Canadian Energy Materials Name Change to Gambier Gold Corp.

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Pursuant to a directors resolution dated Dec. 17, 2019, the company has changed its name as follows. There is no consolidation of capital.

Effective at the opening on Feb. 3, 2020, the common shares of Gambier Gold Corp. will commence trading on the TSX Venture Exchange and the common shares of Canadian Energy Materials Corp. will be delisted. The company is classified as a mineral exploration/development company.

Capitalization:  unlimited shares with no par value, of which 25,905,016 shares are issued and outstanding

Escrow:  nil

Transfer agent:  Computershare Trust Company of Canada

Trading symbol:  GGAU (new)

Cusip No.:  364603100 (new)

ON BEHALF OF THE BOARD

Michael E. Schuss

President & CEO

For further information, please contact:

Gambier Gold Corp.
Phone: (604) 241-2254
E-mail: info@gambier.gold

Website:  www.gambier.gold

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.