June 21, 2017

Torex Announces the Results of its 2017 Meeting of Shareholders

TORONTO, Ontario, June 21, 2017 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces the results of its 2017 annual and special meeting of shareholders (the “Meeting”) held in Toronto, Ontario on June 21, 2017.

Item 1. Election of Directors

At the Meeting, all director nominees listed in the Company’s management information circular (the “Circular”) dated May 11, 2017, were elected as directors of the Company. The detailed results of the vote by ballot are as follows:

Director Vote Type Number of Votes Percentage of Votes
A. Terrance MacGibbon For
Withheld
36,317,391
1,601,756
95.78
4.22
Andrew Adams For
Withheld
37,844,570
74,577
99.80
0.20
James Crombie For
Withheld
30,171,781
7,747,366
79.57
20.43
Frank Davis For
Withheld
37,899,860
19,287
99.95
0.05
David Fennell For
Withheld
37,063,140
856,007
97.74
2.26
Michael Murphy For
Withheld
34,101,581
3,817,566
89.93
10.07
William M. Shaver For
Withheld
37,802,348
116,799
99.69
0.31
Elizabeth A. Wademan For
Withheld
37,910,285
8,862
99.98
0.02
Fred Stanford For
Withheld
37,910,268
8,879
99.98
0.02

Item 2. Appointment of Auditor

By a vote by way of show of hands, KPMG LLP, Chartered Public Accountants, was re-appointed as auditors of the Company.

Item 3. Amendment and Reconfirmation of Shareholder Rights Plan

On a vote by ballot, a resolution was passed approving an amended and restated rights plan as described in the Circular.

Votes For % Votes For Votes Against % Votes Against
35,374,207 93.29 2,544,940 6.71

Item 4. Executive Compensation

On a vote by ballot, a non-binding advisory resolution was passed accepting the approach to executive compensation disclosed in the Circular and delivered in advance of the Meeting.

Votes For % Votes For Votes Against % Votes Against
36,825,621 97.12 1,093,526 2.88

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

Torex is an emerging intermediate gold producer based in Canada, engaged in the exploration, development and operation of its 100% owned Morelos Gold Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. Within this property, Torex has the El Limón Guajes Mine, which announced commercial production in March of 2016 and the Media Luna Project, which is in an early stage of development, and for which the Company issued a preliminary economic assessment (PEA) in 2015. The property remains 75% unexplored.

For further information, please contact:

TOREX GOLD RESOURCES INC.
Fred Stanford
President and CEO
Tel.: (647) 260-1502
Email: fred.stanford@torexgold.com

Gabriela Sanchez
Vice President Investor Relations
Tel.: (647) 260-1503
Email: gabriela.sanchez@torexgold.com

You can view the Next News item:July 26th, 2017, Torex Successfully Completes US$400 Million Facility To Refinance Project Debt

You can view the Previous News item:June 21st, 2017, Torex Delivers Very High Grade Sub-Sill Ore to the Processing Plant

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