Cautionary Notes

Forward-looking Statements

This site includes certain statements that constitute “forward-looking statements”, or “forward-looking information” (collectively, forward-looking statements) within the meaning of applicable securities legislation and may include future-oriented financial information.  Forward-looking statements appear in several places on this Site and are based on expectations, estimates and projections including, without limitation: statements relating to the strategic vision for the Company and expectations regarding exploration potential, production capabilities and future financial or operational performance, including investment returns; the Company’s production and cost guidance; the timing for and the Company’s ability to successfully advance its growth and development projects, including the construction of Greenstone and the expansions at Aurizona, Castle Mountain and Los Filos; the strength of the Company’s balance sheet, and the Company’s liquidity and future cash requirements; the closing of the Sandbox Arrangement; the aggregate value of common shares that may be issued pursuant to the at-the-market equity offering program; the potential future offerings of securities under the Company’s base shelf prospectus or corresponding registration statement and any prospectus supplement; the expectations for the Company’s investments in Sandbox Royalties, i-80 Gold, Bear Creek, Inca One and Pilar Gold; conversion of Mineral Resources to Mineral Reserves; gold price performance; and the Company’s expectations for reducing its greenhouse gas (GHG) emissions and the impact of its operations on climate change, including reaching its GHG emissions reduction target. Forward-looking statements or information generally identified by the use of the words  such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “objective”, “advance”, “start”, “underway”, , “on budget”, “on schedule” and “potential” and similar expressions are intended to identify these forward-looking statements as well as phrases or statements that certain actions, events or results “could”, “would”, “should”, or the negative connotation of such terms, and are intended to identify forward-looking statements and information. Although the Company believes that the expectations reflected in such forward-looking statements and information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct.

The Company has based these forward-looking statements and information on the Company’s current expectations and projections about future events and these assumptions include: Equinox Gold’s ability to achieve the exploration, production, cost and development expectations for its respective operations and projects; prices for gold remaining as estimated; currency exchange rates remaining as estimated; availability of funds for the Company’s projects and future cash requirements; the ability of the Company and Sandbox Royalties to complete the Sandbox Arrangement; prices for energy inputs, labour, materials, supplies and services remaining as estimated; construction and development of Greenstone being completed and performed in accordance with current expectations; expansion projects at Aurizona, Castle Mountain and Los Filos being completed and performed in accordance with current expectations; the mine plans outlined in the technical reports for each project, including estimated development schedules, are unchanged, tonnage of ore to be mined and processed; ore grades and recoveries remaining consistent with the mine plans; capital, decommissioning and reclamation estimates; Mineral Reserve and Mineral Resource estimates and the assumptions on which they are based; no additional labour-related disruptions and no unplanned delays or interruptions in scheduled construction, development and production, including by blockade or industrial action; the Company’s working history with the workers, unions and communities at Los Filos; all necessary permits, licenses and regulatory approvals are received in a timely manner; the Company’s ability to comply with environmental, health and safety laws and other regulatory requirements; the strategic visions for Sandbox Royalties, i-80 Gold, Bear Creek, Inca One and Pilar Gold and their respective abilities to successfully advance their businesses; the ability of Pilar Gold, Inca One and Bear Creek to meet their respective payment commitments to the Company; and the ability of Equinox Gold to work productively with its joint venture partner and Indigenous partners at Greenstone. While the Company considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Accordingly, readers are cautioned not to put undue reliance on the forward-looking statements or information contained in this site.

 The Company cautions that forward-looking statements and information involve known and unknown risks, uncertainties, and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements and information contained on this site. The Company has made assumptions and estimates based on or related to many of these factors, including,  without limitation: fluctuations in gold prices; fluctuations in prices for energy inputs, labour, materials, supplies and services; fluctuations in currency markets; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); inadequate insurance, or inability to obtain insurance to cover these risks and hazards; employee relations; relationships with, and claims by, local communities and Indigenous populations; the effect of blockades and community issues on the Company’s production and cost estimates; the Company’s ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner or at all; changes in laws, regulations and government practices, including mining, environmental and export and import laws and regulations; legal restrictions relating to mining ; risks relating to expropriation and nationalization of resources; increased competition in the mining industry; a successful relationship between the Company and its joint venture partner ; the failure by Pilar Gold, Inca One or Bear Creek to meet their respective commitments to the Company ; and those factors identified in the section titled “Risks and Uncertainties” in the Company’s MD&A for the year-ended December 31, 2022, and in the section titled “Risks Related to the Business” in the Company’s most recent Annual Information Form, both of which are available on this site and on SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar. Forward-looking statements should not be read as a guarantee of future performance or results. Forward-looking statements and information are designed to help readers understand management’s views as of that time with respect to future events and speak only as of the date they are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference on this site to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If the Company updates any one or more forward-looking statements, no inference should be made that the Company will make additional updates with respect to those or other forward-looking statements. All forward-looking statements contained on this site are expressly qualified in their entirety by this cautionary statement.

