Asante Provides Further Update ON Upcoming Shareholder Meeting and the Availability of Proxy Materials
ASANTE PROVIDES FURTHER UPDATE ON UPCOMING
SHAREHOLDER MEETING AND THE AVAILABILITY
OF PROXY MATERIALS
• Your vote is important no matter how many Asante shares you hold.
• The Board of Directors of Asante recommends that shareholders vote FOR ALL resolutions.
• For assistance in voting, please contact Laurel Hill Advisory Group by phone at 1-877-452-7184 (North
American toll-free) or 1-416-304-0211 (outside North America), or by email at [email protected]
VANCOUVER, British Columbia, October 15, 2025 – Asante Gold Corporation (TSXV: ASE | GSE:
ASG | OTCQX: ASGOF) ("Asante" or the "Company") wishes to remind shareholders that, in light of the
suspension of all postal service in Canada by Canada Post as a result of a labour action commenced by the
Canadian Union of Postal Workers that commenced on September 25, 2025 (the "Strike"), all proxy-related
materials for the upcoming meeting of shareholders (the " Meeting") have been filed on SEDAR+
(www.sedarplus.ca) under the Company's issuer profile and have also been posted to the Company's website
(www.asantegold.com/annual-meetings). Certain key information in respect of the Meeting is as follows:
Date, Time and Location of the Meeting
• Date and Time: The Meeting will be held on Tuesday, October 21, 2025, at 10:00 a.m. (Toronto time).
• Location: In person at 100 King Street West, Suite 3400, Toronto, Ontario, Canada, M5X 1A4.
Matters to be Voted on at the Meeting
In addition to receiving the Company's audited consolidated financial statements for the financial years
ended January 31, 2025 and 2024, together with related auditor's report thereon, shareholders will be invited
to vote on the following matters at the Meeting:
1. to fix the number of directors of the Company for the ensuing year at seven (7);
2. to elect directors of the Company for the ensuing year;
3. 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;
4. to consider, and, if deemed advisable, to pass, with or without variation, an ordinary resolution of
shareholders approving and ratifying the Company's omnibus equity incentive plan, and all unallocated
options, rights and entitlements thereunder;
5. to consider, and if deemed advisable, to pass, with or without variation, an ordinary resolution of
shareholders approving and ratifying the Company's employee share purchase plan; and
6. to transact such other business as may properly be brought before the Meeting or any adjournment or
postponement thereof.
Access to Documents
Due to the ongoing Strike, there is some uncertainty regarding the Company's ability to
deliver all proxy-related materials to shareholders residing in Canada in advance of the
Meeting. Accordingly, the Company encourages shareholders to access the form of proxy,
voting instruction form, management information circular and other proxy-related documents
(collectively, the "Meeting Materials") electronically on SEDAR+ (www.sedarplus.ca)
under the Company's issuer profile and on the Company's website (www.asantegold.com/annual-meetings
or by scanning the QR code above). The Strike is not expected to impact the delivery of Meeting Materials
by courier to non-Canadian shareholders. The Company encourages all shareholders to review these
Meeting Materials.
Shareholders may also access copies of the Company's financial statements for the years ended January 31,
2025 and 2024 and the related management's discussion and analysis, electronically on SEDAR+
(www.sedarplus.ca) under the Company's issuer profile and on the Company's website
(www.asantegold.com/annual-meetings or by scanning the QR code above).
Instructions for Registered Shareholders
If your common shares of Asante (the " Shares") are represented by a physical certificate or direct
registration system advice, you may vote your Shares as follows:
• Internet: To vote your Shares through the internet, go to www.investorvote.com and enter the 15-digit
control number printed on your form of proxy and follow the instructions on the screen.
• Telephone: To vote your Shares by telephone, call 1-866-732-8683 (toll free).
• Proxy: To vote your Shares by proxy, you must complete, date and sign a form of proxy and return it
by hand, by courier (other than Canada Post) or by fax to Computershare Investor Services Inc., in
accordance with the instructions set out in the form of proxy. Shareholders voting by proxy must do so
no later than Friday, October 17, 2025, at 10:00 a.m. (Toronto time); provided, however, that the
Company will waive such proxy cut-off time and accept votes submitted by proxy thereafter as and to
the extent required by Coordinated Blanket Order 51-932 (as defined below).
