Orezone Announces Appointment of New Director

OTTAWA, July 18, 2017 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSXV:ORE) is pleased to announce that Charles Oliver has joined its Board of Directors. Mr. Oliver, Acc. Dir, CFA, HB. Sc. in Geology, brings to Orezone over 30 years experience as an award-winning fund manager. He retired from Sprott Asset Management in 2015 as Lead Portfolio Manager of the Gold and Precious Metals Fund.  Prior to that in 2008, Mr. Oliver was at AGF Funds where he was Senior Vice President and Lead Portfolio Manager of a team that managed over $4 billion in several funds, including their Precious Metals Funds.  He is currently on the board of Klondex Mines, and was a board member with Integra Gold before it was acquired by Eldorado Gold. 

Patrick Downey, President and CEO stated, “We are delighted to have Charles join our Board. His extensive technical and capital markets experience in the mining sector will prove invaluable to Orezone as the Company continues to execute on its growth plans.”

The Company also announces that it has granted 300,000 stock options to Mr. Oliver in accordance with the Company’s Stock Option Plan. The stock options are exercisable at a price of $0.78 per share and are exercisable on or before July 17, 2027.

About Orezone Gold Corporation

Orezone is a Canadian company with a successful gold discovery track record and recent mine development experience in Burkina Faso, West Africa. The Company owns a 90% interest in Bomboré, a fully permitted, undeveloped oxide gold deposit in West Africa, which is situated 85 km east of the capital city, adjacent to an international highway.

Additional information on Orezone Gold can be found at www.orezone.com and www.sedar.com.

For further information please contact Orezone at (613) 241‑3699 or Toll Free: (888) 673‑0663

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