The company said pro forma annual gold production guidance rose to roughly 1.1 million ounces, while its dividend was increased by 50% after the deal closed.
Equinox Gold said it closed its merger with Orla, lifted pro forma (combined-company basis) annual gold output guidance to about 1.1 million ounces and increased its dividend by 50%. The update points to a larger combined production profile and a higher cash return to shareholders following the transaction.