MONTREAL, QUEBEC--(Marketwired - Apr 16, 2015) - MDN Inc. (MDN.TO) (the "Company") is pleased to announce that it has received the amount of 784,893,170 Tanzanian shilling, or approximately 545,000 Canadian dollars, following the settlement of a dispute with the Tanzanian Revenue Authority (the "TRA).

Since the summer of 2013, the TRA was retaining an amount in sales tax receivable of the Company. The Company had immediately notified the TRA National Commissioner of his opposition since it has always paid its due to the TRA.

MDN Inc. wishes to thank the Tanzanian government authorities and the Canadian High Commissioner of Tanzania for their cooperation in this matter.

"We are very pleased with the good outcome of this dispute", commented Claude Dufresne, President and CEO." The amount will enable us to continue the development of our projects, "said M. Dufresne.

About MDN (MDN.TO)

MDN Inc. is a mining exploration and development company with properties in Quebec and Tanzania. In Quebec, MDN holds a 72.5% interest in Crevier Minerals Inc., which owns a NI 43-101 niobium-tantalum resource and 100% of the Samaqua property.