Mr. Greg Smith reports

EQUINOX GOLD COMPLETES $172.5 MILLION CONVERTIBLE SENIOR NOTES BOUGHT DEAL OFFERING

Equinox Gold Corp. has closed its previously announced bought-deal offering of $172.5-million aggregate principal amount of 4.75 per cent unsecured convertible senior notes due 2028, which includes exercise of the full amount of the option to purchase an additional $22.5-million aggregate principal amount of notes. The conversion rate for the 2028 notes is 158.7302 common shares of Equinox Gold per $1,000 principal amount of the 2028 notes, equivalent to a conversion price of $6.30 per share. The company intends to use the net proceeds of the offering for repayment of debt and for general corporate purposes.

All dollar amounts are shown in United States dollars, unless otherwise indicated.

Greg Smith, president and chief executive officer of Equinox Gold, commented: "This debt financing enables us to pay down part of our revolving credit facility, providing immediate interest savings while also positioning us to manage the upcoming maturity of our April, 2024, $140-million convertible notes. The new 2028 notes have a lower interest rate, substantially higher conversion price, no covenants and are unsecured, while extending debt maturity to October, 2028."

We seek Safe Harbor.