Gambier Gold Announces Private Placement

VANCOUVER, BC – November 25, 2020 – Gambier Gold Corp. (TSX-V: GGAU) (the “Company”) announces that it has received an extension from the TSX Venture Exchange (the “TSX-V”) further to the October 9, 2020 News Release announcing a non-brokered private placement. The outside date upon which final acceptance of the Private Placement will be granted by the TSX-V has been extended to December 23, 2020. The Private Placement is subject to the receipt of all necessary approvals, including the final approval of the Exchange.

ON BEHALF OF THE BOARD

Michael E. Schuss President & CEO

For further information, please contact:

Gambier Gold Corp.

Phone: (604) 241-2254 E-mail: [email protected]

Website: www.gambier.gold

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.