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Mandalay Resources Corporation: Mandalay Resources Provides Notice of Third Quarter 2016 Financial Results and Conference Call

TORONTO, Oct. 27, 2016 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation
("Mandalay" or "the Company") (TSX:MND) today announced that its third
quarter 2016 financial results will be released after market close on
November 2, 2016, followed by a conference call with Mark Sander, President
and Chief Executive Officer of Mandalay, for investors and analysts on
November 3, 2016 at 8:00 am (Toronto time).

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

| Participant Number: (201) 689-8341 |
| Participant Number (Toll free): (877) 407-8289 |
| Conference ID: 13648323 |
A replay of the conference call will be available until 23:59 (Toronto time),
November 18, 2016 and can be accessed using the following dial-in number:

| Encore Toll Free Dial-in Number: (877) 660-6853 |
| Encore ID: 13648323 |
For Further Information:

Mark Sander
President and Chief Executive Officer

Greg DiTomaso
Director of Investor Relations


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.


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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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