Nevado will seek shareholder approval at its annual and special meeting for the change of name to AUQ Exploration inc.

MONTREAL, QUEBEC – Nevado Resources Corporation (TSX VENTURE: VDO) (“Nevado” or the “Company”) will hold its annual and special meeting on June 15th. The Company will ask shareholders to approve the change of name of the Company to AUQ Exploration inc. With a concurrent change in the stock symbol to AUQ.

The Chairman and the directors are unanimous that this change of name reflects a renewal of the Company’s growth and its new gold exploration mission, which began with the option agreement with SOQUEM for the Roger project in the mining camp Effervescent of Chibougamau-Chapais.

As at May 18, 2017, the Company had 62,381,296 common shares outstanding.

This press release was prepared by Jonathan Lafontaine, President and Chief Executive Officer of Nevado Resources Corporation and qualified person as defined by NI 43-101.

About Nevado Resources Corporation

Nevado Resources Corporation is a Canadian mineral exploration company engaged in the exploration, evaluation and development of gold mining properties.

The TSX Venture Exchange and its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) assumes no responsibility for the adequacy or accuracy of this release. Statements made in this news release that are not historical are “forward-looking statements” and the reader is cautioned that forward-looking statements are not guarantees of future results and that current developments and results may differ materially Material statements in these “forward-looking statements”.

Source: Nevado