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Equinox Gold and Calibre Mining Merge to Form Major Gold Producer

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Equinox Gold and Calibre Mining Merge to Form Major Gold Producer

The latest announcement is out from Calibre Mining ( (TSE:CXB) ).

Equinox Gold Corp. and Calibre Mining Corp. have announced a definitive agreement to merge, creating a major gold producer focused on the Americas. The new entity, New Equinox Gold, will become the second largest gold producer in Canada, with significant production capacity and a strong pipeline of development projects, positioning it for sustainable growth and increased shareholder value.

More about Calibre Mining

Calibre Mining Corp. is a company involved in the mining industry, focusing on gold production. The company is engaged in operating and developing gold mines, with a market focus on expanding its portfolio of mining assets and increasing gold production.

YTD Price Performance: 25.11%

Average Trading Volume: 2,250,466

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$2.38B

For detailed information about CXB stock, go to TipRanks’ Stock Analysis page.

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