Richmont Mines Announces Details for the First Quarter 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'
first quarter financial results for the three month period ended
March 31, 2016 before the market open on Thursday, May 12, 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 Thursday, May 12,
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 2016 First Quarter
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=1159345&s=1&k=091F297ECBCF0B3FCDA946
11973F11E8.

Archive Call Access

If you are unable to attend the conference call, a replay will be
available until 11:59 p.m. Eastern Time, Thursday, May 19, 2016 by
dialing the appropriate number below:

International & Toronto: 1-416-764-8677 Passcode:
669767#
Canada & U.S. Toll Free: 1-888-390-0541 Passcode:
669767#

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=1159345&s=1&k=091F297ECBCF0B3FCDA946
11973F11E8.

About Richmont Mines Inc.

Richmont Mines has produced over 1.6 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.

ots Originaltext: Richmont Mines
Im Internet recherchierbar: http://www.presseportal.de

Contact:
, please contact:

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
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