Richmont Mines Announces Details for Fourth Quarter and Annual Financial Results Conference Call and Webcast

Toronto (ots/PRNewswire) -

Richmont Mines Inc. (TSX - NYSE MKT: RIC) ("Richmont" or the
"Corporation"), announced that it will release the Corporations'
fourth quarter and annual financial results for the period ended
December 31, 2015 before the market open on Monday, February 22,
2016. The financial statements will be available on the Corporation's
website at http://www.richmont-mines.com or http://www.sedar.com.

Webcast and Conference Call

A webcast and conference call will be held on Monday, February 22,
2016 starting at 8:30 a.m. Eastern Time. Senior management will be on
the call to discuss the results.

Conference Call Access

- International & Toronto: 1-416-764-8688
- Canada & U.S. Toll Free: 1-888-390-0546

Please ask to be placed into the Richmont Mines 2015 Fourth
Quarter and Annual Results Conference Call.

Conference Call Live Webcast

The conference call will be broadcast live on the Internet via
webcast. To access the webcast, please follow this link: http://event
.on24.com/r.htm?e=1129773&s=1&k=2F28C56467968F94254C8DD04B6CD2D1

Archive Call Access

If you are unable to attend the conference call, a replay will be
available until 11:59 p.m. Eastern Time, February 29, 2016 by dialing
the appropriate number below:

- International & Toronto: 1-416-764-8677 Passcode: 628767#
- Canada & U.S. Toll Free: 1-888-390-0541 Passcode: 628767#

Archive Webcast

The webcast will be archived for 90 days. To access the archived
webcast, visit the Corporation's website at
http://www.richmont-mines.com or follow this link:

http://event.on24.com/r.htm?e=1129773&s=1&k=2F28C56467968F94254C8D
D04B6CD2D1

About Richmont Mines Inc.

Richmont Mines has produced over 1.5 million ounces of gold from
its operations in Quebec, Ontario and Newfoundland since beginning
production. The Corporation currently produces gold from the Island
Gold Mine in Ontario, and the Beaufor Mine in Quebec. The Corporation
is also advancing development of the significant high-grade resource
extension at depth of the Island Gold Mine in Ontario. With 25 years
of experience in gold production, exploration and development, and
prudent financial management, the Corporation is well-positioned to
cost-effectively build its Canadian reserve base and to successfully
enter its next phase of growth. Richmont routinely posts news and
other important information on its website
(http://www.richmont-mines.com).

Forward-Looking Statements

This news release contains forward-looking statements that include
risks and uncertainties. When used in this news release, the words
"estimate", "project", "anticipate", "expect", "intend", "believe",
"hope", "may" and similar expressions, as well as "will", "shall" and
other indications of future tense, are intended to identify
forward-looking statements. The forward-looking statements are based
on current expectations and apply only as of the date on which they
were made. Except as may be required by law, the Corporation
undertakes no obligation and disclaims any responsibility to publicly
update or revise any forward-looking statements or information,
whether as a result of new information, future events or otherwise.

The factors that could cause actual results to differ materially
from those indicated in such forward-looking statements include
changes in the prevailing price of gold, the Canadian-United States
exchange rate, grade of ore mined and unforeseen difficulties in
mining operations that could affect revenue and production costs.
Other factors such as uncertainties regarding government regulations
could also affect the results. Other risks may be set out in Richmont
Mines' Annual Information Form, Annual Reports and periodic reports.
The forward-looking information contained herein is made as of the
date of this news release.

Renaud Adams, President and CEO, Phone: +1-416-368-0291 ext. 101;
Anne Day, Vice-President, Investor Relations, Phone: +1-416-368-0291
ext. 105; Richmont Mines Inc., Ticker symbol: RIC, Listings: TSX -
NYSE MKT, Web Site: http://www.richmont-mines.com, Visit our Facebook
page (http://www.facebook.com/pages/Richmont-Mines-Inc/20912481912491
9#!/pages/Richmont-Mines-Inc/209124819124919?sk=app_154272794636138)

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