MANDALAY RESOURCES PROVIDES TARGET RELEASE DATE FOR SECOND QUARTER 2019 FINANCIAL RESULTS AND CONFERENCE CALL

// August 8th, 2019

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: 13693286

A replay of the conference call will be available until 11:59 PM (Toronto time), August 22, 2019, and can be accessed using the following dial-in number:

Encore Toll Free Dial-in Number: (877) 660-6853
Encore ID: 13693286