- **Allied Gold Corporation** announced the pricing of an overnight marketed underwritten offering of **6,400,000 common shares** at **C$27.35 per share**, aiming for aggregate gross proceeds of **approximately C$175,000,000**.  **[1993344_0001104659-25-099937_tm2528807d2_ex99-1.htm:1]** 
- The offering includes an over-allotment option for underwriters to purchase up to an additional **15%** of the shares.  **[1993344_0001104659-25-099937_tm2528807d2_ex99-1.htm:1]** 
- The closing of the offering is anticipated on or about **October 24, 2025**.  **[1993344_0001104659-25-099937_tm2528807d2_ex99-1.htm:1]** 
- Net proceeds will be used to fund optimization and growth initiatives, including accelerating development at Sadiola, modifying the Kurmuk plant, transitioning to owner mining, and for general corporate purposes.  **[1993344_0001104659-25-099937_tm2528807d2_ex99-1.htm:1]**

Allied Gold announces pricing of overnight marketed equity offering

- Allied Gold Corporation announced an **overnight marketed offering** of its common shares.  **[1993344_0001104659-25-099813_tm2528807d1_ex99-1.htm:1]** 
- The company intends to use the net proceeds to **fund optimization and growth initiatives** at its Sadiola and Kurmuk operations, begin the transition to owner mining, and for general corporate purposes.  **[1993344_0001104659-25-099813_tm2528807d1_ex99-1.htm:1]** 
- The offering includes an **over-allotment option** for underwriters to purchase up to an additional **15%** of the shares sold.  **[1993344_0001104659-25-099813_tm2528807d1_ex99-1.htm:1]** 
- The **closing** of the offering is anticipated on or about **October 24, 2025**, pending necessary regulatory approvals.  **[1993344_0001104659-25-099813_tm2528807d1_ex99-1.htm:2]**

Allied Gold Corporation Announces Overnight Marketed Offering

- Allied Gold produced **over 87,000 ounces of gold** and sold **over 92,000 ounces of gold** in the third quarter ending September 30, 2025.  **[1993344_0001171843-25-006429_exh_991.htm:0]** 
- All-in Sustaining Costs (AISC) for Q3 2025 are expected to be approximately **$2,100 per ounce**, a **10% material improvement** compared to the second quarter.  **[1993344_0001171843-25-006429_exh_991.htm:1]** 
- As of September 30, 2025, the company's cash balances are expected to **exceed $260 million**.  **[1993344_0001171843-25-006429_exh_991.htm:0]** 
- The company is on track to achieve its 2025 annual production guidance of **above 375,000 gold ounces**, with the Phase 1 expansion at Sadiola and the Kurmuk project construction progressing well.  **[1993344_0001171843-25-006429_exh_991.htm:0]** **[1993344_0001171843-25-006429_exh_991.htm:3]** **[1993344_0001171843-25-006429_exh_991.htm:4]**

Allied Gold Announces Preliminary Third Quarter 2025 Operating Results

- Allied Gold Corporation has launched a new energy program at its Sadiola asset to secure **efficient, reliable, and lower-cost power** for its phased expansion.  **[1993344_0001279569-25-001074_ex991.htm:1]** 
- The program will be implemented in stages, beginning with additional diesel generators in early **2026**, followed by a hybrid solution including a photovoltaic plant and battery energy storage systems (BESS) in **2027**, and further expansion of thermal and renewable generation through **2028**.  **[1993344_0001279569-25-001074_ex991.htm:1]** **[1993344_0001279569-25-001074_ex991.htm:2]** 
- This initiative is projected to **reduce energy costs by up to 20 percent** initially, and up to **45 percent** when fully implemented, leading to an estimated **$150 to $200 per ounce of gold** reduction in All-In Sustaining Costs (AISC).  **[1993344_0001279569-25-001074_ex991.htm:1]** 
- The new diesel generators, initial photovoltaic plant, and BESS will be financed with a **deferred payment arrangement**, requiring minimal upfront capital.  **[1993344_0001279569-25-001074_ex991.htm:2]** 
- The Sadiola Phase 1 expansion is on track for completion in **Q4 2025**, with the mine expected to produce **200,000 to 230,000 ounces of gold per year** in the medium term post-modifications.  **[1993344_0001279569-25-001074_ex991.htm:2]**

Allied Gold Launches Energy Program at Sadiola Mine

- Allied Gold Corporation is implementing a new energy program for its Sadiola asset, projected to reduce energy costs by up to **45%** and All-In Sustaining Costs (AISC) by **$150 to $200 per ounce of gold** once fully implemented.  **[1993344_20251001TO87802:0]** 
- The program will be introduced in stages, starting with additional diesel generators by **early 2026**, followed by a photovoltaic plant with battery energy storage systems (BESS) by **mid-2027**, and progressive introduction of medium-speed thermal generation between **2027 and 2028**.  **[1993344_20251001TO87802:0]** **[1993344_20251001TO87802:1]** 
- The initial stages of the power solution are expected to be financed through a combination of upfront and deferred payments, which will decrease near-term capital requirements.  **[1993344_20251001TO87802:0]** **[1993344_20251001TO87802:1]** 
- The Sadiola Phase 1 expansion is proceeding as planned, with completion expected in the **fourth quarter of 2025**, targeting a production of **200,000 to 230,000 ounces of gold per year** in the medium term.  **[1993344_20251001TO87802:1]**

Allied Gold (AAUC)