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Maya Gold & Silver Announces Results of Annual Meeting of Shareholders

Shareholder Meetings

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PRESS  RELEASE    

Maya  Gold  &  Silver  Announces  Results  of  Annual  Meeting  of  

Shareholders  

Montreal,  Québec  –  June  26,  2018  –  Maya  Gold  &  Silver  Inc.  (“Maya”  or  the  “Corporation”)  (TSXV:  MYA)  

is  pleased  to  announce  the  results  of  voting  at  its  annual  meeting  of  shareholders  held  on  June  20,  2018  in  

Montréal,  Québec.  

A  total  of  32,336,497  common  shares  or  42.33%  of  Maya’s  issued  and  outstanding  common  shares  were  

represented  in  person  or  by  proxy  at  the  meeting.    

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

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

Professional  Accountants   as   the   Corporation's   auditors.  The   nominees  listed   in   the   management  

information  circular,  being  René  Branchaud,  Noureddine  Mokaddem,  Nikolaos  Sofronis,  Robert  Taub  and  

Martin  Wong  were  re-­‐elected  as  directors  of  the  Corporation,  while  the  Board  also  welcomes  Dr.  Elena  

Clarici  who  was  elected  as  new  director  of  the  Corporation.  

Dr.  Elena  Clarici  is  a  mining  engineer,  with  a  B.Eng  in  mining  gained  at  University  of  Belgrade  in  1989.  She  

also  holds  a  PhD  in  Mining  and  Environmental  Engineering  from  the  Royal  School  of  Mines  of  the  Imperial  

College   of   Science   and   Technology,   obtained   in   1994.   She   is   founder,   president   and   CEO   of   Micah  

Minerals  Corp.,  a  Canadian  private  company,  since  2016.  From  2013  to  2015,  she  has  been  a  director  and  

Board  Member  of  TSX-­‐V  listed  Barkerville  Gold  Mines  Ltd,  and  briefly  interim  CEO  in  2014.  She  is  a  former  

chair  of  Association  of  Mining  Analysts  and  a  regular  contributor  to  financial  and  mining  media.  

1. Election of Directors

Name of Nominee % For % Against % Withheld

René Branchaud 99.96 0 0.04

Dr. Elena Clarici 99.96 0 0.04

Noureddine Mokaddem 99.96 0 0.04

Nikolaos Sofronis 99.96 0 0.04

Robert Taub 99.96 0 0.04

Martin Wong 99.96 0 0.04

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“Dr.  Clarici  is   an   accomplished   investment   professional,   with   over   20   years   of   experience   gained   across  

international   equity   capital   markets,   focusing   principally   on   investment   management   in   mining   and  

emerging  markets  (Africa).  Her  extensive  knowledge  and  experience  coupled  with  her  strong  core  values  

and  work  ethic  will  serve  the  company  as  we  strive  to  achieve  our  goals.  Elena  is  a  valued  addition  to  our  

organization.   This  key   appointment   further  strengthens   the   quality   of   the   Maya   Board, ”  stated  

Noureddine  Mokaddem,  founder,  president  and  CEO  of  Maya.  

The  Board  granted  options  to  Elena  Clarici,  to  subscribe  40,000  common  shares  at  $3.30,  for  a  period  of  

five  years.  

The  Board  sincerely  thanks  Eric  Swenden  who  did  not  stand  for  re-­‐election,  for  his  dedicated  service  as  a  

director  of  the  Corporation.  

ABOUT  MAYA  

Maya   Gold   &   Silver   Inc.   is   a   Canadian   publicly   listed   mining   corporation   focused   on   the   exploration   and  

development  of  gold  and  silver  deposits  in  Morocco.  Maya  has  initiating  mining  and  milling  operations  at  its  

Zgounder   Mine   owned   by   Zgounder   Millenium   Silver   Mining,   a   Maya   85%   owned   joint   venture   with   l’Office  

National  des  Hydrocarbures  et  des  Mines  of  the  Kingdom  of  Morocco  (15%).    

The  Boumadine  property,  a  joint  venture  with  ONHYM,  whereby  Maya  owns  85%  of  the  polymetallic  deposit  is  

located   in   the   Anti-­‐Atlas   Mountains   of   eastern   Morocco.  ONHYM   awarded   Boumadine   to   Maya   after  

evaluating  international  tenders.  

The  Maya   portfolio   also   includes   the  Amizmiz   and   Azegour  properties,   100%   Maya   owned,   gold,  tungsten,  

molybdenum  and  copper  deposits,   covering  over   100   square   kilometres   in   a   historical   mining   district   with  

both  precious  and  base  metal  mineralization.    

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  release.  

Forward-­‐looking  statements  

This  news  release  contains  statements  about  future  events  or  future  performance  and  reflects  management’s  

current  expectations  and  assumptions.  These  are  "forward-­‐looking"  because  we  have  used  what  we  know  and  

expect  today  to  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.  However,  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   release.   You   should   not   place   undue   reliance   on   forward-­‐looking   statements.   As   a   general  

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  qualified  by  these  cautionary  statements  and  

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

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On  behalf  of  the  Board:    

Noureddine  Mokaddem  

Founder,  President  &  CEO  

+1  514-­‐978-­‐6111/+212  661-­‐196-­‐111  

[email protected]  

Contact  Information:  

Maya  Gold  &  Silver  Inc.  

Sophy  Cesar  

Investor  Relations  

1-­‐514-­‐866-­‐2008    

[email protected]  

www.mayagoldsilver.com