Allied Gold Advances Receipt of Regulatory Approvals and Clearances in Connection with the Proposed Arrangement with Zijin Gold International and Extends the Outside Date to July 29, 2026

TORONTO, May 29, 2026 (GLOBE NEWSWIRE) -- Allied Gold Corporation (“Allied Gold” or the “Company”) (TSX: AAUC, NYSE: AAUC) is pleased to announce that Zijin Gold International Company Limited (“Zijin Gold”) has advised the Company that it has received the approval under the Investment Canada Act (“ICA”) in connection with Zijin Gold's proposed acquisition of all of the issued and outstanding common shares of Allied Gold pursuant to the previously announced arrangement agreement (the “Arrangement Agreement”) between the Company and Zijin Gold (the “Transaction”). The receipt of the approval under the ICA completes the approval process in Canada for the Transaction.