Tembo Engages Global Financial Network Ltd.

Vancouver, British Columbia--(Newsfile Corp. - April 14, 2022) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") is pleased to announces that it has retained Global Financial Network Ltd. ("GFN") to provide investor relations and communication services. GFN is led by James West the founder and CEO of Midas Letter Financial Group Ltd., a Canadian investment and media enterprise that uses its financial media platform as a discovery investment tool for its subscribers, viewers, partners and clients. He is a 30-year veteran of capital markets and has written extensively as well as produced films on economics, commodities, and the global financial system.

The Engagement is for an initial 12-month term. GFN will assist the Company's efforts to grow investor awareness and exposure to retail and institutional investors, including by providing news dissemination and marketing services. The engagement, including a retainer of $15,000 per month is subject to TSX Venture Exchange approval. GFN does not currently have any interest, direct or indirect, in the Company or its securities.

About Tembo Gold Corp.

Tembo is a Canadian publicly listed mineral exploration company (TEM on the TSX Venture Exchange) with a 100% interest in the Tembo Gold Project. Tembo's focus is the discovery and development of gold projects in Africa. The Company has assembled a highly experienced team with a proven history of developing, financing, and operating mining projects in Africa. The Company's exploration strategy is to discover mineral resources as well as continue to look for additional opportunities that can bring value to the Company and shareholders.

On Behalf of the Board of Directors of Tembo,

David Scott
President & CEO
Phone: +255 767 366 146
Email: [email protected]

For more information please contact:

Simon Benstead
Director & VP Corporate Development
Phone: 604-685-9316
Email: [email protected]

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 NEWS RELEASE.

Cautionary Note Regarding Forward-Looking Statements

Certain information set out in this news release constitutes forward-looking information. Forward looking statements are often, but not always, identified by the use of words such as "seek", "anticipate; "plan", "continue; "estimate; "expect", "may, "will", "intend", "could", "might", "should", "believe" and similar expressions. This news release contains forward-looking statements, including, without limitation, the anticipated filing date for the Required Filings. Forward-looking statements are based upon the opinions and expectations of management of the Company as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. Readers are cautioned not to place undue reliance on forward-looking statements.

These forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include that the Company does not file its Required Filings by the anticipated date. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.

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