Dr. Marc-Antoine Audet reports

SAMA WELCOMES NEW VICE PRESIDENT OF CORPORATE DEVELOPMENT

Sama Resources Inc. has appointed Matt Johnston as vice-president of corporate development. Mr. Johnston's extensive experience will strengthen and propel Sama's corporate development plans and M&A (mergers and acquisitions) strategy, further instilling the company as a lead project generator in the resource exploration and development space.

"I'm thrilled to take on a bigger role with the company and support the talented team here at Sama. The organization has an incredible senior management team, and I'm exited to extend my capital markets experience to the group," said Mr. Johnston.

Prior to joining Sama, as the president of Johnston-Sequoia Capital Corp., Mr. Johnston has been engaged in the business of assisting small-cap corporations with institutional targeting, market intelligence, buy-side advisory and venture capital for the past 16 years. He assisted in the development of Salares Lithium Inc. from its inception to its ultimate acquisition by Talison Lithium Ltd. in September, 2010 (forming the largest pure play lithium company in the world), in a $350-million merger. He also assisted in the development of Talison Lithium Ltd. from its inception to its ultimate acquisition by Chengdu Tianqi Industry Group Ltd. in March, 2013, in an $864-million merger. Additionally, he assisted in the development of Terraco Gold Corp. in its transition from grassroots greenfield exploration in 2008 to acquiring Western Standard Metals in a $64-million merger in 2010 to the acquisition of the suite of Spring Valley gold royalties (from 2011 to 2016), to its ultimate acquisition by Sailfish Royalty Corp. in August, 2019. Previous to his career in venture capital, Mr. Johnston held independent advisory roles at RBC Insurance, RBC Investments and RBC Dominion Securities. He holds a business degree from the Gerald Schwartz School of Business at St. Francis Xavier University.

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/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-kilometre-long new base metal camp in West Africa.

Sama owns a 70-per-cent interest in the Samapleu nickel-copper project in Ivory Coast, with its joint venture partner Ivanhoe Electric Inc. 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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