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Lundin GOLD Announces Voting Results from Annual General Meeting

Shareholder Meetings

NEWS RELEASE

LUNDIN GOLD ANNOUNCES VOTING RESULTS

FROM ANNUAL GENERAL MEETING

June 1, 2018 (Vancouver, Canada) Lundin Gold Inc. (“Lundin Gold” or the “Company”)

(TSX: LUG, Nasdaq Stockholm: LU G) is pleased to report the voting results from the

Company’s 2018 Annual General Meeting of Shareholders (“Annual Meeting”), which was held

earlier today in Vancouver, British Columbia.

Election of Directors

The nominees listed in the management proxy circular for the Annual Meeting were elected as

directors of the Company. The detailed results of the vote for the election of directors held at

the Annual Meeting are set out below.

Nominee Votes For % For Votes

Withheld % Withheld

Carmel Daniele 176,441,416 99.96% 66,196 0.04%

Ian W. Gibbs 176,435,017 99.96% 72,595 0.04%

Chantal Gosselin 176,448,251 99.97% 59,361 0.03%

Ashley Heppenstall 168,887,390 95.68% 7,620,222 4.32%

Ron F. Hochstein 168,779,439 95.62% 7,728,173 4.38%

Craig Jones 168,683,113 95.57% 7,824,499 4.43%

Lukas H. Lundin 164,627,781 93.27% 11,879,831 6.73%

Paul McRae 176,352,012 99.91% 155,600 0.09%

Michael Nossal 168,781,633 95.62% 7,725,979 4.38%

Istvan Zollei 168,772,224 95.62% 7,735,388 4.38%

The ten nominees will serve on the Company’s board of directors until the next annual meeting

of shareholders or until their successors are elected or appointed.

Appointment of Auditors

Shareholders reappointed PricewaterhouseCoopers LLP as auditor of the Company for the

upcoming year and authorized the directors of the Company to fix the remuneration of the

auditor. The voting results were as follows:

Votes For % For Votes Withheld % Withheld

178,427,703 99.96% 79,577 0.04%

Additional Information

The information in this release is subject to the disclosure requirements of Lundin Gold under

the EU Market Abuse Regulation. This information was submitted for publication on June 1,

2018 at 2:30 p.m. PT through the contact persons set out below.

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About Lundin Gold

Lundin Gold, headquartered in Vancouver, Canada, is developing its wholly -owned Fruta del

Norte gold project in southeast Ecuador. Fruta del Norte is one of the world’s largest, highest-

grade gold projects currently under construction. The Company's board and management

team have extensive expertise in mine construction and operations, and are dedicated to

advancing this project through to first gold production in the fourth quarter of next year.

The Company operates with transparency and in accordance with international best practices.

Lundin Gold is committed to delivering value to its shareholders, while simultaneously

providing economic and social benefits to impacted communities, fostering a healthy and safe

workplace and minimizing the environmental impact. The Company believes that the value

created through the development of Fruta del Norte will benefit its shareholders, the

Government and the people of Ecuador.

For more information, please contact

Lundin Gold Inc.

Ron F. Hochstein

President and CEO

+593 2-299-6400

+604-806-3589

Lundin Gold Inc.

Sabina Srubiski

Manager, Investor Relations

+1-604-806-3089

[email protected]

www.lundingold.com

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