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AVG.V ·

Marching Moose Capital Corp. Announces Results of AGSM

Shareholder Meetings

MARCHING MOOSE CAPITAL CORP.

2300 – 1066 West Hastings Street

Vancouver, BC V6E 3X2

NEWS RELEASE

June 28, 2017 TSXV Symbol: MMC.P

Marching Moose Capital Corp. Announces Results of AGSM

Vancouver, British Columbia. Marching Moose Capital Corp . ("M MCC" or the "Com pany"), a capital pool

company, is pleased to announce that all proposed resolutions were approved at the Company’s Annual General

and Special Meeting of Shareholders held on June 27, 2017 (the “Meeting”).

The number of directors was set at three (3) and shareholders approved the re- election of Larry K. Doan,

Anurag Arun, and Luc Pelchat as directors.

Davidson & Company , Chartered Accountants, have been re-appointed as auditors of the Company for the

ensuing year and the directors have been authorized to fix their remuneration.

Also reapproved was the Company’s stock option plan. The Company’s stock option plan will remain a 10%

“rolling” plan.

As disclosed in the Company’s news release dated April 18, 2017 the TSX Venture Exchange (the “Exchange”)

provided the company with an extension to the prescribed 24 month period in which it must complete a

Qualifying Transaction. A condition of the extension was that the company’s shareholders authorize a move to

the NEX Board of the Exchange and a cancellation of 50% of the Company’s seed shares in the event that the

proposed Qualifying Transaction with Avid ian Gold Inc., as previously announced, was cancelled. Therefore

special resolutions were approved authorizing the directors to initiate a move to the NEX and the cancellation of

410,002 seed shares should the proposed Qualifying Transaction be cancelled.

Management and the Board would like to thank MMCC’s shareholders for their continued support.

For further information please contact:

Larry K. Doan

Director, President, Chief Executive Officer &

Chief Financial Officer

Marching Moose Capital Corp.

Phone: (778) 867-8874

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.