An anonymous director reports

NIOKO RESOURCES FILES EARLY WARNING REPORT IN RESPECT OF OREZONE GOLD CORPORATION

This news release has been issued by Nioko Resources Corp. pursuant to the early warning requirements of Canada's National Instrument 62-104 and National Instrument 62-103 with respect to common shares of Orezone Gold Corp.

On April 2, 2025, the acquiror acquired ownership of 10,719,659 common shares issued from treasury at a price of 82 cents per acquired share for aggregate consideration of $8,790,121.38.

The acquired shares represent approximately 2.0 per cent of the common shares issued and outstanding on closing of the equity financing. Prior to closing of the equity financing, Nioko Resources had beneficial ownership, control or direction over, directly or indirectly, 92,743,855 common shares. The total holdings in the common shares of Orezone held by the acquiror postclosing of the equity financing will represent approximately 19.6 per cent of the issued and outstanding common shares.

The acquiror acquired the acquired shares for investment purposes. Depending on market and other conditions, the acquiror may increase or decrease its beneficial ownership, control or direction over common shares through market transactions, private agreements, treasury issuances, and exercise of options, warrants, convertible securities or otherwise, in each case as investment conditions warrant.

An early warning report disclosing the acquisition of the beneficial ownership of the acquired shares under the equity financing will be filed on Orezone's SEDAR+ profile and can be obtained from Nioko Resources, Ouagadougou, Secteur 54, Parcelle 02, Lot 17, Section 281(I), S/C 01 BP 2061, Ouagadougou 01, Burkina Faso, attention: director general, by phone: 226-70-21-70-04 or by e-mail: direction_generale@niokoresources.com.

About Nioko Resources Corp.

Nioko Resources is a West African investment group focused on regional growth.

We seek Safe Harbor.