MacDonald Mines Announces Proposed Consolidation and Advance Notice Provisions for Annual General Meeting

MacDonald Mines Exploration Ltd. ("MacDonald") (TSX VENTURE:BMK) announces that
it has mailed the notice of meeting and information circular (collectively, the
"Circular") for its annual and special meeting of shareholders to be held on
June 27, 2013 (the "Meeting").


Subject to applicable shareholder and regulatory approval, MacDonald may
consolidate its outstanding common shares (the "Common Shares") on the basis of
two (old) for one (new) shares, (the "Consolidation"). 302,743,080 Common Shares
of MacDonald are currently issued and outstanding. Following the completion of
the proposed Consolidation, the number of Common Shares of MacDonald issued and
outstanding would be 151,371,540. 


After careful consideration, the Board of Directors (the "Board") has decided to
table this resolution to reduce the number of Common Shares in order to increase
its flexibility with respect to potential business transactions, including any
future equity financings and asset based transactions. Approval by shareholders
does not necessarily mean that a Consolidation will occur, rather it will
provide the Board the ability to implement a Consolidation if they deem it to be
necessary for the betterment of the Company and its shareholders. 


MacDonald also announces Board approval of an advance notice by-law (the
"By-law"). The purpose of the By-law is to provide shareholders, directors and
management of MacDonald with a clear framework for nominating directors of
MacDonald. MacDonald is committed to: (i) facilitating an orderly and efficient
annual general or, where the need arises, special meeting process; (ii) ensuring
that all shareholders receive adequate notice of the director nominations and
sufficient information regarding all director nominees; and (iii) allowing
shareholders to register an informed vote after having been afforded reasonable
time for appropriate deliberation. The By-law is intended to further these
objectives.


The By-law, among other things, includes a provision that requires advance
notice to MacDonald in certain circumstances where nominations of persons for
election to the Board are made by MacDonald's shareholders. The By-law
establishes a deadline by which director nominations must be submitted to
MacDonald prior to any annual or special meeting of shareholders and sets forth
the information that must be included in the notice to MacDonald. No person will
be eligible for election to the Board unless nominated in accordance with the
By-law.


In the case of an annual meeting of shareholders, notice to MacDonald must be
made not less than 30 days and not more than 65 days prior to the date of the
annual meeting. In the event that the annual meeting is to be held on a date
that is less than 50 days after the date on which the first public announcement
of the date of the annual meeting was made, notice may be made not later than
the close of business on the 10th day following such public announcement.


In the case of a special meeting of shareholders called for the purpose of
electing directors (whether or not called for other purposes), notice to
MacDonald must be made not later than the close of business on the 15th day
following the day on which the first public announcement of the date of the
special meeting was made.


MacDonald will seek shareholder approval of the Consolidation and the By-law at
the Meeting, or any adjournment thereof. The Circular provides further details
of these items.


A copy of the Circular and the By-law will be available on SEDAR under
MacDonald's profile at www.sedar.com.


About MacDonald Mines

MacDonald Mines has steadily moved its exploration forward for 10 years in James
Bay's Ring of Fire. MacDonald, under the direction of Hadyn Butler, P.Geo,
located and staked what has proven to be highly prospective ground for potential
discovery. 


This area of James Bay presents a unique opportunity in that the Ring of Fire
contains the entire suite of minerals including VMS, nickel, chrome, vanadium,
titanium and gold potential. The only other similar region is in the Bushveld in
South Africa but this region lacks the copper, zinc and nickel content of James
Bay. 


MacDonald's exploration team is led by Quentin Yarie, P.Geo and Craig Scherba,
P.Geo and supported by key renowned consultants in their respective fields. They
include, Jim Franklin, PhD, P.Geo, for VMS, and Larry Hulbert, PhD, P.Geo, for
nickel, chrome and vanadium.


This News Release contains forward-looking statements. Forward-looking
statements are statements which relate to future events. In some cases, you can
identify forward-looking statements by terminology such as "may", "should",
"expects", "plans", "anticipates", "believes", "estimates", "predicts",
"potential" or "continue" or the negative of these terms or other comparable
terminology. These statements are only predictions and involve known and unknown
risks, uncertainties and other factors that may cause our or our industry's
actual results, levels of activity, performance or achievements to be materially
different from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
MacDonald Mines Exploration Ltd.
Brent Nykoliation
Senior Vice President, Corporate Development
[phone]
[phone] (FAX)
[e-mail]


MacDonald Mines Exploration Ltd.
Kirk McKinnon
President & CEO
[phone]
[phone] (FAX)
[e-mail]
www.macdonaldmines.com