An anonymous director of Nioko Resources reports

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

This news release is 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., a reporting issuer in each of the provinces and territories of Canada with a head office at Suite 450, 505 Burrard St., Vancouver, B.C., V7X 1M3.

On Aug. 8, 2024, the acquiror acquired ownership of 92,743,855 common shares issued from treasury at a price of 70 cents per acquired share for aggregate consideration of $64,920,698.50.

The acquired shares represent approximately 19.99 per cent of the common shares issued and outstanding on closing of the equity financing. Prior to closing of the equity financing, Nioko Resources did not beneficially own or control or have direction over, directly or indirectly, any securities of Orezone.

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, 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 at 226-70-21-70-04 or by e-mail at direction_generale@niokoresources.com. The report updates an early warning report that was filed by the acquiror on July 11, 2024.

About Nioko Resources Corp.

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

We seek Safe Harbor.