Mr. James Currie reports

ASCOT PROVIDES UPDATE ON BOARD OF DIRECTORS

Coille Van Alphen has resigned from the board of directors of Ascot Resources Ltd.

About Ascot Resources Ltd.

Ascot is a Canadian junior exploration and development company focused on restarting the past-producing Premier gold mine, located on Nisga'a Nation treaty lands, in British Columbia's prolific Golden Triangle. Concurrent with progressing the development of Premier, the company continues to explore its properties for additional high-grade underground resources. Ascot is committed to the safe and responsible development of Premier in collaboration with Nisga'a Nation, as outlined in the benefits agreement.