Richmont Mines Inc.

The Northern Miner

Richmont Mines Inc. is pleased to announce the appointment of gold industry veteran Ebe Scherkus to its Board of Directors. Mr. Scherkus recently retired as President and COO of Agnico-Eagle Mines Limited, after a 27 year career with the company. His extensive experience in opening, building, and acquiring gold mines will be of tremendous benefit to Richmont in achieving its objective to become a world-class, intermediate gold mining company.

Mr. Scherkus served as President and COO of Agnico-Eagle from December 2005 until his retirement in February 2012. Prior to this, he served as Executive VP Operations from 1998 to 2005, as VP Operations from 1996 to 1998, as manager of the company’s La Ronde Division from 1986 to 1996, and as a project manager from 1985 to 1986. Mr. Scherkus is a graduate ofMcGillUniversity, a member of the Association of Professional Engineers of Ontario, and a past President of the Quebec Mining Association.

Richmont Mines Inc. (TSX – NYSE Amex: RIC) is a Canadian gold company that has produced over 1,200,000 ounces of gold since beginning production in 1991. For more information on Richmont, please visit our website at