Newcore Gold

Ascendant Resources Receives Final Approval to Graduate to TSX

TORONTO, July 18, 2017 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX-V:ASND) (FRA:2D9) ("Ascendant" or the "Company") is pleased to announce that, further to a June 28, 2017 press release, it has received final approval from the Toronto Stock Exchange ("TSX") to graduate from the TSX Venture Exchange ("TSXV") and list its common shares ("Common Shares") and currently-listed common share purchase warrants (“Warrants”) on the TSX.

The Common Shares and Warrants will be listed and posted for trading on the TSX at the opening of markets on Thursday, July 20, 2017 under their existing symbols "ASND" and “ASND.WT”, respectively. In connection with the listing of the Common Shares and Warrants on the TSX, the last day of trading on the TSXV will be Wednesday, July 19, 2017 and the Common Shares and Warrants will be delisted from the TSXV on Thursday, July 20, 2017 upon commencement of trading on the TSX.

About Ascendant Resources

Ascendant Resources Inc. is a mining company focused on its producing El Mochito zinc, silver and lead mine in west-central Honduras in which the Company has a 100% interest. El Mochito has been in production since 1948. The Company evaluates producing and advanced development stage mineral resource acquisition opportunities in North, South and Central America, on an ongoing basis. The Company's common shares are principally listed on the TSX Venture Exchange under the symbol "ASND". For more information on Ascendant Resources, please visit our website at www.ascendantresources.com.

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