Announcement • 4h
Asante Gold Corporation Announces Chief Financial Officer Changes Asante Gold Corporation announced that David Wiens has resigned as Chief Financial Officer to pursue another opportunity, effective August 14, 2026. Mr. Wiens has served as CFO of the Company since August 2023. Under his leadership, the Company executed approximately USD 1 billion of innovative financing transactions to support the Company’s growth and strengthen its balance sheet, while transforming its shareholder register and maturing its finance function. A search for a new CFO has been initiated, with an appointment to be announced in due course. After the departure of Mr. Wiens, Dindiok Chialin, Vice President Finance and Deputy Chief Financial Officer, will act as interim CFO. New Risk • Jul 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 44% per year over the past 5 years. Shareholders have been substantially diluted in the past year (80% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Announcement • Jun 05
Asante Gold Corporation Appoints Glenn Baldwin as Chief Development Officer Asante Gold Corporation announced the appointment of Glenn Baldwin, as Chief Development Officer of the Company. Mr. Baldwin is a commercially focused mining executive with more than 30 years of international experience across enterprise development, operations and strategic leadership. He has held senior executive roles across Africa, the Middle East, Asia, Australia and South America and brings significant expertise in corporate strategy, business development, transformation programmes, capital allocation and operational turnaround initiatives. Glenn joins Asante from BGN International, where he served as Head of Mining, establishing a new mining business to support the company's expansion into critical minerals. He has previously served as Chief Executive Officer of several mining companies, including Consolidated Minerals in Ghana and Yilmaden Holding, with operations across more than a dozen countries. Earlier in his career, Glenn held senior roles at Gold Fields, where he oversaw 1.7 Moz of annual gold production across a global portfolio, served as Chief Operating Officer of Ivanhoe Nickel & Platinum, and well as technical and development positions at Anglo American and Ma'aden Gold & Base Metals. He has a strong track record of leading operational turnarounds, raising capital and executing acquisitions. As Chief Development Officer, Glenn will be based in Ghana, working alongside the CEO and the site teams at the Company’s operations. In the near term his focus will be operational: leading the turnaround and performance improvement of the Bibiani and Chirano mines, where consistent, predictable production is the Company’s immediate priority. In practice his development and operational responsibilities will be one and the same for the foreseeable future. Alongside this, Glenn will begin advancing the Kubi project toward production, and over time will lead Asante’s broader growth agenda; developing the projects and opportunities that build long-term value, with disciplined capital allocation across the business.