Mr. Patrick Downey reports

OREZONE TO COMMENCE TRADING ON THE ASX UNDER TICKER "ORE"

Orezone Gold Corp. will commence trading on the Australian Securities Exchange on Aug. 8, 2025, at 11 a.m. Australian Eastern Standard Time. Shares of the company will trade on the ASX under the ticker ORE.

Patrick Downey, president and chief executive officer, stated: "The commencement of trading on the ASX marks an exciting milestone for the company. This secondary listing has already served to broaden our investor base into the very active Australian mining market, further enhancing the company's capital markets profile and trading liquidity.

"The proceeds from the IPO [initial public offering] that closed on Aug. 6 now enables Orezone to accelerate the Stage 2 hard-rock expansion at Bombore, which will increase the project's overall production profile to 220,000 to 250,000 ounces per annum. This production growth will be complemented by a continuing focus on exploration, with the goal of increasing the current stated five-million-ounce global resource base to a targeted seven to 10 million ounces longer term.

"I would like to thank the Orezone team and our advisers for their hard work and dedication through the listing process and successful outcome."

About Orezone Gold Corp.

Orezone Gold is a West African gold producer engaged in mining, developing and exploring its 90-per-cent-owned flagship Bombore gold mine in Burkina Faso. The Bombore mine achieved commercial production on its oxide operations on Dec. 1, 2022. Construction of the Stage 1 hard-rock expansion is well under way, with first gold expected in Q4 2025. Combined production from the oxide and Stage 1 hard-rock operations is forecasted to total between 170,000 and 185,000 ounces in 2026. The company is also advancing the Stage 2 hard-rock expansion, which is forecasted to increase annual production to between 220,000 and 250,000 ounces. Subject to final board approval, the Stage 2 hard-rock expansion will commence in the second half of 2025, with commissioning expected in Q4 2026.

The technical report, titled "Bombore Phase II Expansion, Definitive Feasibility Study," is available on SEDAR+ and the company's website.

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