As requested by IIROC (Investment Industry Regulatory Organization of Canada)
and in accordance to the regulation in force, Komet Resources Inc. (TSX
VENTURE:KMT) confirm that there is no consideration decided and no terms or deal
are done concerning the property referred. There is no certainty if an agreement
will be concluded to acquire the property mentioned or any other property.


The Non-Disclosure Agreement and the Due Diligence that were mentioned in the
last press release have been signed to receive all information that the owners
have in their possession and to confirm as much as possible the data is valid.
Also, a Memorandum of Understanding, considered as a Non-Binding Letter of
Intention, was signed during Mr. Gagne presence in Africa to assure the seller
will wait until June 1st 2014 before the right to negotiate with any other
party.


The Memorandum of Understanding states that:



--  The seller will sell all and only assets, including the production
    permit and mining equipment 
--  The buyer will reimburse in totality two loans contracted in two
    different banks in Burkina Faso 
--  The buyer will reimburse all debts to any Burkina Faso Government's
    agencies/authorities 
--  The projected maximum price is 8 million Canadian dollars minus all
    debts/charges/taxes/fees/royalties including all future reclamations 
--  The seller will receive 1.2% of gold sale over the market price of
    1300$CAN/once up to the price minus charges as explained previously 
--  The sale needs to be approved by Komet Resources' Board 
--  The MOU is valid until June 1st, 2014



A Burkina Faso private company is the owner of the permit which operated, until
July 2013, a small scale mine (according to the regulation in force in Burkina
Faso should be 100 ton per day and less). There was a feasibility study released
in 1997 by European Mining Finance but not in compliance with 43-101 National
Instrument. 


The next steps will be the finalization of the Due Diligence, the complete study
of the project by a Qualified Person (QP) and the Board's approbation.


Finally, Komet will open a permanent office in Burkina Faso Capital city,
Ouagadougou, as soon as we find an adequate place to do so.


More information is available at: www.kometgold.com

Neither TSX Venture Exchange nor the regulatory service provider (as the term is
defined in TSX Venture Exchange's policies) accepts any liability of any kind as
to the authenticity or accuracy of this release. This press release contains
statements that may constitute "forward-looking information" or "forward-looking
statements" as set out within the context of security law. This forward-looking
information is subject to many risks and uncertainties, some of which are beyond
Komet Inc.'s ("Komet") control. The actual results or conclusions may differ
considerably from those that have been set out, or intimated, in this
forward-looking information. There are many factors which may cause such
disparity, especially the instability of metal market prices, the results of
fluctuations in foreign currency exchange rates or in interest rates, poorly
estimated reserves, environmental risks (stricter regulations), unforeseen
geological situations, unfavorable extraction conditions, political risks
brought on by mining in developing countries, regulatory and governmental policy
changes (laws and policies), failure to obtain the requisite permits and
approvals from government bodies, or any other risk relating to mining and
development. There is no guarantee that the circumstances anticipated in this
forward-looking information will occur, or if they do occur, how they will
benefit Komet. The forward-looking information is based on the estimates and
opinions of Komet's management at the time of the publication of the information
and Komet does not assume any obligation to make public updates or modifications
to any of the forward-looking statements, whether as a result of new
information, future events, or any other cause, except if it is required by
securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Investors relations and informations:
Andre Gagne, President and CEO
581-300-1666
a.gagne@kometgold.com
Skype : andregagne11
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