Mr. Dave Anthony reports

ASANTE ANNOUNCES FILING OF MEETING MATERIALS FOR ANNUAL GENERAL MEETING OF SHAREHOLDERS

Asante Gold Corp. has filed all meeting materials in advance of its annual general meeting of shareholders. Meeting materials can be found on the company's website and on SEDAR+.

The meeting

Asante's annual general meeting of shareholders will be held on Tuesday, April 23, 2024, at 10 a.m. (Toronto time), at 100 King St. West, suite 3400, Toronto, Ont., Canada, M5X 1A4, for the following purposes:

• To receive the audited consolidated financial statements of the company for the financial year ended Jan. 31, 2023, together with the report of the auditor thereon, and the interim consolidated financial statements for the nine-month period ended Oct. 31, 2023;
• To fix the number of directors of the company for the ensuing year at nine;
• 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;
• 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 a.m. Toronto time.

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)

E-mail: assistance@laurelhill.com

About Asante Gold Corp.

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.

We seek Safe Harbor.