Val-d'Or Mining Announces Annual Shareholder Meeting Results

| JUNE 22, 2018

Val-d'Or, Québec, June 22, 2018 — Val-d'Or Mining Corporation (TSX-V:MZZ) ("Val-d'Or Mining" or the "Company") announces the results of its annual general meeting of shareholders held in Montréal, Québec, on June 21, 2018.

At the meeting, shareholders elected four incumbent directors, being Glenn J. Mullan, Andrew T. Pepper, Lukas Shewchuk and C. Jens Zinke. Shareholders appointed MNP LLP as Val-d'Or Mining's auditor for the ensuing year.

Following the shareholder meeting, the Board reconstituted its Audit Committee and its Compensation and Corporate Governance Committee and reappointed officers for the ensuing year as follows:

President & Chief Executive Officer:

Glenn J. Mullan

Chief Financial Officer & Corporate Secretary

Rico De Vega

Chief Operating Officer:

C. Jens Zinke

Vice President, Exploration:

Michael P. Rosatelli

About Val-d'Or Mining Corporation

Val-d'Or Mining Corporation is a junior natural resource issuer involved in the process of exploring, evaluating and promoting its mineral property assets. The Company holds an option to acquire a 100% interest in 61 grassroots properties located in Ontario and Québec; in addition to which it holds a 100% interest in the Marymac Prospect consisting of 32 Map Designated Units located in the Labrador Trough of Québec, subject to a 2% NSR; a 100% interest in the Shoot-Out Prospect, which is the combination of two properties, Shoot-Out East and Shoot-Out West, and consists of 62 claims located in the Raglan Belt of northern Québec, subject to a 3% NSR; a 100% interest in the Fortin Prospect consisting of five contiguous mining claims located in the central part of Ducros Township, approximatively 80 kilometres northeast of the city of Val-d'Or, Québec, subject to a 1.5% NSR; and holds a 100% interest in the Chibougamau-Chapais Prospect, a non-contiguous group of 40 claims, located in the Chibougamau area in central Québec.

For additional information, please contact:

Glenn J. Mullan
2864 chemin Sullivan
Val-d'Or, Québec J9P 0B9
Tel.: 819-824-2808, x 204

Forward Looking Statements:

This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.