Solaris Copper DONEMr. Christian Milau reports EQUINOX GOLD ANNOUNCES FINAL COURT APPROVAL OF THE ARRANGEMENT FOR THE SOLARIS COPPER SPINOUT
Equinox Gold Corp. has obtained a final order from the Supreme Court of British Columbia dated July 30, 2018, to implement the company's previously announced plan of arrangement to reorganize its business, including the spinoff of its wholly owned subsidiary, Solaris Copper Inc. Substantially all of the terms and conditions of the transaction have been met, including shareholder approval of the transaction on July 26, 2018.
Pursuant to the transaction, the owners of common shares of Equinox Gold will receive: (i) one new common share of Equinox Gold for each common share of Equinox Gold held on the day before the effective date of the transaction; and (ii) one-10th of a Solaris Copper share for each common share of Equinox Gold held on the day before the effective date of the transaction. It is expected that the effective date of the transaction will be Aug. 3, 2018. For further details, please refer to the company's management information circular dated June 20, 2018, which is available under the company's profile on SEDAR.
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