Finlay Minerals Ltd. announces the grant of stock options

Finlay Minerals Ltd. announces the grant of stock options

VANCOUVER

,

Nov. 15, 2017

/CNW/ -

Finlay Minerals Ltd. (TSXV:FYL)

(the "

Company

") announces that, pursuant to the Company's

10% Rolling Stock Option Plan (the "

Plan

"), as approved by its shareholders, the Company has granted stock options exercisable for the issuance

of up to 1,750,000 common shares of the Company (the "

Stock Options

"). The Stock Options are exercisable at a price of

$0.10

per share for a

period of five years, expiring on

November 15

, 2022. The Stock Options are subject to the terms of the Plan.

The Stock Options were granted to the seven directors of the Company (as elected at the Company's Annual General Meeting on

June 29, 2017

)

and to one consultant of the Company.

The above-noted stock option grant brings the total number of the Company's issued and outstanding stock options to 3,650,000.

The Stock Options vest as of the date of the grant. The Stock Options and any common shares of the Company issued upon exercise of the

Stock Options will be subject to a four month resale restriction from the date of grant of the Stock Options.

About Finlay Minerals Ltd.

Finlay is a TSX Venture Exchange company focused on exploration for base and precious metal deposits in northern

British Columbia

. The

Company's properties include:

the

Silver Hope

which includes porphyry copper-molybdenum mineralization discovered in 2010, along with three silver-copper

mineralized zones, in a contiguous trend with the mined-out deposits of the former Equity Silver Mine (71 million oz. silver, 185 million lbs.

copper and 508,000 oz. gold),

the

ATTY

which is contiguous to the north side of the Kemess Underground and Kemess East deposits of AuRico Metals Inc., and

the

PIL

Property.

Finlay Minerals Ltd. trades under the symbol "FYL" on the TSX Venture Exchange. For further information and details please visit the Company's

website at

www.finlayminerals.com

On behalf of the Board of Directors,

Robert F. Brown

, P.Eng.

President & CEO

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.

SOURCE

Finlay Minerals Ltd.

View original content: http://www.newswire.ca/en/releases/archive/November2017/15/c5118.html

%SEDAR: 00018019E

For further information:

Finlay Minerals Ltd., John Barakso, Chairman of the Board, Tel: 604-684-3099, [email protected]

CO: Finlay Minerals Ltd.

CNW 19:26e 15-NOV-17