Orla Mining Ltd.

Orla Mining Ltd. outlined its corporate strategy to acquire, develop, and operate mineral properties to enhance stakeholder value. The company currently holds three 100% owned material projects: the Camino Rojo gold and silver mine in Mexico, the Musselwhite underground gold mine in Canada, and the South Railroad feasibility-stage gold project in Nevada, USA. Camino Rojo and Musselwhite are operating mines, while South Railroad is a development project.

Orla Mining Ltd. announced the mailing of meeting materials and receipt of an interim order for a special meeting of shareholders to approve its business combination with Equinox Gold Corp. The meeting is scheduled for July 22, 2026, where shareholders will vote on the Arrangement Resolution. Under the terms, each Orla share will be exchanged for 1.00 Equinox share and $0.0001 in cash, with Orla shareholders expected to own approximately 33% of the combined company. The Board of Directors unanimously recommends shareholders vote in favor of the Arrangement, which is expected to create a new North American senior gold producer with significant production, reserves, and financial strength.

Orla Mining Ltd. shareholders will vote on July 22, 2026, on a proposed arrangement where Equinox Gold Corp. will acquire all outstanding Orla shares. Each Orla share will be exchanged for 1.00 Equinox common share and US$0.0001 in cash. The Board unanimously recommends shareholders approve the merger, which is expected to create a new North American senior gold producer with significant production and financial strength.

Orla Mining Ltd. announced that all resolutions proposed at its Annual General and Special Meeting of Shareholders, held on June 16, 2026, were successfully approved. Shareholders re-elected all nine director nominees, including Charles Jeannes with 99.91% support and Jean Robitaille with 92.08% support. Additionally, the appointment of Deloitte LLP as the company's auditors was approved with 99.92% of votes, and a non-binding advisory "Say-on-Pay" resolution on executive compensation also passed with 97.07% approval.

Orla Mining Ltd. reported the voting results from its Annual General and Special Meeting of Shareholders (AGM) held on June 16, 2026. All nine nominees for the Board of Directors were elected. Shareholders also approved the appointment of Deloitte LLP as the company's auditor and passed a non-binding advisory resolution on executive compensation.

Orla Mining Ltd. reported an illegal work stoppage and blockade by unionized workers at its Camino Rojo Mine in Mexico, which began on June 1, 2026, leading to a temporary halt in operations. The dispute stemmed from negotiations regarding a worker productivity bonus and profit-sharing entitlement. The company announced on June 5, 2026, that the blockade had ended and operations had resumed, with dialogue continuing between management, employees, and the union. Orla Mining reiterated its 2026 gold production guidance for Camino Rojo of 110,000 to 120,000 ounces.

Orla Mining Ltd. is actively engaging with its employees and union leadership, with the support of federal labor authorities, to reach a mutually beneficial agreement on a productivity bonus. This dialogue aims to resolve a matter that previously led to a work stoppage at its Camino Rojo mine in Mexico. President and CEO Jason Simpson emphasized the company's commitment to a resolution. Orla Mining's corporate strategy involves acquiring, developing, and operating mineral properties, with its three material projects being Camino Rojo, Musselwhite Mine, and South Railroad.

Orla Mining provided an update on the work stoppage and illegal blockade at its Camino Rojo Mine in Zacatecas, Mexico, which halted operations since June 1. Following a meeting with union representatives and the Mexican Department of Federal Labour Conciliation, the Labour Authority confirmed the blockade is illegal. The union leadership has committed to communicating the need to lift the blockade and resume safe, normal operations by the evening of June 4. Negotiations on productivity bonus payments will resume contingent on the restoration of normal mine operations.

Orla Mining Ltd. is facing an illegal work stoppage and blockade at its Camino Rojo gold and silver mine in Mexico. The disruption was initiated by the unionized workforce due to objections over the profit-sharing entitlement, despite the company having paid the maximum stipulated by Mexican law. Orla is actively engaged in dialogue with union leadership and has a meeting scheduled with the Department of Federal Labour Conciliation to facilitate the return of employees and the safe resumption of operations. The company plans to assess and provide an update on any potential impact to its full-year production guidance for Camino Rojo.

Orla Mining Ltd. and Equinox Gold Corp. announced a definitive arrangement agreement for Equinox to acquire all outstanding common shares of Orla. Orla shareholders will receive 1.00 Equinox Share and a nominal cash payment of US$0.0001 for each Orla Share. The combined entity, New Equinox Gold, is estimated to have an implied market capitalization of US$18.5 billion, with existing Equinox shareholders owning approximately 67% and former Orla shareholders owning 33%. The transaction, unanimously approved by both boards, is subject to shareholder and regulatory approvals, including Canadian and Mexican competition authorization, and is expected to close in Q3 2026.