VANCOUVER, British Columbia, Dec. 14, 2018 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE:
D7Q1) (“Monument” or the “Company”) is pleased to announce the results from its Annual General
Meeting held on December 14, 2018 in Vancouver, B.C., which had a turnout in person or by proxy of 32.56% of its issued
and outstanding shares. All of management's nominees for directors being Robert F. Baldock, Cathy Zhai, Zaidi Harun, Graham
Dickson, and Michael John Kitney were approved by shareholders. All resolutions were approved as proposed by more than 99% of the
shares voted.
Cathy Zhai, President and CEO commented, “I would personally like to thank our shareholders for their continuous
support as we head into 2019. We will focus on our objectives to unlock value in our mineral project portfolio, expand our gold
inventory and maintain discipline at our operations.”
For more information on these matters, please refer to Monument's Information Circular, available on SEDAR
(www.sedar.com) or visit our website at www.monumentmining.com.
About Monument
Monument Mining Limited (TSX-V: MMY, FSE: D7Q1) is an established Canadian gold producer that owns and operates
the Selinsing Gold Mine in Malaysia. Its experienced management team is committed to growth and is advancing several exploration
and development projects including the Mengapur Copper-Iron Project, in Pahang State of Malaysia, and the Murchison Gold Projects
comprising Burnakura, Gabanintha and Tuckanarra in the Murchison area of Western Australia. The Company employs approximately 195
people in both regions and is committed to the highest standards of environmental management, social responsibility, and health and
safety for its employees and neighboring communities.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at www.monumentmining.com or contact:
"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."
Forward-Looking Statement
This news release includes statements containing forward-looking information about Monument, its business
and future plans (“forward-looking statements”). Forward-looking statements are statements that involve expectations, plans,
objectives or future events that are not historical facts and include the Company’s plans with respect to its mineral projects and
the timing and results of proposed programs and events referred to in this news release. Generally, forward-looking
information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or
variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be
taken", "occur" or "be achieved". The forward-looking statements in this news release are subject to various risks, uncertainties
and other factors that could cause actual results or achievements to differ materially from those expressed or implied by the
forward-looking statements. These risks and certain other factors include, without limitation: risks related to general
business, economic, competitive, geopolitical and social uncertainties; uncertainties regarding the results of current exploration
activities; uncertainties in the progress and timing of development activities; foreign operations risks; other risks inherent in
the mining industry and other risks described in the management discussion and analysis of the Company and the technical reports on
the Company’s projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com. Material
factors and assumptions used to develop forward-looking statements in this news release include: expectations regarding the
estimated cash cost per ounce of gold production and the estimated cash flows which may be generated from the operations, general
economic factors and other factors that may be beyond the control of Monument; assumptions and expectations regarding the results
of exploration on the Company’s projects; assumptions regarding the future price of gold of other minerals; the timing and amount
of estimated future production; the expected timing and results of development and exploration activities; costs of future
activities; capital and operating expenditures; success of exploration activities; mining or processing issues; exchange rates; and
all of the factors and assumptions described in the management discussion and analysis of the Company and the technical reports on
the Company’s projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com. Although the
Company has attempted to identify important factors that could cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There
can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The
Company does not undertake to update any forward-looking statements, except in accordance with applicable securities
laws.