ORE.TO · 2019-02-22 12:00:00

Orezone Grants Stock Options

Share Capital & Compensation

February 22, 201 9 - Orezone Gold Corporation (TSXV:ORE) (“Orezone” or the “Company”)

announces that i t has granted stock options for a total of 4,065,000 common shares of the

Company to directors, officers and employees of the Company. These stock options are

exercisable at C$0. 53 per common share and will expire on February 21, 2024. These stock

options are governed by the terms and conditions of the Company’s stock option plan.

Following this gr ant of stock options, the Company has a total of 18,631,000 stock options

outstanding, representing approximately 8.8% of the 210,935,364 common shares currently

issued and outstanding.

About Orezone Gold Corporation

Orezone is a Canadian company with a s uccessful gold discovery track record and recent mine

development experience in Burkina Faso, West Africa. The Company owns a 90% interest in

Bomboré, a fully permitted, low cost, development stage gold project in Burkina Faso, situated

85 km east of the capital city of Ouagadougou, adjacent to an international highway.

For further information please contact Orezone at +1 (778) 945-8977 or visit the Company’s

website at www.orezone.com.

Orezone Gold Corporation

Patrick Downey,

President and Chief Executive Officer

Tel: 1 778 945 8977 / Toll Free: 1 888 673 0663

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.