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Gambier GOLD Corp. Announces the Grant of Stock Options

Share Capital & Compensation

NEWS RELEASE

GAMBIER GOLD CORP. ANNOUNCES THE GRANT OF STOCK OPTIONS

VANCOUVER, BRITISH COLUMBIA – September 17, 2020: Gambier Gold Corp . (“Gambier or the “ Company”)

(TSX-V: GGAU) Company has granted its directors, officers and consultants an aggregate of two million and ninety

thousand stock options under the Company’s 10% rolling stock option plan approved by shareholders at the

Annual General Meeting held on December 9, 201 9. The options will be exercisable for five years at a price of

$0.15 per share, the options will be subject to a four month and one day hold period.

ON BEHALF OF THE BOARD

Michael Schuss, President & CEO

“Michael Schuss”

Canadian Energy Materials Corp.

Michael E. Schuss

President & CEO

Phone: 604.241.2254

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.