Newcore Gold Announces Appointment of Mr. Sulemanu Koney to its Board of Directors
NEWS RELEASE
Suite 610 - 815 West Hastings St. www.newcoregold.com
Vancouver, British Columbia V6C 1B4 [email protected]
Newcore Gold Announces Appointment of Mr. Sulemanu Koney
to its Board of Directors
September 8, 2026 TSX-V: NCAU, OTCQX: NCAUF
Vancouver, BC – Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU,
OTCQX: NCAUF) is pleased to announce the appointment of Mr. Sulemanu Koney as an
independent, non-executive director of the Company, effective immediately.
Mr. Koney is a Ghanaian mining industry leader with over 35 years of corporate experience,
including 25 years at the Ghana Chamber of Mines (the "Chamber"). Most recently, he served
as Chief Executive Officer of the Chamber from 2014 until his retirement in 2025. During his
tenure he provided strategic leadership and transformative initiatives that enhanced the
competitiveness and sustainability of the sector. He championed policies that leveraged
mining as a catalyst for broad-based socio-economic development and fostered collaboration
between mining companies, government, and traditional authorities. While CEO of the
Chamber, Mr. Koney also chaired the UN Global Compact Network Ghana for a decade,
promoting corporate governance, business ethics and anti-corruption. He also established and
served as the first Executive Director of the ECOWAS Federation of Chambers of Mines
(EFEDCOM). Prior to his tenure as CEO, Mr. Koney was Director of Analysis, Research and
Finance for the Chamber. In that expansive role, he built deep relationships with civil society,
key government ministries, departments and agencies across mining, energy, finance, security,
logistics and environment, positioning the mining industry as a core bedrock of Ghana's
economy while creating a conducive and predictable operating environment for investors. He
also served as the focal point for energy and manufacturing matters, as well as for industry -
academia collaboration, particularly with the University of Mines and Technology (UMaT) .
Before joining the Chamber, Mr. Koney spent a decade at Shell Ghana Limited in the Lubricants
Marketing Department, including as a member of Shell's inaugural dedicated mining team
mandated to deliver focused commercial and technical solutions to the mining industry.
Doug Forster, Chairman of Newcore stated, " We are excited to welcome Mr. Koney to our
Board of Directors. His extensive experience, including leading the Ghana Chamber of Mines,
is a v aluable addition to our team and he is well placed to support Enchi through the
development and permitting path forward with his strong relationships and knowledge of the
Ghana regulatory and mining sector."
In connection with Mr. Koney’s appointment, Newcore has granted him 225,000 stock options
at a price of $0.305 per share for a period of five years that vest over a three-year period with
one-third vesting after each 12-month period, as well as 150,000 performance share units that
vest after a one-year period based on attendance at quarterly Board of Director meetings, each
under the Company’s long -term incentive plan . These grants are subject to approval by the
TSX Venture Exchange.
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About Newcore Gold Ltd.
Newcore Gold is advancing its Enchi Gold Project located in Ghana, Africa’s largest gold
producer (1). Newcore Gold offers investors a unique combination of top -tier leadership, who
are aligned with shareholders through their 1 2% equity ownership , and prime district scale
exploration opportunities. Enchi’s 248 km 2 land package covers 40 kilometres of Ghana’s
prolific Bibiani Shear Zone, a gold belt which hosts several multi-million-ounce gold deposits,
including the Chirano mine 50 kilomet res to the north. Newcore’s vision is to build a
responsive, creative and powerful gold enterprise that maximizes returns for shareholders.
(1) Source: Production volumes for 2025 as sourced from the World Gold Council.
On Behalf of the Board of Directors of Newcore Gold Ltd.
Luke Alexander
President, CEO & Director
For further information, please contact:
Mal Karwowska | Senior Vice President, Corporate Development and Investor Relations
+1 604 484 4399
www.newcoregold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes statements that contain "forward -looking information" within the meaning of
the applicable Canadian securities legislation ("forward -looking statements"). All statements, other than
statements of historical fact, are forward -looking statements and are based on expectations, estimates
and projections as at the date of this news release. Any statement that involves discussion with respect to
predictions, expectations, beliefs, plans, projections, objectives, assumptions, future even ts or
performance (often, but not always using phrases such as "plans", "expects", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including
negative variations) of such words and phras es, or state that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact
and may be forward-looking statements. In this news release, forward -looking statements relate, among
other things, to: the magnitude or quality of mineral deposits; anticipated advancement of mineral
properties or programs; future exploration prospects and growth of mineral properties; and the potential
expansion or enhancement of mineralization.
These forward-looking statements are based on assumptions management believes to be reasonable at
the time such statements are made, including, without limitation, assumptions regarding: the ability of
ongoing and future exploration programs to further define, expand or upgrade the ability of ongoing and
future exploration programs to further define, expand or upgrade mineralization; and the Company’s
ability to execute its plans as currently contemplated. Although the Company believes these assumptions
to be reasonable based on information currently available, they may prove to be incorrect.
Forward-looking statements also involve known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements of the Company to be materially different
from any future results, performance or achievements expressed or implied by the forward-looking
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statements. Such factors include, among others: risks related to the speculative nature of Newcore’s
business; Newcore’s stage of development; Newcore’s financial position; possible variations in
mineralization, grade or recovery rates; actual results of current exp loration activities; fluctuations in
general macroeconomic conditions and securities markets; change in national and local government,
legislation, taxation, controls, regulations and political or economic developments; risks and hazards
associated with mineral exploration, development and mining (including environmental hazards and
unusual or unexpected geological formations); the presence of laws and regulations that may impose
restrictions on mining; employee relations; relationships with and claims by local communities; and the
speculative nature of mineral exploration and development (including the risks of obtaining necessary
licenses, permits and approvals from government authorities). Readers are cautioned that the foregoing
list of factors is not exhaustive of the factors that may affect the forward -looking statements.
Forward-looking statements contained herein are made as of the date of this news release and Newcore
disclaims any obligation to update any forward -looking statements, whether as a result of new
information, future events or results, except as may be required by applicable securities laws. There can
be no assurance that forward -looking statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements.