Mr. Nana Sangmuah reports

ROSCAN GOLD ANNOUNCES FULLY SUBSCRIBED C$1.5 MILLION CONVERTIBLE NOTE FINANCING

Roscan Gold Corp. has entered into a binding term sheet for a fully subscribed financing of $1.5-million through the private placement of secured convertible notes of the company with a group of investors. The notes will carry a 12-per-cent coupon over a one-year term with a conversion price of 20 cents per Roscan Gold's common shares in the capital of the company.

The note will be convertible, in whole or in part, at the option of the noteholder into common shares at any time prior to the close of business on the earlier of: (a) the business day prior to the maturity date; and (b) the business day prior to any date set for the redemption or repurchase of the note in accordance with their terms. The noteholder shall receive accrued and unpaid interest on the note, paid in cash, up to, but excluding, the date of conversion. Gross proceeds from the private placement will be used for general working capital purposes.

The offering is subject to customary closing conditions and approvals of applicable securities regulatory authorities, including the TSX Venture Exchange. The grant of security shall also be subject to approval of Osisko Gold Royalties Ltd. All securities issued in connection with the private placement will be subject to a hold period of four months plus one day from the date of issuance and the resale rules of applicable securities legislation.

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 B2Gold'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.

We seek Safe Harbor.