Mr. Jason Simpson of Orla Mining reports

ORLA SHAREHOLDERS OVERWHELMINGLY APPROVE BUSINESS COMBINATION WITH EQUINOX GOLD

Holders of Orla Mining Ltd. common shares have overwhelmingly approved the previously announced business combination with Equinox Gold Corp., pursuant to a court-approved plan of arrangement, whereby Equinox Gold will, among other things, acquire all of the issued and outstanding common shares of Orla. The vote was passed at Orla's special meeting of shareholders held earlier today.

The arrangement was approved, by special resolution, by 99.91 per cent of the votes cast by shareholders present in person or represented by proxy and entitled to vote at the meeting. The report of voting results will be available under the company's profile on SEDAR+ and EDGAR.

"Orla has evolved from a single development asset to an intermediate producer with a portfolio of operating and development assets centred in North America. The combination with Equinox dramatically enhances our North American portfolio and propels us to a senior gold producer with industry-leading growth potential. I would like to thank our shareholders for their continued support along this journey where we created tremendous benefits for all our stakeholders. I would also like to thank each member of the Orla team for all they have accomplished in building this company together. I am excited for what's to come next from this combination with Equinox Gold."

Jason Simpson, president and chief executive officer of Orla

As announced today by Equinox Gold, shareholders of Equinox Gold also voted to approve the arrangement at the special meeting of shareholders of Equinox Gold held on July 22, 2026.

With the approval by the shareholders, Orla will now seek a final order from the Supreme Court of British Columbia to approve the arrangement at a hearing expected to be held on July 28, 2026. In addition to approval of the court, completion of the arrangement is subject to applicable regulatory approvals, including both Canadian (received) and Mexican competition authorization (received), the approval of each of the Toronto Stock Exchange (received) and the NYSE American (received) for (i) the arrangement and (ii) for the listing and posting for trading of the Equinox Gold common shares to be issued in connection with the arrangement, and the satisfaction of certain other closing conditions customary for a transaction of this nature. If all conditions are satisfied or waived, the arrangement is expected to close on or about July 31, 2026.

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 and the potential underground project (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 (South Carlin complex), in Nevada, U.S., a feasibility-stage, open-pit, heap leach gold project located on the Carlin trend. The technical reports for the company's material projects are available on Orla's website, and on SEDAR+ and EDGAR under the company's profile.

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