August 20, 2019 – Vancouver, BC – Equinox Gold Corp. (TSX-V: EQX, OTC: EQXFF) (“Equinox Gold” or the “Company”) is pleased to announce that it has completed its previously announced consolidation of the common shares of the Company at a ratio of five pre-consolidation common shares for one post-consolidation common share (the “Consolidation”). Common shares of the Company will begin trading on a consolidated basis under the existing trading symbol at market open. As a result of the Consolidation, shares issuable pursuant to the Company’s outstanding options, warrants, restricted share units and other convertible securities will be proportionally adjusted on the same basis.

Equinox Gold completed the Consolidation in order to pursue a dual listing on a U.S. stock exchange. The Consolidation reduced the number of Equinox Gold’s outstanding common shares from 566,278,712 common shares to approximately 113,255,742 common shares. No fractional common shares will be issued in connection with the Consolidation.

On Behalf of the Board of Equinox Gold Corp.

“Christian Milau”

CEO & Director