Ascot Reports Director Resignation

Press Release

Vancouver, B.C. September 23, 2019 — Ascot Resources Ltd. (TSX.V: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) announces that Greg Gibson has resigned from Ascot’s Board of Directors (the “Board”) and has decided not to stand for re-election at the Annual and Special Meeting of Shareholders on Tuesday, September 24, 2019.

Rick Zimmer, Chair of the Board, commented.  “On behalf of everyone at Ascot we would like to thank Greg for his contribution and guidance towards the growth of the Company.  We wish him well in his other endeavours.”

For more information about the Company, please refer to the Company’s profile on SEDAR at www.sedar.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF
ASCOT RESOURCES LTD.

“Rick Zimmer”, Director and Chair of the Board

For further information contact:
Kristina Howe
VP, Investor Relations
778-725-1060 / khowe@ascotgold.com

About Ascot Resources Ltd.

Ascot is a Canadian-based junior exploration company focused on re-starting the past producing historic Premier gold mine, located in British Columbia’s Golden Triangle. The Company continues to define high-grade resources for underground mining with the near-term goal of converting the underground resources into reserves, while continuing to explore nearby targets on its Premier/Dilworth and Silver Coin properties (collectively referred to as the Premier project). Ascot’s acquisition of IDM Mining added the high-grade gold and silver Red Mountain project to its portfolio and positions the Company as a leading consolidator of high- quality assets in the Golden Triangle.

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