Komet: Appointment of Mr. Mathieu Savard as Director

QUEBEC CITY, QUEBEC–(Marketwired – Dec. 20, 2017) – Komet Resources Inc. (TSX VENTURE:KMT) (“Komet” or the “Company”) is pleased to announce the appointment of Mr. Mathieu Savard as director.

Mr. Savard is Vice-President Exploration Quebec for Osisko Mining since October 2016. With over 19 years’ experience on several exploration projects in Northern Québec and Canada, M. Savard graduated from the Université du Québec à Montréal with a bachelor’s degree (B.Sc.) in earth sciences and economic geology. Prior to joining Osisko Mining, he was Chief Geologist at Osisko Exploration James Bay Ltd. for all their activities in Québec. For 15 years prior to working with the Osisko Group, M. Savard was a senior member of the Virginia Gold Mines team and, as Project Manager, was instrumental to the development of the world-class Éléonore gold deposit in Northern Québec and was part of the discovery team of the Coulon base metal deposit. Mr. Savard and the Virginia team received the AEMQ’s prestigious Prospector of the Year Award in 2004 for the discovery of both the Éléonore gold deposit and Coulon base metal deposit. In October 2017, Mr. Savard along with the Osisko Mining team received the AEMQ’s Discovery of the Year Award for the Lynx deposit discovery on the Windfall Lake Project. He is a P.Geo. and a member of the Ordre des Géologues du Québec and is a director of the Québec Mineral Exploration Association (QMEA) where he currently serves as Vice-President.

The addition of Mr. Savard to Komet team comes at a key time as Komet is working on the exploration plan for 2018. Mr. Savard is appointed as a replacement to M. Roby Bégin, who resigned as a director for personal reasons. We want to thank Mr. Bégin for his contribution to Komet evolution.

More information about the corporation is available at: http://kometgold.com.

Forward-Looking Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains statements that may constitute “forward-looking information” or “forward-looking statements” as set out within the context of security law. This forward-looking information is subject to many risks and uncertainties, some of which are beyond Komet’s control. The actual results or conclusions may differ considerably from those that have been set out, or intimated, in this forward-looking information. There are many factors which may cause such disparity, especially the instability of metal market prices, the results of fluctuations in foreign currency exchange rates or in interest rates, poorly estimated resources, environmental risks (stricter regulations), unforeseen geological situations, unfavorable extraction conditions, political risks brought on by mining in developing countries, regulatory and governmental policy changes (laws and policies), failure to obtain the requisite permits and approvals from government bodies, or any other risk relating to mining and development. There is no guarantee that the circumstances anticipated in this forward-looking information will occur, or if they do occur, how they will benefit Komet. The forward-looking information is based on the estimates and opinions of Komet’s management at the time of the publication of the information and Komet does not assume any obligation to make public updates or modifications to any of the forward-looking statements, whether as a result of new information, future events, or any other cause, except if it is required by securities laws.