Before joining Minefinders, Mr. Bailey held senior positions with Equinox Resources Inc.
For the purposes of this paragraph, "Scheme of Arrangement" means the scheme of arrangement under Australian law in 2004 whereby shares of Equinox Resources Limited were transferred to Equinox in exchange for common shares of Equinox pursuant thereto.
The Offer was made by the Company through its wholly-owned subsidiary Equinox Resources Limited.
The unaudited pro forma consolidated financial statements (the "Statements") give effect to the acquisition (the "Acquisition") by Equinox Resources Limited, a wholly owned subsidiary of Equinox Minerals Limited (the "Company"), of all of the outstanding common shares (the "Citadel Common Shares") as if they occurred on September 30, 2009 for the purposes of the pro forma consolidated balance sheet and as at January 1, 2009, for the purposes of the pro forma consolidated statement of earnings.
The Citadel Offer was made by Equinox through its wholly-owned subsidiary Equinox Resources Limited.