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Val-d'Or Mining Announces Annual Shareholder Meeting Results

Shareholder Meetings

Val-d'Or Mining Announces Annual

Shareholder Meeting Results

Val-d'Or, Quebec--(Newsfile Corp. - June 29, 2020) -

Val-d'Or Mining Corporation (TSXV: VZZ) ("Val-

d'Or Mining" or the "Company") announces the results of its annual general meeting of shareholders

held in Val-d'Or, Québec, and by telephone conference, on June 26, 2020.

At the meeting shareholders elected four directors, being Frank Mariage, Glenn J. Mullan, Lukas

Shewchuk and C. Jens Zinke.

Shareholders appointed MNP LLP as Val-d'Or Mining's auditor for the

ensuing year.

Andrew Pepper has been a valued and long-standing director of the company since September 11,

2014, and did not stand for re-election as a director at the meeting.

The board very sincerely thanks

Mr. Pepper for his hard work, dedication and efforts to the business and affairs of the Company over

the past many years and wishes him all the very best in his future endeavours.

Following the shareholder meeting, the Board reconstituted its Audit Committee and its

Compensation and Corporate Governance Committee.

The Board also appointed officers for the

ensuing year as follows:

President & Chief Executive Officer:

Glenn J. Mullan

Chief Financial Officer & Corporate Secretary

Rico De Vega

Chief Operating Officer:

C. Jens Zinke

Vice President, Exploration:

Michael P. Rosatelli

The Company's Board has granted incentive stock options to its directors, officers, employees and

consultants entitling the purchase of an aggregate 1,311,350 common shares at a per share price of

$0.15 for a period of 5 years.

For additional information, please contact:

Glenn J. Mullan

President & Chief Executive Officer

2864 chemin Sullivan

Val-d'Or, Québec J9P 0B9

Tel.: 819-824-2808

Forward Looking Statements:

This news release contains certain statements that may be deemed "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", "estimates",

"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 based on reasonable assumptions, such statements are not

guarantees of future performance and actual results or realities may differ materially from those in

forward looking statements. Forward looking 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 forward-looking statements in the event

that management's beliefs, estimates or opinions, or other factors, should change.

Neither TSX Venture Exchange nor its Regulation 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 CANADIAN LAWS, IS NOT 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

OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES.

THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE

UNITED STATES SECURITIES 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.

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES

OR TO U.S. NEWS AGENCIES

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/58750