Orla Mining Ltd.TSX: OLA

Independent Proxy Advisory Firms Recommend Orla Shareholders Vote FOR the Arrangement Resolution in Connection with Proposed Business Combination with Equinox Gold

· Issued by Orla Mining Ltd. via CNW
  • Your vote is important, regardless of how many shares you own.

  • The Board of Directors of Orla unanimously recommends that Shareholders vote FOR the Arrangement Resolution.

  • Shareholders with questions or requiring assistance in voting are asked to contact Laurel Hill Advisory Group by calling 1-877-452-7184 (North America toll-free) or 1-416-304-0211 (international), by texting "INFO" to either 1-877-452-7184 or 1-416-304-0211, or by email at assistance@laurelhill.com.

VANCOUVER, BC, July 10, 2026 /CNW/ - Orla Mining Ltd. (TSX: OLA) (NYSE: ORLA) ("Orla" or the "Company") is pleased to announce that independent proxy advisory firms, including Institutional Shareholder Services ("ISS"), have recommended that shareholders of Orla ("Shareholders") vote FOR the special resolution (the "Arrangement Resolution") approving an arrangement (the "Arrangement") pursuant to a court-approved plan of arrangement under section 192 of the Canada Business Corporations Act, whereby Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold") will acquire all of the issued and outstanding common shares of Orla in accordance with the arrangement agreement entered into by Orla and Equinox Gold dated May 12, 2026.

The Board of Directors of Orla (the "Board") also unanimously recommends that shareholders vote FOR the Arrangement Resolution.

"The merger appears to make strategic sense, as the combined company is expected to benefit from a more diversified asset base, greater strategic optionality, and enhanced long-term production potential."

- ISS

"We are pleased that these leading independent proxy advisors have recognized the merits of our combination with Equinox Gold and the value-focused rationale supporting it.  The Board unanimously recommends that Shareholders vote FOR the Arrangement, and we encourage all shareholders to vote well in advance of the deadline of July 20, 2026 at 9:00 a.m. PT."

- Jason Simpson, President and Chief Executive Officer, Orla Mining

Special Meeting of Shareholders

The upcoming special meeting (the "Meeting") of Shareholders will be held on July 22, 2026 at 9:00 a.m. (Vancouver time) at the offices of Cassels Brock & Blackwell LLP, Suite 3100, Park Place, 666 Burrard Street, Vancouver, British Columbia, Canada V6C 2X8. The Meeting will be held in person.

How to Vote

Registered Shareholders

Non-Registered Shareholders

Common shares held in own name and represented by a physical certificate or DRS.

Common shares held with a broker, bank or other intermediary.

Internet

Telephone

1-866-732-8683

Dial the applicable number listed on the voting instruction form.

Mail

Return the proxy form in the enclosed postage paid envelope.

Return the voting instruction form in the enclosed postage paid envelope.

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