Equinox Gold to buy Orla Mining in all-share deal, 1-for-1 exchange ratio

• Equinox Gold agreed to acquire Orla Mining in a share-and-cash deal that values each Orla share at 1 Equinox share plus USD 0.0001 in cash.
• The agreement sets a deadline of Aug. 15, 2026 for both companies to hold shareholder meetings to vote on the deal.
• The transaction includes a breakup fee of USD 250 million if Orla terminates under specified circumstances, or USD 475 million if Equinox terminates under specified circumstances.
• The agreement sets an outside date of Nov. 12, 2026 to complete the transaction.
• At closing, Equinox plans to expand its board to 11 directors, adding five Orla director nominees.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orla Mining Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-064974), on May 21, 2026, and is solely responsible for the information contained therein.