Equinox Gold, Orla Merger Gets Positive Recommendation from Proxy Advisory Firms

Equinox Gold (EQX.TO) and Orla Mining's (OLA.TO) proposed merger has received positive voting recommendations from independent proxy advisory firms, including Institutional Shareholder Services, the companies said Friday. The board of directors and management of Equinox and Orla unanimously recommend that shareholders vote for the merger, which is expected to create the second-largest producer of Canadian gold. Equinox and Orla's special meeting of shareholders to vote on the deal is scheduled for July 22.