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AAUC.TO ·

Allied GOLD to Commence Trading ON the New York Stock Exchange

Listings & Exchange

NEWS RELEASE

ALLIED GOLD TO COMMENCE TRADING ON THE NEW YORK STOCK EXCHANGE

TORONTO, ON – June 2, 2025 – Allied Gold Corporation (TSX: AAUC, OTCQX: AAUCF) (“ Allied” or the

“Company), a Canadian-based gold producer with a diversified portfolio of assets in Africa, is pleased to

announce that its common shares have been approved for listing on the New York Stock Exchange ( the

“NYSE”). Trading on the NYSE is expected to commence at market open on Monday, June 9, 2025, under

the ticker symbol “AAUC”. The Company’s shares will continue to trade on the Toronto Stock Exchange

under the same ticker symbol.

The listing on the NYSE represents a significant milestone for Allied, reflecting the continued growth of its

business. The Company believes that listing on the NYSE will provide it with, among other things, access

to a broader investor audience, increased sources of potential capital, improved trading liquidity in Allied's

common shares, and increased research coverage from U.S. investment banks. Finally, the listing is

expected to provide the opportunity for broader index inclusion.

Concurrent with the start of trading on the NYSE, the Company’s common shares will cease trading on the

OTCQX market. Shareholders are not required to take any action.

About Allied Gold Corporation

Allied Gold is a Canadian-based gold producer with a significant growth profile and mineral endowment.

It operates a portfolio of three producing assets and development projects located in Côte d'Ivoire, Mali,

and Ethiopia. Led by a team of mining executives with operational and development experience and

proven success in creating value, Allied Gold aspires to become a mid-tier, next-generation gold producer

in Africa and, ultimately, a leading senior global gold producer .

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]

www.alliedgold.com

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, b ut not limited to, the Company’s statements relating to the listing and trading of the

Company’s Common Shares on the NYSE and the potential benefits related thereto, the timing of first gold

production at the Kurmuk gold project and the Company’s aspirati on to become a mid -tier, next-generation gold

producer in Africa and, ultimately, a leading senior global gold producer. Forward -looking statements are

NEWS RELEASE

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characterized by words such as “may”, “plan”, “expect”, “intend”, “believe”, “anticipate” 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 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 unknown factors that could cau se actual events or results to differ materially

from those projected in the forward -looking information, including uncertainties related to, without limitation,

changes in general economic, business and political conditions, including changes in the financial markets. 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 obligation 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.