TMAC Appoints Maarten Theunissen as Chief Financial Officer and Ron Gagel as Executive Vice President, Corporate Affairs

TORONTO–(BUSINESS WIRE)–$TMMFF #HopeBay–TMAC Resources Inc. (TSX:TMR) (“TMAC” or the “Company”) appoints
Maarten Theunissen as Chief Financial Officer effective April 1, 2018.

Jason Neal, President and Chief Executive Officer of TMAC, stated, “We
are very pleased to promote Maarten to Chief Financial Officer, a role
for which he has been mentored for the last five years. He has been
essential in building our financial infrastructure and managing our
balance sheet, as well as playing a key role in TMAC’s various debt and
equity financings. Maarten will continue to be a key contributor to the
growth of our company.”

Mr. Theunissen joined the Company as Vice President, Finance in May 2013
from Uranium One Inc. where, from 2006 to 2013, he held roles of
increasing responsibility including Senior Vice President, Finance. He
began his professional career with KPMG, received his South African
Chartered Accountant designation in 2005 and holds a Bachelor of
Commerce, (Hons.) Accounting from the University of Johannesburg.

Mr. Neal added, “Ron Gagel, who has been TMAC’s CFO since the Company’s
inception, will transition from that role to Executive Vice President,
Corporate Affairs. Ron has made an incredible contribution to the growth
and success of TMAC Resources and was instrumental in establishing the
foundation of TMAC. While Ron’s new role will not be a full-time
commitment, we are very pleased to retain Ron’s focus in a number of key
areas and to benefit from his institutional knowledge. I expect Ron to
contribute valuable advice to me as the new President & CEO of the
Company.”

Ron Gagel, Executive Vice President and Chief Financial Officer of TMAC,
stated, “As has been our long-standing succession plan, I am thrilled
that Maarten will be taking over from me as Chief Financial Officer.
Maarten and I have worked closely together for five years and I have
every confidence that he will make great contributions to TMAC’s
continuing growth and success in his new role. I’m also excited to take
on a new role where I can continue to support Jason and Maarten.”

ABOUT TMAC RESOURCES

TMAC holds a 100% interest in the Hope Bay Property located in Nunavut,
Canada. TMAC is a gold producer with the Doris mine achieving commercial
production in 2017 and the Madrid and Boston deposits expected to
commence production in 2020 and 2022, respectively. The Company has an
experienced and expert board of directors and exploration, development
and operating teams with extensive track records of discovering,
developing and operating high grade, profitable underground mines.
TMAC’s shares trade on the Toronto Stock Exchange under the trading
symbol TMR.

Contacts

TMAC Resources Inc.
Jason Neal, 416-628-0216
President
and Chief Executive Officer
or
Ann Wilkinson, 416-628-0216
Vice
President, Investor Relations
www.tmacresources.com
or
Renmark
Financial Communications Inc.
Daniel Gordon, 416-644-2020 or
514-939-3989
[email protected]
www.renmarkfinancial.com