Komet Mali SARL And Adjoining Dabia South Project Acquisition Completion

TORONTO - Roscan Gold Corporation reported the completion of the previously announced acquisition of all of the issued and outstanding shares of Komet Mali SARL, among Roscan, Komet and Komet Mali.

Komet Mali owns the Dabia South Project, located in Dabia Sud, Mali, comprising 35km2 of concessions with promising gold exploration potential and located adjacent to the Company's property in Kandiole, Mali. Pursuant to the Acquisition, Komet Mali became a wholly owned subsidiary of Roscan Mali SARL, a wholly owned subsidiary of Roscan.

President and CEO Nana Sangmuah said, "We are very excited about this acquisition that strengthens our discovery potential by adding key exploration targets on a major Regional Trend. One of these targets has a shallow historical estimate which extends to 80m depth. Our exploration Team on the ground are finalizing drill campaigns on some of these targets, which will be incorporated as part of our expanded 45,000 km 2020 work program. We now have approximately 20km of a structural corridor consolidated which sets the stage for systematic exploration to unlock value on the entire belt."