RiskMetrics and Glass Lewis recommend shareholders vote FOR all Resolutions
at forthcoming Equinox Annual and Special Shareholders Meeting

TORONTO, April 29 /CNW/ - Equinox Minerals Limited (TSX and ASX: EQN) ("Equinox" or the "Company") reported today that RiskMetrics Group ("RiskMetrics") and Glass Lewis & Co. ("Glass Lewis") recommend their subscribers vote "FOR" all resolutions at the forthcoming Equinox Annual and Special Shareholders Meeting ("ASSM").

Company resolutions are for the re-election of the current Board, the re-approval of the Company's Long-Term Incentive Plan (the "LTIP") and the re-appointment of PricewaterhouseCoopers as the Company's auditors. RiskMetrics and Glass Lewis are providers of proxy research and voting recommendation advice to institutional investors.

Equinox also announced today that, subsequent to the mailing of the Company's Management Information Circular for the upcoming ASSM, the Board approved two amendments to the LTIP to: (i) reduce the authorized maximum number of shares that could be issued upon the exercise of options to 5% of the outstanding common shares of the Company (previous limit was 10%); and (ii) limit the aggregate maximum number of shares that could be issued upon the exercise of options by non-executive directors to 0.5% of the outstanding common shares of the Company (previously there was no limit).

    
    Annual and Special Meeting Details
    ----------------------------------
    

The ASSM will be held at the St. Andrew's Club and Conference Centre, 150 King Street West, 27th Floor, Main Dining Room, Toronto, Ontario, on Friday, May 7, 2010 at 11:00 a.m. (Toronto time).

For all shareholders (other than those residing in Australia), and in order that those votes can be counted at the ASSM, proxies must be voted by no later than 11:00 a.m. (Toronto time) on May 5, 2010.

For shareholders residing in Australia, proxies must be received by 11:00 a.m. (Perth/Western Standard Time) on May 5, 2010.

Shareholders, brokers and other interested parties are encouraged to direct questions and requests for assistance to the proxy solicitation agents:

    
    -   In Canada and the United States, please contact Kingsdale Shareholder
        Services toll free at 1-866-581-0507. Outside North America,
        shareholders, banks and brokers can call collect at 416-867-2272 or
        contact Kingsdale Shareholder Services at: contactus@
        kingsdaleshareholder.com

    -   In Australia, please contact Global Proxy Solicitation toll free at
        1-300-659-062.

    Craig R. Williams - President & Chief Executive Officer
    -------------------------------------------------------
    

About Equinox

Equinox Minerals Limited is an international mining company dual listed on the Canadian (Toronto) and Australian stock exchanges. The Company is currently focused on operating its 100% owned large scale Lumwana Copper Mine in Zambia, one of the largest new copper mines to be developed globally over the last few years.

Equinox acquired the Lumwana project in 1999 and following nearly 10 years of feasibility, financing and construction, commissioned the mine, plant and infrastructure in December 2008. Situated 220 km northwest of the Zambian Copperbelt, Lumwana is now a major copper mine.

In addition, Equinox is looking at opportunities to grow the Company through both internal expansion (potential uranium plant to process the high grade uranium stockpile and an expansion of the Lumwana copper plant throughput rate) and through the international search for mergers and acquisitions.

For information on Equinox and technical details on the Lumwana Project please refer to the company website at:

www.equinoxminerals.com

SOURCE Equinox Minerals Limited

For further information: For further information: Craig R. Williams (President and Chief Executive Officer), Michael Klessens (Vice President - Finance and Chief Financial Officer), Phone: +61 (0) 8 9322 3318, Email: equinox@equinoxminerals.com or Kevin van Niekerk (V.P. Investor Relations) Phone: (416) 865 3393, Email: kevin.van.niekerk@equinoxminerals.com or David Griffiths (Gryphon Management Australia) Phone +61 (0) 419 912 496, Email: david.griffiths@gryphon.net.au

Organization Profile

Equinox Minerals Limited

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