TORONTO, October 31, 2014 /PRNewswire/ --

Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX:MND) today announced that its third quarter 2014 financial results will be released after market close on Thursday, November 6, 2014, followed by a conference call with Mandalay CEO Brad Mills for investors and analysts on November 7, 2014 at 8:00 am (Toronto time).

Analysts and interested investors are invited to participate using the following dial-in numbers:

   
    Participant Number (International/Local):     (416) 764-8688
    Participant Number (Toll free North America): (888) 390-0546
    Conference ID:                                      65694148

A replay of the conference call will be available until 23:59 pm (Toronto time), November 21, 2014 and can be accessed using the following dial-in numbers:

   
    Encore Toll Free Dial-in Number: 1-888-390-0541
    Local Dial-in-Number:            (416) 764-8677
    Encore ID:                               694148

About Mandalay Resources Corporation: 

Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia, Chile, and Sweden, and a development project in Chile. The Company is focused on executing a roll-up strategy, creating critical mass by aggregating advanced or in-production gold, copper, silver and antimony projects in Australia, the Americas, and Europe to generate near-term cash flow and shareholder value.

Forward-Looking Statements: 

This news release contains "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the Company's intention to obtain the debt financing described above. Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, changes in commodity prices and general market and economic conditions. In addition, there can be no assurance that the proposed debt financing will be completed on the terms and conditions described herein or at all. The factors identified above are not intended to represent a complete list of the factors that could affect Mandalay. A description of additional risks that could result in actual results and developments differing from those contemplated by forward-looking statements in this news release can be found under the heading "Risk Factors" in Mandalay's annual information form dated March 28, 2014, a copy of which is available under Mandalay's profile at http://www.sedar.com.  Although Mandalay has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. 

Bradford Mills, Chief Executive Officer; Greg DiTomaso, Investor Relations, Contact: +1-647-260-1566

SOURCE Mandalay Resources Corporation