Abitibi Royalties Files Injunction Against Osisko Mining Corporation for Enforcement of Its Contractual Rights

VAL-D'OR, QUÉBEC--(Marketwired - May 30, 2014) - Abitibi Royalties Inc. (TSX VENTURE:RZZ) ("Abitibi Royalties") announces that it has filed a Motion with the Québec Superior Court to institute proceedings for the issuance of provisional, interlocutory and permanent injunction orders under Articles 110 and 751 et seq. of the Québec Code of Civil Procedure for the enforcement of its contractual rights under the joint venture arrangement between Abitibi and Osisko Mining Corporation to explore and develop a mining property known as the Malartic CHL Prospect in the Fourniere Township of Abitibi County, Québec, which they hold as undivided co-owners. The Motion is set to be heard on Friday May 30, 2014.

About Abitibi Royalties Inc.

Abitibi Royalties holds 100% title to the Luc Bourdon and Bourdon West Prospects in Ontario and a 30% free-carried interest on the Malartic CHL Property near Val-d'Or, Québec which is the object of a joint venture with Osisko. In addition, the Company holds a 2% net smelter royalty interest in one additional claim held by Osisko, and may acquire and generate other property and royalty interests.

Golden Valley Mines Ltd. holds an approximate 62.7% interest in Abitibi Royalties Inc.

Forward Looking Statements:

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