Visible Gold Mines

Rouyn-Noranda, Québec, Canada – June 30, 2017 - Visible Gold Mines Inc. (TSXV: VGD) (Frankfurt: 3V4)  announces that its Board of Directors today granted stock options in respect of an aggregate of 600,000 common shares to Visible Gold Mines’ Directors and Officers. The exercise price of the options is $0.17 per share, which is equal to the closing price of Visible Gold Mines’ common shares on the TSX Venture Exchange on Thursday June 29, 2017. The options vest immediately and will expire in ten years. The options were granted under Visible Gold Mines’ 2007 Stock Option Plan.

About Visible Gold Mines

Visible Gold Mines Inc. is a dynamic company aggressively searching for the next important gold deposit in northwestern Québec, an area consistently ranked as one of the world’s best jurisdictions for mining and exploration.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

For further information, please contact:

Martin Dallaire, President and Chief Executive Officer
Telephone: 819 762-0107, Fax: 819 762-0097
E-mail: mdallaire@visiblegoldmines.com
Website: www.visiblegoldmines.com