Golden Queen Mining and Great American Minerals Exploration, INC. Terminate Letter Agreement

VANCOUVER, BRITISH COLUMBIA November 18, 2019 – Golden Queen Mining Consolidated Ltd. (TSXV:GQM.H, OTCQB:GQMND) (the “Company” or “Golden Queen”) announces that further to its news release of October 28, 2019 announcing the execution of a binding letter agreement (the “Letter Agreement”) with respect to a proposed business combination transaction (the “Proposed Transaction”) with Great American Minerals Exploration, Inc. (“GAME”), Golden Queen and GAME have mutually agreed to terminate the Letter Agreement. As a result, the Proposed Transaction will not proceed.

Golden Queen is considering all options and business opportunities, which may include further discussions with GAME regarding a transaction at a later date.

For further information please contact:

Brenda Dayton
Telephone: 604.417.7952
Email: bdayton@goldenqueen.com

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