Allied GOLD to Commence Trading ON OTCQX Exchange
NEWS RELEASE
ALLIED GOLD TO COMMENCE TRADING ON OTCQX EXCHANGE
TORONTO, ON – September 9, 2024 ─ Allied Gold Corporation ("Allied" or the "Company")
(TSX: AAUC) (OTCQX: AAUCF) is pleased to announce that its common shares will commence
trading today on the OTCQX Best Market under the ticker symbol of AAUCF. The OTCQX Best
Market is the highest market tier of OTC Markets on which 1 2,000 U.S. and global securities
trade. Trading on OTCQX is expected to enhance the visibility and accessibility of the Company
to U.S. investors. Allied’s common shares will continue to trade on the T oronto Stock Exchange
under the symbol AAUC.
The OTCQX Best Market provides value and convenience to U.S. investors, brokers and
institutions seeking to trade AAUCF. The OTCQX Best Market is OTC Markets Group's premier
market for established, investor -focused U.S. and international companies. To be eligible,
companies must meet high financial standards, follow best practice corporate governance,
demonstrate compliance with applicable securities laws, be current in their disclosure, and have
a professional third-party sponsor introduction.
"We are pleased to start trading on OTCQX which will allow a broader set of shareholders to
invest in Allied Gold, while improving trading liquidity and unlocking value" said Peter Marrone,
Chairman and CEO of Allied Gold.
About Allied Gold Corporation
Allied Gold is a Canadian -based gold producer with a significant growth profile and mineral
endowment which operates a portfolio of three producing assets and development projects
located in Côte d'Ivoire, Mali, and Ethiopia. Led by a team of mining execut ives with operational
and development experience and proven success in creating value, Allied Gold is progressing
through exploration, construction and operational enhancements to become a mid -tier next
generation gold producer in Africa and ultimately a leading senior global gold producer.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION AND STATEMENTS
This press release contains "forward -looking information" under applicable Canadian securities legislation. Except for statements of
historical fact relating to the Company, information contained herein constitutes forward-looking information, including, but not limited
to, any information as to the Company's strategy, objectives, plans or future financial or operating performance. Forward -looking
statements are characterized by words such as "plan", "expect", "budget", "target", "project", "intend", "believe", "anticipate", "estimate"
and other similar words or negative versions thereof, or statements that certain events or conditions "may", "will", "should", "would" or
"could" occur. Forward-looking information included in this press release includes, without limitation, statements with respect to the
expectation that trading on the OTCQX will enhance the visibility and accessibility of the Company to U.S. investors, and the
expectation that the Company will become a mid -tier next generation gold producer i n Africa and ultimately a leading senior gold
producer. Forward-looking information is based on the opinions, assumptions and estimates of management considered reasonable
at the date the statements are made, and is inherently subject to a variety of risks and uncertainties and other known and un known
factors that could cause actual events or results to differ materially from those projected in the forward -looking information. These
factors include, without limitation, fluctuating price of gold; risks relat ing to the exploration, development and operation of mineral
properties; risks relating to operating in emerging markets, particularly Africa, including risk of government expropriation or
nationalization of mining operations; risks related to the Company’s proposed alternative financing initiatives not being; health, safety
and environmental risks and hazards to which the Company's operations are subject; the Company's ability to maintain or incre ase
present level of gold production; the Company’s ability to execute on its expansion and optimization plans; counterparty, credit, liquidity
and interest rate risks and access to financing; increases in costs of production, such as fuel, steel, power, labour and oth er
consumables; uncertainty in the estimation of Mineral Reserves and Mineral Resources; the Company's ability to replace and expand
Mineral Resources and Mineral Reserves, as applicable, at its mines; factors that may affect the Company's future production
estimates; risks relating to the development, construction and start -up of new mines ; title disputes or claims; risks relating to the
termination of mining rights; risks related to enforcing legal rights in foreign jurisdictions; competition in the precious m etals mining
- 2 -
industry; risks related to the Company's ability to service its debt obligations; the impact of global financial, economic an d political
conditions, global liquidity, interest rates, inflation and other factors on the Company's results of operations and ma rket price of
common shares; risks associated with financial projections; force majeure events and the Company's dependence on key
management personnel and executives.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially
from those described in forward -looking information, there may be other factors that could cause actions, events or results to not be
as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements. The Company undertakes no obliga tion to
update forward-looking information if circumstances or management's estimates, assumptions or opinions should change, except as
required by applicable law. The reader is cautioned not to place undue reliance on forward -looking information. The forward-looking
information contained herein is presented for the purpose of assisting investors in understanding the Company's plans, objectives and
expectations discussed herein and may not be appropriate for other purposes.
For further information, please contact:
Allied Gold Corporation
Royal Bank Plaza, North Tower
200 Bay Street, Suite 2200
Toronto, Ontario M5J 2J3 Canada
Email: [email protected]