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Published on 1/18/2008 in the Prospect News PIPE Daily.

New Issue: Equinox Minerals wraps C$4.44 million private placement of stock

By Devika Patel

Knoxville, Tenn., Jan. 18 - Equinox Minerals Ltd. said it raised C$4.44 million in a private placement of common shares.

The company sold 823,752 common shares at C$5.39 per share to Ausenco Projects Ltd. and Bateman International Projects BV.

Based in Toronto, Equinox Minerals is an international mineral exploration and development company with a focus on base and precious metals.

Issuer:Equinox Minerals Ltd.
Issue:Common shares
Amount:C$4,440,023.28
Shares:823,752
Price:C$5.39
Warrants:No
Investors:Ausenco Projects Ltd., Bateman International Projects BV
Settlement date:Jan. 18
Stock symbol:Toronto: EQN
Stock price:C$4.89 at close Jan. 17

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