Richmont agm 2014

Copyright 2014 by Richmont Mines

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RICHMONT MINES INC. Annual Meeting

May 8, 2014

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Safe harbor statement & cautionary note to U.S. investors concerning resource estimates

This presentation contains forward-looking statements that include risks and uncertainties. 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-U.S. 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 detailed from time to time in Richmont Mines Inc.’s periodic reports and annual notice.

The resource estimates in this presentation were prepared in accordance with Regulation 43-101 adopted by the Canadian Securities Administrators. The requirements of Regulation 43-101 differ significantly from the requirements of the United States Securities and Exchange Commission (the “SEC”). In this presentation, we use the terms “Measured”, “Indicated” and “Inferred” Resources. Although these terms are recognized and required in Canada, the SEC does not recognize them. The SEC permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that constitute “Reserves”. Under United States standards, mineralization may not be classified as a Reserve unless the determination has been made that the mineralization could be economically and legally extracted at the time the determination is made. United States investors should not assume that all or any portion of a Measured or Indicated Resource will ever be converted into “Reserves”. Further, “Inferred Resources” have a great amount of uncertainty as to their existence and whether they can be mined economically or legally, and United States investors should not assume that “Inferred Resources” exist or can be legally or economically mined, or that they will ever be upgraded to a higher category.

U.S. Investors are urged to consider the disclosure in our annual report on Form 20-F, File No. 001-14598, which may be obtained from us or from the SEC’s web site: http://sec.gov/edgar.shtml.


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3 Copyright 2014 by Richmont Mines

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RIC: (as of market close May 7, 2014) TSX (CAN$) NYSE MKT (US$)

Closing Price $1.40 $1.30

Market capitalization $67 million $61 million

52-week trading range $1.00 - $2.15 $0.94 - $2.12

Average 3 month daily trading volume (shares) ~ 43,200 ~ 132,300

Shares outstanding (millions)1 47.6

Management and Director Ownership (%) ~ 11%

Number of employees 430

FINANCIAL HIGHLIGHTS FY 2013 (12 mos. ended Dec. 31, 2013)

Q1 2014 (3 mos. ended March 31, 2014)

Gold production 63,443 ozs 20,412 ozs

Average cash cost per ounce US $1,095 US $1,060

Average selling price per ounce US $1,378 US $1,306

Cash & cash equivalents $17.6 million $23.5 million 3

Long-term debt $5.2 million $5.1 million

EPS (loss)2

($0.26) ($0.05)

Operating cash flow per share $0.09 $0.06

(1) Including bought deal financing completed in April 2014. (2) FY2013 EPS is Adjusted EPS, a non-IFRS Financial Performance Measure, and excludes a non-cash write-down of the W Zone Mine assets, a write-off of deferred income and mining tax assets, a write-off of financing costs following the termination of a debt-financing agreement and severance charges. (3) Approximate amount as at April 30, 2014, including bought deal common share financing completed in April 2014.

Overview Over 1.4 million ounces of gold produced since 1991


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Operational Highlights

Significant resource estimate growth at Island Gold Deep

FEBRUARY 2013 JANUARY 2014

Indicated resources 1 - 169,000 ozs @ 11.52 g/t Au Inferred resources 1 508,000 ozs @10.73 g/t Au 955,000 ozs @ 9.29 g/t Au

Island Gold Mine = Asset with significant long-term potential

560 metre level development exposes Deep C Zone mineralization over 92 metres; face chip sampling averaged 12.73 g/t over 2.92 metres

High grade, fully-permitted resource base in a stable jurisdiction Stable workforce, 7-year operating history, on-site processing facility

Land & Mining Rights Agreement - Argonaut Gold Inc.

Once closed, will extend western boundary of Island Gold Deep by 585 metres, increasing the project's exploration potential towards the west

Monique Mine

Will contribute 13,000 – 16,000 AU ozs to 2014 production


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(1) Includes 100% of resources at Island Gold Deep. The Corporation estimates that approximately 90% of the Indicated resource and 56% of the Inferred resource (61% on a consolidated basis) of Island Gold Deep (and not Island Gold Mine) lie within three claims, for which Richmont owns 69%, and a third party owns 31%.


