U.S. Markets close in 4 hrs 4 mins

Pacific Bay Shareholders Pass All Resolutions at ASGM

Newsfile Corp.

Vancouver, British Columbia--(Newsfile Corp. - June 28, 2018) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that shareholder's passed all resolutions put before the Company's Annual & Special General Meeting held June 21, 2018 in Vancouver. 29.69% of the outstanding shares were voted at the meeting by proxy and in person. Management's slate of three directors were elected: David Brett (96.23% in favour), Joel Tarrida (96.61% in favour), and Guilford Brett (96.20% in favour). Shareholders also approved the Company's stock option plan (96.55% in favour), the continuance of Lancaster & David as the Company's auditors for the ensuing year (96.64% in favour), and a 5 for 1 share consolidation (96.56% in favour), with such consolidation to be effected at the discresion of management. Management currently intends to proceed with the consolidation as soon as possible.

Pacific Bay Minerals Ltd.
Per/

David H. Brett, MBA
President & CEO
604-682-2421

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