Source: McCarthy Tétrault LLP/S.E.N.C.R.L., s.r.l. - Montréal

Polygon Mining Opportunity Master Fund Updates Early Warning Report for Caza Gold Corp.

NEW YORK CITY, NEW YORK--(Marketwired - Dec. 6, 2016) - Polygon Mining Opportunity Master Fund ("Polygon") announces that on December 5, 2016, it entered into a lock-up agreement (the "Lock-up Agreement") with Royal Road Minerals Limited (the "Offeror") pursuant to which Polygon agreed to deposit the common shares that it owns in the capital of Caza Gold Corp. ("Caza") to a take-over bid to be made by the Offeror in accordance with a support agreement entered into between the Offeror and Caza (the "Support Agreement"). Pursuant to the Support Agreement, the Offeror will offer 0.16 of an ordinary share of the Offeror for each common share of Caza, subject to the satisfaction of certain conditions. The Lock-up Agreement can be terminated by Polygon in certain circumstances.

Polygon owns 109,502,499 common shares of Caza, representing approximately 77.50% of Caza's issued and outstanding common shares.

The head office of Caza is located at 301-700 West Pender Street, Vancouver, British Columbia, V6C 1G8.

This press release is issued in accordance with the early warning requirements under applicable Canadian securities laws as a result of a change in a material fact set out in a previous report. A copy of the early warning report required to be filed will appear with Caza's documents on the System for Electronic Document Analysis and Retrieval at www.sedar.com.

Contact Information:

For further information or to obtain a copy
of the related early warning report, please contact:
Michael Humphries
+44 20 7901 8300