Non-IFRS Measures

This Site may include certain non-IFRS measures, namely: cash costs; cash costs per ounce (oz) sold; all-in sustaining costs (“AISC”); AISC per oz sold; and sustaining and non-sustaining capital expenditures. Such measures are “non-GAAP financial measures”, “non-GAAP ratios”, “supplementary financial measures” or “capital management measures” (as such terms are defined in National Instrument 52-112 – Non-GAAP and Other Financial Measures Disclosure). The Company believes these measures, while not a substitute for measures of performance prepared in accordance with IFRS, provide investors an improved ability to evaluate the underlying performance of the Company. These measures do not have any standardized meaning prescribed under IFRS, and therefore may not be comparable to the information provided by other issuers. Please see the information under the heading Non-IFRS Measures in Equinox Gold’s Management’s Discussion and Analysis (“MD&A”) for the year ended December 31, 2021, which section is incorporated by reference to this Site for a description of the non-IFRS financial measures noted above. The MD&A may be found on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/EDGAR.

National Instrument 43-101

The Equinox Gold properties are the Greenstone Project in Canada, the Mesquite Mine and the Castle Mountain Mine in the USA, the Los Filos Mine Complex in Mexico, and the Aurizona Mine, the Fazenda Mine, the RDM Mine and the Santa Luz Mine in Brazil. Unless otherwise stated, scientific and technical information concerning the properties on this Site is summarized, derived, or extracted from the following respective reports:

• For the Greenstone Project: “NI 43-101 Technical Report, Hardrock Project, Ontario, Canada” prepared by G Mining Services Inc. for Premier Gold Mines Limited dated January 26, 2021 with an effective date of December 16, 2020.
• For the Mesquite Mine: “Technical Report on the Mesquite Gold Mine, Imperial County, California, U.S.A.” prepared by AGP Mining Consultants Inc., dated April 27, 2020 with an effective date of December 31, 2019.
• For the Castle Mountain Mine: “Technical Report on the Castle Mountain Project Feasibility Study” prepared by M3 Engineering & Technology Corp. dated March 17, 2021 with an effective date of February 16, 2021.
• For the Los Filos Mine: “Updated Technical Report for the Los Filos Mine Complex, Guerrero State, Mexico” dated June 30, 2022 with an effective date of October 19, 2022.
• For the Aurizona Mine: “Technical Report on the Aurizona Gold Mine Expansion Pre-Feasibility Study” prepared by AGP Mining Consultants Inc. dated November 4, 2021 with an effective date of September 20, 2021.
• For the Fazenda Mine: “NI 43-101 Technical Report on the Fazenda Brasileiro Mine, Bahia State, Brazil” prepared by Equinox Gold Corp. dated October 22, 2021 with an effective date of December 31, 2020.
• For the RDM Mine: “NI 43-101 Technical Report on the Riacho dos Machados Gold Mine, Minas Gerais, Brazil” prepared by Equinox Gold Corp. dated October 22, 2021 with an effective date of December 31, 2020.
• For the Santa Luz Mine: “NI 43-101 Technical Report on the Santa Luz Project, Bahia State, Brazil” prepared by Equinox Gold Corp. dated November 30, 2020 with an effective date of June 30, 2020.

The Los Filos, Mesquite, Castle Mountain, Aurizona, Fazenda, RDM and Santa Luz technical reports have been filed with Canadian securities regulatory authorities and are available for review on this website, on the Company’s profile on SEDAR at www.sedar.com and on the Company’s profile on EDGAR at www.sec.gov/EDGAR. The Greenstone (Hardrock) technical report has been filed with Canadian securities regulatory authorities and is available for review on this website and on the profile of Premier Gold Mines on SEDAR at www.sedar.com. 

Readers are reminded that results outlined in the technical reports for each of these projects are preliminary in nature and may include inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the mine plans and economic models contained in any of the reports will be realized. Readers are further cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability.

