Mr. Dave Anthony reports

ASANTE GOLD ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

Asante Gold Corp. has released the results of its annual general meeting of shareholders held yesterday, April 23, 2024. A total of 288,306,101 common shares (approximately 65 per cent of the outstanding shares) were represented at the meeting, with all matters presented for approval by management being duly authorized and approved, as follows:

• Fixing the number of directors at nine;
• Election of the directors as proposed in the company's management information circular dated March 18, 2024;
• Appointment of an auditor.

Detailed voting results are provided in an attached table.

Detailed voting results regarding the election of directors are provided in an attached table.

Further details on the above matters are set forth in the company's meeting materials, including the circular, which are accessible under the company's issuer profile on SEDAR+. The company has also filed a report of voting results on all resolutions voted on at the meeting under the company's issuer profile on SEDAR+.

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. 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.