Equinox Gold Corp. (TSXV:EQX) announced that it will receive CAD 19,215,000 from Pacific Road Resources Fund II and Pacific Road Resources fund II L.P., funds managed by existing investor Pacific Road Capital Management Pty Limited on January 15, 2018. The company will issue 21,000,000 common shares at a price of CAD 0.915 per share. The investor will hold 44,824,968 common shares representing approximately 10.1% of the company’s outstanding common shares. The transaction is subject to approval of TSX Venture Exchange.