Equinox Gold Shareholders Receive Positive Voting Recommendations for Business Combination with Calibre Mining

Core Viewpoint - Equinox Gold shareholders are encouraged to vote in favor of the proposed business combination with Calibre Mining, as independent proxy advisory firms ISS and Glass Lewis have issued positive recommendations [1][2]. Strategic Rationale for the Business Combination - The merger will create a major diversified gold producer in the Americas, with potential for over 1.2 million ounces of annual gold production from a portfolio of mines across five countries [6]. - The combined entity will become the second largest gold producer in Canada, with the Greenstone Gold Mine and Valentine Gold Mine expected to produce a total of 590,000 ounces of gold per year at full capacity [6]. - The merger is anticipated to generate substantial free cash flow, driven by increased production at high gold prices, allowing for rapid deleveraging and capital return to shareholders [6]. - There is an exceptional growth profile with additional production growth expected from the ramp-up of the Valentine Gold Mine and a pipeline of development projects [6]. - The combined company has significant re-rate potential based on peer valuation, with greater scale, lower risk, and superior free cash flow compared to competitors [6]. - The leadership team includes experienced individuals with a proven track record of delivering shareholder value, with key positions filled by executives from both companies [6]. Shareholder Meeting Details - Equinox Gold's Annual and Special Meeting of shareholders is scheduled for April 24, 2025, at 1:30 PM (Vancouver time), where shareholders can vote on the Share Issuance Resolution and other matters [7]. - Shareholders of record as of March 18, 2025, are eligible to vote, and various voting methods are available, including online, by telephone, or in person [7][8].