Trek Mining shares and warrants will be converted into Equinox Gold shares and warrants on a 1:1 ratio, with no change to the number of securities and no change to the warrant exercise price and date. If your shares and warrants are deposited in a trading account, the conversion will happen automatically. If your shares and warrants are NOT deposited in a trading account and you want updated Equinox Gold certificates or DRS Advice, then you will need to exchange your share and warrant certificates or DRS Advice with Computershare. There is no requirement to change your certificates or DRS Advice, however, as the securities are only subject to a name change and remain valid.
NewCastle shares and warrants will be converted into Equinox Gold shares and warrants on a 1:0.873 ratio. If you hold 1000 NewCastle shares today, you will hold 873 Equinox Gold shares after the merger. The shares issuable upon exercise of warrants will also be converted at the exchange ratio, so 1000 NewCastle warrants will become exercisable for 873 Equinox Gold common shares, and the exercise price will likewise be converted so that the current exercise price is divided by the 0.873 ratio to get the new exercise price (warrants with a $0.64 exercise price will now have a $0.73 exercise price, etc.), but there is no change to the expiry date.
Anfield shares will be converted into Equinox Gold shares on a 1:0.407 ratio. If you hold 1000 Anfield shares today, you will hold 407 Equinox Gold shares after the merger.
Shares and warrants that are already held in an online trading account will convert automatically into Equinox Gold shares and warrants. It may take a few days or up to two weeks for the conversion to be reflected in your account, but it will happen automatically.
If you hold your NewCastle or Anfield shares as physical share certificates or DRS statements, those documents remain valid for a period of up-to six years and do not need to be replaced immediately. NewCastle warrants will be exercisable for Equinox shares until their date of expiry and will not need to be exchanged. Letters of Transmittal will be mailed out to NewCastle and Anfield shareholders to explain how to exchange your physical certificates or DRS Advice. These will also be available by contacting us after the close of the Transaction at firstname.lastname@example.org.