15:16:39 EST Sun 08 Feb 2026
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Orla Mining Ltd
Symbol OLA
Shares Issued 325,139,709
Close 2025-06-24 C$ 13.89
Market Cap C$ 4,516,190,558
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Orla Mining shareholders approve AGM resolutions

2025-06-24 20:10 ET - News Release

Mr. Jason Simpson reports

ORLA MINING REPORTS VOTING RESULTS OF ANNUAL SHAREHOLDER MEETING

Orla Mining Ltd. has released the voting results for the election of its board of directors, which took place at the company's annual general and special meeting of shareholders (AGM), held today. All nominees, as set forth in the company's management information circular dated May 9, 2025, were elected as directors of Orla at the AGM. Detailed results of the votes are set out in an attached table.

Tim Haldane did not stand for re-election at the AGM and has retired from the company's board of directors. The company extends its sincere thanks for his many years of dedicated service and leadership.

"I want to extend my deepest thanks to Tim Haldane, who has retired from the board of directors after seven years of dedicated service. Tim has been a trusted adviser and steady hand throughout Orla's journey, particularly during the construction of the Camino Rojo mine, and helping to shape our evolution from a single-asset developer to a growing, multiasset producer. On behalf of all of us at Orla, I want to express our sincere gratitude and wish Tim continued success in all of his future endeavours," stated Chuck Jeannes, non-executive chairman and director.

The shareholders also approved: (1) the appointment of Deloitte LLP as the auditor of the company for the ensuing year and authorizing the board of directors to fix the remuneration of the auditor; (2) a non-binding advisory resolution accepting the company's approach to executive compensation, also known as say on pay; (3) certain amendments to the company's stock option plan; and (4) certain amendments to the company's restricted share unit plan. Results of the shareholder votes on these items are set forth in an attached table.

The company filed its Form 40-F for the year ended Dec. 31, 2024, with the U.S. Securities and Exchange Commission, and it is available under the company's profile on EDGAR. The company's 2024 audited financial statements are available on the company's website.

Shareholders may also receive a copy of these company documents without charge upon request by e-mail at info@orlamining.com.

About Orla Mining Ltd.

Orla's corporate strategy is to acquire, develop and operate mineral properties where the company's expertise can substantially increase stakeholder value. The company has three material projects, consisting of two operating mines and one development project, all 100 per cent owned by the company: (1) Camino Rojo, in Zacatecas state, Mexico, an operating gold and silver open-pit and heap leach mine (The property covers over 139,000 hectares, containing a large oxide and sulphide mineral resource.); (2) Musselwhite mine, in Northwestern Ontario, Canada, an underground gold mine that has been in operation for over 25 years and produced over six million ounces of gold, with a long history of resource growth and conversion; and (3) South Railroad, in Nevada, U.S., a feasibility-stage, open-pit, heap leach gold project located on the Carlin trend in Nevada. The technical reports for the company's material projects are available on Orla's website, and on SEDAR+ and EDGAR.

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