Cautionary Notes

Cautionary Notes

FORWARD-LOOKING STATEMENTS

This Site includes certain statements that constitute “forward-looking statements”, and “forward-looking information” within the meaning of applicable securities laws collectively “forward-looking statements”.  These statements appear in several places in the Content and on this Site and include statements regarding the Company’s intent, or the beliefs or current expectations of the Company’s officers and directors. Such forward-looking statements involve known and unknown risks and uncertainties that may cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in the Content and the Site, words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “objective”, “anticipated”, “advancing”, “start”, “underway”, “commence”, “outlook”, “budget”, “schedule”, “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. As well, forward-looking statements may relate to the Company’s future outlook and anticipated events, such as the Company’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; prices for energy inputs, labour, materials, supplies and services; construction of Greenstone being completed and performed in accordance with current expectations; expansion projects at the Company’s various sites being completed and performed in accordance with current expectations; tonnage of ore to be mined and processed; ore grades and recoveries; Mineral Reserve and Mineral Resource estimates and the assumptions on which they are based; prices for energy inputs, labour, materials, supplies and services; no 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, Solaris Resources and Bear Creek and their respective abilities to successfully advance their businesses; the ability of Pilar Gold 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. The Company has based these forward-looking statements largely on the Company’s current expectations and projections about future events and financial trends affecting the financial condition of the Company’s business. These forward-looking statements were derived using numerous assumptions regarding expected growth, results of operations, performance and business prospects and opportunities that could cause the Company’s actual results to differ materially from those in the forward-looking statements, 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 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 environmental and export and import laws and regulations; legal restrictions relating to mining including those imposed in connection with COVID-19; risks relating to expropriation; increased competition in the mining industry; a successful relationship between the Company and its joint venture partner at Greenstone; the failure by Pilar Gold or Bear Creek to meet their respective commitments to the Company. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Accordingly, you are cautioned not to put undue reliance on these forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Forward-looking statements speak only as of the date those statements 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 herein 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 drawn that the Company will make additional updates with respect to those or other forward-looking statements. All forward-looking statements contained in the Content and on the 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 and the Mercedes Mine in Mexico, and the Aurizona Mine, the Fazenda Mine, the RDM Mine and the Santa Luz Project 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:

The 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) and Mercedes technical reports have been filed with Canadian securities regulatory authorities and are available for review on this website and on the profile of Premier Gold Mines on SEDAR at www.sedar.com. The Los Filos technical report has been filed with Canadian securities regulatory authorities and is available for review on this website and on the profile of Leagold Mining Corporation 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, 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, the Los Filos Mine, the Mercedes Mine, 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, the Mercedes Mine 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:

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.

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