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Equinox Gold agrees to acquire Orla Mining in share deal

PUBT·05/13/2026 10:02:01
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Equinox Gold agrees to acquire Orla Mining in share deal
  • Equinox Gold agreed to acquire Orla Mining in an at-market share deal, creating a North America-focused gold producer with an implied market capitalization of USD 18.5 billion.
  • Orla shareholders to receive 1 Equinox common share plus USD 0.0001 cash per Orla share; post-close ownership expected at about 67% for existing Equinox holders, 33% for former Orla holders on a fully diluted in-the-money basis.
  • Combined output expected at 1.1 million ounces of gold in 2026, with a stated path to more than 1.9 million ounces from North American growth projects.
  • Canadian mines Greenstone, Valentine, Musselwhite expected to produce 685,000 ounces in 2026, positioning combined group as second-largest producer of Canadian gold.
  • Transaction expected to close in Q3 2026, pending shareholder votes in July 2026 and required regulatory clearances.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equinox Gold Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605130600OMX_____CNEWS_EN_GNW9719235_en) on May 13, 2026, and is solely responsible for the information contained therein.