Orezone to Commence Trading on the ASX Under Ticker “ORE”

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NOT FOR RELEASE TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

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VANCOUVER, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX/ASX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to announce that the Company will commence trading on the Australian Securities Exchange (“ASX”) on August 8^th at 11:00am AEST. Shares of the Company will trade on the ASX under the ticker “ORE”.

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Patrick Downey, President and CEO stated, “The commencement of trading on the ASX marks an exciting milestone for the Company. This secondary listing has already served to broaden our investor base into the very active Australian mining market, further enhancing the Company’s capital markets profile and trading liquidity.

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The proceeds from the IPO that closed on August 6^th now enables Orezone to accelerate the stage 2 hard rock expansion at Bomboré, which will increase the project’s overall production profile to 220,000-250,000 ounces per annum. This production growth will be complemented by an ongoing focus on exploration, with the goal of increasing the current stated 5 million ounce global resource base to a targeted 7 to 10 million ounces longer term.

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I would like to thank the Orezone team, and our advisors, for their hard work and dedication through the listing process and successful outcome.”

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About Orezone Gold Corporation

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Orezone Gold Corporation (TSX: ORE OTCQX: ORZCF) is a West African gold producer engaged in mining, developing, and exploring its 90%-owned flagship Bomboré Gold Mine in Burkina Faso. The Bomboré Mine achieved commercial production on its oxide operations on December 1, 2022. Construction of the stage 1 hard rock expansion is well underway, with first gold expected in Q4-2025. Combined production from the oxide and stage 1 hard rock operations is forecasted to total between 170,000 and 185,000 ounces in 2026. The Company is also advancing the stage 2 hard rock expansion, which is forecasted to increase annual production to between 220,000 and 250,000 ounces. Subject to final Board approval, the stage 2 hard rock expansion will commence in H2-2025, with commissioning expected in Q4-2026.  

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The technical report entitled Bomboré Phase II Expansion, Definitive Feasibility Study is available on SEDAR+ and the Company’s website.

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Contact Information

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Patrick Downey
President and Chief Executive Officer

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Kevin MacKenzie
Vice President, Corporate Development and Investor Relations

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This announcement was authorised for release by Mr. Patrick Downey, President & CEO and Director.

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For further information please contact Orezone at +1 (778) 945 8977 or visit the Company’s website at www.orezone.com.

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The Toronto Stock Exchange nor the Canadian Investment Regulatory Organization neither approves nor disapproves the information contained in this news release.

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Cautionary Note – United States

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The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the U.S. Securities Act), or the securities laws of any state or other jurisdiction in the United States, and may not be offered or sold within the United States except in transactions exempt from, or not subject to, the registration requirements of the U.S. Securities Act and applicable US state securities laws. This news release does not constitute an offer for sale, nor a solicitation for an offer to buy, any securities in the United States, nor in any other jurisdiction in which such offer, solicitation or sale would be unlawful.