Orefinders Welcomes Anthony Moreau to its Board of Directors

TORONTO, May 31, 2019 - Orefinders Resources Inc. ("Orefinders" or the "Company") (TSX.V: ORX) is pleased to welcome Anthony Moreau of IAMGOLD to its Board of Directors. 

Over his career, Mr. Moreau has spearheaded several industry initiatives, including IAMGOLD's entry into the FinTech space through the company's strategic partnership with Emergent Technologies and Tradewind Markets and IAMGOLD's partnership with Right to Play. He also manages an innovative international co-op benchmarking program owned and operated by a network of major mining companies.

Mr. Moreau continues to evaluate opportunities in innovation and business that will help move IAMGOLD and Orefinders forward and best enable miners to meet the demands of the future.

Mr. Moreau is a Chartered Financial Analyst and graduate of the Queen's School of Business in Kingston, Ontario.

Orefinders also announces that in accordance with the Corporation's Stock Option Plan, a total of 3,475,000 incentive options have been granted to officers, directors and consultants, all of whom have assisted in creating value for our shareholders to date. The option's exercise price is $0.05 per share and they are exercisable for a period of five years from the date of issue.

About Orefinders Resources Inc.

Orefinders is a Gold exploration and development company focused exclusively within the Abitibi Greenstone Belt. The Company is listed on the Toronto Venture Exchange under the symbol ORX.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Orefinders' assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Orefinders. Additional information identifying risks and uncertainties is contained in filings by Orefinders with Canadian securities regulators, which filings are available under Orefinders' profile at www.sedar.com.

SOURCE Orefinders Resources Inc.