Equinox Gold Shareholders Approve Business Combination with Orla Mining
Equinox Gold Shareholders Approve Business Combination with Orla Mining
VANCOUVER, British Columbia, July 22, 2026 -- Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or
the “Company”) is pleased to announce that Equinox Gold shareholders have approved the share issuance resolution at a
Special Meeting of Shareholders (“Meeting”) held this morning in connection with the proposed business combination (the
“Arrangement”) with Orla Mining Ltd. (TSX: OLA; NYSE American: ORLA) (“Orla”).
Anticipated Timeline for Completion of the Arrangement
Orla securityholders also approved the Arrangement at their meeting held earlier today. With approval by Equinox Gold
shareholders and Orla securityholders in hand, Orla will seek a final order from the Supreme Court of British Columbia to
approve the Arrangement at a hearing expected to be held on, or about July 28, 2026. In addition to court approvals, the
Arrangement is subject to applicable regulatory approvals, including both Canadian and Mexican competition authorization,
which have both been received, approval of the listing of the Equinox Gold common shares to be issued under the
Arrangement on the Toronto Stock Exchange and NYSE American Exchange, and the satisfaction of certain other closing
conditions customary for an Arrangement of this nature. If all conditions are satisfied or waived, the Arrangement is expected
to close on July 31, 2026.
Voting Results
The share issuance resolution voted on at the Meeting is described in detail in the Company’s Management Information
Circular dated June 19, 2026, which is available on the Company’s website at www.equinoxgold.com. A total of 508,415,718
common shares were represented at the meeting, being 64.43% of the Company’s issued and outstanding common shares.
Resolution Votes For Votes Against
To approve the issuance of up to 421,770,377 common shares of the
Company in connection with the acquisition by the Company of all the
outstanding common shares of Orla
507,548,903 (99.83%) 866,815 (0.17%)
Equinox Gold Contact
Ryan King
Executive Vice President, Capital Markets
T: +1 778.998.3700
Cautionary Note Regarding Forward-looking Statements
This news release contains certain forward-looking information and forward-looking statements within the meaning of
applicable securities legislation and may include future-oriented financial information or financial outlook information
(collectively “Forward-looking Information”). All statements other than statements of historical fact may be Forward-looking
Information. Forward-looking Information in this news release relates to, among other things: statements about the Company’s
ability to complete the conditions required to close the Arrangement; and the timing for closing of the Arrangement. Actual
results and outcomes may vary from the information set out in any Forward-looking Information. Forward-looking Information is
generally identified using words like “will”, “anticipate”, “expect”, and similar expressions and phrases or statements that
certain actions, events or results “may”, “could”, or “should”, or the negative connotation of such terms, are intended to identify
Forward-looking Information. Although Equinox Gold believes the expectations reflected in the Forward-looking Information are
reasonable, undue reliance should not be placed on Forward-looking Information since no assurance can be provided that
such expectations will prove to be correct. Forward-looking Information is based on information available at the time those
statements are made and/or good faith belief of the officers and directors of Equinox Gold as of that time with respect to
future events and are subject to risks and uncertainties that could cause actual results to differ materially from those
expressed in or suggested by the Forward-looking Information. Forward-looking Information involves numerous risks and
uncertainties. Such factors include, without limitation: the risk that the Arrangement may not be completed on time or at all;
the failure to satisfy the conditions to the consummation of the Arrangement; the ability to achieve the anticipated benefits of
the Arrangement; risks relating to changes in the gold price; risks related to new members of management and the Board of
Directors of the combined company; the ability to work successfully with First Nations and Indigenous partners and local
communities; and the factors include those described in the section “Risk Factors” in the Company’s Management
Information Circular dated June 19, 2026, in the section titled “Risks and Uncertainties” in the Company’s MD&A dated
February 20, 2026 for the year ended December 31, 2025, and in the section titled “Risks Related to the Business” in Equinox
Gold’s most recently filed Annual Information Form, all of which are available on SEDAR+ at www.sedarplus.ca and on
EDGAR at www.sec.gov/edgar. Forward-looking Information is designed to help readers understand Equinox Gold’s views as of
that time with respect to future events and speak only as of the date they are made. 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
Information 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 Information. If Equinox Gold updates any one or more
forward-looking statements, no inference should be drawn that Equinox Gold will make additional updates with respect to
those or other Forward-looking Information. All Forward-looking Information contained in this news release is expressly
qualified in its entirety by this cautionary statement.