KMT Komet Resources Inc

Komet Resources inc. ("Komet" or the "Corporation") (TSX VENTURE:KMT) is pleased
to announce that it has obtained the conditional approval of the TSX Venture
Exchange (the "Exchange") in order to close the acquisition of the Guiro gold
mine announced on May 28, 2014.


The final approval of the Exchange is conditional to the filing of the following
documents:




--  A 43-101 technical report on the property; 
--  a 6-months budget following the closing, which shows that the
    Corporation has the necessary financial resources to maintain its
    properties and covers Phase 1 of the recommended work program; 
--  the Corporation's auditors analysis demonstrating that the transaction
    does not constitute a company acquisition in accordance with the IFRS; 
--  a legal opinion on the property titles; 
--  the final agreement, including the underlying agreements and documents; 
--  the final form 5C; and 
--  the payment of the balance of applicable rights. 



Komet is trying to file all the required documents with the Exchange in the
shortest possible time. Komet's management believes that the acquisition of the
Guiro gold mine will be completed within days following the filing of these
documents and acceptance by the Exchange.


More information about the corporation is available at: www.kometgold.com 

Forward-Looking Statements

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.


Outstanding shares: 40,255,047

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

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