Premier Gold Mines Limited announced that the Federal Economic Competition Commission in Mexico (COFECE) has granted approval of the proposed arrangement with Equinox.
The company also announced that the Toronto Stock Exchange has conditionally approved the listing of the common shares of i-80 Gold in connection with the companies’ deal. These two items represent the last two major regulatory closing items for completion of the deal.
It is expected that closing of the transaction whereby Equinox will acquire Premier will occur as soon as possible in early April, 2021, and holders of Premier shares at Closing will receive 0.1967 shares of Equinox and 0.4 shares of i-80. Subsequent to this Closing, i-80’s shares are expected to be listed on the Toronto Stock Exchange under the symbol TSX:IAU.
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