<SEC-DOCUMENT>0000950142-20-000500.txt : 20200214
<SEC-HEADER>0000950142-20-000500.hdr.sgml : 20200214
<ACCEPTANCE-DATETIME>20200214135457
ACCESSION NUMBER:		0000950142-20-000500
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20200214
DATE AS OF CHANGE:		20200214
GROUP MEMBERS:		KESTREL HOLDINGS LTD.
GROUP MEMBERS:		ROSS BEATY

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Equinox Gold Corp.
		CENTRAL INDEX KEY:			0001756607
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-91223
		FILM NUMBER:		20617694

	BUSINESS ADDRESS:	
		STREET 1:		700 WEST PENDER ST., SUITE 1501
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 1G8
		BUSINESS PHONE:		604-558-0560

	MAIL ADDRESS:	
		STREET 1:		700 WEST PENDER ST., SUITE 1501
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 1G8

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Beaty Ross J
		CENTRAL INDEX KEY:			0001476537

	FILING VALUES:
		FORM TYPE:		SC 13G

	MAIL ADDRESS:	
		STREET 1:		1550- 625 HOWE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2T6
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>eh2000349_13g-equinox.htm
<DESCRIPTION>SCHEDULE 13G
<TEXT>
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    <div style="text-align: center; line-height: 1.25; margin-bottom: 12pt; font-weight: bold;">UNITED STATES<br>
      SECURITIES AND EXCHANGE COMMISSION<br>
      Washington, D.C. 20549</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">SCHEDULE 13G</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-weight: bold;">Under the Securities Exchange Act of 1934<br>
      </font><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">(Amendment No. ___)*</div>
    <div style="text-align: center; line-height: 1.25;"><br style="line-height: 1.25;">
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            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Equinox Gold Corp.</div>
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          <td style="width: 100%; vertical-align: top; border-top: #000000 2px solid;">
            <div style="text-align: center; line-height: 1.25;">(Name of Issuer)</div>
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            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Common Shares, no par value</div>
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            <div style="text-align: center; line-height: 1.25;">(Title of Class of Securities)</div>
          </td>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
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          <td style="width: 100%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; line-height: 1.25; color: #000000;">29446Y502</div>
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            <div style="text-align: center; line-height: 1.25;">(CUSIP Number)</div>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
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            <div style="text-align: center; line-height: 1.25; font-weight: bold;">December 31, 2019</div>
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            <div style="text-align: center; line-height: 1.25;">(Date of Event which Requires Filing of this Statement)</div>
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          <td colspan="2" style="vertical-align: top;">
            <div style="line-height: 1.25;">Check the appropriate box to designate the rule pursuant to which this Schedule is filed.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 10%; vertical-align: middle; text-align: center;">&#9744;</td>
          <td style="width: 90%; vertical-align: top;">
            <div style="line-height: 1.25;">Rule 13d-1(b)</div>
          </td>
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          <td style="width: 10%; vertical-align: middle; text-align: center;">&#9744;</td>
          <td style="width: 90%; vertical-align: top;">
            <div style="line-height: 1.25;">Rule 13d-1(c)</div>
          </td>
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          <td style="width: 10%; vertical-align: middle; text-align: center;">&#9746;</td>
          <td style="width: 90%; vertical-align: top;">
            <div style="line-height: 1.25;">Rule 13d-1(d)</div>
          </td>
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    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25; margin-bottom: 12pt;">*The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing
      information which would alter disclosures provided in a prior cover page.</div>
    <div style="line-height: 1.25; margin-bottom: 12pt;">The information required on the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&#8220;Act&#8221;) or otherwise subject to the
      liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</div>
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            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">CUSIP No. 29446Y502</div>
          </td>
          <td style="width: 60%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SCHEDULE 13G</div>
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            <div style="text-align: right; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">Page 2 of 6</div>
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            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">1</div>
          </td>
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            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">NAME OF REPORTING PERSON OR</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">I.R.S. IDENTIFICATION NO. OF ABOVE PERSON</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
              <div style="line-height: 1.25; font-family: 'Times New Roman';">Ross Beaty</div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
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            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">2</div>
          </td>
          <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
          </td>
          <td style="width: 10%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
            <div>(a)&#160; &#9744;</div>
            <div>(b)&#160; &#9744;</div>
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            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">3</div>
