Mr. Jean-Marc Lacoste reports

MONARQUES GOLD ANNOUNCES GRADUATION TO TSX

Monarques Gold Corp. has received final approval for the listing of its common shares on the Toronto Stock Exchange.

Monarques's common shares will commence trading on the TSX on Nov. 15, 2018, continuing to trade under the symbol MQR.

To ensure continued and seamless trading for the corporation's shareholders and as a result of this graduation, there will be no further trading on the TSX Venture Exchange after Wednesday, Nov. 14, 2018, and the common shares will be delisted from the TSX Venture Exchange at the commencement of trading on the TSX.

"Graduation to the TSX is an important milestone for Monarques, as it will allow us to expand our shareholder base to a larger pool of institutional investors," said Jean-Marc Lacoste, president and chief executive officer of Monarques. "With the results of the Wasamac feasibility study due for release in the coming weeks, the timing to improve our access to the capital markets could not be better."

About Monarques Gold Corp.

Monarques Gold is an emerging gold mining company focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada.

We seek Safe Harbor.