Article: Equinox Closes First Tranche of US$30 million Private Placement to ZCCM Investments Holdings

TORONTO, ONTARIO--(CCNMatthews - April 3, 2006) -

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Equinox Minerals Limited (TSX:EQN)(ASX:EQN) ("Equinox" or the "Company") is pleased to announce that it has successfully closed the first of two tranches of its non-brokered US$30 million private placement of Equinox common shares ("Shares") to ZCCM Investments Holdings Plc (LSE: ZCC) ("ZCCM") as announced on March 22, 2006.

Equinox raised gross proceeds of C$17,440,500 (US$15,000,000) from this initial placement of 9,227,777 Shares issued to ZCCM on March 31, 2006 ...

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