is pleased to announce that at its Annual General Meeting of Shareholders held on July 28, 2015, over 50% of the shares of the Company were represented in person or by proxy at the meeting.

The Company is pleased to announce all resolutions received overwhelming support from our shareholders at the Meeting. Incumbent directors Joseph Grosso, Nikolaos Cacos, David Terry, Louis Salley and John Gammon were re-elected to the Board of Directors of the Company.

"I would like to thank all the shareholders who took the time to vote and for their support," stated Joseph Grosso, Executive Chairman. "This is a strong endorsement of the hard work and achievements of the Company which include completing an 11,000 meter drill program on Chinchillas as well as making the final payment for the 100% acquisition of the Chinchillas project."

About Golden Arrow:

Golden Arrow is a Vancouver-based explorer focused on identifying, acquiring and advancing precious and base metal projects in Argentina with the goal of achieving a world class discovery. The main focus is on advancing the flagship Chinchillas Silver Project located in Jujuy, Argentina. Golden Arrow is a member of Grosso Group, a management company specialized in resource exploration, and working in Argentina where it is highly regarded and trusted since 1993.

ON BEHALF OF THE BOARD

"Joseph Grosso"
_______________________________
Mr. Joseph Grosso
Executive Chairman, President, CEO and Director

For further information please contact:

Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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