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File: PAL NR 2018 06 19 - Mane Option Agmt.docx

PARALLEL MINING ACQUIRES MANE II EXPLORATION PROPERTY 
IN BURKINA FASO

Vancouver, British Columbia, June 19, 2018 - Parallel Mining Corp. (TSX-V: PAL) (the "Company" or "Parallel") is pleas
--->ed to announce that the Company has entered into an option agreement ("Option Agreement") to acquire a 100% interest i
--->n the 163-square kilometre Mane II Property ("Mane") in Burkina Faso.

The Mane property is located in the Kaya-Goren greenstone belt, approximately 20 kilometers south of Nordgold's Bissa 
--->Gold Mine and approximately 40 kilometers north-northeast of the capital city, Ouagadougou. 

Artisanal mining is active in several areas on the Property, with the most active group covering a strike length of ov
--->er 200 metres, and some shafts exceeding 50 meters in depth. Historical results from artisanal reject material, sample
--->d and reported by High River Gold, include gold grades of 20.0 grams per tonne ("gpt") and 11.2 gpt.  In 2017, Paralle
--->l Mining conducted a small grab sample program (27 samples) on the artisanal reject material and results included 16.7
---> gpt, 12.5 gpt, 7.9gpt, 6.3 gpt, and 6.0 gpt. 

The vein being exploited by the artisanal workers is hosted in a felsic intrusive (granite) and bears similar characte
--->ristics to the vein type which hosts Roxgold's high grade Yaramoko mine. 

To acquire a 100% interest in the Mane Property, Parallel must pay the owner an initial payment of $5,000 USD, a furth
--->er $15,000 USD 90 days after signing, a further $25,000 USD twelve months after signing, a further $50,000 USD twenty-
--->four months after signing, a further $125,000 USD thirty-six months after signing, and a final payment of $250,000 USD
---> forty-eight months after signing. The owner will retain a 2% royalty on commercial mineral production from the proper
--->ty, subject to a 50% buyback provision. 

Qualified Person: Julia Singh, P.Geo, an independent Qualified Person under NI 43-101, has reviewed and approved the t
--->echnical data and contents of this release. 

Samples obtained by Parallel Mining mentioned in this release were transported directly to Actlabs in Ouagadougou, Bur
--->kina Faso by Company personnel for sample preparation. Samples were sorted, dried, crushed and prepared for final chem
--->ical analysis using the Fire Assay AA method for Au.  Samples that assayed above the 10.0 gpt over limit were further 
--->analyzed by Au Gravimetrics   Field duplicates were used for the grab sampling.  

Sebedougou
The Company has elected to discontinue its previously announced option to acquire the Sebedougou exploration permit (s
--->ee news release dated April 6, 2017) to focus on Mane as well as the continued acquisition of high-potential projects 
--->in West Africa.

Parallel Mining Corp.
John Anderson
President & Chief Executive Officer
T: +1-604-218-7400
E: janderson@parallelmining.com 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE T
--->SX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
This news release includes certain statements that may be deemed "forward-looking statements." All statements in this 
--->release, other than statements of historical facts, are forward-looking statements. Although the Company believes the 
--->expectations expressed in such forward-looking 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 forward-l
--->ooking statements. This news release contains historical technical information. The Company believes the technical inf
--->ormation to be relevant and reliable, and there are no more recent estimates or data available to the Company. While t
--->he Qualified Person has reviewed the data included in this news release, a 43-101 compliant technical report has not b
--->een completed on the Mane property and the quality assurance/quality control process of the historical data could not 
--->be verified by the Qualified Person.