          </td>
          <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SEC USE ONLY</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
          </td>
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            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
          </td>
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            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">4</div>
          </td>
          <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
              <div style="line-height: 1.25; font-family: 'Times New Roman';">Canadian</div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
          </td>
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            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">NUMBER OF</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SHARES</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">BENEFICIALLY OWNED</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">BY EACH REPORTING</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">PERSON</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">WITH</div>
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          <td style="width: 4%; vertical-align: top; border-left: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">5</div>
          </td>
          <td style="width: 78%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SOLE VOTING POWER</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
              <div style="line-height: 1.25; font-family: 'Times New Roman';">14,318,098<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
            </div>
          </td>
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          <td style="width: 8%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">6</div>
          </td>
          <td style="width: 72%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SHARED VOTING POWER</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">0</div>
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            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">7</div>
          </td>
          <td style="width: 72%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SOLE DISPOSITIVE POWER</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
              <div style="line-height: 1.25; font-family: 'Times New Roman';">14,318,098<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> (1)</sup></div>
            </div>
          </td>
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          <td style="width: 8%; vertical-align: top; border-left: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">8</div>
          </td>
          <td style="width: 72%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SHARED DISPOSITIVE POWER</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">0</div>
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            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">9</div>
          </td>
          <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
              <div style="line-height: 1.25; font-family: 'Times New Roman';">14,318,098<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> (1)</sup></div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
          </td>
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          <td style="width: 10%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">10</div>
          </td>
          <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
          </td>
          <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#9744;</div>
          </td>
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          <td style="width: 10%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">11</div>
          </td>
          <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
              <div style="line-height: 1.25; font-family: 'Times New Roman';">12.5%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
          </td>
        </tr>
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          <td style="width: 10%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">12</div>
          </td>
          <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">TYPE OF REPORTING PERSON</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
              <div style="line-height: 1.25; font-family: 'Times New Roman';">IN</div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;">
        <div style="text-align: justify; line-height: 1.25;">(1) Represents (i) 11,959,277 common shares held by Ross Beaty, (ii) 1,044,070 common shares issuable on the conversion of warrants, options and performance restricted stock units held by Ross
          Beaty and (iii) 1,314,751 common shares held by Kestrel Holdings Ltd. a limited company organized under the laws of the Province of British Columbia, wholly owned and controlled by Ross Beaty.</div>
        <div style="text-align: justify; line-height: 1.25;">(2)<font style="font-weight: bold;">&#160;</font>Based on 114,482,333 shares outstanding, calculated as follows, (i)<font style="font-weight: bold;">&#160;</font><font style="color: #000000;">113,438,263
            common shares outstanding as of December 20, 2019, as reported on the Issuer&#8217;s Joint Management Information Circular, filed with the Securities and Exchange Commission on December 27, 2019, plus (ii) 1,044,070 common shares issuable on the
            conversion of warrants, options and performance restricted stock units held by Ross Beaty.</font></div>
      </div>
    </div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">CUSIP No. 29446Y502</div>
              </td>
              <td style="width: 60%; vertical-align: bottom;">
                <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SCHEDULE 13G</div>
              </td>
              <td style="width: 20%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="text-align: right; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">Page 3 of 6</div>
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        <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
        <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
        <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

