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Magnum Goldcorp Announces The Passing of Benjamin Ainsworth and the Appointment of a Director

West Vancouver, British Columbia – May 25, 2017 – Magnum Goldcorp Inc. (the “Company” or “Magnum”) sadly announces the recent passing away of Benjamin Ainsworth, a long standing and greatly respected Director of the Company. The Company wishes to extend its sincere condolences to Ben’s family, friends and his many business associates.

Ben’s long and storied career spans several decades and was recently chronicled by Canyon Copper Corp. in its news release of April 27, 2017. Magnum wishes to add that it is extremely thankful and appreciative of the many contributions that Ben made to the Company, its Board of Directors, its Management and its shareholders. Ben will be deeply missed and never forgotten.

In light of Ben’s passing, the Company wishes to announce the appointment of Andrzej Kowalski as a Director of the Company. Andrzej is a lawyer experienced in commercial law and litigation and is also a successful entrepreneur and multiple business owner. Much of Andrzej’s business career has involved founding, financing, operating and selling technology companies both in private and public sectors.

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922 2030 or visit the company’s website at www.magnumgoldcorp.com.

Magnum Goldcorp Inc.

“Douglas L. Mason”


Douglas L. Mason, CEO

Neither the TSX Venture Exchange nor its Regulation Services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release