orla_completes_layback_agreement

VANCOUVER, BC – February 26, 2021 – Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (“Orla” or the “Company”) is pleased to announce that the approval from the Mexican Federal Competition Commission (Comisión Federal de Competencia Económica or “COFECE”) has been obtained and thus this condition precedent has now been satisfied. Accordingly, the Layback Agreement with Fresnillo plc (“Fresnillo”) regarding the Camino Rojo Oxide Gold Project has come into effect.