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Corporate Highlights

Senior Management Changes

Mr. Rosaire Émond named Vice-President and COO following the retirement of Mr. Christian Pichette

Mr. Jean Bastien appointed as Manager of the Island Gold Mine

Board of Director Changes

Dr. Jim Gill and Mr. René Marion nominated to the Board

Mr. Réjean Houle and Mr. Ebe Scherkus stepped down from the Board

Bought-Deal Financing Completed in Q1 2014

8.05 million shares issued at $1.45 – gross proceeds of $11.67 million Additional working capital flexibility to face volatile gold price environment


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49,196 oz

(1) Resources are exclusive of Reserves, and do not have demonstrated economic viability at this time. (2) On a 100% basis. Established on Dec. 31/13, using a gold price of US$1,225/oz and an exchange rate of CAN$1.06=US$1.00 in 2013 (a US$1,450/oz gold price and a 1.00 exchange rate were used in 2012). Island Gold Deep Resources established Jan. 21/14. (3) Open-pit Reserves are based on a pit design established in 2012. Indicated Resources are underground, directly beneath the open-pit. (4) Underground Resources established as of Dec. 31/12. (5) Francoeur Mine closed in November 2012.

RESERVES + RESOURCES1

AS OF DEC. 31, 2013 AS OF DEC. 31, 2012

Tonnes (metric)

Grade (g/t Au)

Au oz contained

Tonnes (metric)

Grade (g/t Au)

Au oz contained

Island Gold Mine2

P & P Reserves 733,347 6.09 143,506 785,221 5.60 141,456

M & I Resources 283,687 7.06 64,433 502,910 6.86 110,958

Inferred Resources 362,858 7.09 82,744 279,569 6.20 55,744

Island Deep2 Indicated Resources 456,013 11.52 168,897 - - -

Inferred Resources 3,196,114 9.29 954,583 1,473,658 10.73 508,142

Beaufor Mine2

P & P Reserves 142,299 6.81 31,133 196,145 6.20 39,114

M & I Resources 765,144 6.32 155,439 774,280 6.44 160,263


Monique2,3

P & P Reserves 415,860 2.30 30,702 - - -

Indicated Resources 107,531 4.88 16,858 728,164 2.35 55,112

Inferred Resources - - 11,605 0.97 362

W Zone

P & P Reserves 70,207 5.68 12,832 132,251 7.21 30,680

M & I Resources 145,931 7.04 33,051 107,511 6.76 23,377

Inferred Resources 2,186 7.55 531 5,589 7.95 1,429

Francoeur5

Proven Reserves - - - 8,439 4.52 1,226

M & I Resources 320,066 6.47 66,587 320,066 6.47 66,587


Wasamac4 M & I Resources 15,251,529 2.86 1,402,263 15,251,529 2.86 1,402,263

Inferred Resources 18,758,786 2.66 1,605,388 18,758,786 2.66 1,605,388

TOTAL GOLD

P & P Reserves 1,361,713 4.98 218,172 1,122,056 5.89 212,476

M & I Resources 17,329,901 3.42 1,907,528 17,684,460 3.20 1,818,560

Inferred Resources 23,242,142 3.80 2,836,060 21,448,724 3.43 2,362,474


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Financial Review


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Key Metric (in CAN$ thousands, ex. per share data and where noted)

FY 2012 (12 mos. ended Dec. 31)

FY 2013 (12 mos. ended Dec. 31)

Q1 2014 (3 mos. ended March 31)

Gold sales (ounces) 60,741 63,443 20,412

Average selling price (US$/oz) $1,666 $1,378 $1,306

Average cash cost (US$/oz) $1,044 $1,095 $1,060

Net loss from cont. operations ($2,977) ($33,162) (1,903)

