SCHEDULE 13D/A: Ross Beaty Affirms Significant 5.9% Stake in Equinox Gold Corp.
Beneficial Ownership Report
Ross Beaty, a prominent investor, has filed an amendment to his Schedule 13D, confirming his beneficial ownership of 5.9% of Equinox Gold Corp.'s common shares.
Summary
- Ross Beaty beneficially owns a total of 26,781,487 common shares of Equinox Gold Corp.
- This ownership represents 5.9% of the company's outstanding common shares.
- The beneficial ownership is comprised of 23,988,890 common shares held directly by Ross Beaty, 80,846 common shares issuable upon conversion of restricted stock units (RSUs) held by Ross Beaty, and 2,711,751 common shares held by Kestrel Holdings Ltd., a limited company wholly-owned and controlled by Ross Beaty.
- The percentage of ownership is calculated based on 455,476,702 common shares outstanding, which includes 455,395,856 common shares outstanding as of November 6, 2024, plus the 80,846 common shares issuable from RSUs.
Sentiment
Score: 5
Explanation: The document is a factual, regulatory filing detailing beneficial ownership, with no inherent positive or negative sentiment regarding company performance or outlook.
Future Outlook
NA
Industry Context
This filing provides an update on a significant individual's ownership stake in Equinox Gold Corp., a company operating in the gold mining sector. Such filings are standard disclosures for major shareholders and do not inherently reflect broader industry trends, though a prominent investor's continued stake can signal confidence in the sector or specific company.
Related Party Transactions
- Ross Beaty's beneficial ownership includes 2,711,751 common shares held by Kestrel Holdings Ltd., a limited company wholly-owned and controlled by Ross Beaty.
Stakeholder Impact
- Shareholders: Provides transparency regarding the ownership stake of a significant individual investor, Ross Beaty, and his controlled entity, Kestrel Holdings Ltd.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date as of which 455,395,856 Common Shares were outstanding for calculation purposes. |
| 01/12/2025 | Date of event which requires filing of this statement. |
| 01/14/2025 | Date of filing and signature by Ross Beaty. |
Keywords
Equinox Gold Corp., Ross Beaty, Kestrel Holdings Ltd., Beneficial Ownership, Schedule 13D, Common Shares, Gold Mining, Shareholder Stake, SEC Filing
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