TORONTO, ONTARIO--(Marketwired - May 6, 2015) - Lexam VG Gold Inc. (the "Company" or "Lexam") (TSX:LEX)(FRANKFURT:VN3A)(OTCQX:LEXVF) is pleased to announce the results of the vote for the election of Directors held at its Annual Meeting of Shareholders (the "Meeting") on May 5, 2015. Detailed results for the election of Directors are as follows:

                                                     Percentage   Percentage
Nominee                           For     Withheld          For     Withheld
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Robert R. McEwen           72,316,479      242,619       99.67%        0.33%
Richard W. Brissenden      71,807,858      751,240       98.96%        1.04%
John C. Drake              71,841,663      717,435       99.01%        0.99%
Robin E. Dunbar            72,359,191      199,907       99.72%        0.28%
Hugh C. Squair             72,339,713      219,385       99.70%        0.30%
John G. Tait               72,259,196      299,902       99.59%        0.41%
Robert E. Van Tassell      72,364,496      194,602       99.73%        0.27%

The formal report of voting results with respect to all matters voted upon at the Meeting will also be filed on the SEDAR website at www.sedar.com.

About Lexam VG Gold

Lexam VG Gold is a gold exploration company with four key property assets in the prolific Timmins gold district of northern Ontario, Canada: Buffalo Ankerite, Fuller, Davidson Tisdale (100% Lexam) and Paymaster (60.9% Lexam / 39.1% Goldcorp Canada Ltd.). Lexam's exploration programs are targeted to build the Company's resource base and to determine the economics on its projects. Visit the links to Lexam's 43-101 Resources and PEA for details. Lexam had $2.2 million in cash on March 31, 2015, with no bank debt. Chairman Rob McEwen owns 27% of the Company's issued and outstanding shares.

To learn more about Lexam VG Gold, please visit our website at www.lexamvggold.com.