Equinox Gold has filed and mailed meeting materials for a special shareholder meeting on July 22, 2026, to vote on the proposed business combination with Orla Mining. Shareholders will be asked to approve the issuance of up to 421,770,377 common shares in connection with the arrangement, under which each Orla share would be exchanged for 1.00 Equinox Gold share and US$0.0001 in cash. If completed, existing Equinox Gold and former Orla shareholders would own approximately 67% and 33% of the combined company, respectively, which would continue as Equinox Gold Corp. trading on the TSX and NYSE American under ticker EQX. The board of directors of both companies unanimously recommends a vote in favor, and the proxy voting deadline is 9:00 a.m. Vancouver time on July 20, 2026. The combined entity is expected to produce 1.1 million ounces of gold annually from six North American mines, with a growth path to more than 1.9 million ounces, and generate approximately $1.4 billion in free cash flow in 2026 based on analyst consensus estimates.
Equinox Gold CorpMerger with Orla Mining expected to create a combined company with significant gold production and free cash flow, unanimously recommended by both boards.
Orla Mining LtdOrla Mining shareholders to receive 1.00 Equinox Gold share per Orla share, with the combined entity expected to generate substantial free cash flow and growth.