Instructions for Beneficial Shareholders
If your Shares are held by or registered in the name of a bank, trust company, securities dealer or broker,
trustee, clearing agency or other similar intermediary, please contact such intermediary and follow their
instructions to ensure your Shares are properly voted at the Meeting.
Assistance
For assistance in obtaining control numbers and submitting votes or to request copies of any Meeting
Materials, shareholders may contact the Company's proxy solicitation agent, Laurel Hill Advisory Group,
at 1-877-452-7184 toll-free in North America, or call collect outside North America at 416-304-0211 or by
email at [email protected].
Shareholder may also request assistance or copies of Meeting Materials by contacting Computershare
Investor Services Inc., the Company's transfer agent and registrar, by email at [email protected]
or by telephone at 1-800-564-6253.
The Meeting will be held on October 21, 2025, and votes must be submitted by 10:00 a.m. (Toronto time)
on Friday, October 17, 2025; provided, however, that the Company will waive such proxy cut-off time and
accept votes submitted by proxy thereafter as and to the extent required by Coordinated Blanket Order 51-
932.
Exemption
The Company has satisfied all of the conditions to rely, and is relying, on the exemption from the requirement
to send proxy -related materials in the Canadian Securities Administrators' Coordinated Blanket Order 51 -
932 ("Coordinated Blanket Order 51-932").
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]
Cautionary Statement on Forward-Looking Statements
Certain statements in this news release constitute forward -looking statements or forward-looking
information. All statements, other than statements of historical fact, are forward -looking statements or
information. Forward -looking statements or information in this news release relate to, among other
things: the timing of the Meeting, the Company's ability to deliver Meeting Materials to non -Canadian
holders, and the Strike impacting the delivery of Meeting Materials. These forward -looking statements
and information reflect the Company's current views with respect to future events and are necessarily
based upon a number of assumptions that, while considered reasonable by the Company, are inherently
subject to significant operational, business, economic and regulatory uncertainties and contingencies.
These assumptions include: the impact of inflation and disruptions to the global, regional and local
supply chains; tonnage of mineralized material to be mined and processed; future anticipated prices for
gold and assumed foreign exchange rates; the timing and impact of planned capital expenditure projects,
including anticipated sustaining, project, and exploration expenditures; risks related to increased barriers
to trade, including tariffs and duties; ore grades a nd recoveries; capital, decommissioning and
reclamation estimates; our mineral reserve and mineral resource estimates and the assumptions upon
which they are based; prices for energy inputs, labour, materials, supplies and services (including
transportation); no labour -related disruptions at any of our operations; no unplanned delays or
interruptions in scheduled production; all necessary permits, licenses and regulatory approvals for our
operations are received in a timely manner; our ability to secure and maintain title and ownership to
mineral properties and the surface rights necessary for our operations, including contractual rights from
third parties and adjacent property owners; whether the Company is able to maintain a strong financial
condition and have sufficient capital, or have access to capital, to sustain our business and operations;
and our ability to comply with environmental, health and safety laws. The foregoing list of assumptions
is not exhaustive.
Forward-looking statements involve risks, uncertainties and other factors that could cause actual results,
performance, 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, the duration and effect of local and world-
wide inflationary pressures and the potential for economic recessions; fluctuations in the price of gold;
fluctuations in currency markets; operational risks and hazards inherent with the business of mining
(including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or
unexpected geological or structural formations, cave-ins, flooding and severe weather); risks relating to
the credit worthiness or financial condition of suppliers, refiners and other parties with whom the
Company does business; inadequate insurance, or inability to obtain insurance, to cover these risks and
hazards; employee relations; relationships and claims by local communities; changes in laws, regulations
and government practices in the jurisdictions where we operate, including environmental, export and
import laws and regulations; changes in national and local government, legislation, taxation, controls or
regulations and political, legal or economic developments in countries where the Company may carry on
business, including legal restrictions relating to mining, risks relating to expropriation; 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 and growth strategies,
and those risk factors identified in the Company's management's discussions and analysis and the most
recent annual information form. 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.
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.