Dr. Marc-Antoine Audet reports

SAMA RESOURCES REPORTS ON SRG'S EXCELLENT ELECTROCHEMICAL CHARACTERISTICS FOR ITA S SPHERICAL PURIFIED GRAPHITE

Sama Resources Inc.'s spinout company SRG Graphite Inc. has provided the results of electrochemical characterization of its spherical purified graphite (SPG) material produced from SRG's Lola graphite deposit in the Republic of Guinea. The characterization tests were performed by Dorfner Anzaplan at its facility in Hirschau, Germany.

"The laboratory work and analysis on the Lola graphite concentrate and SPG characteristics are aimed at identifying the best uses of SRG's graphite and its suitability for use in lithium-ion battery and technology grade graphite applications. These are exciting results and continue to compare favourably with graphite that is currently available in the marketplace," stated Marc-Antoine Audet, president and chief executive officer of Sama.

SRG's Lola graphite project, a spinout of Sama Resources, has a graphite occurrence with a prospective surface outline of 3.22 kilometres of continuous graphitic gneiss. Sama holds a control position in SRG of 24,658,267 shares representing 40.3 per cent of the issued and outstanding shares of SRG and is considered an insider for reporting purposes.

Anzaplan tested and reported on three main electrochemical characteristics of SRG's SPG, important for the lithium-ion battery market: cyclic voltammetry which measures kinetics and hysteresis of the charge/discharge cycle, specific capacity, and cycling performance.

Anzaplan report: SRG's spherical graphite electrochemical characterization highlights

• Cyclovoltammetric measurements indicate that the kinetics of SRG's purified spherical graphite make it suitable as active material in lithium-ion batteries;
• Achieves remarkable reversible capacities of over 365 milliampere-hours per gram, which is very close to the theoretical maximum of 372 mAh/g;
• Demonstrates above average cyclability, achieving a value of 356 mAh/g after 100 cycles at a cycle rate of 0.5C. This represents about 99 per cent of initial capacity and 96 per cent of theoretical capacity, which is better than the average value for typical uncoated spherical graphite products.

About Sama Resources Inc.

Sama is a Canadian-based mineral exploration and development company with projects in West Africa. On Oct. 23, 2017, Sama announced that it had entered into a binding term sheet in view of forming a strategic partnership with HPX TechCo Inc., for the development of its Cote d'Ivoire nickel-copper and cobalt project in Ivory Coast, West-Africa. For more information about Sama, please visit Sama's website.

The technical information in this release has been reviewed and approved by Raphael Beaudoin, PEng, director of operation of SME and a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

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