Allied Gold Corp

Allied Gold Corporation announced its Annual General Meeting (AGM) will be held virtually on August 7, 2026, at 11:00 a.m. Toronto time. This meeting is mandated by corporate law despite an ongoing Plan of Arrangement with Zijin Gold International Company Limited, which was initiated on January 26, 2026. The AGM will be cancelled if the transaction with Zijin Gold closes prior to or on the meeting date. Shareholders will vote on the election of ten directors and the re-appointment of KPMG LLP as auditors. As of June 15, 2026, the company had 126,547,893 common shares outstanding.

Allied Gold Corp provided an operational update, highlighting significant progress across its mining assets. The integrated production plan for the Côte d’Ivoire (CDI) Complex extends Bonikro's mine life to 2036, projecting average production of over 120,000 gold ounces per year, a 400% increase from the 2023 Technical Report. Overall, the CDI Complex is now projected to produce approximately 200,000 gold ounces per year for at least ten years. Additionally, the Kurmuk Gold Project in Ethiopia is on schedule and budget, with pre-commissioning underway and first gold expected by mid-2026, while the Sadiola Mine in Mali remains on track to meet its Q2 production guidance of approximately 50,000 ounces.

Allied Gold Corp provided an update on its mining assets, confirming commitment to the Zijin Gold Arrangement. The company announced significant progress across its operations, including extending the Bonikro mine life to 2036 and increasing its average annual production to over 120,000 gold ounces. The CDI Complex is now projected to produce 200,000 gold ounces per year for over 10 years, while the Kurmuk Gold Project has commenced pre-commissioning with first gold expected mid-2026. Operational optimizations and exploration efforts continue at Sadiola and other sites, reinforcing the company's growth strategy.

Allied Gold Corp announced significant progress in obtaining regulatory approvals for its proposed acquisition by Zijin Gold International. The company has received approval under the Investment Canada Act, as well as merger clearances from the Regional Competition Authority of ECOWAS and the Competition and Consumer Commission of COMESA. To facilitate the transaction, the parties have extended the outside date for completion to July 29, 2026, and are amending the Credit Facility.

Allied Gold Corporation announced that Zijin Gold International Company Limited has received approval under the Investment Canada Act for its proposed acquisition of Allied Gold. This completes the Canadian approval process, and the transaction has also secured merger clearances from ECOWAS and COMESA. While certain host country approvals in Africa are in progress, the parties have extended the Outside Date for completion to July 29, 2026, as they continue to work towards fulfilling all remaining conditions.

Allied Gold Corp detailed its executive and board compensation for the year ended December 31, 2025, reflecting strong company performance. CEO Peter Marrone's total compensation reached $10.77 million, driven by significant annual cash bonuses and long-term equity grants that were above target. The company's overall performance for 2025 was rated as "above target" across various operational, financial, and strategic KPIs, leading to above-target compensation awards for its Named Executive Officers and a one-time grant of stock options and DSUs to the board.

Allied Gold Corporation reported its Q1 2026 financial and operational results while progressing its transaction with Zijin Gold. The company produced 96,016 ounces of gold, a 14% increase year-over-year, with All-in Sustaining Costs (AISC) of $2,264 per ounce sold. Despite a net loss of $58.3 million, adjusted earnings were $48.6 million, and operating cash flows were strong at $162.7 million before tax and working capital. The acquisition by Zijin Gold for C$44 per share, valued at C$5.5 billion, is advancing, with shareholder and court approvals already obtained and an objective to close in a timely manner.

Allied Gold reported Q1 2026 revenue of $394.1 million, a 13.8% increase year-over-year, driven by higher gold prices. The company posted a net loss attributable to shareholders of $(58.3) million, or $(0.47) per share, compared to net earnings of $15.1 million in Q1 2025. However, Adjusted Net Earnings rose to $48.6 million, or $0.39 per share. Operational highlights include a 14% increase in gold production to 96,016 ounces, continued progress on the Kurmuk Project towards mid-2026 first gold, and advancements in the Sadiola Gold Mine expansion. The acquisition by Zijin Gold for C$5.5 billion is progressing, with all shareholder and court approvals obtained.

Allied Gold Corporation announced its Q1 2026 financial and operational results, reporting a net loss of $58.3 million but adjusted earnings of $48.6 million, with gold production increasing 14% year-over-year to 96,016 ounces. The company also provided an update on its definitive agreement for Zijin Gold International Company Limited to acquire all issued and outstanding shares for C$44 per share in cash, valuing the transaction at approximately C$5.5 billion. This acquisition is progressing with shareholder and court approvals obtained, aiming for a timely closing.

Allied Gold Corp confirmed normal business conduct at its operating mines in Mali and Côte d'Ivoire, including the recently completed first phase expansion at Sadiola Gold Mine. The Kurmuk development project in Ethiopia is progressing as planned, with production expected in the third quarter of 2026. The company also provided an update on its previously announced Arrangement with Zijin Gold International Company Limited, stating that both parties are diligently advancing regulatory approvals with an objective to close by May 29, 2026.