Equinox Minerals Completes Canadian Re-Domicile and IPO

On June 29, 2004, Equinox Minerals Ltd. completed a re-domiciling transaction in which Equinox Minerals became the successor public company to Equinox Resources Ltd., an Australian public company that decided to move to Canada to enhance its ability to access global capital markets and facilitate the development of its large copper-cobalt project in Zambia. The re-domiciling was achieved by way of a plan of arrangement in Australia, effective at the end of June, under which Equinox Minerals, a newly-incorporated Canadian company, became the public vehicle and shareholdings of Equinox Resources were converted into shares of Equinox Minerals. Equinox Minerals has a market capitalization of approximately $62,417,000.

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On July 8, Equinox Minerals raised C$15.6 million in an underwritten offering led by RBC Dominion Securities Inc. and which included BMO Nesbitt Burns Inc. and Haywood Securities Inc. Equinox Minerals became listed on both the Toronto Stock Exchange and the Australian Stock Exchange.

Equinox was represented in Canada by Blake, Cassels & Graydon, with a team that included David Glennie, John Wilkin and John Piurko (securities) and Ken Snider (tax); and by Clayton Utz in Perth, Australia, with the principal lawyers being Geoff Simpson, Meredith Campion, Jane Rodic and Jessica O’Hara (securities).

The underwriters were represented by Fasken Martineau DuMoulin in Toronto, whose team included John Turner, Greg Ho Yuen and Bozidar Crnatovic.