Meadow Bay Closes Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 11, 2015) -

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES

Meadow Bay Gold Corporation (the "Company") (TSX:MAY)(OTCQX:MAYGF)(FRANKFURT:20M)(WKN A1C3DN) announces that it has completed a non-brokered private placement (the "Private Placement") of a total of 1,700,000 units for gross proceeds of $170,000. Each unit consists of one common share and one non-transferable common share purchase warrant, with each warrant exercisable for a period of two years at a price of $0.15 per share. The securities are subject to a four-month hold period as required under applicable securities laws.

The net proceeds of the financing will principally be used for drilling and exploration activities at the Atlanta Gold Mine Project in Nevada and for general working capital.

This press release is not for distribution or dissemination in the United States and accordingly, shall not constitute an offer of securities in the United States. The securities that may be issued pursuant to this press release are not currently qualified by prospectus or registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the laws of any state, and may not be offered or sold in the United States, or to, or for the account or benefit of United States persons (as defined in Regulation S under the Securities Act) or persons in the United States absent registration or an applicable exemption from the registration requirements. The securities are subject to resale restrictions under applicable securities laws.