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TSX Delisting Review – Rubicon Minerals Corporation (RMX)

November 30, 2016

DELISTING REVIEW Rubicon Minerals Corporation (the "Company") – Further to TSX Bulletin 2016-1075 dated October 31, 2016, TSX has deferred its decision regarding the common shares (Symbol: RMX) (the "Common Shares") of the Company with respect to meeting the requirements for continued listing until December 29, 2016. The Common Shares will remain suspended from trading.

About TMX Group (TSX: X)

TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston) as well as in London, Beijing, Singapore and Sydney. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.