TSX-V-listed Equinox Gold is preparing for a dual listing on a US stock exchange, the gold miner announced on Tuesday, as it gears up to start production from its second California-based mine next year.
The Canadian mining company’s board has approved a consolidation of its common shares on a five-to-one basis. Equinox currently has 5 66 235 062 common shares outstanding and the consolidation would reduce the issued and outstanding common shares to about 113 247 012.