Equinox Gold Announces Planned Share Consolidation to Pursue U.S. Listing

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 Planned Share Consolidation to Pursue U.S. Listing

August 6, 2019 – Vancouver, BC – Equinox Gold Corp . (TSX-V: EQX, OTC: EQX FF) (“ Equinox Gold” or the

“Company”) is pleased to announce that its B oard of Directors has approved a consolidation (the

“Consolidation”) of the common shares of the Company on a five -to-one basis. The Company currently has

566,235,062 common shares outstanding and if completed, the Consolidation would reduce the issued and

outstanding common shares to approximately 113,247,012 common shares. Subject to TSX Venture

Exchange approval, the Company anticipates that the Consolidation will take effect on or around August 20,

2019, at which time its common shares will trade on a consolidated basis under the existing name and trading

symbol. Completion of the Consolidation will allow the Company to pursue a dual listing on a U.S. stock

exchange.

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]

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.

Cautionary Notes and Forward-looking Statements

This news release includes certain statements tha t constitute “forward -looking statements”, and “forward- looking information”

within the meaning of applicable securities laws collectively “forward -looking statements”. These include statements regarding the

Company’s intent, or the beliefs or current expectations of the Company’s officers and directors. When used in this new release, words

such as “will”, “would”, “subject to”, “anticipates”, “at which time ”, “will allow ”, “pursue” and similar expressions are intended to

identify these forward- looking statements as well as phrases or statements that certain actions, events or results “may”, “could”,

“would”, “should”, “occur” or “be achieved” or the negative connotation of such term s. As well, forward -looking statements may

relate to the Company’s future outlook and anticipated events, such as the Company’s intention to consolidate its shares in order to

pursue a listing on a U.S. stock exchange. Forward-looking statements are based on information available at the time those statements

are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and

uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-

looking statements. Forward -looking statements speak only as of the date those statements are made. Except as required by

applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-

looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in

assumptions or changes in other factors affecting the forward-looking statements. If the Company updates any one or more forward-

looking statements, no inference should be drawn that the Company will make additional updates with respect to those or other

forward-looking statements. All forward-looking statements contained in this news release are expressly qualified in their entirety by

this cautionary statement.