Ascendant Resources to Release Fourth Quarter and Year End 2017 Results on March 21, 2018 and Host Conference Call

TORONTO, March 08, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) ("Ascendant" or the "Company") announced today that it plans to release its fourth quarter and year end 2017 results after the market close on Wednesday, March 21, 2018. Management will host a conference call on Thursday, March 22, 2018 at 10:00 am EST to discuss both the operating and financial results.

Participants may join the call by dialing North America toll free 1-833-696-8362 or 1-612-979-9908 for calls outside Canada and the U.S., and entering the participant passcode 3399598.

A recorded playback of the fourth quarter and year end 2017 results call will be available from 1:00 pm EST on March 22, 2018 until 1:00 pm EST on April 21, 2018 by dialing 1-855-859-2056 or 1-404-537-3406 and entering the call back passcode 3399598.

About Ascendant Resources Inc.

Ascendant is a Toronto-based mining company focused on its 100%-owned producing El Mochito zinc, silver and lead mine in west-central Honduras, which has been in production since 1948. After acquiring the mine in December 2016, Ascendant implemented a rigorous optimization program aimed at restoring the historic potential of the El Mochito mine. In 2017, the Company successfully completed the operational turnaround it set out to achieve with sustained production at record levels and profitability restored. The Company now remains focused on cost reduction and further operational improvements to drive robust free cash flow in 2018 and beyond. Ascendant is also focused on expanding and upgrading known resources through extensive exploration work for near-term growth. With a significant land package of 11,000 hectares and an abundance of historical data there are several regional targets providing longer term exploration upside which could lead to further resource growth. The Company is also engaged in the evaluation of producing and development stage mineral resource opportunities, on an ongoing basis. The Company's common shares are principally listed on the Toronto Stock Exchange under the symbol "ASND". For more information on Ascendant Resources, please visit our website at www.ascendantresources.com.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Katherine Pryde
Director, Communications & Investor Relations
Tel: 888-723-7413
[email protected]