Equinox Gold, a Canadian mining company, completed the acquisition of Premier Gold Mines, a Canada-based mineral exploration company, for $480m. "With Mercedes and Greenstone in our portfolio, Equinox Gold now has eight operating mines and one of the largest gold reserves in our peer group, all in the mining-friendly jurisdictions of Ontario, California, Mexico and Brazil. We also have a strong, near-term growth profile with construction of our Santa Luz mine underway, Greenstone construction targeted to start in 2021, and significant expansion projects at Los Filos and Castle Mountain. We look forward to developing Greenstone with Orion as our partner, integrating Mercedes into our portfolio of producing mines and being a substantial and supportive shareholder of i-80 Gold," Christian Milau, Equinox Gold CEO. On February 23, 2021, shareholders and optionholders of Premier Gold Mines approved the acquisition.