Mr. Frederick Attakumah reports

ASANTE GOLD CORPORATION ANNOUNCES APPOINTMENT OF ACTING CHIEF EXECUTIVE OFFICER

Asante Gold Corp. has appointed Campbell Baird as acting chief executive officer of the company.

Appointment of acting chief executive officer

The board of directors is pleased to announce the appointment of Mr. Baird as acting chief executive officer, effective immediately, marking an important step in the company's continued progress. The appointment follows the previously announced retirement of Dave Anthony as president and chief executive officer of Asante on March 11, 2026.

Mr. Baird is a mining executive with more than 30 years of international experience, having held senior executive and operational roles across Africa, Australia and North America, and a proven record of delivering operational improvement. He was appointed chief operating officer on March 11, 2026, and has since been working closely with management and technical teams at Bibiani and Chirano, leading a focused operational review, strengthening execution discipline and identifying opportunities to improve performance and efficiency.

The board is confident that Mr. Baird's leadership will ensure continuity and maintain the company's focus on operational delivery.

Malik Easah, executive chairman of Asante Gold, stated: "The board is confident in Campbell's leadership as acting chief executive officer. We are encouraged by his early impact since joining us as chief operating officer just 60 days ago, actively engaging with our teams on site and driving a clear focus on operational discipline and performance across the business. We believe the company is well positioned to continue this momentum under Campbell's leadership."

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 TSX Venture Exchange, the Ghana Stock Exchange, the Frankfurt exchange and the OTCQX Best Market. 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.

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