On June 17, 2025, Calibre Mining Corp. and Equinox Gold Corp. completed a business combination by court-approved plan of arrangement pursuant to which Equinox Gold acquired all of the issued and outstanding common shares of Calibre in exchange for common shares of Equinox, with an implied transaction value of approximately $2.56 billion.
The transaction creates an Americas-focused diversified gold producer with a portfolio of operating mines in five countries anchored by two high-quality, long-life, low-cost Canadian gold mines.
Cassels Brock & Blackwell LLP acted as Canadian counsel to Calibre Mining Corp. with a deal team that included Jay King, Jen Hansen, Jacob Cawker, Jeffrey Roy, Brandon Manhas, Maria Tapia, Joel Matson, Danielle Hill, Courtney Wong (Securities, Mergers & Acquisitions and Mining), Jennifer Wasylyk, Daniel Cipollone, Lauren White (Banking & Specialty Finance), Zahra Nurmohamed, Tera Li Parizeau, Danielle Karlin (Tax & Trusts), Davit Akman (Competition & Foreign Investment), Brenda Swick (International Trade), Laurie Jessome, Camille Dunbar (Employment & Labour), Jessica Lewis (Litigation) and Saundra Johnson (Law Clerk).
Dorsey & Whitney LLP acted as U.S. counsel to Calibre Mining Corp. with a deal team that included Christopher Doerksen and Francis E. Pagsanhan.
Von Wobeser y Sierra, S.C. acted as Mexican counsel to Calibre Mining Corp. with a deal team that included Fernando Carreño Nuñez de Alvarez and Michel Llorens.
Mattos Filho acted as Brazilian counsel to Calibre Mining Corp. with a deal team that included Adriano Drummond Cançado Trindade and Lucas de Assis Rabêlo.
Equinox Gold Corp. is represented internally by Susan Toews (General Counsel) and Jacqlin Anthony (Vice President, Associate General Counsel).
Blake, Cassels & Graydon LLP acted as Canadian counsel to Equinox Gold Corp. with a deal team that included Bob Wooder, Jamie Kariya, Samantha Rossman, Aletha Pangman, Xinya Wang, Jaya Gill, Justin Tiessen, and Arina Polyachek.
Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as U.S. counsel to Equinox Gold Corp. with a deal team that included Christopher Cummings and Aaron Abramson.
Galicia Abogados acted as Mexican counsel to Equinox Gold Corp. with a deal team that included Héctor Kuri and Florent Patoret.
Veirano Advogados acted as Brazilian counsel to Equinox Gold Corp. with a deal team that included Pedro Garcia.
Arias Law acted as Nicaraguan counsel to Equinox Gold Corp. with a deal team that included Ana Rizo.