Equinox Gold Completes Sale of Brazil Operations for Total Cash Consideration of US$1.015 Billion; Pays Down More than US$800 Million of Debt With Net Debt Reduced to US$150 Million
Equinox Gold Corp. Common Shares (EQX)
Company Research
Source: GlobeNewswire
(All financial figures are in US dollars) VANCOUVER, British Columbia, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) completed the previously announced sale of its Aurizona Mine, RDM Mine and Bahia Complex located in Brazil (the “Brazil Operations”) to a subsidiary of the CMOC Group for total consideration of up to $1.015 billion (the “Transaction”). Equinox Gold received cash proceeds of $900 million, before closing adjustments, and will receive a production linked contingent cash payment of up to $115 million on January 23, 2027. The Company will immediately fully repay its $500 million Term Loan, pay $300 million to extinguish the Sprott Loan and related obligations, and make a payment on its revolving credit facility. This will reduce the Company’s senior debt to approximately $580 million (net debt1 to approximately $150 million) and significantly lower its interest expense. Darren Hall, Chief Executive
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- A Look At Equinox Gold (TSX:EQX) Valuation After AI Guided Minotaur And Frank Gold Discoveries [Yahoo! Finance]Yahoo! Finance
- Equinox Gold Announces Significant New AI-Supported Gold Discovery 8 km from Valentine Mill and Additional High-Grade Gold Mineralization Outside of Resources at The Valentine Gold Mine, Canada [Yahoo! Finance]Yahoo! Finance
- Equinox Gold Announces Significant New AI-Supported Gold Discovery 8 km from Valentine Mill and Additional High-Grade Gold Mineralization Outside of Resources at The Valentine Gold Mine, CanadaGlobeNewswire
- Minera Alamos Announces Secondary Market Purchase of Its Shares by Group of Strategic Investors [Yahoo! Finance]Yahoo! Finance
- Is Equinox Gold (TSX:EQX) Still Reasonably Priced After Its Strong Recent Share Price Run? [Yahoo! Finance]Yahoo! Finance
EQX
Earnings
- 11/5/25 - Beat
EQX
Sec Filings
- 2/2/26 - Form 6-K
- 1/23/26 - Form 6-K
- 1/15/26 - Form SCHEDULE
- EQX's page on the SEC website