An anonymous director reports

ASANTE PROVIDES FINANCING UPDATE

Asante Gold Corp.' senior lenders under its senior facilities agreement and mezzanine facility agreement, its stream purchaser and its hedge counterparty, have agreed waivers and amendments to the company's financing arrangements, including extensions to two previously disclosed deadlines under its senior facilities agreement.

As previously disclosed, Asante was required to secure aggregate new financing of at least $100-million (U.S.), and to deliver a cost to complete certificate to its senior lenders, in each case by Sept. 30, 2026 (refer to news release dated Aug. 24, 2026). The company has agreed terms for this financing with Fujairah Holding LLC, which has requested additional time to complete its internal approval processes.

The lenders, stream purchaser and hedge counterparty have agreed to extend the financing deadline to Oct. 31, 2026, and the deadline for the cost to complete certificate to March 31, 2027.

The company continues to work closely with its lenders, stream partner and Fujairah as it advances a longer term financing solution.

Asante will continue to update the market as appropriate.

About Asante Gold Corp.

Asante Gold is a growing mid-tier gold producer, developer and explorer with a high-quality portfolio of assets located on two of West Africa's most prolific and prospective gold belts in Ghana.

We seek Safe Harbor.