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AYA.TO ·

General Meeting Chairman

Shareholder Meetings

Maya Gold &

General Meeting

Chairman

Montréal, Québec – June 1

“Corporation”) (TSX: MYA) is pleased to announce the results of voting at its annual meeting

of shareholders held on June 13

Noureddine Mokaddem, the Corporation

created role as Founder & Chairman

Silver’s Board of Directors with effect

Mr. Noureddine Mokaddem will continue to drive

focusing on the initiatives to optimize capital dep loyment,

and the evaluation of strategic alternatives to maximize the value of the

including the substantial non-producing portion of the por

“When I was called to step into the role of

me to accept with a great sense

three years and I am confident we have more potential to unlock from our portfolio. I look

forward to working with our management, and the Board of Directors to deliver further value

to our shareholders . On behalf of the Board of Directors and myself, we would

René Branchaud for serving as a Chairman for

A total of 30,118,661 common shares or

shares were represented in person or by proxy at the meeting.

The nominees listed in the management information c ircular, being René Branchaud,

Dr. Elena Clarici, Noureddine Mokaddem, Nikolaos Sofronis, Robert Taub and Martin Wong

were re-elected as directors of the Corporation

Detailed results of the vote for the e

Name of Nominee

René Branchaud

Elena Clarici

Noureddine Mokaddem

Nikolaos Sofronis

Robert Taub

R. Martin Wong

Silver Announces 2019 Annual

General Meeting Results and Creation of

Chairman and CEO Role

19, 2019 – Maya Gold & Silver Inc. (“Maya” or the

is pleased to announce the results of voting at its annual meeting

13 , 2019 in Montréal, Québec; in addition to the

Corporation ’s Founder & President and CEO, is assuming a newly

Chairman and CEO, and will act as Chairman of

with effect from June 13, 2019.

will continue to drive Maya Gold & Silver’s

focusing on the initiatives to optimize capital dep loyment, the sustainability of cash flows,

and the evaluation of strategic alternatives to maximize the value of the Corporation

producing portion of the por tfolio.

“When I was called to step into the role of Founder & Chairman and CEO, it was natural for

sense of responsibility . We have accomplished so much in the past

years and I am confident we have more potential to unlock from our portfolio. I look

forward to working with our management, and the Board of Directors to deliver further value

. On behalf of the Board of Directors and myself, we would

for serving as a Chairman for the last two years.” Said Noureddin

common shares or 38.44 % of Maya’s issued and outstanding common

shares were represented in person or by proxy at the meeting.

The nominees listed in the management information c ircular, being René Branchaud,

Noureddine Mokaddem, Nikolaos Sofronis, Robert Taub and Martin Wong

as directors of the Corporation .

Detailed results of the vote for the e lection of the directors are set out below:

Votes cast

FOR

Percentage

(%) of Votes

cast

FOR

WITHHELD

24,333,328 99.97% 8,005

15,048,651 61.82% 9,292,792

24,128,215 99.12% 213,228

24,323,413 99.93% 18,030

15,051,126 61.83% 9,290,317

24,130,215 99.13% 211,228

nnual

Creation of

Maya Gold & Silver Inc. (“Maya” or the

is pleased to announce the results of voting at its annual meeting

in addition to the appointment of

and CEO, is assuming a newly

as Chairman of Maya Gold &

Silver’s strategic vision,

the sustainability of cash flows,

Corporation ’s assets,

and CEO, it was natural for

. We have accomplished so much in the past

years and I am confident we have more potential to unlock from our portfolio. I look

forward to working with our management, and the Board of Directors to deliver further value

. On behalf of the Board of Directors and myself, we would like to thank to

Said Noureddin e Mokaddem

% of Maya’s issued and outstanding common

The nominees listed in the management information c ircular, being René Branchaud,

Noureddine Mokaddem, Nikolaos Sofronis, Robert Taub and Martin Wong

lection of the directors are set out below:

Percentage

(%)

Withheld

0.03%

38.18%

0.88%

0.07%

38.17%

0.87%

Shareholders approved the re-appointment of Raymond , Chabot, Grant Thornton LLP,

Chartered Professional Accountants as the Corporation’s auditors by a majority of 24,760,728

votes (99.83%) of shareholders present in person or represented by proxy at the meeting.

ABOUT MAYA

Maya Gold & Silver Inc. is a publicly-traded Canadi an company focused on the operation,

exploration and development of gold and silver depos its in Morocco. Maya is currently

operating mining and milling operations at its Zgou nder Mine, an 85%-15% split ownership

between its subsidiary, ZMSM, and the ONHYM of the Kingdom of Morocco.

Its portfolio also contains the Boumadine polymetal lic deposit located in the Anti-Atlas

Mountains of Eastern Morocco. The property is a joi nt venture with ONHYM whereby Maya

retains an 85% ownership.

Maya’s portfolio also includes the Amizmiz and Azeg our properties, both being 100% owned,

with gold, tungsten, molybdenum and copper deposits covering over 100 square kilometres in

a historical mining district.

Forward-looking statements

This news release contains statements about future events or future performance and

reflects management’s current expectations and assum ptions. These are “forward-looking”

because we have used what we know and expect today t o make a statement about the

future. Forward-looking statements usually include words such as may, intend, plan, expect,

anticipate, and believe or other similar words. We believe the expectations reflected in

these forward-looking statements are reasonable. Ho wever, actual events and results could

be substantially different because of the risks and uncertainties associated with our business

or events that happen after the date of this news r elease. You should not place undue

reliance on forward-looking statements. As a genera l policy, we do not update forward-

looking statements except as required by securities laws and regulations. All of the forward-

looking statements made in this press release are q ualified by these cautionary statements

and by those made in the Corporation’s filings with SEDAR.

On behalf of the Board:

Noureddine Mokaddem

Founder, Chairman & CEO

+1 (514) 866-2008

[email protected]

Website: www.mayagoldsilver.com