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                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">1</div>
              </td>
              <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">NAME OF REPORTING PERSON OR</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">I.R.S. IDENTIFICATION NO. OF ABOVE PERSON</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
                  <div style="line-height: 1.25; font-family: 'Times New Roman';">Kestrel Holdings Ltd.</div>
                </div>
              </td>
              <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
              </td>
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                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">2</div>
              </td>
              <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
              </td>
              <td style="width: 10%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                <div>(a)&#160; &#9744;</div>
                <div>(b)&#160; &#9744;</div>
              </td>
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              <td style="width: 10%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">3</div>
              </td>
              <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SEC USE ONLY</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
              </td>
              <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top; border-left: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">4</div>
              </td>
              <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
                  <div style="line-height: 1.25; font-family: 'Times New Roman';">British Columbia</div>
                </div>
              </td>
              <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
              </td>
            </tr>

        </table>
        <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

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              <td rowspan="4" style="width: 18%; vertical-align: middle; border-left: #000000 2px solid; border-top: #000000 2px solid;">
                <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">NUMBER OF</div>
                <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SHARES</div>
                <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">BENEFICIALLY OWNED</div>
                <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">BY EACH REPORTING</div>
                <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">PERSON</div>
                <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">WITH</div>
              </td>
              <td style="width: 4%; vertical-align: top; border-left: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">5</div>
              </td>
              <td style="width: 78%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SOLE VOTING POWER</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
                  <div style="line-height: 1.25; font-family: 'Times New Roman';">1,314,751<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
                </div>
              </td>
            </tr>
            <tr>
              <td style="width: 8%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">6</div>
              </td>
              <td style="width: 72%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SHARED VOTING POWER</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">0</div>
              </td>
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              <td style="width: 8%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">7</div>
              </td>
              <td style="width: 72%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SOLE DISPOSITIVE POWER</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
                  <div style="line-height: 1.25; font-family: 'Times New Roman';">1,314,751<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
                </div>
              </td>
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              <td style="width: 8%; vertical-align: top; border-left: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">8</div>
              </td>
              <td style="width: 72%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">SHARED DISPOSITIVE POWER</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">0</div>
              </td>
            </tr>

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              <td style="width: 10%; vertical-align: top; border-left: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">9</div>
              </td>
              <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
                  <div style="line-height: 1.25; font-family: 'Times New Roman';">1,314,751<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
                </div>
              </td>
              <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
              </td>
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            <tr>
              <td style="width: 10%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">10</div>
              </td>
              <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
              </td>
              <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#9744;</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">11</div>
              </td>
              <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">
                  <div style="line-height: 1.25; font-family: 'Times New Roman';">1.2%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div>
                </div>
              </td>
              <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">12</div>
              </td>
              <td style="width: 80%; vertical-align: top; border-left: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">TYPE OF REPORTING PERSON</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">OO</div>
              </td>
              <td style="width: 10%; vertical-align: top; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
                <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">&#160;</div>
              </td>
            </tr>

        </table>
        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
        <div style="line-height: 1.25;">
          <div style="line-height: 1.25;">
            <div style="text-align: justify; line-height: 1.25;">(1) Represents 1,314,751 common shares held by Kestrel Holdings Ltd. a limited company organized under the laws of the Province of British Columbia, wholly owned and controlled by Ross Beaty.</div>
          </div>
          <div style="line-height: 1.25;">(2) Based on<font style="font-weight: bold;">&#160;</font><font style="color: #000000;">113,438,263 common shares outstanding as of December 20, 2019, as reported on the Issuer&#8217;s Joint Management Information Circular,
              filed with the Securities and Exchange Commission on December 27, 2019.</font></div>
        </div>
        <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;">&#160;</div>
        <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
          <div id="DSPFPageBreak" style="page-break-after: always;">
            <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
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            <div>
              <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

