Visible Gold Mines Announces Results of its Annual and Special Meeting of Shareholders

Visible Gold Mines Announces Results of its

Annual and Special Meeting of Shareholders

ROUYN-NORANDA, QC

,

Feb. 28, 2020

/CNW Telbec/ -

Visible Gold Mines Inc. (TSXV: VGD)

(Frankfurt: 3V41)

announces the voting results from its annual and special meeting of shareholders

held on

February 27, 2020

. At the meeting, the shareholders elected

Martin Dallaire

,

Sylvain

Champagne

, Pierre Vézina and Sébastien Bellefleur as directors of the Corporation. Following the

shareholders' meeting, the Board of Directors re-appointed

Martin Dallaire

as President and Chief

Executive Officer of the Corporation,

Sylvain Champagne

as Secretary and Chief Financial Officer of

the Corporation and Robert Sansfaçon as Vice President, Exploration of the Corporation.

Shareholders also approved resolutions ratifying and confirming the Corporation's stock option plan

and re

appointing Raymond Chabot Grant Thornton LLP, Chartered Professional Accountants, as

the auditors of the Corporation. In addition, shareholders approved a special resolution authorizing

an amendment to the Articles of the Corporation so as to change the name of the Corporation to

"QUAD Resources Ltd. – Ressources QUAD Ltée" or such other name as may be selected by the

Board of Directors of the Corporation in its discretion, if they decide to do so.

Also, Visible Gold Mines will move its head office, on

March 1, 2020

, to 147 Quebec avenue.

Rouyn-

Noranda

, Québec, J9X 6M8. The mailing address will be C.P. 491,

Rouyn-Noranda

, Québec, J9X

5C4.

About Visible Gold Mines

Visible Gold Mines is a resource company focused on acquiring and exploring precious metals in

northwestern Québec, considered one of the world's best jurisdictions for mining and exploration.

The Company has 22,239,339 shares outstanding.

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

the release.

Website:

www.visiblegoldmines.com

SOURCE

Visible Gold Mines Inc.

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http://www.newswire.ca/en/releases/archive/February2020/28/c3321.html

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For further information:

Martin Dallaire, President and Chief Executive Officer, Telephone: 819-

762-0107, Fax: 819-762-0097, E-mail: [email protected]

CO: Visible Gold Mines Inc.

CNW 16:44e 28-FEB-20