Adjusted Net loss ($1,521) 1 ($10,341) 2 (1,903)

Adjusted EPS ($0.04) 1 ($0.26) 2 ($0.05)

Operating Cash Flow 7,656 3,456 $2,379

Total Assets 148,244 123,328 121,272

Shareholders Equity 118,363 86,353 84,779

(2) FY2013 Adjusted net loss is a non-IFRS Financial Performance Measure. This number excludes a $1,098 loss from the discontinued Francoeur Mine operation, a write-down of the W Zone Mine of $13,472, a write-off of deferred income and mining tax assets of $7,484, a write-off of financing costs of $1,165 and severance costs of $700.

(1) FY2012 Adjusted Net Loss is a non-IFRS Financial Performance Measure. This number excludes a $49,066 ($42,038 after-tax) loss from the discontinued Francoeur Mine operation, and the payment of $1,986 ($1,456 after-tax) of severance compensation to the Corporation’s ex-President and CEO.


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Beaufor Mine

Operations Profile

Island Gold Mine & Mill

Ontario

2014 Production Forecast 35,000 – 40,000 Au ozs

W Zone Monique Mine

Quebec (Camflo Mill)

2 0 1 4 P R O D U C T I O N F O R E C A S T

70,000 – 80,000 Au ounces


2014 Production Forecast 35,000 – 40,000 Au ozs

18,000-20,000 Au ozs 4,000 Au ozs 13,000–16,000 Au ozs

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• Island Gold Mine & Island Gold Deep (as of Dec. 31/13):

- P+P reserves 143,506 Au ozs

- M+I resources1 233,330 Au ozs

- Inferred resources1 1,037,327 Au ozs

• 2014 Production Forecast - 35,000 – 40,000 Au ounces

• Island Gold Mine – well positioned for the future:

- 7+ year operating history

- Fully permitted operation with 212 employees

- 850 tonne per day mill on-site • Land & Mining Rights Agreement with Argonaut Gold:

- Will extend western boundary of Island Gold Deep by ~ 585 metres;

- Richmont will receive net payment of CAN$2.0 M upon closing.

Island Gold Mine Overview


Island Gold Mine, Mill & Island Gold Deep


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Island Gold Mine Operational Performance


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2013 challenges addressed

• Ventilation and equipment availability issues, that led to lower production and higher cash costs, have been addressed and remedied

Improved cash costs and operational cash flow expected in 2014

• Q1 2014 results reflect expected improvements

2014 Objectives

• Lower operating costs • Continued development of Island Gold Deep • Upgrade existing Island Gold Deep resources ISLAND GOLD MINE 2013 PERFORMANCE

Q1 2013 3 months ended

Mar. 31


June 30


Sep. 30


Dec. 31

FY 2013 12 months ended

Dec. 31


Mar. 31

Tonnes 60,194 47,220 62,080 75,137 244,631 59,011

Gold recovery (%) 95.5% 95.6% 96.6% 96.6% 96.1% 96.1%

Head grade 4.90 g/t 4.46 g/t 4.16 g/t 4.96 g/t 4.65 g/t 5.63 g/t

Gold ounces sold 9,060 6,474 8,014 11,565 35,113 10,259

Avg. cash cost/oz (US$)1

1,154 1,229 1,209 901 1,092 849

Avg. selling price/oz (US$) 1,626 1,382 1,344 1,268 1,392 1,312

(1) Cash costs include royalties.


