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EQX.TO ·

Equinox Gold Provides Corporate Update

Corporate Updates

TSX: EQX

NYSE-A: EQX

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

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

NEWS RELEASE

Equinox Gold Provides Corporate Update

April 15, 2020 – Vancouver, BC – Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the

“Company”) today provides a corporate update.

GDX and GDXJ Index Inclusion

Equinox Gold is pleased to announce that effective at market close on April 17, 2020, the Company will be added

to the GDX (VanEck Vectors Gold Miners ETF). On March 20, 2020, Equinox Gold was added to the GDXJ (VanEck

Vectors Junior Gold Miners ETF).

“Equinox Gold’s inclusion in both the GDX and GDXJ is a milestone for the Company, reflecting successful

execution of our growth strategy,” said Christian Milau, CEO of Equinox Gold. “Listing on the NYSE American and

graduating to the Toronto Stock Exchange last year, coupled with the increased scale of the Company following

the merger with Leagold Mining this year, have significantly increase d the Company’s liquidity and market

visibility, bringing additional trading flexibility and value to our investors.”

First Quarter Results

Equinox Gold will release its first quarter 2020 consolidated financial results on May 15, 2020. The Company will

discuss its first quarter results, along with an update on the Company’s business strategy and activities underway

at the Company’s projects, during a conference c all and webcast commencing at 2:00 pm Vancouver time on

May 15, 2020, directly after the Company’s annual general meeting. All participants will have an opportunity to

ask questions of Equinox Gold’s Chairman, CEO and executive team.

Conference call Toll-free in U.S. and Canada: 1-800-319-4610

International callers: +1 604-638-5340

Webcast www.equinoxgold.com

Filing of Annual Information Form and Form 40-F

Further to its press release on March 27, 2020, the Company is continuing to rely on temporary blanket relief

published by Canadian securities regulators to file its A nnual Information Form (“AIF”) for the year ended

December 31, 2019, and expects to file its AIF on or before May 15, 2020. The Company’s directors, officers and

other insiders are subject to a trading blackout until such time as the AIF is filed. The Company confirms that all

material business developments since the March 27 th news release have been press released and material

change reports filed on SEDAR at www.sedar.com.

The Company also intends to file its Annual Report on Form 40-F with the Securities and Exchange Commission

at the same time as the AIF.

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About Equinox Gold

Equinox Gold is a Canadian mining company with six producing gold mines, a multi- million-ounce gold reserve

base and a strong growth profile from two development projects and two expansion projects. Equinox Gold

operates entirely in the Americas , with two properties in the United States, one in Mexico and five in Brazil.

Equinox Gold’s common shares are listed on the TSX and the NYSE American under the trading symbol EQX .

Further information about Equinox Gold’s portfolio of assets and long -term growth stra tegy is available at

www.equinoxgold.com or by email at [email protected].

Equinox Gold Contacts

Christian Milau, Chief Executive Officer

Rhylin Bailie, Vice President, Investor Relations

Tel: +1 604-558-0560

Email: [email protected]

Cautionary Notes & Forward-looking Statements

This news release includes certain statements that constitute “forward- looking statements”, and “forward -looking

information” within the meaning of applicable securities laws collectively “forward- looking stat ements”. These include

statements regarding the growth potential of the Company . When used in this news release, words such as “will”,

“continuing”, “expects”, “intends”, “growth”, 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 terms. As well, forward- looking statements may relate to

future outlook and anticipated events, such as the intention to file its AIF and 40 -F within the allowable filing deadline, the

Company’s expectation of being added to the GDX on April 17, 2020, and the Company’s ability to operate its mines, advance

its development and expansion projects and achieve its growth objectives.

These forward-looking statements involve assumptions, numerous risks and uncertainties, certain of which are beyond the

Company’s control including risks associated with or related to the volatility of metal prices and the Company’s shares, there

being no significant disruptions affecting the Company’s operations or projects, risks related to the COVID -19 pandemic

including government and health authority responses and increased regulations and restrictions regarding the flow of

labour, materials and impact on the Company’s business, projects and operations, as well as the risk factors identified in

Equinox Gold’s year -end MD&A dated February 28, 2020, which is available on SEDAR at www.sedar.com and EDGAR at

www.sec.gov. 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 material ly from those expressed in or suggested by the forward-

looking statements. Forward- looking statements speak only as of the date those statements are made. The COVID -19

situation is changing rapidly and Equinox Gold will continue to review and adapt its res ponse protocols as the situation

unfolds, applying guidelines outlined by the World Health Organization and governments of countries within which the

Company operates. The extent to which COVID -19 (or any other disease, epidemic or pandemic) impacts business activity,

operations or financial results, and the duration of any such impact, will depend on future developments that are highly

uncertain and cannot be predicted, including new information that may emerge concerning COVID -19 and the actions

required to contain or treat its impact, among others. Except as required by applicable law, Equinox Gold 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 Equinox Gold updates any one or more forward -looking

statements, no inference should be drawn that t he 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.