Mag Copper Limited announced the appointment of new directors to the board and a series of appointments resulting in the formation of a new executive management team for the company. The new team includes George Salamis, President, CEO and Director, Stephen de Jong, Chairman and Director, and Andrée St-Germain, Chief Financial Officer and Corporate Secretary. The incoming board members and management team were former senior executives at Integra Gold Corp.

and oversaw the successful sale of Integra Gold to Eldorado Gold Corporation for CAD 590 million in July 2017. Their combined experience and technical expertise and innovative approach is expected to be of substantial benefit to the Company and its shareholders. In connection with the foregoing transactions, the company announced that Ms. Jennifer Thor has resigned from the board of directors effective August 17, 2017, and Messrs.

Salamis and de Jong have joined the board of directors. George Salamis has over 25 years of experience in the mining and resource exploration industry. Mr. Salamis is currently a director at Contact Gold Corp.

Andrée St-Germain is an experienced mining finance executive with an extensive background in banking, mining finance and financial management. Ms. St-Germain is currently a director of Barkerville Gold Mines Ltd. and holds an MBA (Honours) from the York University Schulich School of Business in Toronto, Ontario. Stephen de Jong has 10 years of experience in the mining industry and was most recently the President and Chief Executive Officer of Integra Gold from 2012 until its sale to Eldorado Gold Corporation in July 2017 for CAD 590 million.