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Island Gold Mine Island Gold Deep Potential


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49,196 oz

Significant estimated resource base at Island Gold Deep

• Indicated resources1 of 169,000 ozs @ 11.52 g/t Au

• Inferred resources1 of 955,000 ozs @ 9.29 g/t Au

2013 development at Island Gold Deep:

• Ramp - vertical depth of 574 metres at end of FY 2013

• 62,210 metres of exploration drilling completed

Island Gold Property plans in 2014:

• $16.3 million Capex at Island Gold Mine & Island Gold Deep

• 11,000 m exploration drilling; 23,000 m definition drilling

• Island Gold Deep ramp development:

- depth of 610 metres at the end of Q1

- depth of 635 metres by end of 2014

• Development on 5 levels (at vertical depths of 535 , 560, 585, 610 & 635 metres)

• Expect to mine first long-hole stope in the second half of the year



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49,196 oz

Island Gold Mine Longitudinal Section

SSM2666

SSM2491SSM2490SSM2490

460-456-21

16.50/2.70

450-467-02

15.13/2.68

460-456-09

15.43/2.57

510-480-12

B – 33.89/8.79

(cut 95 g/t)

425-487-28

18.64/4.49

400-514-52

11.97/6.56

400-514-55A

15.53/4.34

400-514-50

18.32/6.70

400-514-46

12.50/6.34

400-527-04

12.18/2.67

-500 m

-900 m

Proven Reserves

Probable Reserves

Indicated Resources

C Zone Indicated &

Inferred Resources

Actual Ramp and Drifts

Mined Out

Claim outline

Au g/t / True Thickness (m)

W E

Crown pillar

(1) On a 100% basis.

Island Gold Mine Reserves & Resources

Proven & Probable reserves: 43,506 Au ozs

Measured & Indicated resources: 64,433 Au ozs

Inferred resources: 82,744 Au ozs

Island Gold Deep Resources(1)

Indicated resources: 456,000 T at 11.52 g/t Au; 169,000 ozs

Inferred resources: 3,200,000 T at 9.29 g/t Au; 955,000 ozs


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2.34/5.072.34/5.072.34/5.072.34/5.072.34/5.072.34/5.072.34/5.072.34/5.072.34/5.07

1.51/2.261.51/2.261.51/2.261.51/2.261.51/2.261.51/2.261.51/2.261.51/2.261.51/2.267.39/2.897.39/2.897.39/2.897.39/2.897.39/2.897.39/2.897.39/2.897.39/2.897.39/2.89

33.14/5.0533.14/5.0533.14/5.0533.14/5.0533.14/5.0533.14/5.0533.14/5.0533.14/5.0533.14/5.05

14.09/2.6

24.48/4.48

2.69/2.95

2.86/2.372.86/2.372.86/2.372.86/2.372.86/2.372.86/2.372.86/2.372.86/2.372.86/2.37

31.17/2.26

1.79/2.451.79/2.451.79/2.451.79/2.451.79/2.451.79/2.451.79/2.451.79/2.451.79/2.45

2.23/2.132.23/2.132.23/2.132.23/2.132.23/2.132.23/2.132.23/2.132.23/2.132.23/2.1313.85/2.62

6.51/4.18

0.54/2.27

0.89/2.322.33/2

3.69/5.76

1.53/4.461.53/4.461.53/4.461.53/4.461.53/4.461.53/4.461.53/4.461.53/4.461.53/4.46

1.99/3.59

16.26/2.04

3.44/2.72

1.32/2.37

1.21/2.6

14.55/2.6614.55/2.6614.55/2.6614.55/2.6614.55/2.6614.55/2.6614.55/2.6614.55/2.6614.55/2.66

10.11/2.26

4.24/2.674.24/2.674.24/2.674.24/2.674.24/2.674.24/2.674.24/2.674.24/2.674.24/2.67 5.26/6.365.26/6.365.26/6.365.26/6.365.26/6.365.26/6.365.26/6.365.26/6.365.26/6.362.94/6.892.94/6.892.94/6.892.94/6.892.94/6.892.94/6.892.94/6.892.94/6.892.94/6.89 16.98/3.3816.98/3.3816.98/3.3816.98/3.3816.98/3.3816.98/3.3816.98/3.3816.98/3.3816.98/3.38

2.87/3.652.87/3.652.87/3.652.87/3.652.87/3.652.87/3.652.87/3.652.87/3.652.87/3.65

