Compass Gold Announces Proposed Warrant Extension

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Toronto, Ontario, November 17, 2020 – Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) announces that has filed with the TSX Venture Exchange (the “Exchange”) to extend the term of certain issued and outstanding warrants that are otherwise scheduled to expire on November 29, 2020. Subject to final approval of the Exchange, the Company plans to extend the term of issued and outstanding warrants (the “Warrants”) that were issued as part of a private placement that closed on November 29, 2017 and exercisable at a price of $0.75 per share for a total of 12,200,000 common shares. None of the warrants issued in that private placement have been exercised. The proposed new expiry date for the Warrants would be November 29, 2021.

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