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2016-02-16

Mandalay Resources Corporation: Mandalay Resources Corporation Provides Notice of Fourth Quarter and Full-Year 2015 Financial Results and Conference Call

TORONTO, Feb. 16, 2016 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation
("Mandalay" or "the Company") (TSX:MND) today announced that its fourth
quarter and full-year 2015 financial results will be released after market
close on February 18, 2016, followed by a conference call with Mandalay CEO
Brad Mills for investors and analysts on February 19, 2016 at 8:00 am
(Toronto time).

Analysts and interested investors are invited to participate using the
following dial-in numbers:

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| Participant Number: (201) 689-8341 |
| Participant Number (Toll free): (877) 407-8289 |
| Conference ID: 13629257 |
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A replay of the conference call will be available until 23:59 pm (Toronto
time), March 4, 2016 and can be accessed using the following dial-in number:

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| Encore Toll Free Dial-in Number: (877) 660-6853 |
| Encore ID: 13629257 |
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About Mandalay Resources Corporation:

Mandalay Resources is a Canadian-based natural resource company with producing
assets in Australia, Chile, and Sweden, and a development project in Chile.
The Company is focused on executing a roll-up strategy, creating critical
mass by aggregating advanced or in-production gold, copper, silver and
antimony projects in Australia, the Americas, and Europe to generate
near-term cash flow and shareholder value.

For Further Information:

Bradford Mills
Chief Executive Officer

Greg DiTomaso
Director of Investor Relations

Contact:
+1.647.260.1566

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Mandalay Resources Corporation via Globenewswire

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