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Equinox Gold sells 8.7M Versamet shares for C$130M, reducing stake to 2.7%.

Company Fundamentals
06 Jul 2026
GlobeNewsWire
View Source
Neutral
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Equinox Gold Corp. sold 8,713,000 common shares of Versamet Royalties for C$130 million through a block trade, reducing its ownership from 10.7% to 2.7%. This sale ends Versamet's right of first offer on Equinox Gold's royalties and terminates their investor rights agreement once ownership falls below 10% for 30 days. Equinox Gold may still buy or sell shares in the future but is no longer subject to early warning reporting requirements for Versamet shares. This move reflects a strategic adjustment in Equinox Gold's investment portfolio.

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