Recent Updates — ORLA
Orla Mining Ltd. completed its business combination with Equinox Gold Corp., creating North America's new senior gold producer. The combined entity is expected to produce approximately 1.1 million ounces of gold annually, with a path to over 1.9 million ounces through growth projects. Upon closing, Ross Beaty stepped down as Chairman and was appointed Chairman Emeritus, while Chuck Jeannes became the incoming Chairman. CEO Darren Hall will retire on October 31, 2026, succeeded by Jason Simpson. Orla shares are being delisted from the Toronto Stock Exchange and NYSE American, with shareholders receiving Equinox Gold shares. This transaction consolidates high-quality assets across Canada, the USA, and Mexico.
Orla Mining Ltd. announced that the Supreme Court of British Columbia granted final court approval for its business combination with Equinox Gold Corp. Under the arrangement, Orla shareholders will receive one common share of Equinox Gold and US$0.0001 in cash for each Orla common share held. The transaction is expected to close on or about July 31, 2026, following which Orla shares will be delisted from the Toronto Stock Exchange and NYSE American. Orla Mining Ltd. operates in the gold mining industry, acquiring, developing, and operating mineral properties including the Camino Rojo mine in Mexico, Musselwhite Mine in Canada, and the South Railroad project in Nevada.
Orla Mining Ltd. shareholders overwhelmingly approved a business combination with Equinox Gold Corp. via a special resolution, with 99.91% of votes cast in favor. The arrangement involves Equinox Gold acquiring all issued and outstanding common shares of Orla. The transaction is subject to a final court order from the Supreme Court of British Columbia, expected on July 28, 2026, and various regulatory approvals. If all conditions are met, the deal is expected to close on or about July 31, 2026. Orla Mining Ltd. is a gold and silver mining company.