COMPASS GOLD COMPLETES SHARE EXCHANGE TRANSACTION TO ACQUIRE SIKASSO GOLD PROPERTY IN SOUTHERN MALI

CLOSES $6 MILLION NON-BROKERED PRIVATE PLACEMENT TO FUND EXPLORATION PROGRAM

Vancouver, BC and Sydney, Australia, November 29, 2017 – Compass Gold Corp. (NEX:CVB.H) (Compass or the Company) is pleased to announce the completion of the previously announced acquisition (see Compass news release dated Aug. 23, 2017) of all of the issued and outstanding shares of Mali Gold Exploration Pty Ltd (MGE) (Acquisition), concurrent with a one-for- five share consolidation (Consolidation) and non-brokered private placement of $6,000,000 (Private Placement) (together the Transaction). The Company’s common shares will commence trading on the TSX Venture Exchange (the TSXV or the Exchange) as a Tier 2 issuer under the symbol “CVB”, on a post consolidation basis on November 30, 2017.

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