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Aurvista Gold Corporation Provides Financing Update and New Annual and Special Meeting Date

Shareholder Meetings

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE

SERVICES

Aurvista Gold Corporation Provides Financing Update and New

Annual and Special Meeting Date

Montreal (Quebec): Aurvista Gold Corporation ( “Aurvista” o r t h e “Company”) ( TSX‐V: AVA, OTC:

ARVSF; Frankfurt: AV2) i s p l e a s e d t o a n n o u n c e t h a t t h e C o m p a n y p l a n s t o i n c r e a s e t h e oversubscribed

hard dollar (“HD”) financing (see press releases dated June 2 and June 14, 2017) by $100,000, subject to

regulatory approval. The $4,100,000 total HD financing is expec ted to close on Monday, June 26, 2017. The

Company’s oversubscribed charity flow‐through (“CFT”) financing will remain at $6 ,000,000 for total

aggregate gross proceeds of $10,1 00,000. The CFT financing will close in two tranches with the first closing

date coinciding with the HD close date on June 26, 2017, and th e second tranche closing on July 14, 2017. For

additional information please ref er to the Company’s recent pre ss releases or visit the Company’s website at

www.aurvistagold.com.

Annual and Special Meeting Postponed:

On June 19, 2017 the Company announced that it was applying for a court order allowing it to postpone its

June 22, 2017 Annual and Special M eeting to a later date. On Ju ne 21 the Court issued an order allowing the

Company to hold its meeting not later than August 15, 2017. The new Annual and Special Meeting date shall

be August 15, 2017.

Douay Gold Project and Company Profile:

Aurvista Gold Corporation is a well‐funded gold exploration and development company focused on

a d v a n c i n g o n e o f t h e l a r g e s t u n developed gold projects in Quebec . T h e C o m p a n y ’ s d i s t r i c t ‐ s c a l e 3 0 5 k m ²

Douay Gold Project is located along a 40km segment of the Casa Berardi Deformation Zone within the prolific

Abitibi Greenstone Belt in northern Quebec. The Project hosts a multi‐million ounce gold deposit that

remains open in several directions, with excellent infrastructur e a n d s e v e r a l l a r g e s c a l e o p e r a t i n g m i n e s

within 150 km. The Douay Gold Project’s high‐grade zones are st ill intact (never been mined), the Project is

v i r t u a l l y r o y a l t y f r e e , a n d t h e C o m p a n y h a s a g g r e s s i v e p r o p e r t y‐wide exploration and drilling plans to

continue making new discoveries and building high‐quality ounce s in one of the best m ining jurisdictions in

t h e w o r l d . T h e C o m p a n y h a s 1 4 8 , 9 0 1 , 7 6 4 s h a r e s o u t s t a n d i n g t r a di n g o n t h e T S X V e n t u r e E x c h a n g e i n

Canada, the Frankfurt Stock Exchange in Germany and the OTCQB in the US. For more information, please

visit the Company’s website at www.aurvistagold.com.

For Further Information Please Contact:

Mr. Joness Lang

Office: +1 416.682.2674

Email: [email protected]

NEWS RELEASE

For Immediate Issue

June 23, 2017

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 PRESS RELEASE.

Forward Looking Statements:

This news release may contain forward-looking statements based on assumptions, uncertainties and management’s best

estimate of future events. Actual events or results could differ materially from the Company’s expectations and projections.

Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers should not place

undue reliance on forward-looking statements. When used here in, words such as “anticipate”, “will”, “intend” and similar

expressions are intended to iden tify forward-looking statements. For a more detailed discussion of such risks and other factors

that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to

Aurvista Gold Corporation’s filings with Canadian securities regulators available on www.sedar.com or the Company’s

website at www.aurvistagold.com.