GENERATION MINING ANNOUNCES $20 MILLION BOUGHT DEAL PUBLIC OFFERING

Generation Mining Ltd. (TSX: GENM) (OTCQB: GENMF) ("Generation Mining" or the "Company") is pleased to announce that it has entered into an agreement with Stifel Nicolaus Canada Inc. ("Stifel Canada") to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (together with Stifel Canada, the "Underwriters") pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 27,780,000 units of the Company ("Units") at a price of $0.72 per Unit (the
Generation Mining Ltd. (TSX: GENM) (OTCQB: GENMF) ("Generation Mining" or the "Company") is pleased to announce that it has entered into an agreement with Stifel Nicolaus Canada Inc. ("Stifel Canada") to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (together with Stifel Canada, the "Underwriters") pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 27,780,000 units of the Company ("Units") at a price of $0.72 per Unit (the