RICHMONT MINES INC. COMPLETES EQUITY FINANCING
MONTREAL, Quebec, Canada, June 17 th , 2010 - Richmont Mines Inc. (“Richmont”) (TSX - NYSE Amex:
RIC) announced today that it has completed the previously announced overnight marketed public offering of
3,300,000 common shares of Richmont (the “Common Shares”) at a price of CAN$5.00 per Common Share
for aggregate gross proceeds of CAN$16,500,000. The 3,300,000 Common Shares issued by Richmont include
300,000 Common Shares issued upon the exercise in part by the underwriters of an over-allotment option.
The net proceeds of the offering will be used for development work at Richmont’s projects, primarily the
Francoeur Mine in Quebec, for potential acquisitions and for general corporate purposes.
The Common Shares offered have not been and will not be registered under the U.S. Securities Act of 1933, as
amended (the “U.S. Securities Act”) or any state securities laws. Accordingly, the Common Shares may not be
offered or sold in the United States or to U.S. persons (as defined in Regulation S under the U.S. Securities Act)
unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such
registration is available. This press release does not constitute an offer to sell or a solicitation of an offer to buy
any of the Common Shares offered under the short form prospectus within the United States or to U.S. persons.
About Richmont Mines Inc.
Richmont has produced over 1,000,000 ounces of gold from its operations in Quebec, Ontario and
Newfoundland since beginning production in 1991. With extensive experience in gold exploration, development
and mining, Richmont is well positioned to cost-effectively build its North American reserve base through a
combination of organic growth, strategic acquisitions and partnerships. Richmont routinely posts news and other
important information on its website (www.richmont-mines.com).
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