Equinox Ups Its Offer For Calibre: Investors Said No!

All right guys, we’ll admit it. We messed up.

Over the weekend we heard rumblings that Calibre Mining (TSX: CXB) and Equinox Gold (TSX: EQX) didn’t have the votes to proceed with their combination. We had intentions of covering it earlier this week, but well, it’s been a busy week for M&A and major earnings, so we simply didn’t get to it.

And now the story has officially broke. As it turns out, our source was correct and they didn’t have the votes. So things have been rejigged a bit.

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Gold’s Wild Bull Run: Are Markets About to Break? | Mike McGlone

First Majestic Silver: The Santa Elena Mine

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

Equinox Acquires Calibre Mining At A Discount

Another merger has been announced within the gold mining space, and well.. Investors are quite...

Saturday, March 1, 2025, 02:44:00 PM

Equinox Gold Breaks Ground For Greenstone Mine, Targets First Gold Pour In H1 2024

Equinox Gold Corp. (TSX: EQX) announced today the groundbreaking for the construction of the Greenstone...

Wednesday, October 27, 2021, 11:10:00 AM

Equinox: BMO Lowers Price Target After Second Blockade In Nine Months

On June 22nd, Equinox Gold Corp. (TSX: EQX) announced that there has been illegal blockades set...

Thursday, June 24, 2021, 04:14:00 PM

Equinox Gold: Haywood Slashes Targets After Poor Q2 Performance

Equinox Gold Corp. (TSX: EQX) last week reported its second quarter financial results. The company...

Monday, August 8, 2022, 03:49:00 PM

Calibre Mining Slashes 2024 Guidance, Eyes Strong Q4 Finish Instead

Calibre Mining Corp. (TSX: CXB) updated its operating results for the third quarter and the...

Friday, October 18, 2024, 03:29:00 PM