Maya Gold & Silver Announces Proposed Consolidation

MONTRÉAL, QUÉBEC--(Marketwired - Jan. 8, 2018) - Maya Gold & Silver ("Maya" or the "Corporation") (TSX VENTURE:MYA) announces that shareholders of the Corporation ("Shareholders") will be asked to consider, and, if thought appropriate, approve a special resolution authorizing the Corporation to consolidate its issued and outstanding common shares (the "Common Shares") on the basis of up to every four pre-consolidation Common Shares for one post-consolidation Common Share (the "Consolidation"), at the Corporation's special meeting of Shareholders to be held on Friday, February 2, 2018 at 10 a.m., at 1, Place Ville Marie, 40th Floor, Montréal, Québec H3B 4M4 (the "Meeting").