Equinox Exploration Corp. Closes Financing

608, 1199 West Pender Street Vancouver, BC V6E 2R1 Tel: (604) 687-0300 Fax: (604) 687-0151

EQUINOX EXPLORATION CORP.

(TSX.V - EQX)

News Release

Equinox Exploration Corp. Closes Financing

Vancouver, B.C. March 26, 2012………. Equinox Exploration Corp. (EQX.V) wishes to announce that it has closed a non-brokered private placement for gross proceeds to the company totaling $1,325,200. The company has issued 8,834,668 common shares at a price of $0.15 with a share purchase option, exercisable at $0.20 for a one year term to March 23, 2013. The shares have a hold period to July 24, 2012. The proceeds will be used for acquisition costs and exploration work on the Chilean property announced on February 22, 2012 and general working capital.

The Company also paid finder’s fees to Haywood Securities Inc. of $10,500 and issued 70,000 broker warrants, exercisable for a one year term at $0.20 and paid $24,900 and issued 196,000 broker warrants, to Jordan Capital exercisable for a one year term at $0.20.

On behalf of the Board of Directors

EQUINOX EXPLORATION CORP.

Joshua Bleak, President

For further information please contact: Clive Mostert at (780) 920-7670.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes certain statements that may be deemed “forward‐looking statements”. All statements in this release,  other than statements of historical facts, including the likelihood of commercial mining and possible future financings are  forward‐looking statements. Although the Company believes the expectations expressed in such forward‐looking statements are  based on reasonable assumptions, such statements are not guarantees of future performance and actual results or  developments may differ materially from those in the forward‐looking statements. Factors that could cause actual results to  differ materially from those in forward‐looking statements include unsuccessful exploration results, changes in metals prices,  changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general  economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those  projected in the forward‐looking statements. For more information on the Company and the risks and challenges of its business,  investors should review the Company’s annual filings that are available at www.sedar.com