Why Is Equinox Resources Offering 21.8 Million Quoted Options Now?

• Offer of 21,789,453 quoted options including 15,789,453 free-attaching to placement participants
• 6,000,000 options allocated to lead manager as corporate advisory consideration
• Options exercisable at $0.145 each, expiring three years from issue
• Potential to raise approximately $3.16 million if all options exercised