Tombola Gold Ltd. announced the resignation of Mr. Ken Stapleton from its Board, effective immediately. As a result of the Company moving to a regional position based on the project acquisitions announced this morning, Mr. Ken Stapleton has advised the Company that he wishes to step off the Board to avoid any potential or perceived conflicts of interest, given his role as founder and Managing Director of MineOp Consulting Pty Ltd, which specialises in the provision of mine planning services for multiple clients. The Company has reluctantly accepted Mr. Stapleton's resignation as a Director, but has committed to continuing to utilise his firm's services given his extensive experience and familiarity with the Company's projects and strategy.

Mr. Stapleton has no equitable interest in the Company's potential acquisition of the True North Copper projects announced this morning.