Montan Mining Announces Granting of Stock Options

MONTAN MINING ANNOUNCES GRANTING OF STOCK OPTIONS

Vancouver, BC, July 9th, 2018 – Montan Mining Corp. (TSX -V: MNY | FSE: S5GM | SSE:

MNYC) (“Montan” or the “Company”) announces that it has granted an aggregate of 5,154,939

incentive stock options (the "Options") today to certain directors , officers and consultants of the

Company pursuant to the Company's previously approved Stock Option Plan. The Options are

exercisable at a price of $0.08 per share for a period of 5 years.

As part of the Options grant, the Company has cancelled 1,383,332 options previously granted to

certain directors , officers and consultants. See news release on January 17, 2017 for more

information regarding the previously granted options.

About Montan Mining Corp.

Montan Mining Corp. is an emerging gold producer 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, now anchored by Lions Bay Capital Inc.

On behalf of the Board of Montan.

Ian Graham

CEO and Director

Tel: +1.604.671.1353

Email: [email protected]

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

contact:

Investor Contact:

Luis F. Zapata

Executive Chairman, Montan Mining

Tel: +1.604.358.1382

Tel: +51.999.968.827 (Peru)

Email: [email protected]

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.