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Maple GOLD Reports Annual and Special General Meeting Results; Appoints Vice President, Compliance & Corporate Secretary

Management Changes Shareholder Meetings

PRESS RELEASE

December 18, 2020

MAPLE GOLD REPORTS ANNUAL AND SPECIAL GENERAL MEETING

RESULTS; APPOINTS VICE PRESIDENT, COMPLIANCE & CORPORATE

SECRETARY

Montreal, Quebec--(Newsfile Corp. – December 18, 2020) - Maple Gold Mines Ltd. (TSX-V:

MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to release

the results of its annual general and special meeting of shareholders held on Thursday,

December 17, 2020 (the “ Meeting”). The Company has also appointed Rona Sell ers to the

position of Vice President, Compliance & Corporate Secretary, effective immediately.

Results of Annual General & Special Meeting

All directors nominated as listed in the information circular dated Novembers 16, 2020, were

re-elected, as shown in the following table below:

Nominee Votes For % Votes

For

Votes

Withheld

% Votes

Withheld

B. Matthew Hornor 116,949,218 94.90% 6,280,167 5.10%

Maurice A. Tagami 116,697,362 94.70% 6,532,023 5.30%

Sean Charland 116,833,371 94.81% 6,396,014 5.19%

Dr. Gerald Riverin 116,939,578 94.90% 6,289,807 5.10%

Michelle Roth 117,086,422 95.02% 6,142,963 4.98%

At the Meeting, the shareholders of the company also approved:

• the re-appointment of Deloitte LLP as the auditor of the Company for the ensuing year

and authorized the directors to fix their remuneration;

• the Company’s new Equity Incentive Plan; and

• the continuation of the Company to the Province of British Columbia under the Business

Corporations Act (British Columbia).

Details of votes on all matters of business considered at the Meeting are available in the

Company’s report of voting results on SEDAR (www.sedar.com).

Appointment of Vice President, Compliance & Corporate Secretary

The Company is also pleased to announce the appointment of Rona Sellers as Vice President,

Compliance & Corporate Secretary. Prior to joining Maple Gold, Ms. Sellers served as

Corporate Secretary of Cordoba Minerals Corp. and Corporate Secretary and Ethics an d

Compliance officer of Kaizen Discovery Inc. Ms. Sellers is an innovative leader with an

entrepreneurial spirit, who provides effective and practical solutions to a public company’s

2

continuous disclosure requirements. Ms. Sellers holds a Bachelor of Arts degree in Political

Science from Simon Fraser University and a Bachelor of Laws (Hons) from City University

London.

About Maple Gold

Maple Gold Mines Ltd. controls the 357-square-kilometre Douay Gold Project located within the prolific

Abitibi Greenstone Gold Belt in northern Quebec, Canada. The Project has an established National

Instrument 43 -101 gold resource (RPA 2019) of 422,000 ounces in the Indicated category (8.6Mt

grading 1.52 g/t Au) and 2.35 million ounces in the Inferred category (71.2Mt grading 1.03 g/t Au) with

significant potential for resource expansion and new discoveries. On October 8, 2020, the Company

announced the signing of a binding term sheet with Agnico Eagle Mines Limited (“Agnico”) that

contemplates the formation of a 50-50 joint-venture (the “JV”), which will combine Maple Gold's Douay

Gold Project and Agnico's Joutel Project into a consolidated joint property package. For more

information, please visit www.maplegoldmines.com.

ON BEHALF OF MAPLE GOLD MINES LTD.

"Matthew Hornor"

B. Matthew Hornor, President & CEO

For Further Information Please Contact:

Ms. Shirley Anthony

Director, Corporate Communications

Cell: 778.999.2771

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 PRESS RELEASE.

Qualified Person: The scientific and technical data contained in this press release was reviewed and prepared under the

supervision of Fred Speidel, M.Sc., P.Geo., Vice-President Exploration of Maple Gold. Mr. Speidel is a Qualified Person under

National Instrument 43-101 Standards of Disclosure for Mineral Projects. For a description of QA/QC protocols, please visit

the Company's QA/QC page on its website at www.maplegoldmines.com.

Forward Looking Statements:

This press release contains "forward -looking information" and "forward -looking statements" (collectively referred to as

"forward-looking statements") within the meaning of applicable Canadian securities legislation in Canada, including statements

about the completion of the JV and the continuation into British Columbia. Forward-looking statements are 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. 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 Maple Gold Mines Ltd.'s filings with Canadian securities regulators available on

www.sedar.com or the Company's website at www.maplegoldmines.com. The Company 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.