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ORV.TO ·

Orvana to Attend Precious Metals Summit

Marketing Announcement

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For Immediate Release TSX:ORV

Date: September 15, 2017 #11-2017

ORVANA TO ATTEND PRECIOUS METALS SUMMIT

TORONTO, ONTARIO, September 15, 2017 - Orvana Minerals Corp. (TSX:ORV) (the “Company” or

“Orvana”) is pleased to announce that Mr. James Gilbert, Chairman and Chief Executive Officer, and Mr.

Jeffrey Hillis, Chief Financial Officer, will be attending the Precious Metals Summit at Beaver Creek, Colorado

from September 18-20, 2017.

Mr. Gilbert will be presenting on Wednesday, September 20, 2017 at 11:45 a.m. (MT) . A webcast of the

presentation will be available on Orvana’s website.

About Orvana

Orvana is a multi -mine gold and copper producer . Orvana’s operating assets consist of the producing gold-

copper-silver El Valle mine in northern Spain and the producing gold-copper-silver Don Mario mine in Bolivia.

Additional information is available at Orvana’s website (www.orvana.com).

For further information please contact:

Jeff Hillis

Chief Financial Officer

T (416) 369-6275

E [email protected]

Cautionary Statements - Forward-Looking Information

Certain statements in this information constitute forward-looking statements or forward- looking information within the

meaning of applicable securities laws (“forward-looking statements”). Any statements that express or involve discussions

with respect to predictions, expectations, beliefs, plans, project ions, objectives, assumptions, potentials, future events or

performance (often, but not always, using words or phrases such as “believes”, “expects”, “plans”, “estimates” or “intends”

or stating that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “are projected to” be taken or

achieved) are not statements of historical fact, but are forward-looking statements.

The forward-looking statements herein relate to, among other things, Orvana’s ability to achieve improvement in free cash

flow; the potential to extend the mine life of El Valle and Don Mario beyond their current life-of -mine estimates including

specifically, but not limited to in the case of Don Mario, the completion of the major tailings storage facility expansion, t he

mining of the Cerro Felix deposit, the processing of the mineral stockpiles and the reprocessing of the tailings material ;

Orvana’s ability to optimize its assets to deliver shareholder value; the Company’s ability to optimize productivity at Don

Mario and El Valle; estimates of future production, operating costs and capital expenditures; mineral resource and reserve

estimates; statements and information regarding future feasibility studies and their results; future transactions; future metal

prices; the ability to achieve additional growth and geographic diversification; future financial performance, including the

ability to increase cash flow and profits; future financing requirements; and mine development plans.

Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered

reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic

and competitive uncertainties and contingencies. The estimates and assumptions of the Company contained or

incorporated by reference in this information, which may prove to be incorrect, include, but are not limited to, the various

assumptions set forth herein and in Orvana’s most recently filed Management’s Discussion & Analysis and Annual

Information Form in respect of the Company’s most recently completed fiscal year (the “Company Disclosures”) or as

otherwise expressly incorporated herein by reference as well as: there being no significant disruptions affecting operations,

whether due to labour disruptions, supply disruptions, power disruptions, damage to equipment or otherwise; permitting,

development, operations, expansion and acquisitions at El Valle and Don Mario being consistent with the Company’s

current expectations; political developments in any jurisdiction in which the Company operates being consistent with its

current expectations; certain price assumptions for gold, copper and silver; prices for key supplies being approximately

consistent with current levels; production and cost of sales forecasts meeting expectations; the accuracy of the Company’s

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current mineral reserve and mineral resource estimates; and labour and materials costs increasing on a basis consistent

with Orvana’s current expectations.

A vari ety of inherent risks, uncertainties and factors, many of which are beyond the Company’s control, affect the

operations, performance and results of the Company and its business, and could cause actual events or results to differ

materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of

these risks, uncertainties and factors include fluctuations in the price of gold, silver and copper; the need to recalculate

estimates of resources based on actual production experience; the failure to achieve production estimates; variations in

the grade of ore mined; variations in the cost of operations; the availability of qualified personnel; the Company’s ability to

obtain and maintain all necessary regulatory approvals and licenses; the Company’s ability to use cyanide in its mining

operations; risks generally associated with mineral exploration and development, including the Company’s ability to

continue to operate the El Valle and/or Don Mario and/or ability t o resume long -term operations at Carlés Mine; the

Company’s ability to acquire and develop mineral properties and to successfully integrate such acquisitions; the

Company’s ability to execute on its strategy; the Company’s ability to obtain financing when required on terms that are

acceptable to the Company; challenges to the Company’s interests in its property and mineral rights; current, pending and

proposed legislative or regulatory developments or changes in political, social or economic conditions in t he countries in

which the Company operates; general economic conditions worldwide; and the risks identified in the Company’s

Disclosures under the heading “Risks and Uncertainties”. This list is not exhaustive of the factors that may affect any of

the Company’s forward-looking statements and reference should also be made to the Company’s Disclosures for a

description of additional risk factors.

Any forward-looking statements made in this information with respect to the anticipated development and exploration of

the Company’s mineral projects are intended to provide an overview of management’s expectations with respect to certain

future activities of the Company and may not be appropriate for other purposes.

Forward-looking statements are based on management’s current plans, estimates, projections, beliefs and opinions and,

except as required by law, the Company does not undertake any obligation to update forward-looking statements should

assumptions related to these plans, estimates, projections, beliefs and opinions change. Readers are cautioned not to put

undue reliance on forward-looking statements.

The forward-looking statements made in this information are intended to provide an overview of management’s

expectations with respect to certain futur e operating activities of the Company and may not be appropriate for other

purposes.