Building Canada’s Next Gold Mining District

TMAC Resources Pours First Gold at Hope Bay

02/09/2017

TORONTO--(BUSINESS WIRE)-- TMAC Resources Inc. is pleased to report that it has completed its first gold pour today at its Hope Bay property located in Nunavut, Canada and remains on track to achieve commercial production this quarter. In addition, the Company’s processing plant, located adjacent to the Doris North Mine is in the final stages of commissioning and is transitioning to steady state production as planned.

ABOUT TMAC

TMAC holds a 100% interest in the Hope Bay Project located in Nunavut, Canada. TMAC is a fully financed, emerging gold producer, with the Doris Mine expected to achieve commercial production in the first quarter of 2017. The Company has a board of directors with depth of experience and market credibility and an exploration and development team with an extensive track record of developing high grade, profitable underground mines. TMAC’s shares trade on the Toronto Stock Exchange under the trading symbol TMR.

FORWARD-LOOKING INFORMATION

This release contains "forward-looking information” within the meaning of applicable securities laws that is intended to be covered by the safe harbours created by those laws. “Forward-looking information” includes statements that use forward-looking terminology such as “may”, “will”, “expect”, “anticipate”, “believe”, “continue”, “potential” or the negative thereof or other variations thereof or comparable terminology. Such forward-looking information includes, without limitation, bringing the Hope Bay Project into production, beginning with the timing of achieving commercial production of the Processing Plant at Doris in early 2017.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made, Furthermore, such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking information. See “Risk Factors” in the Company’s AIF dated February 25, 2016 filed on SEDAR at www.sedar.com for a discussion of these risks.

Source: TMAC Resources Inc.

TMAC Resources Inc.

Catharine Farrow

Chief Executive Officer

416-628-0216

or

Ann Wilkinson

Vice President, Investor Relations

416-628-0216

www.tmacresources.com

or

Renmark Financial Communications Inc.

Daniel Gordon

Tel: (416) 644-2020 or (514) 939-3989

dgordon@renmarkfinancial.com

www.renmarkfinancial.com

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Privacy Statement

TMAC Resources Inc.  (“TMAC”) values your privacy. This policy statement governs our practices with respect to the collection, use and disclosure of personal information on the Careers section of the TMAC web site.

Personal information is information that is personally identifiable to you and may include your name, e-mail address, phone number and mailing address, as the case may be. Personal information does not include the name, title or business address or telephone number of an employee of an organization. TMAC is not asking you to reveal any personal information while visiting our Careers site. On a voluntary basis, you may provide and disclose personal information to us in using the Careers section of this site.

TMAC will never disclose, sell or lease to any third party, any personal information that you provide on this site without your permission, unless required to do so by law.

When you submit a profile on the Careers section of this site you will become a registered user. By submitting your profile on the Careers section of this website you are consenting to TMAC’s collection and use of your personal information for the purpose of considering you for career opportunities with TMAC. You will be able to view, change and update the personal information that you have previously provided and disclosed at any time.

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If you have previously provided us with personal information and wish to verify or remove your personal information, please contact us using the information provided at the end of this Privacy Policy.

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TMAC treats your personal information as private, confidential information and strives to ensure that such information is protected at all times. TMAC is diligent in its efforts to protect your personal information, however as data transmission over the Internet is not secure, TMAC cannot guarantee that such information will not be lost, used unlawfully or modified in a fraudulent manner. Consequently, TMAC bears no liability for the use that may be made of the information by you or any third party.

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TMAC reserves the right to change this Privacy Policy Statement as it deems necessary and without prior notice. Any changes made to this Privacy Policy Statement will be in compliance with privacy laws in effect in Canada and will be posted on this page.

External Links
This site may contain links that take you to third party websites. This Privacy Policy Statement does not extend to the data collection practices of third parties and TMAC does not assume any responsibility for the privacy practices, policies or actions of third parties. TMAC recommends reading such third party privacy policies to make an informed decision as to whether or not you wish to use these sites based on their privacy practices.

Contact Us
If you have any questions regarding TMAC’s Privacy Policy Statement or practices, please contact us by phone at 416-628-0216, or by e-mail at privacy@tmacresources.com or in writing at TMAC Resources Inc. 95 Wellington Street West, Suite 1010, P.O. Box 44, Toronto, Ontario, M5J 2N7

By providing and disclosing personal information on the Careers section of TMAC’s website I agree with this Privacy Policy. I certify that the statements and answers provided by me in this application form and any supporting documents are true and complete. I understand and agree that false information may disqualify me from employment, or after employment, result in disciplinary action, to the extent permitted under applicable law, up to and including termination.

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