Equinox Minerals Limited - Board Approval of Amended Shareholder Rights Plan


    TORONTO, April 12 /CNW/ - Equinox Minerals Limited (TSX and ASX symbol:
"EQN") ("Equinox" or the "Company") announced today that, at a meeting of the
Board of Directors on March 26, 2009, Equinox's Board approved the
continuation, amendment and restatement of the Company's existing shareholder
rights plan. The amendments to the shareholder rights plan have been
conditionally approved by the Toronto Stock Exchange and are subject to the
approval of Equinox shareholders at the upcoming annual general meeting of the
Company scheduled for May 7, 2009. The amendments are described in detail in
the Company's management proxy circular dated March 30, 2009, which is
available on www.sedar.com.

    Craig R. Williams - President & Chief Executive Officer

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

    Cautionary Language and Forward Looking Statements
    This press release contains "forward-looking statements" and
"forward-looking information", which may include, but is not limited to,
statements with respect to the future financial or operating performances of
Equinox, its subsidiaries and their respective projects, the future price of
copper and uranium, the estimation of mineral reserves and resources, the
realization of mineral reserve estimates, the timing and amount of estimated
future production, estimated costs of future production, the sale of future
production and the performance of off-takers, capital, operating and
exploration expenditures, costs and timing of the development of the Lumwana
Project, the costs of Equinox's hedging policy, costs and timing of future
exploration, requirements for additional capital, government regulation of
exploration, development and mining operations, environmental risks,
reclamation and rehabilitation expenses, title disputes or claims, and
limitations of insurance coverage. Often, but not always, forward-looking
information can be identified by the use of words such as "plans", "expects",
"is expected", "is expecting", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or "believes", or variations (including
negative variations) of such words and phrases, or statements that certain
actions, events or results "may", "could", "would", "might", or "will" be
taken, occur or be achieved. The purpose of forward-looking information is to
provide the reader with information about management's expectations and plans
for 2009. Readers are cautioned that forward-looking information involves
known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of Equinox and/or its subsidiaries
to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking information. Such
factors include, among others, those factors discussed in the section entitled
"Risk Factors" in the Company's Annual Information Form. Although Equinox has
attempted to identify statements containing important factors that could cause
actual actions, events or results to differ materially from those described in
forward-looking information, there may be other factors that cause actions,
events or results to differ from those anticipated, estimated or intended.
Forward-looking information contained herein are made as of the date of this
document based on the opinions and estimates of management on the date
statements containing such forward looking information are made, and Equinox
disclaims any obligation to update any forward-looking information, whether as
a result of new information, estimates or opinions, future events or results
or otherwise. There can be no assurance that forward-looking information will
prove to be accurate, as actual results and future events could differ
materially from those anticipated in such information. Accordingly, readers
should not place undue reliance on forward looking information.

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/Corporate Development), Phone: (416) 865-3393, Email:

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Equinox Minerals Limited

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