FMN.V · 2018-04-30 12:00:00

Montan Announces Effective Date FOR Share Consolidation

Corporate Actions

MONTAN ANNOUNCES EFFECTIVE DATE FOR SHARE CONSOLIDATION

Vancouver, BC, April 30, 2018 – Montan Mining Corp. (TSXv: MNY) (FSE: S5GM)

(the “Company” or “Montan”) announces that further to its News Release of February 21, 2018,

the TSX Venture Exchange has approved the co nsolidation of the common shares of the

Company (each, a “ Share”) on the basis of three (3) pre-consolidation Shares for one (1)

post-consolidation Share (the “ Consolidation”). The Consolidation will become effective at the

opening of the market on May 2, 2018. The Company’s symbol will remain as “MNY”.

Currently, a total of 84,316,346 Shares are issued and outstanding. Accordingly, upon the

Consolidation becoming effective, a total of 28,105,448 Shares would be issued and outstanding,

subject to adjustments for rounding. There is no maximum number of au thorized Shares. TSX

Trust Company. (“ TSX Trust ”) will mail letters of transmittal to the shareholders providing

instructions on exchanging pre-Consolidation s hare certificates for post-Consolidation share

certificates. Shareholders are encouraged to se nd their share certificates, together with their

letter of transmittal, to TSX Trust in accordance with the instructions in the letter of transmittal.

About Montan Mining Corp.

Montan Mining Corp. is an emerging gold produc er focusing on monetizing mining assets in

Peru. The company is backed by an experienced management team with diverse technical,

market, and finance expertise and is supported by committed and sophisticated investors

focused on building long term value for shareholders.

MONTAN MINING CORP.

Ian Graham

CEO and Director

Ph: 1.604.671.1353

For more information, please visit the corporate website at http://www.montanmining.ca or contact:

Investor Contact:

Luis F. Zapata

Executive Chairman

Tel: +1.604.358.1382

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 news release.