Equinox Gold shareholders approve share issuance for Orla Mining combination

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Summary · why it matters

Equinox Gold shareholders have approved the share issuance resolution needed for the company's proposed business combination with Orla Mining. At a special meeting, 99.83% of votes cast supported issuing up to 421,770,377 common shares to acquire all outstanding Orla shares, with 64.43% of Equinox Gold's outstanding shares represented. Orla securityholders also approved the arrangement at their own meeting earlier the same day. The transaction now requires a final court order from the Supreme Court of British Columbia, expected around July 28, 2026, and remains subject to other customary closing conditions, with completion anticipated on July 31, 2026.

Impact on assets 2

Materials▲ · 1 stocks
Equinox Gold Corp
EQX
▲ PositiveCapitalrelevance

Shareholders approved share issuance for acquisition of Orla Mining, a key step to complete the business combination.

Critical Materials & Supply Chain▲ · 1 stocks
Orla Mining Ltd
ORLA
▲ PositiveCapitalrelevance

Orla securityholders approved the arrangement, moving the acquisition forward.