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Kitco News
(Kitco News) – Pilar Gold, a private Canadian company with plans to seek a public listing later this year, announced today that on April 16, 2021, the company acquired the Pilar gold mine in Brazil from Equinox Gold for aggregate consideration of US$38 million in cash, a 9.9% equity interest in Pilar Gold, and a 1% net smelter returns royalty on production from the Pilar gold mine.
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