings correctly reflect
the new ticker symbol, which may take up to two weeks for some
brokerage accounts.
Equinox Gold's warrants will continue trading on the TSX Venture
Exchange under ticker symbol "EQX.WT" and on the OTC Markets under
ticker symbol "EQXWF". Equinox Gold's warrants will not be listed
on the NYSE American.
In connection with the planned listing on the NYSE American, the
Company has engaged the services of Renmark Financial
Communications Inc. and Torrey Hills Capital, Inc. to assist with
initial investor relations activities in the United States. In consideration for the
services provided, Equinox Gold will pay Renmark C$7,000 per month for a period of four months and
will pay Torrey Hills a fee of
US$2,750 per city in which meetings
are booked. Neither Renmark nor Torrey
Hills has an interest, directly or indirectly, in Equinox
Gold or its securities, or any right or intent to acquire such an
interest.
On Behalf of the Board of Equinox Gold Corp.
"Christian Milau"
CEO & Director
About Equinox Gold
Equinox Gold is a Canadian mining company with a
multi-million-ounce gold reserve base and growth potential from
three wholly-owned gold mines. The Company is producing gold from
its Mesquite Gold Mine in California and its Aurizona Gold Mine in
Brazil, and is advancing its
Castle Mountain Gold Mine in California. Further information about Equinox
Gold's portfolio of assets and long-term growth strategy is
available at www.equinoxgold.com or by email at
ir@equinoxgold.com.
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 "expects", "will", "will commence",
"expectation", "may", "strategy", "objectives", "potential",
"advancing" 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 commence listing on the NYSE American stock
exchange, the Company's ability to successfully operate
Mesquite and Aurizona and achieve the annual production and costs
estimated for Mesquite and Aurizona, the Company's ability to
successfully advance Castle Mountain and restart production, and
the Company's ability to achieve its growth objectives. The Company
has based these forward-looking statements largely on the Company's
current expectations and projections about future events and
financial trends affecting the financial condition of the Company's
business. These forward-looking statements were derived using
numerous assumptions regarding expected growth, results of
operations, performance and business prospects and opportunities
that could cause the Company's actual results to differ materially
from those in the forward-looking statements and include but are
not limited to: (1) there being no significant disruptions
affecting Equinox Gold's operations or projects; (2) political,
security and legal developments in jurisdictions where Equinox Gold
operates or may in future operate, being consistent with Equinox
Gold's current expectations; (3) the accuracy of Equinox Gold's
mineral reserve and mineral resource estimates; (4) the exchange
rates between the Canadian dollar, the U.S. dollar and the
Brazilian reais being approximately consistent with current levels;
(4) prices for key supplies, equipment, labour and material costs
being consistent with Equinox Gold's current expectations; and (5)
all required permits, licenses and authorizations being obtained
from relevant governments in a timely manner or at all, or if
obtained, remaining in place. While the Company considers these
assumptions to be reasonable, based on information currently
available, they may prove to be incorrect. Accordingly, readers are
cautioned not to put undue reliance on these forward-looking
statements. Forward-looking statements should not be read as a
guarantee of future performance or results. 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.