Equitas Resources Secures Innovative Funding For a Unique Gold Production Opportunity

ZURICH, SWITZERLAND / ACCESSWIRE / June 7, 2016 / Today, an update on Equitas Resources Corp. (TSX.V: EQT) was published by Stephan Bogner from Rockstone Research as the company was halted trading yesterday at the open and disclosed earlier today to have signed a long-term funding agreement with CRH (Cartesian Royalty Holdings Pte. Ltd., an affiliate of Cartesian Capital Group, a global private equity fund managing in excess of $2.5 billion USD).

When you look around in today’s gold space, this $6 million USD deal is quite “innovative,” as CEO Chris Harris called it. However it is more than that, it’s quite generous and highly advantageous for Equitas. The company is now in the enviable position to have attracted a committed and strong financial partner for the long haul, which will not only result in advancing to production quicker than expected but also with less risks for shareholders.

With this long-term funding agreement in place, Equitas will also be ready, willing, and able for further acquisition opportunities in Brazil. Today’s deal provides strong protection against future shareholder dilution over the next 5 years, during which time the $6 million USD is expected to more than cover the projected development and acquisition expenditure for its Cajueiro Gold Mining Project in the Mato Grosso and Para states of Brazil.

The full research report can be accessed with the following links:

English (PDF):
http://rockstone-research.com/images/PDF/Equitas12en.pdf

English (web version):
http://rockstone-research.com/index.php/en/research-reports/1153-Equitas-secures-innovative-funding-for-an-unique-opportunity

German (PDF):
http://rockstone-research.com/images/PDF/Equitas12de.pdf

Disclaimer: Please read the full disclaimer within the full research
report as a PDF as fundamental risks and conflicts of interest exist.

SOURCE: Rockstone Research

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