                  <tr>
                    <td style="width: 20%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                      <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">CUSIP No. 29446Y502</div>
                    </td>
                    <td style="width: 60%; vertical-align: bottom;">
                      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SCHEDULE 13G</div>
                    </td>
                    <td style="width: 20%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                      <div style="text-align: right; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">Page 4 of 6</div>
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              <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif;"> <br>
              </div>
            </div>
          </div>
        </div>
        <div>
          <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z399465b3538b45dbb7ee13a21a3a1949" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 12.31%; vertical-align: top;">
                  <div style="text-align: justify; line-height: 1.25; font-weight: bold;">ITEM 1.</div>
                </td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(a)</div>
                </td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Name of Issuer:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Equinox Gold Corp.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(b)</div>
                </td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Address of Issuer&#8217;s Principal Executive Offices:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Suite 1501, 700 West Pender St., Vancouver, BC, V6C 1G8</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">
                  <div style="text-align: justify; line-height: 1.25; font-weight: bold;">ITEM 2.</div>
                </td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(a)</div>
                </td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Name of Person Filing:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">(i) Ross Beaty</div>
                  <div style="line-height: 1.25;">(ii) Kestrel Holdings Ltd.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(b)</div>
                </td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Address of Principal Business Office, or if none, Residence:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">(i) 1550 &#8211; 625 Howe Street, Vancouver, BC, V6C 2T6</div>
                  <div style="line-height: 1.25;">(ii) 1550 &#8211; 625 Howe Street, Vancouver, BC, V6C 2T6</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(c)</div>
                </td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Citizenship:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">(i) Canadian</div>
                  <div style="line-height: 1.25;">(ii) British Columbia</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(d)</div>
                </td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Title of Class of Securities:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Common Shares</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(e)</div>
                </td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">CUSIP Number: 29446Y502</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">
                  <div style="text-align: justify; line-height: 1.25; font-weight: bold;">ITEM 3.</div>
                </td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25;"><font style="font-weight: bold;">IF THIS STATEMENT IS FILED PURSUANT TO </font>&#167;<font style="font-weight: bold;">240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:</font></div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Not applicable.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">
                  <div style="text-align: justify; line-height: 1.25; font-weight: bold;">ITEM 4.</div>
                </td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">OWNERSHIP.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(a)</div>
                </td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Amount beneficially owned:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">The information set forth in row 9 of the cover page for each Reporting Person is incorporated herein by reference.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(b)</div>
                </td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Percent of class:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">The information set forth in row 11 of the cover page for each Reporting Person is incorporated herein by reference.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(c)</div>
                </td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">
                  <div style="line-height: 1.25;">Number of shares as to which such person has:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td colspan="2" style="width: 82.09%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(i)</div>
                </td>
                <td style="width: 76.49%; vertical-align: top;">
                  <div style="line-height: 1.25;">Sole power to vote or to direct the vote:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 76.49%; vertical-align: top;">
                  <div style="line-height: 1.25;">The information set forth in row 5 of the cover page for each Reporting Person is incorporated herein by reference.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(ii)</div>
                </td>
                <td style="width: 76.49%; vertical-align: top;">
                  <div style="line-height: 1.25;">Shared power to vote or to direct the vote:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 76.49%; vertical-align: top;">
                  <div style="line-height: 1.25;">The information set forth in row 6 of the cover page for each Reporting Person is incorporated herein by reference.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(iii)</div>
                </td>
                <td style="width: 76.49%; vertical-align: top;">
                  <div style="line-height: 1.25;">Sole power to dispose or to direct the disposition of:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 76.49%; vertical-align: top;">
                  <div style="line-height: 1.25;">The information set forth in row 7 of the cover page for each Reporting Person is incorporated herein by reference.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">
                  <div style="line-height: 1.25;">(iv)</div>
                </td>
                <td style="width: 76.49%; vertical-align: top;">
                  <div style="line-height: 1.25;">Shared power to dispose or to direct the disposition of:</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 5.6%; vertical-align: top;">&#160;</td>
                <td style="width: 76.49%; vertical-align: top;">
                  <div style="line-height: 1.25;">The information set forth in row 8 of the cover page for each Reporting Person is incorporated herein by reference.</div>
                </td>
              </tr>
              <tr>
                <td colspan="4" style="width: 100%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">ITEM 5.</div>
                </td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25;">Not applicable.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">ITEM 6.</div>
                </td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td colspan="3" style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25;">Not applicable.</div>
                </td>
              </tr>

          </table>
          <div><br>
          </div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
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          <div>
            <div style="line-height: 1.25;">
              <div>
                <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

                    <tr>
                      <td style="width: 20%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                        <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">CUSIP No. 29446Y502</div>
                      </td>
                      <td style="width: 60%; vertical-align: bottom;">
                        <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SCHEDULE 13G</div>
                      </td>
                      <td style="width: 20%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">Page 5 of 6</div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <div><br>
          </div>
          <div><br>
          </div>
          <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 12.31%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">ITEM 7.</div>
                </td>
                <td style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25;">Not applicable.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">ITEM 8.</div>
                </td>
                <td style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25;">Not applicable.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">ITEM 9.</div>
                </td>
                <td style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">NOTICE OF DISSOLUTION OF GROUP.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25;">Not applicable.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">ITEM 10.</div>
                </td>
                <td style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25; font-weight: bold;">CERTIFICATION.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">
                  <div style="line-height: 1.25;">Not applicable.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 12.31%; vertical-align: top;">&#160;</td>
                <td style="width: 87.69%; vertical-align: top;">&#160;</td>
              </tr>

