Komet announces resignation of a Director

MONTREAL, Nov. 25, 2019 (GLOBE NEWSWIRE) — Les Ressources Komet Inc. (« Komet » or the « Company »; TSX V : KMT) announces that Mr. André Gagné has resigned from the Board of Directors of the Company. This is the result of the Company’s decision to sell its assets in West Africa and henceforth focus its exploration efforts in Eastern Canada. Mr. Gagné will remain special consultant to the Company until all sales of African assets are closed. The Board of Komet would like to thank Mr. Gagné for his contributions to the Company during his tenure as President and Director.

Komet is also pleased to announce that it has recently completed the acquisition of a base metal property in Quebec and is presently working to close a second base metal transaction. Details of these acquisitions will be announced in the new year.

For further information :

Robert Wares, interim president 514-940-0670 ext. 111 / r.wares@kometgold.com

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release, such as information related to financings, the use of proceeds from financings, the Company’s ability to close a financing, the timing and ability of the Corporation to obtain final approval of a financing from the TSX Venture Exchange, objectives, goals or future plans, statements regarding exploration results and exploration properties and any other information in this news release that is not historical in nature and that could be construed as “forward-looking information”. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.