Mistango River Resources Sets Date for Annual General Shareholders' Meeting

Kirkland Lake, Ontario--(Newsfile Corp. - May 29, 2019) - Mistango River Resources Inc. (CSE: MIS) ("Mistango") has called an annual general meeting of Mistango shareholders to occur on September 10, 2019.

Mistango received a requisition from Orefinders Resources Inc. ("Orefinders") to hold an annual general meeting of Mistango and to propose an alternative slate of directors consisting primarily of Orefinders' directors or employees. Mistango's board of directors (the "Board") has reviewed the requisition and the qualifications of the alternative slate, and has concluded that the proposed alternative slate is not in the best interests of Mistango shareholders. Accordingly, Mistango will propose its own management recommended nominees for election to the Board at the shareholder meeting.

Mistango is a Canadian-based exploration and development company focusing on its Omega Mine project, with other properties in Ontario. For additional information about Mistango and its mining properties, please visit Mistango's website:

www.mistangoriverresources.ca

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that Mistango believes, expects or anticipates will or may occur in the future including, without limitation, statements relating to Mistango's proposed shareholder meeting, are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of Mistango based on information currently available to Mistango. Forward-looking statements are subject to a number of significant risks and uncertainties and other factors that may cause the actual results of Mistango to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or are not limited to, general business and economic uncertainties, future mineral prices and the inability of Mistango to close the Offering in a timely manner as contemplated herein.

Any forward-looking statement speaks only as at the date on which it is made and, except as may be required by applicable securities laws, Mistango disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Mistango believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

For further information please contact:

Donald Kasner, COO
Telephone: 1-705-567-5351
Fax: 1-705-567-5557

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/45121