Independent Proxy Firms ISS and Glass Lewis Recommend Securityholders of Premier Vote to Approve the Arrangement


Thunder Bay, Ontario – February 11, 2021 – Premier Gold Mines Limited (“Premier”) (TSX:PG) (OTCPK: PIRGF) is pleased to announce that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS“) and Glass Lewis & Co. (“Glass Lewis“), have each recommended that the holders of common shares and options of Premier (collectively, the “Premier Securityholders“) approve the proposed acquisition by Equinox Gold Corp. (“Equinox“) of all of the issued and outstanding common shares of Premier (the “Premier Shares“) by way of a statutory plan of arrangement (the “Arrangement“). As previously disclosed, Premier has entered into a definitive arrangement agreement with Equinox and i-80 Gold Corp., a wholly owned subsidiary of Premier (“SpinCo“), pursuant to which, among other things, Equinox will acquire all of the issued and outstanding Premier Shares, and each Premier Shareholder will be entitled to receive, for each Premier Share held, (i) 0.1967 of a common share of Equinox, and (ii) and 0.4 of a common share of SpinCo.

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