MDN INC: Grant of stock options

Press release TSX-V: MDN

MDN INC: Grant of stock options

Montreal, June 15, 2016 - MDN Inc. (the “Company”) (TSX-V: MDN) announces that the board of directors of the Company has approved the granting of 1,750,000 incentive stock options pursuant to the Company's stock option plan and compensation policy, dated June 14, 2016. The total includes 1,575,000 options granted to the management and directors of the Company. The options are exercisable at a price of $0.07 per share, which is the closing price on June 13, 2016 and expire on June 14, 2021.

About MDN (TSX-V: MDN)

MDN Inc. is a mining exploration company that recently concluded an agreement to acquire the James Bay (Argor) Niobium property in Ontario, Canada. MDN also holds a 72.5% interest in Crevier Minerals Inc., which owns a niobium tantalum resource in Quebec, Canada and the Ikungu and Ikungu East Gold properties in Tanzania.

For more information, contact:

Claude Dufresne, P.Eng.

President & CEO MDN Inc.

Tel.: 514 866-6500, Ext. 221

Email: [email protected] Website: www.mdn-mines.com