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To: Goose94 who wrote (4394)	1/24/2014 12:41:11 PM
From: Goose94	Respond to of 203028

SCA-V active

To: Goose94 who wrote (4394)	2/24/2014 6:37:19 PM
From: Goose94	Read Replies (1) \| Respond to of 203028

Savary Gold (SCA-V) Feb 24, '14 has closed its previously announced non-brokered private placement financing for total gross proceeds of $1,350,000 pursuant to which Savary has issued 27,000,000 Units at a price of $0.05 per Unit (the “Offering”). Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to acquire one common share of the Company at an exercise price of $0.07 per common share until February 24, 2017. Savary plans to use the proceeds from the financing to fund an approximately $1.1 million drill program on the Houndé South project in Burkina Faso and for general corporate purposes. The common shares and the common shares issuable upon the exercise of the Warrants are subject to a four month and one day hold period under applicable Canadian securities laws. Closing of the Offering remains subject to receipt of all applicable regulatory approvals, including final approval of the TSX Venture Exchange. Don Dudek, President and CEO stated “The response to Savary’s exploration plan and marketing have been excellent. We have a strong story, which additional groups will now follow. Our plan is to commence drilling at the beginning of March with a focus on the felsic intrusion-hosted Karangosso zone where previous drilling, in two reverse circulation holes, returned 10.14 g/t gold over 10.0 metres, 5.77 g/t gold over 8.0 metres and 1.82 g/t gold over 7.0 metres.” In connection with the Offering, Savary will pay cash finders’ fees totaling approximately $22,000. About Savary Gold Savary Gold is a Canadian exploration company focused on exploring the Houndé South Gold Property in Burkina Faso. The property is in the Birimian age Houndé Greenstone Belt, which hosts Semafo’s Mana mine and additional gold deposits that are presently subject to extensive exploration efforts (including Endeavour Mining’s Houndé Project and Sarama’s South Houndé Project, which is adjacent to Savary Gold’s property). For additional information please visit our website at www.savarygold.com and follow us on Facebook and Twitter: @SavaryGold. Don Dudek, P.Geo., President and CEO of the Company and a qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release. SAVARY GOLD CORP. On behalf of the Board “Don Dudek” President & Chief Executive Officer For more information, please contact: Michael McAllister, Manager, Investor Relations T: 416-309-2134 E: info@savarygold.com<;/a> www.savarygold.com