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To: Sultan who wrote (10719)	1/23/2026 12:11:32 PM
From: sixty2nds	3 Recommendations Recommended By DinoNavarre nicewatch Sun Tzu Read Replies (1) \| Respond to of 10768

I absolutely love this pivot by Equinox. Unlike many Gold miners EQX has a full plate of organic exploration and expansion potential. and They can be funded from FCF. The C-suite has publicly stated they are considering share buybacks AND a dividend. Here is a link to the recent investor day. The 2nd is the PR announcing the closing of the sale of Brazilian assets. Cheers, 60 youtube.com equinoxgold.com Equinox Gold Completes Sale of Brazil Operations for Total Cash Consideration of US$1.015 Billion Pays Down More than US$800 Million of Debt With Net Debt Reduced to US$150 Million1 (All financial figures are in US dollars) January 23, 2026 - Vancouver, BC - Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) completed the previously announced sale of its Aurizona Mine, RDM Mine and Bahia Complex located in Brazil (the “Brazil Operations”) to a subsidiary of the CMOC Group for total consideration of up to $1.015 billion (the “Transaction”). Equinox Gold received cash proceeds of $900 million, before closing adjustments, and will receive a production linked contingent cash payment of up to $115 million on January 23, 2027. The Company will immediately fully repay its $500 million Term Loan, pay $300 million to extinguish the Sprott Loan and related obligations, and make a payment on its revolving credit facility. This will reduce the Company’s senior debt to approximately $580 million (net debt1 to approximately $150 million) and significantly lower its interest expense. Darren Hall, Chief Executive Officer of Equinox Gold, stated: “Monetizing the Brazil Operations has streamlined our portfolio and transformed our balance sheet. Equinox Gold is now well established as a leading North America focused gold producer, with greater financial flexibility to self-fund high return, near term organic growth opportunities and consider capital return initiatives. Our development pipeline has the potential to add 450,000 to 550,000 ounces of incremental annual gold production in the coming years. With a strengthened balance sheet and 2026 consolidated gold production guidance of 700,000 to 800,000 ounces providing robust cash flow generation, we are well positioned to deliver stronger per-share value for our shareholders.” The Transaction was completed through the sale of the issued and outstanding shares of certain non-Brazilian wholly owned subsidiaries of the Company that indirectly owned the Brazil Operations. ABOUT EQUINOX GOLD Equinox Gold (TSX: EQX, NYSE-A: EQX) is a Canadian mining company positioned for growth with a strong foundation of high-quality, long-life gold operations in Canada and across the Americas, and a pipeline of development and expansion projects. Founded and chaired by renowned mining entrepreneur Ross Beaty and guided by a seasoned leadership team with broad expertise, the Company is focused on disciplined execution, operational excellence and long-term value creation. Equinox Gold offers investors meaningful exposure to gold with a diversified portfolio and clear path to growth. Learn more at www.equinoxgold.com or contact ir@equinoxgold.com. EQUINOX GOLD CONTACT Ryan King EVP Capital Markets T: 778.998.3700 E: ryan.king@equinoxgold.com E: ir@equinoxgold.com Note: 1 Cash as at December 31, 2025 of $430 million; excludes in-the-money convertible notes.