Asante Gold Announces Results of Annual General & Special Meeting of Shareholders

Core Points - Asante Gold Corporation held its annual general and special meeting of shareholders on October 21, 2025, with approximately 52% of outstanding common shares represented [1] - All matters presented for approval by management were duly authorized and approved, including the fixing of the number of directors, appointment of auditors, and approval of incentive plans [1][3] Voting Results - The resolution to fix the number of directors at seven was approved with 373,256,704 votes for (100%) and 1,605 votes against [2] - The appointment of auditors received 373,256,704 votes for (100%) with 1,605 votes withheld [2] - The Omnibus Equity Incentive Plan was approved with 349,100,456 votes for (99.68%) and 1,117,932 votes against [2] - The Employee Share Purchase Plan was approved with 320,412,590 votes for (91.49%) and 29,805,798 votes against [2] Election of Directors - Bashir Akwasi Ahmed was elected with 281,855,663 votes for (80.48%) and 68,362,725 votes withheld [2] - David Anthony was elected with 327,736,313 votes for (93.58%) and 22,482,075 votes withheld [2] - Malik Easah was elected unanimously with 350,217,663 votes for (100%) [2] - Other directors elected include Alex Heath, Alireza Abbassi Monjezi, Roger Norwich, and Alexander Smirnov with varying levels of support [2] Security Based Compensation Plans - Shareholders approved the Omnibus Plan, which is a "rolling" 10% plan allowing for various types of equity grants [5] - The Employee Share Purchase Plan (ESPP) is a "fixed" plan allowing for the issuance of up to 6,000,000 common shares to eligible employees [5] - The total number of common shares reserved for these plans must not exceed 10% of the company's total issued and outstanding common shares [5] Company Overview - Asante Gold Corporation is engaged in gold exploration, development, and operations, with projects and mines located in Ghana [6] - The company operates the Bibiani and Chirano Gold Mines and is conducting studies at the Kubi Gold Project [6] - Asante is exploring additional projects including Keyhole, Fahiakoba, and Betenase, all situated in Ghana's Golden Triangle [6]