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Orla Mining Ltd. — Share Issue/Capital Change 2025
Sep 15, 2025
46100_rns_2025-09-15_ae6fa6eb-b3ce-4398-8313-d0f02b7c332a.pdf
Share Issue/Capital Change
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EY
Shape the future with confidence
Ernst & Young LLP
The Stack
1133 Melville St.
Suite 1900
Vancouver, BC V6E 4E5
September 15, 2025
To:
Alberta Securities Commission;
British Columbia Securities Commission;
The Manitoba Securities Commission;
Financial and Consumer Services Commission (New Brunswick);
Office of the Superintendent of Securities Service Newfoundland and Labrador
Office of the Superintendent of Securities (Northwest Territories);
Nova Scotia Securities Commission;
Nunavut Securities Office - Office of the Superintendent of Securities;
Ontario Securities Commission;
Office of the Superintendent of Securities (Prince Edward Island);
Autorité des marchés financiers (Québec);
Financial and Consumer Affairs Authority of Saskatchewan; and/or
Office of the Yukon Superintendent of Securities.
Dear Sirs / Mesdames:
Re: Orla Mining Ltd.
We refer to the short form base shelf prospectus of Orla Mining Ltd. (the "Company") dated September 15, 2025 relating to the sale and issue of common shares, warrants, subscription receipts, units, and debt securities (the "Prospectus").
We consent to being named and to the use, through incorporation by reference in the Prospectus, of our report dated March 18, 2025 to the shareholders and the board of directors of the Company on the following financial statements:
- Consolidated balance sheets as at December 31, 2024 and 2023;
- Consolidated statements of income (loss) and comprehensive income (loss), changes in equity and cash flows for the years ended December 31, 2024 and 2023, and material accounting policy information and other explanatory information.
We also consent to the use, through the incorporation by reference, in the Prospectus, of our report dated March 18, 2025 to the shareholders and board of directors of the Company with respect to the effectiveness of internal control over financial reporting of the Company as at December 31, 2024.
We report that we have read the Prospectus and all information specifically incorporated by reference therein and have no reason to believe that there are any misrepresentations in the information contained therein that are derived from the financial statements upon which we have reported or that are within our knowledge as a result of our audit of such financial statements. We have complied with Canadian generally accepted standards for an auditor's consent to the use of a report of the auditor included in an offering document, which does not constitute an audit or review of the Prospectus as these terms are described in the CPA Canada Handbook – Assurance.
Ernst & Young LLP
Chartered Professional Accountants