Mr. Paul Huet reports

INDEPENDENT PROXY ADVISORY FIRMS ISS AND GLASS LEWIS RECOMMEND KLONDEX SHAREHOLDERS VOTE FOR PLAN OF ARRANGEMENT

Institutional Shareholder Services Inc. and Glass Lewis and Co. LLC have both recommended that Klondex Mines Ltd. shareholders vote in favour of the special resolution to approve the plan of arrangement (whereby Hecla Mining Company would acquire all of the issued and outstanding Klondex shares). The special resolution will be considered at the Klondex annual and special meeting of shareholders to be held on July 12, 2018, at 8 a.m. ET.

"We are very pleased with the recommendation from both ISS and Glass Lewis -- that shareholders vote in favour of the plan of arrangement," commented Paul Huet, president and chief executive officer of Klondex Mines.

Regarding its support for the plan of arrangement, Institutional Shareholder Services stated, "A vote for is warranted due to the sound rationale, positive market reaction to the announcement of the merger, substantial premium being offered to shareholders and the balanced form of consideration, which includes both cash, which provides certainty of value, as well as stock, which allows shareholders to participate in the upside potential of the combined company."

Shareholders are reminded to vote their proxy for the plan of arrangement and all related proposals before the proxy voting deadline on July 10, 2018, at 4 p.m. ET.

About Klondex Mines Ltd.

Klondex is a junior-tier gold and silver mining company focused on exploration, development and production in a safe, environmentally responsible and cost-effective manner. Klondex has 100-per-cent interests in three producing mineral properties: the Fire Creek mine, the Midas mine and ore milling facility, and the Hollister mine, all of which are located in the state of Nevada. Klondex also has a 100-per-cent interest in the True North mine and mill in Manitoba, Canada, and the Aurora mine and ore milling facility, located in Nevada.

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