Ms. Nana Sangmuah reports

ROSCAN GOLD ANNOUNCES CLOSING OF FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

Further to Roscan Gold Corp.'s press releases of March 31, 2023, and May 10, 2023, the company has closed the final tranche of its non-brokered private placement through the issuance of 6,625,000 common shares in the capital of the company at a price of 20 cents per common share for gross proceeds of $1,325,000. All securities issued in connection with the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. Gross proceeds of the offering will be used for exploration and development of the company's Kandiole project and for working capital and general corporate purposes.

About Roscan Gold Corp.

Roscan Gold is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The company has assembled a significant land position of 100-per-cent-owned permits in an area of producing gold mines (including B2 Gold's Fekola mine which lies in a contiguous property to the west of Kandiole), and major gold deposits, located both north and south of its Kandiole project in West Mali.

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