Savannah Gold Corp. Announces Name Change and New Director

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SAVANNAH GOLD CORP.

FOR IMMEDIATE RELEASE

Contact: Investor Relations May 18, 2017

Phone (604) 684-2181

Savannah Gold Corp. Announces Name Change and New Director

Vancouver, British Columbia - (May 18, 2017) – SAVANNAH GOLD CORP. (TSX.V: SAV.H) (the

“Company”) is pleased to announce that, further to its news releases of April 25, 2017 and May

8, 2017 (the “ Prior Announcements ”), the Company has changed its name from “Savannah

Gold Corp.” to “E3 Metals Corp.” (the “Name Change”). The Name Change will become effective

at the open Friday, May 19, 2017, when the Company’s common shares begin trading under the

symbol “ETMC.H”. The Company also announces the resignation of Praveen Varshney as a

director, and the appointment of Peeyush Varshney in his place.

The Name Change is being undertaken in connection with the Company’s previously announced

acquisition of 1975293 Alberta Ltd., operating as E3 Metals (the “ Transaction”). On closing of

the Transaction, the Company will carry on t he development of 1975293 Alberta Ltd.’s lithium

petro-brine projects in south-central Alberta, complete its reactivation as a Tier 2 Mining Issuer

on the TSX Venture Exchange and further reconstitute its board and management as set out in

the Prior Announcements.

Completion of the Transaction is subject to a number of conditions, including TSX Venture

Exchange acceptance. The Transaction cannot close until the required approvals are obtained.

There can be no assurance that the Transaction will be completed as proposed or at all.

ON BEHALF OF THE BOARD OF SAVANNAH GOLD CORP.

(Signed) “Praveen Varshney”

Praveen Varshney

President and CEO

For further information contact Peeyush Varshney at 604 684-2181.

Reader Advisory

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains “forward-looking information” within the meaning of applicable securities laws

relating to the proposal to complete the Transaction and associated transactions, including statements

regarding the terms and conditions of the Transaction and the business of 1975293 Alberta Ltd. Although

the Company believes in light of the experience of its officers and directors, current conditions and

expected future developments and other factors that have been considered appropriate that the

expectations reflected in this forward-looking information are reasonable, undue reliance should not be

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placed on them because the Company can give no as surance that they will prove to be correct. The

statements in this press release are made as of t he date of this release. The Company undertakes no

obligation to comment on analyses, expectations or statements made by third-parties in respect of the

Company, 1975293 Alberta Ltd., their securities, or their respective financial or operating results (as

applicable).