Equinox Gold Announces Conversion of Debenture Held by Sandstorm

TSX-V: EQX

OTC: EQXFF

Suite 1501 – 700 West Pender St., Vancouver, BC Canada V6C 1G8

[email protected] +1 604.558.0560 www.equinoxgold.com

NEWS RELEASE

Equinox Gold Announces Conversion of Debenture Held by Sandstorm

All amounts are in United States dollars unless otherwise indicated

June 28, 2019 – Vancouver, BC – Equinox Gold Corp . (TSX-V: EQX, OTC: EQX FF) (“ Equinox Gold” or the

“Company”) is pleased to announce that in accordance with the terms of a secured convertible debenture in

favour of Sandstorm Gold Ltd. (“ Sandstorm”) dated June 30, 2015, as amended, Equinox Gold has issue d

11,139,175 common shares of the Company (“ Common Shares”) to Sandstorm at a conversion price of

C$1.23 to repay $9,000,000 in principal ( 9,593,415 Common Shares) and $1,450,145 in accrued interest

(1,545,760 Common Shares).

On Behalf of the Board of Equinox Gold Corp.

“Christian Milau”

CEO & Director

Equinox Gold Contacts

Christian Milau, CEO

Rhylin Bailie, Vice President Investor Relations

Tel: +1 604-558-0560

Email: [email protected]

Cautionary Notes

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.