Compass Gold Announces Options Grant

Toronto, Ontario, January 12, 2018 – Compass Gold Corp. (TSX-V:CVB) (Compass or the Company) announces that a total of 2,145,000 options to purchase common shares of the Company were granted to various directors and officers of the Company on December 31, 2017 at a price of $0.50 per share for a period of five years. These options were part of the options set aside as noted in the Company’s Notice and Information Circular for its Annual and Special General Meeting held on November 16, 2017. The grant is subject to regulatory approval.

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President’s Letter to Shareholders

President’s Letter to Shareholders    

As your new President and CEO of Compass Gold Corp., I would first like to thank the many individuals who have made this exciting “relaunch” of our company possible. The strong support of our shareholders, the sound guidance of our advisors and the diligent efforts of our management team and directors have all combined to bring us to where we are today; ready to return to Mali and roll out an aggressive gold exploration program on our highly prospective Sikasso properties.

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COMPASS GOLD ANNOUNCES MANAGEMENT AND BOARD APPOINTMENTS

Exploration Program Initiated in Mali

Toronto, Ontario, December 18, 2017 – Compass Gold Corp. (TSX-V:CVB) (Compass or the Company) is pleased to announce the formal appointment of three new members to the executive management team.

As previously announced by the Company on November 29, 2017, Larry Phillips has been appointed President and Chief Executive Officer. At a meeting of the Board of Directors on December 12th, the Directors appointed Louis Nagy as the Company’s Chief Financial Officer and Corporate Secretary, replacing Lara Iacusso and Danica Topolewski. The Directors also appointed Sandy Archibald, PhD, PGeo, as Technical Director and Greg Taylor as Director, Investor Relations and Corporate Communications. Further information about the management team is set out below.

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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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COMPASS GOLD ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE SIKASSO GOLD PROPERTY IN MALI

Vancouver, BC and Sydney, Australia, August 23, 2017 – Further to the new release dated July 13, 2017 Compass Gold Corp. (NEX:CVB.H) (Compass or the Company) and Mali Gold Exploration Pty Ltd (MGE) are pleased to announce that they have entered into a binding share exchange agreement (the Agreement) dated August 23, 2017 (as signed by the two companies and MGE’s shareholders), whereby Compass will acquire all of the issued and outstanding shares of MGE (the MGE Shares) in exchange for the issuance of Post‐Consolidation Shares (as defined below) of Compass to the shareholders of MGE.   The acquisition of MGE (the Acquisition) will constitute a Reactivation and a Reverse Takeover of Compass as such terms are defined in the policies of the TSX Venture Exchange (TSXV or the Exchange).

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COMPASS GOLD SIGNS LETTER OF INTENT TO ACQUIRE SIKASSO GOLD ASSETS IN MALI

Vancouver, BC and Sydney, Australia, July 13, 2017 – Compass Gold Corp. (NEX:CVB.H) (“Compass” or the “Company”) and Mali Gold Exploration Pty Ltd (“MGE”) are pleased to announce that they have entered into a binding letter of intent (the “LetterAgreement“) dated July 13, 2017 (as signed by the two companies and MGE’s principal shareholders), setting out the terms and conditions for Compass to acquire all of the issued and outstanding shares of MGE (the “MGE Shares“) in exchange for the issuance of Post‐Consolidation Shares (as defined below) of Compass to the shareholders of MGE.

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COMPASS GOLD CORPORATION CLOSES NON-BROKERED PRIVATE PLACEMENT FOR $500,000

Compass Gold Corporation (TSXV: CVB) (the “Company”) is pleased to report that it has closed its previously announced non-brokered private placement.

The Company issued a total of 10,000,000 units at a price of $0.05 per unit (“Units”) for total gross proceeds of $500,000. Each Unit is comprised of one common share of the Company and one transferable common share purchase warrant.

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