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MGG.V ·

Minaurum Receives $3.5 Million From Warrant Exercise

Financings Share Capital & Compensation

NEWS RELEASE

MINAURUM GOLD INC.

FOR RELEASE: June 30, 2017 TRADING SYMBOL TSX.V:MGG

(MGG 2017 – NR #4)

Minaurum Receives $3.5 Million From Warrant Exercise

Minaurum Gold, Inc. ("Minaurum") is pleased to announce that it has received total proceeds of

$3.5 million from the exercise of warrants. The warrants were originally issued in private

placements undertaken between June 2015 and August 2015.

“We are grateful for this expression of confid ence from our long -term shareholders ,” stated

Darrell Rader, President and CEO. “ This significant injection of capital enhances our ability to

follow-up on the considerable success we have had at the Alamos Silver project in Southern

Sonora State. We look forward to updating the market shortly on our drilling plans as we

continue to identify targets on the four newly discovered high-grade vein systems.”

Minaurum Gold is a Mexico -focused explorer concentrated in southern Sonora State, the

Oaxaca-Chiapas Region, and the Guerrero Gold Belt. Managed by one of the strongest technical

and finance teams in Mexico, it is Minaurum's goal to continue its founders' legacy of creating

shareholder value by finding new district -scale mineral discoveries and executing accretive

mining transactions. For more information, please visit our website at www.minaurum.com and

our YouTube Minaurum Video Channel.

ON BEHALF OF THE BOARD

“Darrell A. Rader”

Darrell A. Rader

President and CEO

For more information, please contact:

Sunny Pannu – Investor Relations Manager

(778) 330 0994 or via email at [email protected]

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this

news release.

___________________________________________________________________________

2300 – 1177 West Hastings Street Telephone 778 330-0994

Vancouver, BC V6E 2K3 www.minaurum.com

[email protected]

Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release constitute forward -

looking information. In making the forward -looking statements in this release, Minaurum has applied certain

factors and assumptions that are based on Minaurum’ s current beliefs as well as assumptions made by and

information currently available to Minaurum. Although Minaurum considers these assumptions to be reasonable

based on information currently available to it, they may prove to be incorrect, and the forward -looking statements in

this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ

materially from those expressed or implied in such forward -looking statements. Readers are cautioned not to place

undue reliance on forward-looking statements. Minaurum does not intend, and expressly disclaims any intention or

obligation to, update or revise any forward -looking statements whether as a result of new information, future events

or otherwise, except as required by law.