1.76/3.641.76/3.641.76/3.641.76/3.641.76/3.641.76/3.641.76/3.641.76/3.641.76/3.64

8.93/7.478.93/7.478.93/7.478.93/7.478.93/7.478.93/7.478.93/7.478.93/7.478.93/7.47

4.18/2.53

0.85/2.49

4.54/2.654.54/2.654.54/2.654.54/2.654.54/2.654.54/2.654.54/2.654.54/2.654.54/2.652.01/2.922.01/2.922.01/2.922.01/2.922.01/2.922.01/2.922.01/2.922.01/2.922.01/2.92

14.48/3.49

5.24/3.98

1.41/3.21

1.25/2.411.25/2.411.25/2.411.25/2.411.25/2.411.25/2.411.25/2.411.25/2.411.25/2.41

11.38/4.411.38/4.411.38/4.411.38/4.411.38/4.411.38/4.411.38/4.411.38/4.411.38/4.4

5.83/2.31

25.69/2.0825.69/2.0825.69/2.0825.69/2.0825.69/2.0825.69/2.0825.69/2.0825.69/2.0825.69/2.08

36.4/4.4636.4/4.4636.4/4.4636.4/4.4636.4/4.4636.4/4.4636.4/4.4636.4/4.4636.4/4.46

5.09/5.06

6.26/3.35

7.08/2.49

1.05/2.31

2.91/3.67

18.91/2.38

0.44/2.03

6.23/4.78

8.22/2.274.21/2.64

7.72/4.22

6.07/4.06

7.35/6.64

45.57/2.05

31.33/5.88

9.7/4.01

5.09/2.4

4.19/2.18

11.86/5

6.23/2.61

535-497-16535-497-16535-497-16535-497-16535-497-16535-497-16535-497-16535-497-16535-497-16535-497-15535-497-15535-497-15535-497-15535-497-15535-497-15535-497-15535-497-15535-497-15

535-497-14535-497-14535-497-14535-497-14535-497-14535-497-14535-497-14535-497-14535-497-14

535-497-17535-497-17535-497-17535-497-17535-497-17535-497-17535-497-17535-497-17535-497-17

560-481-02560-481-02560-481-02560-481-02560-481-02560-481-02560-481-02560-481-02560-481-02

560-481-04560-481-04560-481-04560-481-04560-481-04560-481-04560-481-04560-481-04560-481-04

535-497-18535-497-18535-497-18535-497-18535-497-18535-497-18535-497-18535-497-18535-497-18

560-481-10560-481-10560-481-10560-481-10560-481-10560-481-10560-481-10560-481-10560-481-10

560-481-05560-481-05560-481-05560-481-05560-481-05560-481-05560-481-05560-481-05560-481-05

585-497-02585-497-02585-497-02585-497-02585-497-02585-497-02585-497-02585-497-02585-497-02

510-480-24510-480-24510-480-24510-480-24510-480-24510-480-24510-480-24510-480-24510-480-24

585-497-04585-497-04585-497-04585-497-04585-497-04585-497-04585-497-04585-497-04585-497-04

560-481-03560-481-03560-481-03560-481-03560-481-03560-481-03560-481-03560-481-03560-481-03560-481-01560-481-01560-481-01560-481-01560-481-01560-481-01560-481-01560-481-01560-481-01

510-480-20510-480-20510-480-20510-480-20510-480-20510-480-20510-480-20510-480-20510-480-20

535-497-21A535-497-21A535-497-21A535-497-21A535-497-21A535-497-21A535-497-21A535-497-21A535-497-21A535-497-20535-497-20535-497-20535-497-20535-497-20535-497-20535-497-20535-497-20535-497-20

585-497-01585-497-01585-497-01585-497-01585-497-01585-497-01585-497-01585-497-01585-497-01

585-497-03585-497-03585-497-03585-497-03585-497-03585-497-03585-497-03585-497-03585-497-03

