Mr. Matthew Hornor reports

MAPLE GOLD REPORTS AGM RESULTS AND PROVIDES CORPORATE UPDATE

Maple Gold Mines Ltd. has released annual general meeting results and provided a brief corporate update. The directors listed in the attached table were elected to the board to hold office until the next annual meeting of shareholders of the company or until their successors are duly appointed or elected.

Nominee               Votes for      % for    Votes withheld    % withheld

David W. Broughton   35,982,457     99.48%           186,388         0.52%   
Sean Charland        36,060,847      99.7%           107,998          0.3%    
Jay Chmelauskas      36,020,107     99.59%           148,738         0.41%   
B. Matthew Hornor    36,018,867     99.59%           149,978         0.41%   
Pierre Lebel         36,023,975      99.6%           148,870          0.4%    
Janine North         35,998,005     99.53%           170,840         0.47%   
Maurice Tagami       36,069,378     99.72%            99,467         0.28%   

In addition, shareholders at the annual general meeting approved the company's stock option plan and the appointment of the company's auditor.

Corporate update

Maple Gold is in the process of implementing a number of cost-cutting measures given the current market environment. The company will provide an update on cost reductions in the coming weeks. Maple Gold expects to report additional drill results from the Douay gold project shortly. The company has experienced longer-than-anticipated turnaround times on assay results to date but expects a steady flow of assay results throughout June and July as additional results are received and interpreted.

Maple Gold's president and chief executive officer, Matthew Hornor, stated: "The market conditions and current Maple Gold share price have both softened recently, but we remain very optimistic about creating shareholder value going forward. The Douay gold project hosts a significant gold resource in one of the world's premier mining jurisdictions with excellent infrastructure and exploration upside. We've been very pleased with the discovery of new gold zones and early returns from the recently completed drill program. We still have a significant number of assays to report through June and July and remain on track to complete an updated resource estimate toward year's end."

Mr. Hornor added, "The company recently attracted local institutional investors from Quebec approximately two months ago, and we continue to have ongoing discussions with other major institutions and mining companies that recognize the opportunity to create meaningful long-term value at Douay."

Qualified person

The scientific and technical data contained in this press release were reviewed and prepared under the supervision of Fred Speidel, MSc, PGeo, vice-president, exploration, of Maple Gold. Mr. Speidel is a qualified person under National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Speidel has verified the data related to the exploration information disclosed in this news release through his direct participation in the work.

About Maple Gold Ltd.

Maple Gold is an advanced gold exploration company focused on defining a district-scale gold project in one of the world's premier mining jurisdictions. The company's 377-square-kilometre Douay gold project is located along the Casa Berardi deformation zone within the prolific Abitibi greenstone belt in Northern Quebec, Canada. The project has an established gold resource that remains open in multiple directions, with excellent infrastructure and several large-scale operating mines within this prolific mining district. Maple Gold has now completed a significant winter drill campaign to expand on the known resource areas and test new discovery targets within the company's 55 kilometres of strike along the Casa Berardi deformation zone.

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