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Generation Mining Announces Passing of Chief Financial Officer

T.GENM

Toronto, Ontario--(Newsfile Corp. - November 18, 2019) - Generation Mining Limited (CSE: GENM) ("Gen Mining" or the "Company") regrets to announce that Halina McGregor, Chief Financial Officer of the Company, passed away on Thursday November 14, 2019 in Toronto, Ontario. Jamie Levy, President and Chief Executive Officer states: "The entire Generation Mining family mourns her loss. On behalf of our Board of Directors, management team and employees, we extend our deepest sympathies to Halina's family. Halina brought experience, passion, and positive energy to Generation Mining. She was greatly respected and will be missed by all."

Patricia Mannard, the current Vice-President - Finance, has been appointed as interim Chief Financial Officer while the Company actively searches to identify a suitable permanent replacement.

About Generation Mining Limited

Generation Mining Limited is a precious and base metal exploration and development company with various property interests throughout Canada. Its primary business objective is to develop the large Marathon palladium-copper project through exploration and an upcoming Preliminary Economic Analysis to be followed, if warranted, by a Definitive Feasibility Study. The Company's common shares trade on the Canadian Securities Exchange ("CSE") under the symbol GENM.

For further information please contact:

Jamie Levy
President and Chief Executive
Officer
(416) 640-2934
(416) 567-2440
jlevy@genmining.com

Forward-Looking Information

This news release includes certain information that may be deemed "forward-looking information" under applicable securities laws. All statements in this release, other than statements of historical facts, that address acquisition of the Property and future work thereon, Mineral Resource and Reserve potential, exploration activities and events or developments that the Company expects is forward-looking information. Although the Company believes the expectations expressed in such statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the statements. There are certain factors that could cause actual results to differ materially from those in the forward-looking information. These include the results of the Company's due diligence investigations, market prices, exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking information. For more information on the Company, investors are encouraged to review the Company's public filings at www.sedar.com. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49834



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