VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 17, 2016) - Fairmont Resources Inc. (TSX
VENTURE:FMR) ("Fairmont") announces that its board of directors has granted a total of 1,815,000 stock options to its
directors, officer and consultants. The options are exercisable at a price of $0.18 per share and expire on either June 17,
2021 (directors and officers) or June 17, 2018 (consultants) from the date of grant.
About Fairmont
Fairmont Resources Inc. is a rapidly growing industrial mineral and dimensional stone company trading on the Toronto Venture
Exchange symbol FMR.
Fairmont's Quebec properties cover numerous occurrences of high-grade titaniferous magnetite with vanadium, with the Buttercup
property having a permit to quarry dense aggregate. Where these occurrences have been tested they have display exceptional
uniformity with respect to grade. Fairmont also controls three quartz/quartzite properties, with the Forestville property having
independent end user testing confirming the suitability of quartzite from Forestville for Ferro Silicon production. Fairmont is
also in the process of acquiring the assets of Granitos de Badajoz (GRABASA) in Spain which includes 23 quarries and a 40,000
square metre granite finishing facility that has produced finished granite installed across Europe.
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of
this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not
guarantees of future performance. Fairmont cautions that all forward looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many of which are beyond Fairmont's control. Such factors include,
among other things: risks and uncertainties relating to Fairmont's exploration program of its mineral properties and Fairmont's
limited operating history. Accordingly, actual and future events, conditions and results may differ materially from the
estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under
applicable securities legislation, Fairmont undertakes no obligation to publicly update or revise forward-looking information.
Except as required under applicable securities legislation, Fairmont undertakes no obligation to publicly update or revise
forward-looking information.
NEITHER 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.