Moneta Announces Election of Directors

TIMMINS, ON, June 6, 2016 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) (the "Company") announced that the six nominees, listed in the management information circular for the 2016 Annual Meeting of Shareholders, were elected as Directors of the Company at the annual general meeting held in Toronto on June 3, 2016 (the "Meeting").

Detailed results of the vote for the election of directors held at the Meeting are set out below:

Nominee Votes For Percent Withheld Percent

Warren Bates 47,050,062 99.56% 209,000 0.44% Richard A. Boulay 44,515,809 94.20% 2,743,253 5.80% Alex D. Henry 45,591,282 96.47% 1,667,780 3.53% Ian C. Peres 46,851,562 99.14% 407,500 0.86% Patricia Sheahan 47,048,037 99.55% 211,025 0.45% Mark Wayne 47,050,062 99.56% 209,000 0.44%

Final voting results, on all matters voted on at the Meeting, are available on SEDAR at www.sedar.com.

About Moneta

Moneta holds a 100% interest in 5 core gold projects strategically located along the Destor Porcupine Fault Zone in the world class Timmins Camp with over 85 million ounces of past gold production. The Golden Highway Project covers 12 kilometres of a highly prospective volcanic/sedimentary belt along the Destor Porcupine Fault Zone and currently hosts a NI 43-101 resource estimate of 1,091,000 ounces indicated (31.1 Mt at 1.09 g/t Au) plus 3,204,000 ounces inferred (83.3 Mt at 1.20 g/t Au), clustered within four kilometres.

Moneta's public documents may be accessed at www.sedar.com. For further information on Moneta, please visit our website at www.monetaporcupine.com or email us at [email protected].

SOURCE Moneta Porcupine Mines Inc.

%SEDAR: 00003301E

For further information: Ian C. Peres, President & CEO, 416-579-3040 (Toronto), 705-264-2296 (Timmins), [email protected]

CO: Moneta Porcupine Mines Inc.

CNW 16:30e 06-JUN-16