Orla Mining Executes Commitment Letter For Up To Us$125 Million Project Finance Facility

news_release_-_orla_-21102019

VANCOUVER, BC – October 21, 2019 – Orla Mining Ltd. (TSX: OLA) (“Orla” or the “Company”) is pleased to announce that the Company has entered into a Commitment Letter with Trinity Capital Partners Corporation (“Trinity Capital”) with respect to a secured project finance facility of up to US$125 million (“Facility”) for the development of the Camino Rojo Oxide Gold Project located in Zacatecas, Mexico. The Facility is being arranged by Trinity Capital and will include a syndicate of lenders led by Pierre Lassonde, Agnico Eagle Mines Limited (“Agnico Eagle”) and Trinity Capital, creating key alignment between debt and equity holders that will support the Company’s development going forward.

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