Gambier GOLD Corp. Provides Update ON First Quarter Interm Financial Filings

NEWS RELEASE

GAMBIER GOLD CORP. PROVIDES UPDATE ON FIRST QUARTER INTERM FINANCIAL FILINGS

VANCOUVER, BRITISH COLUMBIA – September 2, 2020: Gambier Gold Corp . (“Gambier or the “ Company”)

(TSX-V: GGAU) announces that the Company will be relying on relief granted by the British Columbia Securities

commission (“ BCSC”) under BC Instrument 51 -515 (“ BCI 51 -515”) for temporary exemption from certain

continuous disclosure requirements due to the challenges created by COVID -19. A copy of the tem porary

exemption granted by the BCSC in response to the COVID-19 Pandemic an be found at: https://www.bcsc.bc.ca/-

/media/PWS/Resources/Securities_Law/Policies/Policy5/51515-BCI-March-23-2020pdf.pdf

The Company will delay the following interim filings, which would otherwise be due on August 30, 2020 and are

now expected to be filed no later than (October 15, 2020):

• Interim Annual Financial Statements for the three months ended June 30, 2020;

• Interim Management Discussion and Analysis for the three months ended June 30, 2020;

• Certification of Filings – CEO; and

• Certification of Filings – CFO.

collectively (the “Filings”)

Until the Company has completed the Filings, all management and other insiders are subject to share trading and

black-out policy that reflect the principals in Section 9 of National Policy 11-207 Failure-to-File Cease Trade Orders

and Revocations in Multiple Jurisdictions.

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.