Equinox Gold Sells Stake in Versamet Royalties for C$130 Million
Equinox Gold (EQX) sold 8,713,000 shares of Versamet Royalties Corporation on July 6, reducing its ownership stake from approximately 10.7% to 2.7%. The transaction generated gross proceeds of C$130 million and will trigger the termination of certain agreements between Equinox Gold and Versamet.
Topics: block trade equity sale royalty stake