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Monument Mining Announces Results of Annual General Meeting of Shareholders

Shareholder Meetings

December 14, 2018 News R elease Release #22 - 2018

Monument Mining Announces Results of Annual General Meeting of Shareholders

Vancouver, British Columbia – Monument Mining Limit ed (TSX-V: MMY and FSE: D7Q1) (“ Monument ” or the

“Company ”) is pleased to announce the results from its Annu al General Meeting held on December 14, 2018 in

Vancouver, B.C., which had a turnout in person or b y proxy of 32.56% of its issued and outstanding sha res. All of

management's nominees for directors being Robert F. Baldock, Cathy Zhai, Zaidi Harun, Graham Dickson, and Michael

John Kitney were approved by shareholders. All reso lutions were approved as proposed by more than 99% of the shares

voted.

Cathy Zhai, President and CEO commented, “I would p ersonally like to thank our shareholders for their continuous

support as we head into 2019. We will focus on our objectives to unlock value in our mineral project p ortfolio, expand

our gold inventory and maintain discipline at our operations.”

For more information on these matters, please refer to Monument's Information Circular, available on S EDAR

(www.sedar.com ) or visit our website at www.monumentmining.com .

About Monument

Monument Mining Limited (TSX-V: MMY, FSE: D7Q1) is an established Canadian gold producer that owns and

operates the Selinsing Gold Mine in Malaysia. Its e xperienced management team is committed to growth a nd is

advancing several exploration and development proje cts including the Mengapur Copper-Iron Project, in Pahang State of

Malaysia, and the Murchison Gold Projects comprisin g Burnakura, Gabanintha and Tuckanarra in the Murch ison area of

Western Australia. The Company employs approximatel y 195 people in both regions and is committed to th e highest

standards of environmental management, social respo nsibility, and health and safety for its employees and neighboring

communities.

Cathy Zhai, President and CEO

Monument Mining Limited

Suite 1580 -1100 Melville Street

Vancouver, BC V6E 4A6

FOR FURTHER INFORMATION visit the company web site at www.monumentmining.com or contact:

Richard Cushing, MMY Vancouver T: +1-604-638-1661 x102 [email protected]

Wolfgang Seybold, Axino GmbH T: +49 711-82 09 721 1 [email protected]

"Neither 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."

Forward-Looking Statement

This news release includes statements containing fo rward-looking information about Monument, its busin ess and future plans

(“forward-looking statements”). Forward-looking sta tements are statements that involve expectations, p lans, objectives or future

events that are not historical facts and include th e Company’s plans with respect to its mineral proje cts and the timing and results of

proposed programs and events referred to in this news release. Generally, forward-looking information can be identified by the use of

forward-looking terminology such as "plans", "expec ts" or "does not expect", "is expected", "budget", "scheduled", "estimates",

"forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such w ords and phrases or state that

certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The forward-looking

statements in this news release are subject to vari ous risks, uncertainties and other factors that cou ld cause actual results or

achievements to differ materially from those expres sed or implied by the forward-looking statements. These risks and certain other

factors include, without limitation: risks related to general business, economic, competitive, geopoli tical and social uncertainties;

uncertainties regarding the results of current exploration activities; uncertainties in the progress and timing of development activities;

foreign operations risks; other risks inherent in t he mining industry and other risks described in the management discussion and

analysis of the Company and the technical reports o n the Company’s projects, all of which are availabl e under the profile of the

Company on SEDAR at www.sedar.com. Material factor s and assumptions used to develop forward-looking s tatements in this news

release include: expectations regarding the estimated cash cost per ounce of gold production and the estimated cash flows which may

be generated from the operations, general economic factors and other factors that may be beyond the co ntrol of Monument;

assumptions and expectations regarding the results of exploration on the Company’s projects; assumptions regarding the future price

of gold of other minerals; the timing and amount of estimated future production; the expected timing a nd results of development and

exploration activities; costs of future activities; capital and operating expenditures; success of exp loration activities; mining or

processing issues; exchange rates; and all of the f actors and assumptions described in the management discussion and analysis of the

Company and the technical reports on the Company’s projects, all of which are available under the profile of the Company on SEDAR

at www.sedar.com. Although the Company has attempt ed to identify important factors that could cause a ctual results to differ

materially from those contained in forward-looking statements, there may be other factors that cause r esults not to be as anticipated,

estimated or intended. There can be no assurance th at such statements will prove to be accurate, as ac tual results and future events

could differ materially from those anticipated in s uch statements. Accordingly, readers should not pla ce undue reliance on forward-

looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable

securities laws .