Mr. Mohamed Cisse reports

AVANTI GOLD ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING

Avanti Gold Corp. has released the results of the company's annual general and special meeting of shareholders held Oct. 23, 2026.

Election of directors

At the AGSM, shareholders elected Matthieu Bos, George Bennett, Eric Zurrin, Terrence Holohan and Martin Pawlitschek as directors of the company to hold office until the next annual meeting of shareholders or until their successors are elected or appointed. Immediately following the AGSM, the board appointed Mr. Bos as chairman of the board. The company will file a personal information form (Canadian Securities Exchange Form 3) with the Canadian Securities Exchange for each new director of the company, as applicable.

Mr. Bos was appointed as chairman of the board, Mr. Bos spent eight years at Ivanhoe Mines as executive vice-president, Africa, with responsibility spanning the Kamoa-Kakula copper project in the Democratic Republic of the Congo, and was involved in securing approximately $3-billion (U.S.) of project and strategic financing, including from Zijin Mining and Citic Metal. Prior to Ivanhoe Mines, he worked at BMO Capital Markets. He is currently chief executive officer of Falcon Energy Materials and independent director of Hercules Metals and SRQ Resources.

Resignations

The company wishes to thank Sir Samuel Jonah, David Renner, Mata Botima and Jonathan Hill for their past services as directors and officers for the company. Each of the four noted directors did not stand for re-election at the AGSM, and the company wishes to note its appreciation for their dedicated service and the meaningful contributions made to the company during their respective terms.

Shareholder rights plan

At the AGSM, the shareholders passed with all requisite majorities, the resolution set out in the company's information circular dated Sept. 23, 2026, approving the company's shareholder rights plan dated Aug. 5, 2026. The full text of the shareholder rights plan approved by the shareholders is available under the company's profile on SEDAR+ and on the company's website.

Other items approved at the meeting

1. Number of directors -- shareholders approved setting the number of directors at five.
2. Appointment of auditor -- WDM Chartered Professional Accountants was appointed as auditor of the company for the ensuing year, and the directors were authorized to fix its remuneration.

About Avanti Gold Corp.

Avanti Gold is a gold exploration company focused on advancing its flagship Misisi project in the Democratic Republic of the Congo, home to the high-grade Akyanga gold deposit. The Akyanga deposit has an inferred mineral resource of 40.8 million tonnes at an average gold grade of 2.37 grams per tonne totalling 3.11 million ounces of gold. The Misisi project spans three contiguous 30-year mining leases covering 133 square kilometres along the 55-kilometre-long Kibara gold belt, a prominent metallogenic province known for hosting significant gold deposits. A 42,000-metre drill program, the largest in the project's history, is now under way with the objective of increasing gold resources in advance of a preliminary economic assessment.

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