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Yamana Gold Raises Approximately C$20 Million Through the Sale of Brio Gold Common Shares

TORONTO, ONTARIO–(Marketwired – March 6, 2017) – YAMANA GOLD INC. (TSX:YRI) (NYSE:AUY) (“Yamana” or the “Company”) is pleased to announce that it has completed a secondary offering by private placement of 6,000,000 common shares (“Brio Shares”) of Brio Gold Inc. (“Brio Gold”). Yamana sold the Brio Shares at a price of C$3.35 per Brio Share for total proceeds of C$20,100,000 to an arm’s length institutional shareholder.