535-497-19535-497-19535-497-19535-497-19535-497-19535-497-19535-497-19535-497-19535-497-19535-497-13535-497-13535-497-13535-497-13535-497-13535-497-13535-497-13535-497-13535-497-13

535-497-12535-497-12535-497-12535-497-12535-497-12535-497-12535-497-12535-497-12535-497-12

560-481-08560-481-08560-481-08560-481-08560-481-08560-481-08560-481-08560-481-08560-481-08

510-480-25510-480-25510-480-25510-480-25510-480-25510-480-25510-480-25510-480-25510-480-25

510-480-27510-480-27510-480-27510-480-27510-480-27510-480-27510-480-27510-480-27510-480-27

560-481-06560-481-06560-481-06560-481-06560-481-06560-481-06560-481-06560-481-06560-481-06

560-481-07560-481-07560-481-07560-481-07560-481-07560-481-07560-481-07560-481-07560-481-07

560-481-09A560-481-09A560-481-09A560-481-09A560-481-09A560-481-09A560-481-09A560-481-09A560-481-09A

510-480-23510-480-23510-480-23510-480-23510-480-23510-480-23510-480-23510-480-23510-480-23

510-480-22510-480-22510-480-22510-480-22510-480-22510-480-22510-480-22510-480-22510-480-22

510-480-21510-480-21510-480-21510-480-21510-480-21510-480-21510-480-21510-480-21510-480-21

510-480-26510-480-26510-480-26510-480-26510-480-26510-480-26510-480-26510-480-26510-480-26

C Zone Inferred Resources

Actual Ramp and Drifts

Claim outline

Au g/t / true thickness (metres)

SSM2491

(69% Richmont)

4900 elev. (-482 m)

W

4800 elev.

4900 elev. (-632 m)

560 Level

Face sampling

2014 Drillhole Intersections 585-497-01

Composite Longitudinal Section, Island Gold Mine

585 Level

610 Level

535 Level

C Zone Indicated Resources

(-582m)

92

m

Island Gold Mine Longitudinal Section – Deep C Zone (April 24, 2014)


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Island Gold Mine Typical Section 14940E, Island Gold Deep Zones

Indicated resources:

456,000 T at 11.52 g/t Au; 169,000 oz

Inferred resources:

3,200,000 T at 9.29 g/t Au; 955,000 oz

Section 14940E

-500 m

-900 m

100 m

Island Gold Deep Resources1

535 Level

510 Level



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Beaufor Mine Overview


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• Reserves + Resources (as of Dec. 31/13):

- P + P reserves 31,133 Au ozs - M + I resources 155,439 Au ozs - Inferred resources 188,679 Au ozs

• Production: 500,000+ Au ounces since 1996

• 139 employees

• Forecasted production in 2014:

- 18,000 – 20,000 Au ozs

Q1 2013

(3 mos. ended March 31)

Q2 2013 (3 mos. ended

June 30)


Sep. 30)


Dec. 31)

FY 2013 (12 mos. ended

Dec. 31)


March 31)

Tonnes 37,069 28,146 34,135 25,219 124,569 22,504

Gold recovery (%) 97.33% 98.12% 97.99% 97.05% 97.75% 98.17%

Head grade 4.48 g/t 7.15 g/t 6.90 g/t 5.15 g/t 5.88 g/t 6.06 g/t

Gold ounces sold 5,201 6,352 7,424 4,051 23,028 4,302

Avg. cash cost/oz (US$)1 1,539 765 772 1,423 1,051 1,102

Avg. selling price/oz (US$) 1,618 1,352 1,327 1,257 1,376 1,328

(1) Cash costs include royalties.


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Beaufor Mine Operational Focus


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49,196 oz

49,196 oz 41,686 oz

2014 objectives:

• Maintain operating efficiency

• Continue to extend mine life

• Begin mining the newly developed M Zone where grade expectations are good.

