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Equinox Gold Welcomes François Bellemare to Board of Directors

AInvestThursday, Oct 10, 2024 6:15 pm ET
1min read
Equinox Gold Corp. has announced a significant change to its Board of Directors, with the appointment of François Bellemare effective January 1, 2022. Mr. Bellemare replaces Tim Breen as Mubadala Investment Company's Board appointee and will also serve on Equinox Gold's Environment, Social and Governance (ESG) Committee. This strategic move brings a wealth of experience and expertise to the company, further strengthening its governance and sustainability initiatives.


Mr. Bellemare's extensive background in the mining sector, including deal origination, project development, financing, and joint ventures, will undoubtedly influence Equinox Gold's acquisition strategy. His involvement in the ESG Committee will also be instrumental in driving the company's sustainability initiatives, ensuring that Equinox Gold continues to prioritize environmental, social, and governance factors in its operations.

The replacement of Tim Breen by François Bellemare reflects Mubadala Investment Company's evolving investment strategy in the mining sector. As a long-standing member of Mubadala's Direct Investments platform, Mr. Bellemare brings a deep understanding of the sector and a proven track record in deal execution and partnerships. This change signals Mubadala's commitment to supporting Equinox Gold's growth and sustainability objectives.


The change in board composition is expected to strengthen Equinox Gold's relationship with its other major shareholders and stakeholders. With the addition of Mr. Bellemare's expertise and experience, the company is well-positioned to navigate the complexities of the mining sector and deliver on its long-term growth strategy. This strategic move underscores Equinox Gold's commitment to strong governance and sustainable practices, further enhancing its reputation in the industry.
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