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Equinox’s Toronto Office Helps Avoid Federal Review, Globe Says

March 1 (Bloomberg) -- Equinox Minerals Ltd., which makes most of its corporate decisions in Perth, Australia, may avoid a foreign investment review by the Canadian government because it’s based in Toronto, the Globe and Mail reported.

Equinox, which incorporated in Canada in 2004, offered this week to buy Toronto-based Lundin Mining Corp. for C$4.8 billion ($4.9 billion).

Equinox’s legal advisers say the bid won’t fall under the Investment Canada Act, in which the Canadian government reviews any bid worth more than C$300 million by a foreign investor, the newspaper said.

Related News and Information: Top Canadian news: {TOPC <GO>}

To contact the reporter on this story: Sean B. Pasternak in Toronto at

To contact the editor responsible for this story: David Scanlan at

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