ALKANE EXECUTES $110 MILLION REVOLVING CREDIT FACILITY

• Executed A$110 million Revolving Credit Facility and A$40 million Contingent Instrument Facility
• Provides additional flexibility, liquidity, and broadens banking relationships
• Alkane remains well-funded to develop organic growth projects across three operations

Alkane Resources Limited (ASX: ALK, TSX: ALK, OTCQX: ALKRY) has executed an A$110 million Revolving Credit Facility ('RCF') and A$40 million Contingent Instrument Facility ('CIF') under a syndicated facilities agreement with Australia and New Zealand Banking Group Limited, Commonwealth Bank of Australia, Macquarie Bank Limited and Westpac Banking Corporation. The RCF may be used for general corporate purposes, while the CIF will allow cash used to back performance guarantees to be returned. Alkane is not required to enter into mandatory gold hedging as a condition of the facility. With $232 million of cash and bullion at December 2025, which has grown during the March quarter, Alkane remains well-funded to develop organic growth projects across its three operations. The new facilities allow the company to broaden its relationships with tier-1 banks and provide additional liquidity to move quickly on emerging opportunities. The RCF contains covenants typical for a facility of this nature and is subject to the satisfaction of certain conditions precedent. Alkane's operations are performing strongly, and the company expects to provide a March 2026 quarter production update in the coming weeks, ahead of the March 2026 quarterly activities report to be released later in April 2026.