Asante GOLD Announces Results of Annual General & Special Meeting of Shareholders
ASANTE GOLD ANNOUNCES RESULTS OF
ANNUAL GENERAL & SPECIAL MEETING OF SHAREHOLDERS
V ANCOUVER, British Columbia, October 22, 2025 – Asante Gold Corporation (TSXV: ASE | GSE:
ASG | OTCQX: ASGOF) (" Asante" or the " Company") is pleased to announce the results of its annual
general and special meeting of shareholders (the " Meeting") held yesterday, October 21, 2025. A total of
373,258,309 common shares of the Company (the "Common Shares") (representing approximately ~52%
of the outstanding Common S hares) were represented at the Meeting , with all matters presented for
approval by management being duly authorized and approved, including:
1. fixing the number of directors of the Company for the ensuing year at seven (7);
2. electing the directors of the Company for the ensuing year;
3. appointing the auditor of the Company for the ensuing year and authorizing the directors of the
Company to fix the remuneration of the auditor;
4. approving and ratifying the Company's omnibus equity incentive plan, and all unallocated options,
rights and entitlements thereunder (the "Omnibus Plan"); and
5. approving and ratifying the Company's employee share purchase plan (the "ESPP").
Detailed Voting Results:
Resolution Votes For Votes Against Votes Withheld
Fixing the Number of Directors
at Seven
373,256,704
(100.00%)
1,605
(0.00%) N/A
Appointment of Auditors 373,256,704
(100.00%) N/A 1,605
(0.00%)
Approval of Omnibus Equity
Incentive Plan and All Unallocated
Options, RSUs and DSUs under the
Omnibus Equity Incentive Plan
349,100,456
(99.68%)
1,117,932
(0.32%) N/A
Approval of Employee Share
Purchase Plan
320,412,590
(91.49%)
29,805,798
(8.51%) N/A
Detailed voting results regarding the election of directors are as follows:
Name Outcome of Vote Votes For Votes Withheld
Bashir Akwasi Ahmed Elected 281,855,663
(80.48%%)
68,362,725
(19.52%)
David Anthony Elected 327,736,313
(93.58%)
22,482,075
(6.42%)
Malik Easah Elected 350,217,663
(100.00%)
725
(0.00%)
Alex Heath Elected 251,935,036
(71.94%)
98,283,352
(28.06%)
Alireza Abbassi Monjezi Elected 281,846,525
(80.48%)
68,371,863
(19.52%)
Roger Norwich Elected 280,040,663
(79.96%)
70,177,725
(20.04%)
Alexander Smirnov Elected 259,365,175
(74.06%)
90,853,213
(25,94%)
Further details on the above matters are set forth in the Company's meeting materials, including the
management information circular dated September 18, 2025 (the " Circular"), are accessible under the
Company's issuer profile on SEDAR+ at www.sedarplus.ca. The Company has also filed a report of voting
results on all resolutions voted on at the Meeting on SEDAR+.
Security Based Compensation Plans
At the Meeting, shareholders approved the Om nibus Plan and the ESPP. The Omnibus Plan is a "rolling"
10% plan and provides for the grant of options, restricted share units, performance share units and deferred
share units. The ESPP is a "fixed" plan and provides for the issuance of up to 6,000,000 Common Shares
to eligible employees. The aggregate number of Common Shares reserved for issuance pursuant to the
Omnibus Plan, the ESPP and all other security -based compensation arrangements of the Company, at any
time, must not exceed 10% of the Company's total issued and outstanding Common Shares. For additional
information regarding the Omnibus Plan and the ESPP, please refer to the Circular , which is accessible
under the Company's issuer profile on SEDAR+ at www.sedarplus.ca.
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 Pr oject. 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 TSX V enture
Exchange and the Ghana 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
For further information, please contact:
Dave Anthony, President & CEO
Frederick Attakumah, Executive Vice President and Country Director
Tel: +1 604 661 9400 or +233 303 972 147
Email: [email protected]
LEI Number: 529900F9PV1G9S5YD446. Neither IIROC , the TSX Venture Exchange nor any stock
exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of
this release. No stock exchange, securities commission or other regulatory authority has approved or
disapproved the information contained herein.