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Richmond Minerals Inc. - Corporate Update

Corporate Updates

Richmond Minerals Inc. - Corporate Update

TORONTO

,

Aug. 14, 2017

/CNW/ - Richmond Minerals Inc. (

TSX-V: RMD

) ("

Richmond

") is pleased to announce that shareholders voted in favour of all Director

Nominees, the appointment of

Wasserman Ramsay

, Chartered Accountants as auditors, and the approval of the Corporation's rolling stock option plan at

Richmond's

Annual and Special meeting which took place

August 14, 2017

. The Director Nominees elected are:

Franz Kozich-Koschitzky

, President, CEO and

Director, and Directors

Andrew McQuire

,

Paul Millar

,

Bogdan Nitescu

and

Lee Bowles

.

CAUTIONARY STATEMENT: Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility

for the adequacy or accuracy of this release. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking

information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially

from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited

to, Richmond's objectives, goals or future plans, including successful completion of the Offering. Factors that could cause actual results to differ materially from

such forward-looking information include, but are not limited to, changes in general economic conditions and conditions in the financial markets; changes in

demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments, and those risks set out

in Richmond's public documents filed on SEDAR. Although Richmond believes that the assumptions and factors used in preparing the forward-looking

information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release,

and no assurance can be given that such events will occur in the disclosed time frames or at all. Richmond disclaims any intention or obligation to update or

revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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 news release.

On Behalf of Richmond Minerals,

{signed}

Franz Kozich

President

SOURCE

Richmond Minerals Inc.

View original content: http://www.newswire.ca/en/releases/archive/August2017/14/c6860.html

%SEDAR: 00009282E

For further information:

Warren Hawkins, P. Eng, Exploration Manager at (416) 603-2114.

CO: Richmond Minerals Inc.

CNW 15:16e 14-AUG-17