Orezone Announces Shareholder Meeting Results and Grant of Stock Options

OTTAWA, June23, 2017(GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSXV:ORE) is pleased to announce that all of the resolutions were passed at the annual and special meeting of shareholders held on June 21, 2017 including the re-election of the directors Joseph Conway, Patrick Downey, Michael Halvorson, Keith Peck and Ronald Batt as well as the re-approval of the 2016 Stock Option plan and Deloitte LLP being appointed auditors for the fiscal year ending December 31, 2017.

In accordance with the Company's Stock Option Plan the Company has granted certain employees, executives and directors stock options to purchase up to an aggregate of 4,850,000 common shares, exercisable on or before June 23, 2027 at a strike price of $0.78 per common share.

About Orezone Gold Corporation

Orezone is a Canadian company with a successful gold discovery track record and recent mine development experience in Burkina Faso, West Africa. The Company owns a 90% interest in Bombor?(C), a fully permitted, undeveloped oxide gold deposit in West Africa, which is situated 85 km east of the capital city, adjacent to an international highway.

Additional information on Orezone Gold can be found at www.orezone.com and www.sedar.com.

For further information please contact Orezone at (613) 241?EUR'3699 or Toll Free: (888) 673?EUR'0663

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