Mr. Mark Brennan reports

ASCENDANT ANNOUNCES APPOINTMENT OF MR. VAL COETZEE AS DIRECTOR OF PROCESS ENGINEERING

Ascendant Resources Inc. has strengthened its technical team with the addition of Val Coetzee who has been appointed as director, process engineering. Mr. Coetzee will work with the rest of the technical team to enhance the delivery of the Lagoa Salgada project to optimize the process flowsheet and design as the company moves toward project development.

Mr. Coetzee is a senior process engineering professional with over 25 years of experience in process engineering design, operational management, metallurgical analysis, risk analysis, economic valuation and executive leadership within the global mining industry. For the past decade, Mr. Coetzee has been at DRA Global, rising to the role of senior vice-president for process engineering. Mr. Coetzee played a vital role in the success of various projects and studies across a broad range of commodities and locations globally. Prior to this Mr. Coetzee worked at Impala Platinum and De Beers Consolidated as a metallurgist and technical manager tasked with overseeing new greenfield projects. Mr. Coetzee holds a bachelor of engineering in chemical engineering from the University of Stellenbosch, South Africa, and a master of engineering, mining (mineral economics), from the University of the Witwatersrand, South Africa, and has experience in a diverse range of commodities, including platinum group metals, gold, uranium, copper, cobalt, zinc, lead, lithium, manganese, chrome, nickel, magnesium, iron ore and diamonds, with expertise in mineral processing, hydrometallurgy and pyrometallurgy.

Mark Brennan, executive chairman of Ascendant, stated: "We are extremely pleased to welcome Val to the technical team at Ascendant. Val brings significant experience in design, metallurgy and process optimization which add significantly to the technical capabilities of Ascendant as we aim to optimize the process design and flowsheet for the Lagoa Salgada project as we move the project to towards a final development decision."

About Ascendant Resources Inc.

Ascendant Resources is a Toronto-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada volcanogenic massive sulphide project located on the prolific Iberian pyrite belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver and gold. Extensive exploration upside potential lies both near deposit and at prospective stepout targets across the large 7,209-hectare property concession.

We seek Safe Harbor.