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J.A.G. Mines Ltd. 
Listed Company 

J.A.G. LTEE (LES MINES) ("JML.H")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Remain Suspended
BULLETIN DATE: December 13, 2016
NEX Company

TSX Venture Exchange (the "Exchange") has accepted for filing the documentation relating to an arm's-length agreement dated November 22, 2016, in connection with the disposition by Les Mines J.A.G. Ltee (the "Company") of its remaining 45% interest in the Malartic Property (24 mining claims in the Malartic mining camp). Pursuant to the agreement, Khalkos Exploration Inc. ("Khalkos") can acquire the remaining 45% interest in the Malartic Property in consideration of the issuance of 2,000,000 common shares and a cash payment of $200,000.

The Exchange has also accepted for filing the documentation relating to the addendum dated November 22, 2016 to the option agreement dated June 12, 2015 pursuant to which Khalkos had the option to acquire a 55% interest in the Malartic Property from the Company in consideration, over a period of three years, of the issuance of a total 1,000,000 common shares, cash payments of a total of $50,000 and exploration works for a total of $1,000,000. Pursuant to the addendum, the total of required exploration works was reduced from $1,000,000 to $350,000.

Upon Khalkos acquisition of a 100% interest in the Malartic Property, Khalkos will grant a 1% net smelter return (NSR) to the Company.

For further information, please refer to the Company's press release dated December 12, 2016.

Further to the TSX Venture bulletin dated August 4, 2016, trading in the shares of the Company will remain suspended.

LES MINES J.A.G. LTEE ("JML.H")
TYPE DE BULLETIN : Convention de vente d'actif ou convention de vente d'actions, suspension maintenue
DATE DU BULLETIN : Le 13 decembre 2016
Societe NEX

Bourse de croissance TSX (la " Bourse ") a accepte le depot de documents relativement a une convention datee du 22 novembre 2016 aupres d'une personne n'ayant aucun lien de dependance avec Les Mines J.A.G. Ltee (la " societe "), relativement a la vente par la societe de son interet residuel de 45% dans la propriete Malartic (24 claims miniers situes dans le camp minier Malartic). En vertu de la convention, Exploration Khalkos inc. (" Khalkos ") peut acquerir l'interet residuel de 45 % dans la propriete Malartic en consideration de l'emission de 2 000 000 d'actions ordinaires et du paiement en especes de 200 000 $.

La Bourse a egalement accepte le depot de documents relativement a l'addendum a la convention d'option datee du 12 juin 2015 visant l'acquisition l'interet de 55 % de la societe dans la propriete Malartic en consideration de l'emission d'un total de 1 000 000 d'actions ordinaires, de paiements en especes d'un total de 50 000 $ et de travaux d'exploration d'un total de 1 000 000 $, le tout sur une periode de trois ans. En vertu de l'addendum, le total des travaux d'exploration requis a ete diminue de 1 000 000 $ a 350 000 $.

Suite a l'acquisition d'un interet de 100 % dans la propriete Malartic, Khalkos octroiera une royaute " NSR " de 1% a la societe.

Pour plus d'information, veuillez vous referer au communique de presse emis par la societe le 12 decembre 2016.

Suite au bulletin de la Bourse de croissance TSX date du 4 aout 2016, la negociation sur les actions de la societe demeurera suspendue.
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