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VZZ.V ·

Val-D’Or Mining Corporation Grants Incentive Stock Options

Share Capital & Compensation

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES

OR TO U.S. NEWS AGENCIES

2864 chemin Sullivan

Val-d’Or, Québec J9P 0B9

819.824.2808 (main)

819.824.3379 (fax)

[email protected]

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VAL-D’OR MINING CORPORATION GRANTS INCENTIVE STOCK OPTIONS

Val-d’Or, Québec, February 8, 2018 — Val-d’Or Mining Corporation (TSX-V:MZZ) (the

“Company”) announces that it has granted incentive stock op tions to the Company’s directo rs,

officers, employees and consultants, which entitle the purchase of an aggregate 2,600,000

common shares in the capital of the Company at a per share exer cise price of $0.105 until

February 5, 2023. Any common shares issued on exercise of thes e options will be subject to a

hold period until June 6, 2018, pursuant to applicable legislat ion and the policies of the TSX

Venture Exchange.

About Val-d’Or Mining Corporation

Val-d’Or Mining Corporation is a junior natural resource issuer involved in the process of exploring,

evaluating and promoting its mineral property assets. The Comp any holds an option to acquire a 100%

interest in 61 grassroots properties located in Ontario and Qué bec; in addition to which it holds a 100%

interest in the Marymac Prospect consisting of 43 Map Designate d Units located in the Labrador Trough

of Québec, subject to a 2% NSR; a 100% interest in the Shoot-Ou t Prospect, which is the combination of

two properties, Shoot-Out East a nd Shoot-Out West, and consists of 63 claims located in the Raglan Belt

of northern Québec, subject to a 3% NSR; a 100% interest in the Fortin Prospect consisting of five

contiguous mining claims located in the central part of Ducros Township, approximatively 80 kilometres

northeast of the city of Val-d’Or, Québec, subject to a 1.5% NS R; and holds a 100% interest in the

Chibougamau-Chapais Prospect, a non-contiguous group of 40 clai ms, located in the Chibougamau area

in central Québec, which were staked by the Company in the second quarter of 2016.

For additional information, please contact:

Glenn J. Mullan

2864 chemin Sullivan

Val-d’Or, Québec J9P 0B9

Tel.: 819-824-2808, x 204

Email: [email protected]

Forward Looking Statements:

This news release contains certain statements that may be deeme d “forward-looking statements. Forward looking

statements are statements that are not historical facts and are generally, but not always, identified by the words

“expects”, “plans”, “anticipates”, “believes”, “intends”, “esti mates”, “projects”, “potential” and similar expressions,

or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the

expectations expressed in such forward-looking statements are b ased on reasonable assumptions, such statements

are not guarantees of future p erformance and actual results or realities may differ materially from those in forward

looking statements. Forward look ing statements are based on the beliefs, estimates and opinions of the Company’s

management on the date the statements are made. Except as required by law, the Company undertakes no obligation

to update these forwar d-looking statements i n the event that ma nagement’s beliefs, estimates or opinions, or other

factors, should change.

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES

OR TO U.S. NEWS AGENCIES

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Neither TSX Venture Exchange nor its Re gulation Services Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADI AN LAWS, IS NO T FOR

DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND

DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OF FER TO SELL ANY

OF THE SECURITIES DESCRIBED HEREI N IN THE UNITED STATES. THESE SECURITIES HAVE

NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES S ECURITIES ACT OF

1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD

IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.