MANDALAY RESOURCES Q1 2017 FINANCIAL RESULTS DATE AND CONFERENCE CALL

// May 10th, 2017

Mandalay Resources Corporation’s first quarter 2017 financial results will be released after market close on May 10, 2017, followed by a conference call with Mark Sander, President and Chief Executive Officer of Mandalay, for investors and analysts on May 11, 2017 at 8:00 am (Toronto time).

Analysts and interested investors are invited to participate using the following dial-in numbers:

Participant Number: (201) 689-8341
Participant Number (Toll free): (877) 407-8289
Conference ID: 13661457

A replay of the conference call will be available until 23:59 (Toronto time), May 25, 2017 and can be accessed using the following dial-in number:

Encore Toll Free Dial-in Number: (877) 660-6853
Encore ID: 13661457