Top Calibre Investor Opposes Equinox's $1.8 Billion Takeover

Top Calibre Investor Opposes Equinox's $1.8 Billion Takeover

(Bloomberg) — Calibre Mining Corp.’s top shareholder has come out against Equinox Gold Corp.’s $1.8 billion bid for the gold miner, casting uncertainty on the biggest bullion deal so far this year.

Equinox Gold uses intimidation tactics to silence Carrizalillo. The post Minera Equinox Gold intensifies aggressions against Carrizalillo upon expiration of contract appeared first on Avispa Midia.

Top Calibre Mining shareholder raises issues with the Equinox merger

Calibre Mining Corp. (TSE: CXB) (OTCMKTS: CXBMF) lead shareholder has raised opposition to the company’s proposed $1.8 billion merger with Equinox Gold Corp. (TSE: EQX) (NYSE American: EQX). Imaru Casanova, a portfolio manager for Van Eck Associates Corp, said in a Tuesday email that the merger “dilutes the quality and potential” of Calibre Mining. Calibre and Equinox each rose as much as 2.6 per cent in Toronto on Tuesday. Equinox declined to c…