Toubani Resources Inc. Hires Investor Relations Consultant

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TORONTO, Sept. 15, 2022 (GLOBE NEWSWIRE) — Toubani Resources Inc (TSX-V: TRE, OTC: AGGFF, FRA: 3A61) (“TRE“or the”Company”) announces that, subject to obtaining final approval from the TSX Venture Exchange (the “TSXV“), it retained Jane Morgan Management Pty Ltd. (the “Consultant“), an Australian consultancy firm, to provide investor and media relations services on a non-exclusive basis (the “Consulting Agreement”). The purpose of the advisory agreement is to raise awareness of the company within the global investment community.

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Danny Callow, Chairman and CEO of Toubani Resources Inc, comments:
“We are delighted to have Jane Morgan Management on board who brings impressive experience in investor relations activities in Australia and the Far East. As we transition to a dual listing on the ASX, a partnership with a company of the caliber of Jane Morgan Management is essential in helping us communicate our very exciting story to a wider audience.We look forward to the networking and marketing opportunities that Jane Morgan Management will create and believe this is a another positive step in the strategic direction of our company.

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The consultant has been engaged at a rate of CA$7,500 per month for an initial period of three months, after which the rate will be reviewed. The Consulting Agreement is for an initial term of three months which thereafter will automatically extend month-to-month, unless earlier terminated at any time by either party with 30 days written notice. Neither the Consultant nor any of its directors, officers or employees have any interest, directly or indirectly, in the Company or its securities, nor any right or intention to acquire such interest.

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Please contact Daniyal Baizak at the email address listed below or the phone number provided if you have any questions about the Consulting Agreement.

About Toubani Resources Inc.

Toubani Resources is a TSX Venture Exchange (TSX-V: TRE) listed exploration and development company focused on building Africa’s next mid-tier gold producer. The company has a highly experienced board and management team with a proven track record in the African mining sector operating mines from development to production.

Toubani Resource’s main asset is the Kobada project in southern Mali, which is at an advanced stage of development having completed a definitive feasibility study in 2021. For more information on Toubani Resources, visit our website at www.toubaniresources.com.

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For more information:

Danny Callow
President and CEO
+ (27) 76 411 3803
Danny.Callow@toubaniresources.com

Daniel Baizak
Vice President, Corporate Development
+1 (647) 835 9617
Dbaizak@toubaniresources.com

Warnings

This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding the completion of the consulting agreement, the receipt of regulatory approvals, the estimated completion time of the consulting agreement, the estimated duration of the consultation agreement, the expansion of mineral resources and reserves and the Company’s drilling and exploration plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is planned”, “budget”, “expects”, “estimates”, “plans”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or statements that certain actions, events or results “could”, “could”, “would”, “could” or “will be taken”, “will occur” or “will be carried out”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, level of activity, performance or achievements of AGG to differ materially from those expressed or implied by such forward-looking information, including but not limited to: receipt of necessary approvals from the TSX-V and Canadian regulatory authorities; general business, economic, competitive, political and social uncertainties; future prices of mineral prices; accidents, labor disputes and shortages; infrastructure and supplies available; the COVID-19 pandemic and other mining industry risks. Although AGG has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. . There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. AGG does not undertake to update forward-looking information except in accordance with applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS ITS TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE .

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