Minera Alamos to acquire Calibre USA Holding from Equinox Gold for $115m.

Minera Alamos, a gold production and development company, agreed to acquire Calibre USA Holding, a mining company, from Equinox Gold, a Canadian mining company, for $115m. “This acquisition unlocks significant value in our late-stage project development pipeline and allows the Company to leverage internal cash flow to significantly grow the Company’s production profile over the next few years. Furthermore, the cash generated will provide our exploration team with the resources they require to demonstrate the true size potential of all the existing projects, including Cerro De Oro, Copperstone and the newly acquired Pan complex. I would like to also welcome Jason Kosec to the leadership team at Minera Alamos and look forward to working with him growing the Company over the coming years as we seek to unlock strong share price appreciation,” Darren Koningen, Minera Alamos CEO.