          </table>
          <div style="line-height: 1.25; margin-bottom: 18pt;"><br style="line-height: 1.25;">
          </div>
          <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
            <div style="page-break-after:always;" id="DSPFPageBreak">
              <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
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          <div style="text-align: center; line-height: 1.25; margin-bottom: 18pt; font-weight: bold;">
            <div>
              <div> <br>
              </div>
              <div style="line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 20%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                          <div style="line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">CUSIP No. 29446Y502</div>
                        </td>
                        <td style="width: 60%; vertical-align: bottom;">
                          <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SCHEDULE 13G</div>
                        </td>
                        <td style="width: 20%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">Page 6 of 6</div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
          </div>
          <div style="text-align: center; line-height: 1.25; margin-bottom: 18pt; font-weight: bold;">SIGNATURE</div>
          <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.</div>
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
          <div style="line-height: 1.25;">Dated:&#160; February 14, 2020</div>
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
          <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z66395501fbfb4dabae7953f322333d6a" border="0" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 50%; vertical-align: bottom;">&#160;</td>
                <td colspan="2" style="vertical-align: bottom;">&#160;</td>
                <td colspan="1" style="width: 10.43%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%; vertical-align: bottom;">&#160;</td>
                <td colspan="2" style="vertical-align: bottom;">&#160;</td>
                <td colspan="1" style="width: 10.43%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%; vertical-align: bottom;">&#160;</td>
                <td colspan="2" style="vertical-align: bottom;">&#160;</td>
                <td colspan="1" style="width: 10.43%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%; vertical-align: bottom;">&#160;</td>
                <td style="width: 5%; vertical-align: bottom;">&#160;</td>
                <td style="width: 35%; vertical-align: bottom;">&#160;</td>
                <td colspan="1" style="width: 10.43%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
                <td style="width: 5%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
                <td style="width: 35%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div style="line-height: 1.25;">/s/ Ross Beaty</div>
                </td>
                <td colspan="1" style="width: 10.43%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%; vertical-align: top;">&#160;</td>
                <td style="width: 5%; vertical-align: top;">&#160;</td>
                <td style="width: 35%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0);">
                  <div style="line-height: 1.25;">ROSS BEATY</div>
                </td>
                <td colspan="1" style="width: 10.43%; vertical-align: top;">&#160;</td>
              </tr>

          </table>
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
          <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="ze37635e473564c5588c1162898da6b4c" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 50%; vertical-align: bottom;">&#160;</td>
                <td colspan="2" style="vertical-align: bottom;">
                  <div style="line-height: 1.25; font-weight: bold;">KESTREL HOLDINGS LTD.</div>
                </td>
                <td colspan="1" style="width: 10.43%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%; vertical-align: bottom;">&#160;</td>
                <td colspan="2" style="vertical-align: bottom;">&#160;</td>
                <td colspan="1" style="width: 10.43%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%; vertical-align: bottom;">&#160;</td>
                <td colspan="2" style="vertical-align: bottom;">&#160;</td>
                <td colspan="1" style="width: 10.43%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
                <td style="width: 5%; vertical-align: top; padding-bottom: 2px;">
                  <div style="line-height: 1.25;">By:</div>
                </td>
                <td style="width: 35%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div style="line-height: 1.25;">/s/ Ross Beaty</div>
                </td>
                <td colspan="1" style="width: 10.43%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%; vertical-align: top;">&#160;</td>
                <td style="width: 5%; vertical-align: top;">&#160;</td>
                <td style="width: 35%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0);">
                  <div style="line-height: 1.25;">Name: Ross Beaty</div>
                </td>
                <td colspan="1" style="width: 10.43%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%; vertical-align: top;">&#160;</td>
                <td style="width: 5%; vertical-align: top;">&#160;</td>
                <td style="width: 35%; vertical-align: top;">
                  <div style="line-height: 1.25;">Title: President</div>
                </td>
                <td colspan="1" style="width: 10.43%; vertical-align: top;">&#160;</td>
              </tr>

          </table>
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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          <div style="line-height: 1.25;"><br>
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          <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
            <div style="page-break-after:always;" id="DSPFPageBreak">
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          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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          <div style="text-align: center; line-height: 1.25; margin-bottom: 12pt; font-weight: bold;">JOINT FILING AGREEMENT<br>
            PURSUANT TO RULE 13d-1(k)</div>
          <div style="text-indent: 36pt; line-height: 1.25; margin-bottom: 12pt;">The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this
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            amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the
            extent that he or it knows or has reason to believe that such information is inaccurate.</div>
          <div style="line-height: 1.25;">DATE: February 14, 2020</div>
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                  <div style="line-height: 1.25; font-weight: bold;">KESTREL HOLDINGS LTD.</div>
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