Orezone Announces Planned Board Succession and New Board Nominee - Seite 2

Mr. Oliver, who has been a director of the Company since 2017, has announced his pending retirement from the board as he will not stand for re-election at the AGM. Mr. Oliver made invaluable contributions to Orezone with his deep experience of the gold market and through his fundamental understanding of how companies should be managed and guided through development and into operations. His counsel was much appreciated and played a pivotal role in the Board’s oversight in the last seven years.

Mr. Downey continued, “On behalf of the entire Company and its stakeholders, we thank Michael and Charles for their years of service. During their tenure on the board, the construction of the Bomboré Mine was completed under budget and on time, and in its first full year of operations in 2023, achieved its annual guidance while maintaining an exceptional safety record with no lost time injuries in over 15 million worker hours, an accomplishment that the entire Orezone team is very proud of.”

New Board Nominee – Tara Hassan

Following an extensive search, the Company is pleased to announce that the board has recommended that Ms. Tara Hassan be appointed as an independent director of the Company. Her appointment will be voted on by shareholders at the AGM.

Ms. Hassan is a mining engineer with more than 18 years of industry experience including mine operations, project development, capital markets and mining technology. Ms. Hassan is a Professional Engineer (Ontario) and holds a Bachelor of Science degree in Mining Engineering from Queen’s University in Kingston, Ontario. Ms. Hassan is currently the Vice President, Corporate Development for SilverCrest Metals Inc.

Mr. Downey commented, “I look forward to welcoming Tara to the Orezone board. Tara has an extensive background in mining and capital markets including having held operating, engineering, and project-focused roles in a wide variety of mines. As a former ranked equity research analyst covering the precious metals sector, Tara has firsthand experience with development and operating mines in West Africa.”

Annual General Meeting

Following the close of the AGM, the board will officially appoint a new Chair from its members.  An announcement of the new board Chair will be made in conjunction with the voting results from the AGM.

For further information of the Company’s board renewal process and the eight nominees that will be put forth for election at the AGM, please see the Company’s management information circular to be dated May 10, 2024.