TORONTO, Would possibly 8, 2025 /PRNewswire/ – Allied Gold Company (TSX: AAUC) (OTCQX: AAUCF) (“Allied” or the “Company“) proclaims that, following the considered necessary favor of the Corporate’s shareholders on the 2025 Annual Basic and Particular Assembly of Shareholders held previous nowadays, the Corporate’s board of administrators has authorized the consolidation (the “Consolidation“) of the Corporate’s issued and remarkable ordinary stocks (the “Common Shares“) at the foundation of 1 (1) post-Consolidation Familiar Proportion for each and every 3 (3) pre-Consolidation Familiar Stocks held. The Consolidation is being applied in reference to the Corporate’s utility to checklist its Familiar Stocks at the Fresh York Hold Change (the “NYSE“).
Topic to the assessment and favor of the Corporate’s checklist utility and pleasure of all acceptable checklist and regulatory necessities, the Corporate expects that the Familiar Stocks will start buying and selling at the NYSE by way of mid-June 2025.
Proportion Consolidation
The Toronto Hold Change (the “TSX“) has conditionally authorized the Consolidation, which is predicted to grow to be efficient on Would possibly 19, 2025 (the “Effective Date“), with the post-Consolidation Familiar Stocks to start buying and selling at the TSX at marketplace seen on or about Would possibly 22, 2025, topic to ultimate affirmation from the TSX. Refuse fractional post-Consolidation Familiar Stocks will probably be issued in reference to the Consolidation. Any fractional post-Consolidation Familiar Proportion coming up from the Consolidation will probably be deemed to were tendered by way of its registered proprietor to the Corporate for cancellation and negative attention. The workout or conversion value and/or the choice of Familiar Stocks issuable below the Corporate’s remarkable convertible securities will probably be proportionately adjusted in reference to the Consolidation, in keeping with the phrases of such convertible securities.
Upon crowning glory of the Consolidation, the post-Consolidation Familiar Stocks will proceed to business at the TSX below the book image “AAUC” below a fresh CUSIP: 01921D204 and fresh ISIN: CA01921D2041.
Registered shareholders of the Corporate protecting their pre-Consolidation Familiar Stocks in certificates mode will obtain a letter of transmittal from the Corporate’s switch agent, offering directions for the change in their pre-Consolidation Familiar Stocks once practicable following the Efficient Day. Till surrendered, each and every proportion certificates representing pre-Consolidation Familiar Stocks will constitute the choice of entire post-Consolidation Familiar Stocks to which the holder is entitled because of the Consolidation. Registered shareholders of the Corporate protecting their pre-Consolidation Familiar Stocks in uncertificated hold access mode, or DRS recommendation mode, as of the Efficient Day aren’t required to pull any motion to acquire their post-Consolidation Familiar Stocks, and such shareholders will obtain DRS advices representing their post-Consolidation Familiar Stocks robotically inside 3 industry days upcoming the Efficient Day and not using a requirement to finish the letter of transmittal. Refuse motion is needed by way of recommended shareholders of the Corporate to obtain post-Consolidation Familiar Stocks in reference to the Consolidation. Recommended shareholders who reserve their pre-Consolidation Familiar Stocks thru intermediaries (e.g., a dealer, vault, believe corporate funding broker or alternative monetary establishment) and who’ve questions referring to how their Familiar Stocks will probably be processed in reference to the Consolidation will have to touch their intermediaries.
As of the year of this information let fall, the Corporate has 346,137,648 Familiar Stocks issued and remarkable. Following crowning glory of the Consolidation at the Efficient Day, the Corporate is predicted to have roughly 115,379,216 Familiar Stocks issued and remarkable, topic to rounding.
About Allied Gold Company
Allied Gold is a Canadian-based gold manufacturer with a vital enlargement profile and mineral endowment. It operates a portfolio of 3 generating property and building tasks positioned in Côte d’Ivoire, Mali, and Ethiopia. Led by way of a staff of mining executives with operational and building enjoy and confirmed good fortune in developing worth, Allied Gold aspires to grow to be a mid-tier, next-generation gold manufacturer in Africa and, in the long run, a prominent senior world gold manufacturer.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION AND STATEMENTS
This press let fall comprises “forward-looking information” below acceptable Canadian securities regulation. Apart from for statements of historic reality in relation to the Corporate, knowledge contained herein constitutes forward-looking knowledge, together with, however no longer restricted to, the Corporate’s statements in relation to the predicted timing for the Consolidation being efficient and for the graduation of buying and selling of the Familiar Stocks at the TSX on a post-Consolidation foundation, when shareholders will obtain their DRS advices representing their post-Consolidation Familiar Stocks, and the checklist and buying and selling of the Corporate’s post-Consolidation Familiar Stocks at the NYSE; the NYSE checklist offering the Corporate with a broader institutional and retail investor target market, larger assets of capital, stepped forward buying and selling liquidity, larger analysis protection, enhanced marketability of the Familiar Stocks, broader index inclusion, amongst alternative advantages; and the Corporate’s aspiration to grow to be a mid-tier, next-generation gold manufacturer in Africa and/in the long run, a prominent senior world gold manufacturer. Ahead-looking statements are characterised by way of phrases similar to “may”, “plan”, “expect”, “intend”, “believe”, “anticipate” and alternative homogeneous phrases or damaging variations thereof, or statements that positive occasions or situations “may”, “will”, “should”, “would” or “could” happen. Ahead-looking knowledge is according to the reviews, suppositions and estimates of control regarded as cheap on the year the statements are made, and is inherently topic to various dangers and uncertainties and alternative recognized and unknown components that might reason fresh occasions or effects to fluctuate materially from the ones projected within the forward-looking knowledge, together with uncertainties indistinguishable to, with out limitation, the timing of receipt of all ultimate TSX and NYSE regulatory approvals for checklist and buying and selling, on a post-Consolidation foundation, sudden effects from the Consolidation and the checklist on NYSE no longer aligning with the Corporate’s stream anticipated advantages thereof, adjustments on the whole financial, industry and political situations, together with adjustments within the monetary markets. Even if the Corporate has tried to spot notable components that might reason fresh movements, occasions or effects to fluctuate materially from the ones described in forward-looking knowledge, there is also alternative components that might reason movements, occasions or effects not to be as expected, estimated or meant. There can also be negative word that forward-looking knowledge will end up to be correct, as fresh effects and hour occasions may fluctuate materially from the ones expected in such statements. The Corporate undertakes negative legal responsibility to replace forward-looking knowledge if cases or control’s estimates, suppositions or reviews will have to alternate, with the exception of as required by way of acceptable legislation. The reader is cautioned to not park undue reliance on forward-looking knowledge. The forward-looking knowledge contained herein is gifted make happen helping traders in working out the Corporate’s plans in reference to the Consolidation and checklist of the Familiar Stocks at the NYSE and is probably not suitable for alternative functions.
SOURCE Allied Gold Company
