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Val-d'Or Mining Announces Changes to Executive Team and Option Grants

Management Changes Share Capital & Compensation

Val-d'Or Mining Announces Changes to

Executive Team and Option Grants

Val-d'Or, Québec--(Newsfile Corp. - June 30, 2022) - Val-d'Or Mining Corporation (TSXV: VZZ) ("Val-

d'Or Mining" or the "Company") announces that after several years as VP Exploration for the Company,

Michael Rosatelli will be stepping down from his role with the Company to pursue additional

opportunities.

Dr. Scott Jobin-Bevans has been appointed by the board of directors as the VP

Exploration for the Company effective June 28, 2022.

Dr. Jobin-Bevans has 30 years of experience in the geosciences, including mineral exploration,

management and administration, lecturing, research, administrative reporting, technical report writing

(proposals, research articles), presentations (wide range of audiences), project finance, and mineral

processing. With more than 20 years of direct experience with public and private companies as an

officer, director and technical advisor, he has been involved with taking numerous private companies

public. Dr. Jobin-Bevans has a Ph.D. (Geology), is a registered geoscientist with the Association of

Professional Geoscientists of Ontario (APGO), an External Adjunct Professor in the Department of

Geology (Lakehead University, Ontario, Canada), and a certified Project Management Professional

(PMP).

Mr. Rosatelli will continue on with the Company as an advisor to assist where necessary and to facilitate

the transition of Dr. Jobin-Bevans.

The Company thanks Mr. Rosatelli for his years of service to the

Company and its stakeholders.

Concurrent with the appointment of Dr. Jobin-Bevans, the Company announces the appointment of

Michael Collins as the Company's Manager of Exploration.

The Company has also engaged Raymond

Wladichuk of Laurentienne Scientifique (

laurentiennescientifique.com

) to carry out the technical

operations of the Company's exploration programs.

Mr. Collins is a Professional Geologist and has 25 years of experience in the mining industry as a

geologist and executive with a number of mineral exploration and development companies with projects

in North America, South America, Australia, the far east and Africa, including activities in mineral

exploration, management and administration, and project finance.

Mr. Wladichuk, a Professional Geoscientist registered in Quebec, Ontario, and British Columbia, has

been a director and executive of a number of public and private mineral exploration companies. He has

over 10 years of experience in the mineral exploration and geotechnical industries managing exploration

teams in the execution of exploration programs. His geological and geotechnical background combined

with over 15 years in construction has seen him involved in some of Canada's largest oil and gas

infrastructure projects. He attended Simon Fraser University on an athletic football scholarship and

subsequently played (2010-2011) in the CFL for the Hamilton Tiger-Cats.

The Company's Board has granted incentive stock options to its officers and consultants entitling the

purchase of an aggregate 400,000 common shares at a per share price of $0.075 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

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.

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

https://www.newsfilecorp.com/release/129548