Dr. Marc-Antoine Audet reports

SAMA RESOURCES ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT ON SAMAPLEU PROJECT

Sama Resources Inc. has filed on SEDAR+ an independent technical report prepared in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects supporting the results of a mineral resource estimate of its Samapleu nickel-copper project located in Ivory Coast, West Africa, previously reported in the company's news release dated June 27, 2023. There are no material differences in the report from those results in the company's press release dated June 27, 2023. The effective date of the technical report is June 27, 2023.

The full technical report dated Aug. 11, 2023, and entitled, "NI 43-101 Technical Report Mineral Resource Estimate for the Samapleu and Grata Deposits Project," can be found on the company's website and on SEDAR+ under the company's issuer profile. BBA International Inc. prepared the revised mineral resource estimate (MRE) in accordance with National Instrument 43-101 for Samapleu and Grata deposits, located in Ivory Coast. The technical report was prepared by independent consultants: Todd McCracken, PGeo, of BBA, and Chris Martin, CEng, an independent consultant.

Quality assurance/quality control

All scientific and technical information contained in the report has been reviewed and approved by Mr. McCracken, PGeo, director, mining and geology, central Canada, BBA International, the qualified person (QP), Mr. Martin, CEng, metallurgical consultant acting as a QP for the metallurgical section, and Dr. Marc-Antoine Audet, PhD, geology, PGeo, and president and chief executive officer of Sama, QP under the definitions established by National Instrument 43-101.

The qualified persons have reviewed and verified that the technical information with respect to the revised mineral estimate contained in this press release is accurate and have approved the written disclosure of such information. For readers to fully understand the information in this press release, they should read the technical report in its entirety when it is available on SEDAR+, including all qualifications, assumptions and exclusions that relate to the information to be set out in the technical report. The technical report is intended to be read as a whole, and sections should not be read or relied upon out of context.

Qualified person

The resource estimate was prepared by Mr. McCracken, PGeo, of BBA International in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. The resource classification follows the Canadian Institute of Mining, Metallurgy and Petroleum definition for classification of indicated and inferred mineral resources. The criteria used by the QP for classifying the estimated mineral resources are based on confidence and continuity of geology and grades.

About Sama Resources Inc.

Sama is a Canadian-based, growth-oriented resource company focused on exploring the Samapleu nickel-copper project in Ivory Coast, West Africa. The company is managed by experienced industry professionals with a strong record of discovery. Sama is committed to developing and exploiting the Samapleu nickel-copper and platinum group element resources.

Sama's projects are located approximately 600 kilometres northwest of Abidjan in Ivory Coast and are flanked to the west by the Ivorian and Guinean borders. Sama's projects are located adjacent to the large world-class nickel-cobalt laterite deposits of Sipilou and Foungouesso, forming a 125 km long new base metal camp in West Africa.

Sama owns 70-per-cent interest in the Samapleu nickel-copper project in Ivory Coast with its joint venture partner Ivanhoe Electric owning 30 per cent. Ivanhoe Electric has the option to purchase up to a 60-per-cent interest in the project.

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