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LVG.V ·

Tembo GOLD Grants Rsus

Share Capital & Compensation

TEMBO GOLD GRANTS RSUs

December 8, 2023, Vancouver, BC – Tembo Gold Corp. (TSXV:TEM) (“Tembo” or the “Company”) – announces

that pursuant to the equity incentive plan adopted by the Company in June 2022, the Company has granted

9,600,000 restricted share units (“ RSUs”) to its directors, officers and employees. T he RSUs vest four months

from the grant date.

On Behalf of the Board of Directors of Tembo,

Simon Benstead

Executive Chairman & CFO

Phone: +1 604-685-9316

Email: [email protected]

For more information please contact:

Simon Benstead Marc Cernovitch

Executive Chairman & CFO CEO & Director

Phone : + 1 604-685-9316 Phone: +1 604-685-9316

Email : [email protected] Email : [email protected]

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 NEWS

RELEASE.