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EQX.TO ·

Equinox Gold and Solaris Copper Announce Completion of Arrangement

Mergers & Acquisitions

TSX-V: EQX

OTC: EQXGF

NEWS RELEASE

Equinox Gold and Solaris Copper Announce Completion of Arrangement

August 3, 2018 – Vancouver, BC – Equinox Gold Corp. (TSX-V: EQX, OTC: EQXGF) (“Equinox Gold”) and

Solaris Copper Inc. (“Solaris Copper”) are pleased to announce that they have completed the previously

announced plan of arrangement under the Business Corporations Act (British Columbia) (the

“Arrangement”) with Equinox Gold’s securityholders effective as at 12:01 a.m. (Vancouver time) (the

"Effective Time") on August 3, 2018 (the “Effective Date”).

Pursuant to the Arrangement, the owners of common shares of Equinox Gold will receive: (i) one new

common share of Equinox Gold for each common share of Equinox Gold held at the close of business on

August 2, 2018; and (ii) one-tenth of a Solaris Copper share for each common share of Equinox Gold held

at the close of business on August 2, 2018 . For further details, please refer to the Company’s

management information circular dated June 20, 2018, which is available at www.sedar.com.

Early Warning

Prior to the closing of the Arrangement, Equinox Gold completed an internal reorganization (the

“Internal Reorganization”) on August 2, 2018, in which certain assets of Equinox Gold were transferred

to Solaris Copper. Prior to the Internal Reorganization, Equinox Gold held the only Solaris Copper s hare

issued and outstanding. Following the Internal Reorganization and Arrangement, Equinox Gold had

ownership and control over 29,775,514 Solaris Copper s hares, representing 40% of the issued and

outstanding Solaris Copper s hares. Equinox Gold holds the Solaris Copper s hares for investment

purposes and may or may not purchase or sell securities of Solaris Copper in the future, depending on

market conditions and other factors. Equinox Gold currently has no other plans or intentions that relate

to its investment in Solaris Copper. Depending on market conditions, general economic and industry

conditions, Solaris Copper’s business and financial condition and/or other relevant factors, Equinox Gold

may develop other plans or intentions in the future relating to one or more of the above items.

For further information and to obtain a copy of the early warning report filed under applicable Canadian

securities laws in connection with the acquisition of Solaris Copper shares by Equinox Gold, please see

Solaris Copper’s SEDAR profile at www.sedar.com.

Equinox Gold Contacts

Christian Milau, CEO

Rhylin Bailie, Vice President Investor Relations

Tel: +1 604-558-0560

Email: [email protected]

Solaris Copper Contact

Greg Smith, President and CEO

Tel: +1 604-558-0560

Cautionary Notes and Forward-Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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This document contains forward -looking statements within the meaning of applicable securities legislation. The use of the

words “will”, “expected ”, “plans”, “intentions”, “may” and similar expressions are intended to identify forward -looking

statements. Forward -looking statements include, but are not limited to, reference to events or conditions that will occur

including the issuance of securities pursuant to the Arrangement and discussion of future plans . Forward -looking

statements reflect management’s current beliefs, expectations and assumptions and are based o n information currently

available to management, management’s historical experience, perception of trends and current business conditions,

expected future developments and other factors which management considers appropriate. Equinox Gold and Solaris

Copper have made certain assumptions with respect to, among other things, the future potential of both Equinox Copper

and Solaris Copper and the expectation that each of Equinox Gold and Solaris Copper will comply with the terms and

conditions of the Arrang ement. Readers are cautioned not to place undue reliance on forward -looking statements, as

there can be no assurance that the future circumstances, outcomes or results anticipated or implied by such forward -

looking statements will occur or that plans, inte ntions or expectations upon which the forward -looking statements are

based will occur. By their nature, forward -looking statements involve known and unknown risks and uncertainties and

other factors that could cause actual results to differ materially from those contemplated by such statements. For a

further description of these and other factors that could cause actual results to differ materially from the forward -looking

statements included in this news release, see the risks outlined in the management information circular and other risks as

described from time to time in the reports and disclosure do cuments filed by Equinox Gold and Solaris Copper with the

Canadian securities regulatory agencies and commissions. Furthermore, the forward -looking statements contained in this

news release are made as at the date of this news release and Equinox Gold and Solaris Copper do not undertake any

obligations to publicly update and/or revise any of the included forward -looking statements, whether as a result of

additional information, future events and/or otherwise, except as may be required by a pplicable securities laws.