Online Q&A

Open communication about Equinox Gold’s plans and objectives.

The Q&A below includes the most frequently asked questions about Equinox Gold’s properties, business plan and capital structure. If you don’t find what you’re looking for, please submit a question and we’ll get right back to you.  

Submit a Question

If you’ve got a question, chances are someone else is wondering the same thing.

So please don’t be shy about asking questions! You can fill out the Q&A form, email me directly at ir@trekmining.com or call me at +1 604-260-0516. I won’t always have answers right away, but I’ll find the information as quickly as I can.

I look forward to speaking with you soon!
Ms. Rhylin Bailie, VP Investor Relations

Submit a Question

 
Questions and Answers

Q
How can I buy Equinox Gold shares?
A

Equinox Gold's common shares trade in Canada on the TSX-V under the symbol "EQX" and in the United States on the OTC under the symbol "LWLCF".

Equinox Gold's warrants trade in Canada on the TSX-V under the symbol "EQX.WT" and in the United States on the OTC under the symbol "LWLLF".

Q
Does Equinox Gold trade in the United States?
A
Equinox Gold's common shares trade on the OTC under the symbol "LWLCF" and its warrants trade on the OTC under the symbol "LWLLF".
Q
What are the terms of your warrants?
A
Equinox Gold has 80.5 million warrants that trade on the TSX-V under symbol "EQX.WT" and on the OTC under symbol "LWLLF". The warrants have an exercise price of C$3.00 and expire on October 6, 2021.
Q
When will my shares convert into Equinox Gold shares?
A

The Trek Mining / NewCastle Gold / Anfield Gold merger to form Equinox Gold was completed on December 22, 2017. If your shares and/or warrants are deposited in an online trading account, they will automatically convert into Equinox Gold shares, but how long that takes depends on the system you are using. Most conversions will take place within a week or so (a bit longer given the holidays), but for some systems in the United States it can take a few weeks.

If you held shares in Trek Mining, your shares will convert into Equinox Gold on a 1 : 1 ratio, so 1000 Trek Mining shares will become 1000 Equinox Gold shares.

If you held shares in NewCastle Gold, your shares will convert into Equinox Gold on a 1 : 0.873 ratio, so 1000 NewCastle Gold shares will become 873 Equinox Gold shares.

If you held shares in Anfield Gold, your shares will convert into Equinox Gold on a 1 : 0.407 ratio, so 1000 Anfield Gold shares will become 407 Equinox Gold shares.

Q
What will happen to my shares and warrants following the Equinox Gold merger?
A

Trek Mining shares and warrants will be converted into Equinox Gold shares and warrants on a 1:1 ratio, with no change to the number of securities and no change to the warrant exercise price and date. If your shares and warrants are deposited in a trading account, the conversion will happen automatically. If your shares and warrants are NOT deposited in a trading account and you want updated Equinox Gold certificates or DRS Advice, then you will need to exchange your share and warrant certificates or DRS Advice with Computershare. There is no requirement to change your certificates or DRS Advice, however, as the securities are only subject to a name change and remain valid.

NewCastle shares and warrants will be converted into Equinox Gold shares and warrants on a 1:0.873 ratio. If you hold 1000 NewCastle shares today, you will hold 873 Equinox Gold shares after the merger. The shares issuable upon exercise of warrants will also be converted at the exchange ratio, so 1000 NewCastle warrants will become exercisable for 873 Equinox Gold common shares, and the exercise price will likewise be converted so that the current exercise price is divided by the 0.873 ratio to get the new exercise price (warrants with a $0.64 exercise price will now have a $0.73 exercise price, etc.), but there is no change to the expiry date.

Anfield shares will be converted into Equinox Gold shares on a 1:0.407 ratio. If you hold 1000 Anfield shares today, you will hold 407 Equinox Gold shares after the merger. 

Shares and warrants that are already held in an online trading account will convert automatically into Equinox Gold shares and warrants. It may take a few days or up to two weeks for the conversion to be reflected in your account, but it will happen automatically.

If you hold your NewCastle or Anfield shares as physical share certificates or DRS statements, those documents remain valid for a period of up to six years and do not need to be replaced immediately. NewCastle warrants will be exercisable for Equinox shares until their date of expiry and will not need to be exchanged. Letters of Transmittal will be mailed out to NewCastle and Anfield shareholders to explain how to exchange your physical certificates or DRS Advice. These will also be available by contacting us at info@equinoxgold.com

Q
How do I get my share and warrant certificates re-issued as Equinox Gold?
A

If you hold your Trek Mining shares or warrants as physical certificates or DRS statements, there is no requirement to have them re-issued as Equinox Gold. Even though they say Trek Mining, they remain valid and will be honoured as Equinox Gold shares/warrants when you are ready to deposit them into an account to trade them.  If you DO want to have them re-issued as Equinox Gold certificates or DRS statements, you need to contact Computershare at 1-800-564-6253 and they can provide instructions on what forms you need to fill out, where to send your certificates, etc.

If you hold your NewCastle or Anfield shares as physical share certificates or DRS statements, those documents remain valid for a period of up to six years and do not need to be replaced immediately. NewCastle warrants will be exercisable for Equinox shares until their date of expiry and will not need to be exchanged. Letters of Transmittal will be mailed out to NewCastle and Anfield shareholders to explain how to exchange your physical certificates or DRS Advice. These will also be available by contacting us at info@equinoxgold.com.

Q
What are Equinox Gold's primary goals for 2018?
A

Our focus is advancing the Aurizona Gold Mine into production in Brazil. Early works construction is underway and we are on track to pour gold by late 2018.

We are also completing a prefeasibility study for the Castle Mountain gold project in California, with the objective of restarting production.

Q
When will the Aurizona Project be in production?
A
Early works construction is underway and we are on track to achieve production by late 2018.
Q
What does AngloGold Ashanti need to do to earn a 70% interest in the Aurizona greenfields properties?
A

AngloGold commenced exploration in August 2016 of the JV greenfields exploration properties to the southwest and southeast of the Aurizona Project. The JV area comprises 23 exploration licenses totalling approximately 191,400 hectares. As per the JV Agreement, AngloGold can earn a 70% interest in the greenfields properties by spending US$14.0 million on exploration expenditures over a four-year period, with a minimum US$2.0 million commitment in the first year.

AngloGold exceeded its minimum spend in year one. AngloGold has undertaken extensive airborne surveys over the entire land package, including Equinox Gold’s brownfields properties and the Aurizona mine which, when combined with surface geochemistry, will define targets for an extensive drilling program in the JV greenfields by AngloGold, and also help to focus Equinox Gold’s drilling efforts in the brownfields properties.

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