Orezone Gold Corporation has issued its 2026 production and cost guidance for the Casa Berardi gold mine, covering the period following its acquisition on March 25, 2026. The guidance outlines the company's operational plans for the remainder of the year, reflecting a transition phase focused on integration and asset optimization. Patrick Downey, President and CEO, emphasized that Casa Berardi is a long-life asset in a Tier-1 jurisdiction with substantial mineral endowment and significant exploration upside.

Casa Berardi 2026 Guidance

The operational metrics for the post-acquisition period are detailed in the table below. The guidance assumes a CAD/USD foreign exchange rate of 1.35.

Operational Outlook

2026 is designated as a transition year for the operation. The company will mine readily accessible lower-grade underground ore while completing additional waste stripping in the F160 pit. This activity is intended to improve access to higher grades at the pit bottom and prepare for future cut-backs to extend pit life. Consequently, these investments are expected to result in higher average AISC for the remainder of 2026. Quarterly gold production is projected to be lowest in the third quarter due to waste stripping, with production strengthening in the fourth quarter as higher-grade open pit ore is processed.

Capital Expenditures and Exploration

Sustaining capital is estimated at $37 - $39 million, directed toward accelerated underground development, new mining equipment, tailings lift, and process plant improvements. Growth capital of $5 - $6 million is allocated for engineering, technical studies, and permitting. An exploration program comprising 58,000 metres of diamond drilling is planned to convert resources and test new targets. Orezone intends to increase drilling to a sustained annual rate of 80,000 to 100,000 metres.

Future Strategy

Orezone expects to publish an updated life-of-mine plan for Casa Berardi in September 2026. The document will outline the long-term operating strategy, mine development plans, and exploration opportunities. The company remains focused on strengthening the asset for future growth through ongoing investments.

Orezone Gold Corporation announced that all resolutions at its annual general meeting held on June 25, 2026, were approved, with 52.89% of the total issued and outstanding shares represented. The meeting saw the election of six directors, with voting results indicating strong shareholder support for the board nominees. Deloitte LLP was appointed as the auditor for the fiscal year ending December 31, 2026, and the board was authorized to fix their remuneration.

Director Election Results

Shareholders voted to elect six directors to the board. The detailed voting results for each nominee are outlined below:

Auditor Appointment

The board appointed Deloitte LLP as the auditor for the upcoming fiscal year ending December 31, 2026. Shareholders authorized the board of directors to determine the remuneration for the auditor.

Additional Disclosures

The complete Report of Voting Results is available under the company's profile on SEDAR+ and on the Orezone Gold Corporation website. Further details can be found in the Management Information Circular dated May 13, 2026.