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OGC.TO ·

Oceanagold Provides Notice of First Quarter 2020 Results Release Date and Conference Call / Webcast

Financials

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MEDIA RELEASE

23 April 2020

OCEANAGOLD PROVIDES NOTICE OF FIRST QUARTER 2020 RESULTS RELEASE

DATE AND CONFERENCE CALL / WEBCAST

(MELBOURNE) OceanaGold Corporation ( TSX: OGC) ( ASX: OGC ) (the “Company”) advises that it will

release its full financial and operational results for the first quarter ending March 31, 2020 before the TSX

market open on Thursday May 14, 2020 (Toronto, Eastern Daylight Time). The re sults will be available on

the Company’s website at www.oceanagold.com.

The Company will also host a conference call / webcast to discuss the results at 7:30 am on Friday May 15,

2020 (Melbourne, Australian Eastern Standard Time) / 5:30 pm on Thursday May 14, 2020 (Toronto, Eastern

Daylight Time).

Webcast Participants

To register, please copy and paste the link below into your browser:

https://produceredition.webcasts.com/starthere.jsp?ei=1303401&tp_key=7253372de9

Teleconference Participants (required for those who wish to ask questions)

Local (toll free) dial in numbers are:

North America: 1 888 390 0546

Australia: 1 800 076 068

United Kingdom: 0 800 652 2435

Switzerland: 0 800 312 635

All other countries (toll): + 1 416 764 8688

Playback of Webcast

If you are unable to attend the call, a recording will be available for viewing on the Company’s website.

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ASX Listing Rule Waivers

The Company has received a waiver from the Australian Securities Exchange in relation to ASX Listing Rule

5.1 to the extent necessary to permit the Company not to lodge quarterly activity and expenditure reports.

– ENDS –

Authorised for release to market by OceanaGold Corporate Company Secretary, Liang Tang.

For further information please contact:

Investor Relations Media Relations

Sam Pazuki

Tel: +1 720 602 4880

[email protected]

Melissa Bowerman

Tel: +61 459 900 099

[email protected]

www.oceanagold.com | Twitter: @OceanaGold

About OceanaGold

OceanaGold Corporation is a mid -tier, high-margin, multinational gold producer with assets located in the

Philippines, New Zealand and the United States. The Company’s assets encompass the Didipio Gold-Copper

Mine located on the island of Luzon in the Philippines. On the North Island of New Zealand, the Company

operates the high-grade Waihi Gold Mine while on the South Island of New Zealand, the Company operates

the largest gold mine in the country at the Macraes Goldfield which is made up of a series of open pit mines

and the Frasers underground mine. In the United States, the Company operates the Haile Gold Mine, a top-

tier, long-life, high-margin ass et located in South Carolina. OceanaGold also has a significant pipeline of

organic growth and exploration opportunities in the Americas and Asia-Pacific regions.

OceanaGold has operated sustainably since 1990 with a proven track-record for environmental management

and community and social engagement. The Company has a strong social license to operate and works

collaboratively with its valued stakeholders to identify and invest in social programs that are designed to build

capacity and not dependency.

For 2020, and subject to the cautionary statement below, the Company expects to produce between 360,000

and 380,000 ounces of gold from Haile, Waihi and Macraes combined at a consolidated All -In Sustaining

Costs ranging from $1,075 to $1,125 per ounce sold.

Cautionary Statement for Public Release

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Certain information contained in this public release may be deemed “forward -looking” within the meaning of

applicable securities laws. Forward -looking statements and information relate to future performance and

reflect the Company’s expectations regarding the generation of free cash flow, achievement of guidance,

execution of business strategy, future growth, future production, estimated costs, results of operations,

business prospects and opportunities of Oceana Gold Corporation and its related subsidiaries. Any

statements that express or involve discussions with respect to predictions, expectations, beliefs, plans,

projections, objectives, assumptions or future events or performance (often, but not always, using words or

phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans",

"estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or

"will" be taken, occur or be achieved) are not statements of historical fact and may be forward -looking

statements. Forward-looking statements are subject to a variety of risks and uncertainties which could cause

actual events or results to differ materially from those expresse d in the forward -looking statements and

information. They include, among others, the outbreak of an infectious disease, the accuracy of mineral

reserve and resource estimates and related assumptions, inherent operating risks and those risk factors

identified in the Company’s most recent Annual Information Form prepared and filed with securities regulators

which is available on SEDAR at www.sedar.com under the Company’s name. There are no assurances the

Company can fulfil forward -looking statements and infor mation. Such forward -looking statements and

information are only predictions based on current information available to management as of the date that

such predictions are made; actual events or results may differ materially as a result of risks facing the

Company, some of which are beyond the Company's control. Although the Company believes that any

forward-looking statements and information contained in this press release is based on reasonable

assumptions, readers cannot be assured that actual outcomes or results will be consistent with such

statements. Accordingly, readers should not place undue reliance on forward -looking statements and

information. The Company expressly disclaims any intention or obligation to update or revise any forward -

looking statements and information, whether as a result of new information, events or otherwise, except as

required by applicable securities laws. The information contained in this release is not investment or financial

product advice.

NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION

TO US NEWSWIRE SERVICES.