The technical information in this website has been reviewed and approved by Doug Reddy, MSc, P.Geo, Equinox Gold’s COO and Scott Heffernan, MSc, P.Geo. Equinox Gold’s EVP Exploration, who are the Qualified Persons under National Instrument 43-101 for Equinox Gold.

Doug Reddy and Scott Heffernan have reviewed the technical reports for the Greenstone Project and the Hasaga Property for Equinox Gold. To the best of Equinox Gold’s knowledge, information and belief, there is no new material scientific or technical information that would make the disclosure of the mineral resource and mineral reserves or other technical information for the Greenstone Project or the Hasaga Property inaccurate or misleading.

Readers are also advised to refer to the latest annual information form and technical reports of the Company as well as other continuous disclosure documents filed by the Company available at www.sedar.com and at www.sec.gov/edgar for detailed information (including qualifications, assumptions and notes set out accordingly) regarding the mineral reserve and mineral resource information contained on this website.

Cautionary Note to US Investors

Disclosure regarding the Company’s mineral properties, including with respect to mineral reserve and mineral resource estimates published on the Site, was prepared in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. NI 43-101 differs significantly from the disclosure requirements of the Securities and Exchange Commission (the “SEC”) generally applicable to U.S. companies. Accordingly, information contained on this website is not comparable to similar information made public by U.S. companies reporting pursuant to SEC disclosure requirements.

Privacy Policy

By continuing to read this website, you confirm that you have read the Privacy Policy of Equinox Gold, the terms of which appear on the website. You agree that the terms of such Privacy Policy are reasonable. You consent to the use of your personal information by Equinox Gold in accordance with the terms of and for the purposes set forth in the Privacy Policy.

Links from the Website

This website may contain links to third-party websites that are not owned or controlled by Equinox Gold. Equinox Gold has no control over, and assumes no responsibility for, the information, data, opinions, advice, statements, content, privacy policies, or practices of any third-party websites, and you access and use these websites solely at your own risk. Accordingly, we encourage you to be aware when you leave the website and to read the terms and conditions of use for each other website that you visit.

Disclaimers and Exclusion of Liability

This Site and its Content are provided “as is” and “as available”. The Content is believed to be accurate at the time it is posted on the Site but it is not independently reviewed or verified. The Content may not be accurate, complete or current and is not intended to be a comprehensive review of all matters and developments concerning Equinox Gold.

The Company and its officers, directors, employees and representatives will not be liable to you or any other party for any damages of any kind including, without limitation, damages based on contract, negligence or other legal basis, including without limitation, indirect, special, consequential or incidental damages, lost profits, business interruption or other damages arising directly or indirectly from your use of the Site or the Content.

TO THE FULLEST EXTENT PERMISSABLE UNDER APPLICABLE LAW, THE COMPANY DISCLAIMS ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND WHETHER EXPRESS, IMPLIED OR STATUTORY (INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF INTELLECTUAL PROPERTY AND ACCURACY). IN NO EVENT SHALL THE COMPANY BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES DUE TO LOSS OF PROFITS OR BUSINESS INTERRUPTION) OR DUE TO THE USE OF OR INABILITY TO USE THE MATERIALS CONTAINED ON THIS SITE.  ANY USE OR RELIANCE ON THE CONTENT OF THIS SITE IS AT YOUR SOLE RISK.

In particular, Equinox Gold will not be liable for any claims, expenses, damages (including direct, indirect, special or consequential), loss of profits or opportunities arising from:

• the Site, including without limitation, the accuracy, reliability, currency, veracity or completeness of the Content,
• use or reliance on Content in the Site,
• delays, inaccuracies or errors in, or in the transmission of, any stock and metal price quotes or historical data,
• use of any third party websites, including an information or content, linked to the Site,
• internet software used in connection with the Site, or computer viruses, bugs or other destructive programs encountered as a result of using the Site, and
• any other matter connected to the Site, even if Equinox Gold is made aware of the possibility of such claims, expenses, damages or losses.

You assume total responsibility and risk for your access to and use of the Site and the Content. You acknowledge that the Company is making the Site and the Content available to you in reliance upon your acceptance of the limitations and exclusions of liability and the disclaimers set out in this Legal Notice and that the same form a contract between you and the Company. You agree that the limitations and disclaimers will survive and continue to apply in the case of a fundamental breach or breaches, the failure of an essential purpose of this contract, the failure of any remedy or the termination or suspension of your use of the Site by the Company.