Allied Gold Announces Filing of Prospectus Supplement in Connection With Previously Announced Overnight Marketed Equity Offering

Executive Summary

• Allied Gold filed a prospectus supplement to its short‑form base shelf prospectus, authorizing the public distribution of 6,400,000 common shares at $27.35 per share.
• The offering is expected to close on or about October 24, 2025, subject to customary closing conditions and TSX/NYSE listing approvals (TSX conditional approval already received).
• Proceeds will be used to fund the Company’s growth initiatives, including exploration, development projects in Côte d’Ivoire, Mali and Ethiopia, and general corporate purposes.

Key Details

• Offering Size: 6,400,000 common shares.
• Offering Price: $27.35 per share.
• Gross Proceeds (pre‑expenses): Approximately $175.0 million (6.4 M × $27.35).
• Over‑allotment Option: The prospectus supplement outlines the terms for exercising an over‑allotment option, potentially increasing the number of shares issued.
• Closing Date: Expected on or about October 24, 2025, subject to satisfaction of all closing conditions.
• Regulatory Approvals: Conditional approval from the Toronto Stock Exchange (TSX); pending final approvals for listing on both TSX and New York Stock Exchange (NYSE).
• Access to Documents: Base Shelf Prospectus, prospectus supplement, and any amendments are available free of charge via SEDAR+ or by contacting Stifel Nicolaus Canada Inc. at [email protected].
• Use of Proceeds: To support Allied Gold’s strategic growth plan—exploration, development, construction, operational enhancements, debt reduction, and general corporate purposes.

Notable Quotes

(No executive quotes were included in the release.)