TORONTO - Alacer Gold Corp. ('Alacer' or the 'Company') (TSX: ASR) plans to release its fourth quarter and full year 2019 operating results, financial statements and the related management's discussion and analysis before the Toronto Stock Exchange opens on Tuesday, February 4, 2020 (North America).

Rod Antal, Alacer's President and Chief Executive Officer will host a conference call on Tuesday, February 4, 2020 at 4:00 p.m. (North America Eastern Standard Time) / Wednesday, February 5, 2020 at 8:00 a.m. (Australian Eastern Daylight Time).

About Alacer

Alacer is a leading low-cost intermediate gold producer whose primary focus is to leverage its cornerstone Copler Gold Mine and strong balance sheet as foundations to continue its organic multi-mine growth strategy, maximize free cash flow and therefore create maximum value for shareholders. The Copler Gold Mine is located in east-central Turkey in the Erzincan Province, approximately 1,100 kilometers ('km') southeast from Istanbul and 550km east from Ankara, Turkey's capital city.

Alacer continues to pursue opportunities to further expand its current operating base to become a sustainable multi-mine producer with a focus on Turkey. The Copler Mine1 is processing ore through two producing plants and is expected to produce 3.3 million ounces over its life of mine.

The systematic and focused exploration efforts in the Copler District have been successful as evidenced by the newly discovered Ardich deposit2. The Copler District remains the focus, with the goal of continuing to grow oxide resources that will deliver production into the future. In the other regions of Turkey, targeted exploration work continues at a number of highly prospective exploration targets.

Alacer is a Canadian company incorporated in the Yukon Territory with its primary listing on the Toronto Stock Exchange. The Company also has a secondary listing on the Australian Securities Exchange where CHESS Depositary Interests ('CDIs') trade. Alacer owns an 80% interest in the world-class Copler Gold Mine in Turkey operated by Anagold Madencilik Sanayi ve Ticaret A.S. ('Anagold'), and the remaining 20% owned by Lidya Madencilik Sanayi ve Ticaret A.S. ('Lidya Mining').

Contact:

Lisa Maestas

Tel: +1-303-292-1299

(C) 2020 Electronic News Publishing, source ENP Newswire