Pacific Road exercises Equinox God no-dilution rights

NEWS RELEASE

Equinox Gold Receives C$19.2 Million from Pacific Road Resources Funds

February 12, 2018 – Vancouver, BC – Equinox Gold Corp. (TSX-V: EQX, OTC: LWLCF) (“Equinox Gold” or the “Company”) announces that it has received C$19.2 million from Pacific Road Resources Funds (“Pacific Road”) and issued 21 million Equinox Gold common shares to Pacific Road pursuant to Pacific Road’s exercise of non-dilution rights, as previously announced on January 16, 2018. The shares are subject to a four-month hold period expiring on June 9, 2018. No finder’s fees or commissions were paid in connection with the share issuance.

The C$19.2 million is in addition to the approximately C$89.4 million (US$71.3 million) in cash and marketable securities that Equinox Gold had at December 31, 2017.

Construction of Equinox Gold’s Aurizona Gold Mine in Brazil is fully funded with the Company’s existing treasury and a US$85 million secured project credit facility, of which US$15 million has already been drawn.

About Equinox Gold

Equinox Gold is a Canadian mining company with a multi-million-ounce gold resource base, near-term and growing gold production from two past-producing mines in Brazil and California, and a long-term growth platform with a diverse portfolio of gold and copper assets in North and South America. Construction is underway at the Company’s Aurizona project in Brazil with the objective of pouring gold by year-end 2018, and a prefeasibility study is underway at the Company’s Castle Mountain project in California with the objective of restarting production. Further information about Equinox Gold’s current portfolio of assets and long-term growth strategy is available at www.equinoxgold.com or by email at ir@equinoxgold.com.

Equinox Gold Contacts
Christian Milau, CEO
Rhylin Bailie, Vice President Investor Relations
Tel: +1 604-558-0560
Email: ir@equinoxgold.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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