• Shareholders and optionholders voted in favour of the Schemes
• Schemes remain subject to Court approval and other conditions
• If approved, African Gold shares to be suspended from trading on ASX

African Gold Ltd (ASX:A1G) announced that its shareholders and optionholders today voted in favour of the proposed scheme of arrangement under which Montage Gold Corp. (TSX:MAU) will acquire 100% of the shares of African Gold (Share Scheme) and the related option scheme of arrangement (Option Scheme). The Share Scheme Resolution was passed by 99.99% of the votes cast, with 96.23% of the number of shareholders present and voting in favour. The Option Scheme Resolution was passed by 100% of the votes cast and 100% of the number of optionholders present and voting. The Schemes remain subject to approval by the Supreme Court of Western Australia at a hearing scheduled for 17 April 2026 and certain other customary conditions precedent. If the Court approves the Schemes, African Gold intends to lodge the orders with ASIC on 20 April 2026, with the Schemes becoming legally effective on that date. African Gold shares will then be suspended from trading on the ASX at the close of trading on 20 April 2026. If the Schemes become effective, implementation is expected to occur on 29 April 2026, with Montage acquiring 100% of African Gold shares and all African Gold options being cancelled.