DISTRIBUTION TO U.S. WIRE SERVICES Not Proceeding with Private Placement

SAVANNAH GOLD CORP.

FOR IMMEDIATE RELEASE

Contact: Investor Relations January 13, 2017 Phone (604) 684-2181 [email protected]

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

Not Proceeding with Private Placement

Vancouver, BC - Friday, January 13, 2017 – Savannah Gold Corp. (TSXV – SAV.H) (the “Company” or "Savannah") announces that the Company is not proceeding with the $750,000 non-brokered private placement previously announced July 22, 2016.

ON BEHALF OF THE BOARD OF DIRECTORS

Praveen Varshney, FCPA, FCA President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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