Orla Mining (TSX:OLA) has announced that its shareholders have overwhelmingly approved the previously reported merger with Equinox Gold Corp (TSX:EQX).
This merger will follow a court-approved plan of arrangement, whereby Equinox will acquire all issued and outstanding common shares of Orla.
The arrangement received 99.91% shareholder approval at a special meeting held on 22 July 2026.
Orla President and CEO Jason Simpson says that he is excited for the future of the combined companies.
“Orla has evolved from a single development asset to an intermediate producer with a portfolio of operating and development assets centred in North America,” Simpson says.
“The combination with Equinox dramatically enhances our North American portfolio and propels us to a senior gold producer with industry leading growth potential.”
Equinox Gold shareholders also voted in approval of the arrangement in a special meeting held on 22 July 2026.
Following the approval on both ends, Orla is to now seek a final order from the Supreme Court of British Columbia, Canada, to approve the arrangement. This hearing is scheduled for 28 July 2026.
Completion of the arrangement is also subject to applicable regulatory approvals, including the Canadian and Mexican competition authorisations (both of which have been received), approvals from the Toronto Stock Exchange (received), and the NYSE American (received) for the arrangement and the listing of Equinox shares to be issued in connection with the arrangement.
This is expected to close on or around 31 July 2026.
The merged company is expected to deliver around 1.1 million ounces of gold production in 2026, with a clear path to 1.9 million through its pipeline of expansion projects.
Write to Amy Rotman at Mining.com.au
Images: Orla Mining
