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Equinox acknowledges Barrick has received Zambian Clearance for the acquisition of Equinox by Barrick
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Thursday, 02 Jun 2011
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Equinox Minerals Limited announced that it acknowledges that Barrick has received the unconditional approval of the Zambian Competition and Consumer Protection Commission for the proposed acquisition by Barrick of the outstanding common shares of Equinox by way of takeover bid.

All required regulatory approvals for the Offer have now been received and Equinox encourages shareholders to tender into the Offer, which is open for acceptance until 5:00 PM on June 1st 2011 unless the Offer is extended or withdrawn.

On April 25th 2011, Equinox announced an agreement with Barrick Gold Corporation pursuant to which Barrick has agreed, subject to the terms of a support agreement, to make the Offer to purchase all outstanding common shares of Equinox by way of negotiated take-over bid at a price of CAD 8.15 per share in cash. Barrick subsequently commenced the Offer on April 26th 2011. The Equinox board of directors has unanimously recommended that Equinox shareholders ACCEPT the Offer and DEPOSIT their shares under the Offer.

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