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Moneta Reports Voting Results from Annual Meeting Symbol: TSX: ME

Shareholder Meetings

Moneta Reports Voting Results from Annual

Meeting

Symbol: TSX: ME

TORONTO

,

June 17, 2019

/CNW/ -

Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF)

(XETRA:MOP) ("Moneta" or the "Company")

announced approval of each of the matters set out

in the Corporation's Management Information Circular dated

May 9

, 2019 at the 2019 Annual and

Special Meeting of Shareholders held in

Toronto

on

June 14, 2019

(the "

Meeting

").

The total number of shares represented by shareholders present in person and by proxy at the

Meeting was 88,895,582, representing 33.32% of the Corporation's outstanding shares.

The eight director nominees proposed by management were elected by a show of hands with

proxies received as follows:

Nominee

Votes For

Percent

Withheld

Percent

Warren Bates

74,791,840

90.82%

7,557,435

9.18%

Rodney A. Cooper

74,797,345

90.83%

7,551,930

9.17%

Kevin B. Heather

74,717,345

90.73%

7,631,930

9.27%

Alex D. Henry

75,452,518

91.62%

6,896,757

8.38%

Gary V. O'Connor

75,002,840

91.08%

7,346,435

8.92%

Ian C. Peres

73,582,353

89.35%

8,766,922

10.65%

Patricia Sheahan

74,238,231

90.15%

8,111,044

9.85%

Mark Wayne

75,402,518

91.56%

6,946,757

8.44%

Final voting results, on all matters voted on at the Meeting, are available on SEDAR at

www.sedar.com

.

About Moneta

The Company holds a 100% interest in 6 core gold projects strategically located along the Destor-

Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production.

The projects consist of the Golden Highway,

North Tisdale

, Nighthawk Lake,

DeSantis East

,

Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective

ground along the DPFZ of which 4 km hosts the current 43-101 mineral resource estimate

comprised of an indicated resource of 383,400 ounces gold contained within 2.59 Mt @ 4.61 g/t Au

and a total of 873,200 ounces gold contained within 6.46 Mt @ 4.21 g/t Au in the inferred category

at a 3.00 g/t Au cut-off.

The Company's public documents may be accessed at

www.sedar.com

. For further information on

the Company, please visit our website at

www.monetaporcupine.com

or email us at

[email protected]

.

SOURCE

Moneta Porcupine Mines Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/June2019/17/c0800.html

%SEDAR: 00003301E

For further information:

Gary V. O'Connor, CEO and Chief Geologist, 416-357-3319; Ian C.

Peres, President and CFO, 416-579-3040

CO: Moneta Porcupine Mines Inc.

CNW 15:00e 17-JUN-19