Equinox Gold reports transformational year after Calibre merger and announces inaugural dividend

Equinox Gold reported preliminary unaudited results for Q4 and full-year 2025 and described a year that included the merger with Calibre, operational milestones at Valentine and Greenstone, portfolio divestments, and more than US$1.1 billion in debt reduction. The company said its audited consolidated financial statements and management's discussion and analysis will be released later this month.

Equinox Gold released preliminary, unaudited financial and operating results for the three months and full year ended December 31, 2025. The company described 2025 as a transformational year driven by a merger with Calibre and by operational and balance-sheet changes. Management reported first gold and commercial production at Valentine and said ramp-up challenges at Greenstone have been addressed. The company also announced an inaugural dividend and noted substantial debt reduction. Key developments: - The results reported are preliminary and unaudited for Q4 and the full year ended December 31, 2025. - Audited consolidated financial statements and accompanying management's discussion and analysis are scheduled for release later this month. - The merger with Calibre was described as creating a North American-focused gold producer anchored by two new long-life Canadian mines. - The company reported that ramp-up challenges at Greenstone were addressed and that Valentine delivered first gold and commercial production ahead of schedule. - Portfolio optimization was pursued through asset divestments, as reported by the company. - The company reported more than US$1.1 billion in debt reduction since Q2 2025 and announced an inaugural dividend. Summary: The company presented these results as part of a year of strategic change, combining a major merger, operational milestones, portfolio adjustments, and significant debt reduction. The next stated step is the release of audited consolidated financial statements and the management discussion and analysis later this month.