• Evaluate potential of deep Q Zone

2014 diamond drilling plan:

• 21,500 metres of exploration drilling

• 10,000 metres of definition drilling


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Monique Mine Overview


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• Reserves & Resources (as of Dec 31, 2013):

Total open-pit Proven & Probable reserves1 30,702 Au ozs

Indicated resources2 16,858 Au ozs

• 2013 Developments:

- Commercial production declared Oct. 1, 2013

- Q4 2013 production: 2,976 Au ozs

• 2014 Production Forecast:

- 13,000 – 16,000 Au ozs

(1) Open-pit reserves are based on a pit design established in 2012, and are calculated using a gold price of US$1,225/oz and an exchange rate of CAN$1.06 = US$1.00. A 43-101 technical report was filed on SEDAR (www.sedar.com) on Sep. 13, 2013.

(2) Underground, directly below the open-pit.


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• Located in Malartic, Quebec

• 100% owned

• Capacity : 1,200 tons/day

• Merrill-Crow mill

• Replacement value >CAN$35 M

• Operating at full capacity:

- Beaufor/W Zone ore

- Monique ore

Camflo Mill Overview


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Wasamac Gold Property Significant Gold Price Leverage


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• Past production (1965 – 1971)

- 252,923 Au oz at 4.16 g/t

• Reserves + Resources (as of Dec. 31, 2013)1:

- M + I Resources: 1,402,263 Au ozs

- Inferred Resources: 1,605,388 Au ozs

• Notable resource base increase from 2010 to 2012

(1) Underground resources established at Dec. 31, 2012, and are calculated using a gold price of US$1,450/oz and an exchange rate of CAN$1.00 = US$1.00.

1,402,263 Au ozs

1,605,388 Au ozs

556,385 Au ozs

2,130,532 Au ozs

411,073 Au ozs

1,007,875 Au ozs

INFERRED RESOURCES

MEASURED &

INDICATED RESOURCES

Dec. 31/10

Dec. 31/11

Dec. 31/12

1964


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Island Gold Deep – a potentially transformational asset in Ontario:

• Extension at depth of the fully permitted, staffed and producing Island Gold Mine

• Indicated resource(1) of 456,000 tonnes @ 11.52 g/t Au for 169,000 ounces

• Inferred resource(1) of 3,200,000 tonnes @ 9.29 g/t Au for 955,000 ounces

• Project with the potential to develop into a high-grade, long-life asset

Sound balance sheet and tight capital structure:

• Cash & cash equivalents of approximately $23.5 million1, and long-term debt of $5.1 million

• 47.6 million shares outstanding 1

Strong and experienced management team

... RICHMONT IS A RARITY AMONG JUNIOR GOLD MINERS ...


Richmont Mines Well Positioned for Growth

(1) Approximate amount as at April 30, 2014, including bought deal common share financing completed in April 2014.


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BOARD OF DIRECTORS

H. Greg Chamandy Executive Chairman

Elaine Ellingham, P. Geo, M. Sc, MBA Director, Chairman of Governance & Nominating Committee

Dr. Jim Gill, B. Sc, M. Sc, PhD Director, Chairman of HR & Compensation Committee

René Marion, Eng. Director, Chairman of Health, Safety & Environment Committee

Michael Pesner, CA Director, Chairman of Audit Committee

Paul Carmel, Eng. Director, President & CEO

OFFICERS AND CORPORATE STAFF

Paul Carmel, Eng. President and CEO

Pierre Rougeau, B. Sc., M. Sc Finance Executive Vice-President and CFO

Rosaire Émond, Eng. Vice-President and COO

Daniel Adam, Geo., PhD Vice-President Exploration

Nicole Veilleux, CPA, CA Finance Director

Jean Bastien, Eng., MBA Manager, Island Gold Mine

Marc-André Lavergne, Eng. Manager, Beaufor/W Zone Mine and Monique Mine

Richmont Mines Board of Directors and Officers

Richmont agm 2014

Investor Relations

Transcript of Richmont agm 2014