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Asante Announces Filing of Meeting Materials FOR Annual General Meeting of Shareholders

Shareholder Meetings

ASANTE ANNOUNCES FILING OF MEETING MATERIALS

FOR ANNUAL GENERAL MEETING OF SHAREHOLDERS

Vancouver, British Columbia, April 2, 2024 – Asante Gold Corporation (CSE:ASE | GSE:ASG |

FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) is pleased to announce that it has

filed all Meeting materials in advance of its Annual General Meeting of Shareholders. Meeting materials

can be found on the Company’s website: https://www.asantegold.com/annual-meetings , and on SEDAR+

at www.sedarplus.ca.

The Meeting

Asante’s Annual General Meeting of Shareholders will be held on Tuesday, April 23, 2024, at 10:00 a.m.

(Toronto time), at 100 King Street West, Suite 3400, Toronto, Ontario, Canada, M5X 1A4, for the following

purposes:

• To receive the audited consolidated financial statements of the Company for the financial year ended

January 31, 2023, together with the report of the auditor thereon, and the interim consolidated

financial statements for the nine-month period ended October 31, 2023;

• To fix the number of directors of the Company for the ensuing year at nine (9);

• To elect directors of the Company;

• To appoint the auditor of the Company for the ensuing year and to authorize the directors of the

Company to fix the remuneration of the auditor; and

• To transact such other business as may properly be brought before the Meeting or any

adjournment or postponement thereof.

Full details of matters to be voted on at the Meeting can be found in the Management Information Circular.

Who Can Vote

The Company has set March 13, 2024, as the Record Date for determining shareholders entitled to receive

notice of and vote at the Meeting.

How to Vote

The Board recommends that shareholders vote FOR all management resolutions. VOTE YOUR SHARES

WELL IN ADVANCE OF THE PROXY DEADLINE APRIL 19, 2024, AT 10:00 AM TORONTO

TIME.

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Voting Method Registered Shareholders

If your shares are held in your name and

represented by a physical certificate or DRS

Beneficial Shareholders

If your shares are held with a

broker, bank, or other

intermediary

Internet @

www.investorvote.com

www.proxyvote.com

Telephone

1-866-732-VOTE (8683)

Call the toll-free listed on

your voting instruction form

and vote using the control

number provided therein. *

Mail

Complete, date and sign Management’s form of

proxy and return it in the enclosed postage paid

envelope to:

Computershare Investor Services Inc.

100 University Avenue

8th Floor, North Tower

Toronto, Ontario, M5J 2Y1

Complete, date and sign the

voting instruction form and

return it in the enclosed

postage paid envelope.

*Asante will be utilizing Broadridge Financial Solutions’ QuickVote TM service. Eligible Beneficial

shareholders may conveniently have their vote taken over the telephone by contacting Laurel Hill Advisory

Group at the contact below.

Shareholder Questions and Voting Assistance

For further assistance, shareholders may contact Asante’s proxy solicitation agent:

Laurel Hill Advisory Group

North American Toll Free: 1-877-452-7184 (416-304-0211 outside North America)

Email: [email protected].

About Asante Gold Corporation

Asante is a gold exploration, development and operating company with a high-quality portfolio of projects

and mines in Ghana. Asante is currently operating the Bibiani and Chirano Gold Mines and continues with

detailed technical studies at its Kubi Gold Project. All mines and exploration projects are located on the

prolific Bibiani and Ashanti Gold Belts. Asante has an experienced and skilled team of mine finders,

builders and operators, with extensive experience in Ghana. The Company is listed on the Canadian

Securities Exchange, the Ghana Stock Exchange and the Frankfurt Stock Exchange. Asante is also

exploring its Keyhole, Fahiakoba and Betenase projects for new discoveries, all adjoining or along strike

of major gold mines near the centre of Ghana’s Golden Triangle. Additional information is available on the

Company’s website at www.asantegold.com.

About the Bibiani Gold Mine

Bibiani is an operating open pit gold mine situated in the Western North Region of Ghana, with previous

gold production of more than 4.5 million ounces. It is fully permitted with available mining and processing

infrastructure on-site consisting of a newly refurbished 3 million tonne per annum process plant and existing

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mining infrastructure. Asante commenced mining at Bibiani in late February 2022 with the first gold pour

announced on July 7, 2022. Commercial production was announced November 10, 2022.

For additional information relating to the mineral resource and mineral reserve estimates for the Bibiani

Gold Mine, please refer to Asante’s press releases dated July 18, 2022 and September 1, 2022 and the

technical report filed on its SEDAR profile (www.sedarplus.ca) on September 1, 2022.

About the Chirano Gold Mine

Chirano is an operating open pit and underground mine located in the Western Region of Ghana,

immediately south of the Company’s Bibiani Gold Mine . Chirano was first explored and developed in

1996 and began production in October 2005. The mine comprises the Akwaaba, Suraw, Akoti South, Akoti

North, Akoti Extended, Paboase, Tano, Obra South, Obra, Sariehu and Mamnao open pits and the Akwaaba

and Paboase underground mines.

For additional information relating to the mineral resource and mineral reserve estimates for the Chirano

Gold Mine, please refer to Asante’s press releases dated October 15, 2022 and May 15, 2023 and the

technical report filed on its SEDAR profile (www.sedarplus.ca).

For further information please contact:

Dave Anthony, President & CEO

Frederick Attakumah, Executive Vice President and Country Director

[email protected]

+1 604 661 9400 or +233 303 972 147

Cautionary Statement on Forward-Looking Statements

Certain statements in this news release constitute forward-looking statements, including but not limited to,

production and all-in sustaining costs forecasts for the Bibiani and Chirano Gold Mines, estimated mineral

resources, reserves, exploration results and potential, development programs and increases in mine- life,

starter pit development and potential synergies between Chirano and Bibiani. Forward-looking statements

involve risks, uncertainties and other factors that could cause actual results, perform ance, prospects, and

opportunities to differ materially from those expressed or implied by such forward- looking statements.

Factors that could cause actual results to differ materially from these forward -looking statements include,

but are not limited to, variations in the nature, quality and quantity of any mineral deposits that may be

located, the Company’s inability to obtain any necessary permits, consents or authorizations required for

its planned activities, the Company’s inability to raise the necessary capital or to be fully able to implement

its business strategies, and the price of gold. The reader is referred to the Company’s public disclosure

record which is available on SEDAR ( www.sedarplus.ca). Although the Company believes that the

assumptions and factors used in preparing the forward -looking statements are reasonable, undue reliance

should not be placed on these statements, which only apply as of the date of this news release, and no

assurance can be given that such events will occur in the disclosed time frames or at all. Except as required

by securities laws and the policies of the securities exchanges on which the Company is listed, the Company

disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result

of new information, future events or otherwise.

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LEI Number: 529900F9PV1G9S5YD446. Neither IIROC nor any stock exchange or other securities

regulatory authority accepts responsibility for the adequacy or accuracy of this release.