June 22, 2017 – Vancouver, BC: Dolly Varden Silver Corporation (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) is pleased to announce the results of its annual general meeting of shareholders (the “Meeting”) held today, at which shareholders approved all resolutions presented at the Meeting. The Company also appointed Alex Tsakumis as the new Vice President, Corporate Development.

The re-elected directors of the Company are Darren Devine, James Sabala, Thomas Wharton, Donald Birak, Annette Cusworth, and Gary Cope. The officers of the Company are Gary Cope as CEO, Stephen Brohman as CFO, Ben Whiting as VP Exploration, Alex Tsakumis as VP Corporate Development, and Melissa Martensen as Corporate Secretary.

About Alex Tsakumis – He is a seasoned executive in the mining space with over twenty-five years’ investment experience with private and public companies. Prior to joining Dolly Varden, Mr. Tsakumis was the Vice President of Corporate Development at Timmins Gold Corp. for nine years, where he played a pivotal role in the development of the corporation from a junior exploration to a production company. He began his career in 1989 with the Barrington Group, representing advanced stage mining companies. He has experience in capital formation and management and growth of listed companies, including mergers and acquisitions, corporate governance, and corporate communications. He is a graduate of the University of British Columbia with a Bachelor’s Degree in Economics.

About Dolly Varden - Dolly Varden Silver Corporation is a mineral exploration company focused on the exploration of the Dolly Varden silver property located in northwestern British Columbia, Canada. The entire Dolly Varden property is considered to be highly prospective for hosting high-grade precious metal deposits, since it comprises the same structural and stratigraphic setting that host numerous other, on-trend, high-grade deposits (Eskay Creek, Brucejack).

ON BEHALF OF THE BOARD OF DIRECTORS

Gary Cope
President & CEO

For further information, please contact Dolly Varden Silver Corp. at (604) 687-8566
x228, email info@dollyvardensilver.com or visit our website at www.dollyvardensilver.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

Contact Information:

Skanderbeg Capital Advisors Inc.
+1 604 687 7130
Mario Vetro
Email: mario@skanderbegcapital.com

© 2017 Dolly Varden Silver Corp.
All rights reserved.