Leagold Mining Receives Conditional Approval to Graduate to the TSX

VANCOUVER, July 7, 2017 /CNW/ - Leagold Mining Corporation (TSX-V: LMC) ("Leagold" or the "Company") is pleased to announce it has received conditional approval from the Toronto Stock Exchange (the "TSX") to graduate from the TSX Venture Exchange and list its common shares on the TSX.

Neil Woodyer, CEO, commented "Graduating to the TSX is another important milestone in our corporate development and gives us increased access to a larger pool of institutional investors as we continue building a mid-tier gold producer focused on Latin America."

Final approval of the TSX listing is subject to Leagold meeting certain standard and customary conditions required by the TSX. Leagold is in the process of satisfying these requirements and will issue a news release once the TSX issues a bulletin confirming the date on which trading on the TSX will commence. Upon completion of the final listing requirements, Leagold's common shares will be delisted from the TSX Venture Exchange and shares in the Company will commence trading on the TSX.

About Leagold Mining Corporation

Leagold is building a new mid-tier gold producer with a focus on opportunities in Latin America.Leagold is based in Vancouver, Canada and is listed on the TSX Venture Exchange under the trading symbol "LMC".The recent acquisition of the Los Filos Mine, a low-cost gold producer in Mexico, provides an excellent platform for growth.

On behalf of Leagold Mining Corporation

Neil Woodyer, Chief Executive Officer

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

SOURCELeagold Mining Corporation

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