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*Abitibi Royalties Inc. 
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TSX VENTURE COMPANIES

ABITIBI ROYALTIES INC. ("RZZ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation relating to Amended and Restated Letters of Intent Royalty Agreements dated January 26, 2016, between Abitibi Royalties Inc. ("Abitibi"), Golden Valley Mines Ltd. ("Golden Valley") and Golden Valley's joint venture partner, Integra Gold Corp. The terms of the agreements consist in Golden Valley's disposition to Abitibi of a 2% net smelter royalty (the "NSR") on each of two set of claims located in Quebec. The first set of claims includes two prospects called Bogside NW and Riverside, which consist of an aggregate of 10 mineral claims, and the second set of claims includes a prospect called Bogside, which consists of 15 mineral claims, all in Quebec.

The consideration payable by Abitibi for the acquisition of the NSR consists in the reimbursement to Golden Valley of future exploration work required to keep the Bogside mineral claims in good standing up to a maximum of $13,750.70 and the payment to Golden Valley of $11,692.92 in cash.

For further details, please refer to the press release of Abitibi dated February 18, 2016.

LES REDEVANCES ABITIBI INC. (" RZZ ")
TYPE DE BULLETIN : Convention d'achat de propriete, d'actif ou d'actions
DATE DU BULLETIN : Le 11 avril 2016
Societe du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepte le depot de la documentation relativement a des lettres d'intention de convention de royautes datees du 26 janvier 2016, entre Les redevances Abitibi inc. (" Abitibi "), Les mines de la vallee de l'or ltee (" Golden Valley ") et le partenaire de Golden Valley, Integra Gold Corp. Les modalites des ententes consistent en la vente par Golden Valley a Abitibi d'une royaute nette de fonderie (" NSR ") de 2% portant sur deux series de claims situees au Quebec. La premiere serie de claims inclue deux projets appeles Bogside NW et Riverside, qui consistent en un total de 10 claims miniers, et la deuxieme serie de claims inclue un projet appele Bogside qui consiste en 15 claims miniers, tous situes au Quebec.

La consideration payable par Abitibi pour l'acquisition des NSR consiste au remboursement a Golden Valley de travaux d'exploration futurs requis afin de garder les claims miniers Bogside en regle jusqu'a un maximum de 13 750,70 $ et le paiement a Golden Valley de 11 692,92 $ en especes.

Pour plus d'information, veuillez-vous referer au communique de presse de Golden Valley date du 18 fevrier 2016.
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