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Visible Gold Mines grants stock options

Drill Results Sampling & Geoscience Results Share Capital & Compensation

Visible Gold Mines grants stock options

/NOT FOR DISTRIBUTION TO

UNITED STATES

NEWSWIRE SERVICES OR FOR DISSEMINATION IN

THE UNITED

STATES

/

ROUYN-NORANDA, QC, June 30, 2017 /CNW Telbec/ -

Visible Gold Mines Inc. (TSXV: VGD) (

Frankfurt

: 3V4)

announces that its

Board of Directors today granted stock options in respect of an aggregate of 600,000 common shares to Visible Gold Mines' Directors and

Officers. The exercise price of the options is

$0.17

per share, which is equal to the closing price of Visible Gold Mines' common shares on the

TSX Venture Exchange on Thursday June 29, 2017. The options vest immediately and will expire in ten years. The options were granted under

Visible Gold Mines' 2007 Stock Option Plan.

About Visible Gold Mines

Visible Gold Mines Inc. is a dynamic company aggressively searching for the next important gold deposit in northwestern Québec, an area

consistently ranked as one of the world's best jurisdictions for mining and exploration.

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.

View original content: http://www.newswire.ca/en/releases/archive/June2017/30/c6948.html

%SEDAR: 00025339E

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 14:37e 30-JUN-17