The Equinox acquisition gave Premier shareholders 0.1967 of one Equinox Gold share and 0.4 of a share of i-80 Gold for each Premier share held.
Premier investors now own 16% of Equinox Gold as well as 70% of the shares of i-80 Gold.
Canada’s Equinox, which owns the remaining 30% of i-80 Gold, moved from developer to producer status in 2019, when it kicked off commercial production at its second gold mine, Aurizona, in northeastern Brazil.
In addition to its producing mine, El Niño underground mine in Nevada, i-80 is planning for future production growth through the potential addition of Phases 1 and 3 projects at the South Arturo property, located along the northern section of the prolific Carlin Trend.
The new miner is also advancing an underground development program for the 100%-owned McCoy-Cove property, south of Battle Mountain, and completing the acquisition of the Getchell Project.
i-80 said it would “aggressively pursue” the development of the Pinson underground and open pit opportunities.