FY26 Group production guidance delivered, record cashflow and maiden dividend proposed

Alkane Resources Limited (ASX:ALK; TSX:ALK; OTCQX:ALKRY) (‘Alkane’ or ‘the Company’) is pleased to present its Quarterly Activities Report for the period ending 30 June 2026 (‘Q4 FY26’): Operations Q4 FY26 gold equivalent production of 42,491 AuEq oz @ AISC of $3,011/AuEq oz 1,2. FY26 gold equivalent production of 168,337 AuEq oz @ AISC of $2,925/AuEq oz 1,2. Site operating cash flow of $174 million for the quarter. FY27 production guidance of 163-177kozs gold equivalent at an AISC of $2,900-$3,200 per ounce 1,2. Exploration At the Northern Molong Porphyry Project (NMPP) drilling between the Boda and Kaiser deposits has intersected further Au-Cu mineralisation. Highlighted results include intersecting magmatic-hydrothermal breccias between Boda and Kaiser grading 23.5 m at 0.17g/t Au 0.14% Cu and 42.1 m at 0.16g/t Au 0.14% Cu. Also, a Mobile Magnetotellurics (MMT) survey flown over the NMPP has defined new target areas to be assessed. 3 Finance and Corporate Gold equivalent sales for the quarter of 47,411 ounces 1 for revenue of $257 million at an average realised gold price of $5,442/oz and an average realised antimony price of $24,276/t. Cash, bullion and listed investment balance of $454 million after $18 million of corporate income tax payments during the quarter. 8,500 ounces of hedges filled during the quarter. S&P Dow Jones Indices announced that they would include Alkane in the S&P/ASX 200 effective prior to the open of trading on Wednesday, 22 April 2026. Proposed maiden fully franked dividend of 2 cents per share for FY26 4. Managing Director and CEO, Nic Earner, commented: "It has been another great quarter for Alkane, producing 40,949 ounces of gold and 456 tonnes of antimony (42,491 ounces of gold equivalent) over the full quarter, which places full year FY26 production at 168,337 ounces of gold equivalent, in the top half of guidance. Our site operating cashflow was $174 million for the quarter, resulting in a balance sheet with $454 million in cash, bullion and listed investments at quarter end. Reflecting this strong financial position and our confidence in the business, the Board has proposed Alkane's first ever dividend of 2 cents per share, fully franked — a significant milestone for the Company and a tangible return to the shareholders who have supported our growth. We expect to deliver consistent performance again next year, our full year FY27 guidance is 163-177kozs gold equivalent at an AISC of $2,900-$3,200 per ounce." Q4 FY2026 OPERATING & FINANCIAL RESULTS WEBCAST The Managing Director & CEO, Mr Nic Earner, and CFO, Mr James Carter, will host a conference call and webcast to discuss these results. Details to participate are as follows: Date/Time: Perth, Australia 7:00am AWST, Tuesday, 21 July 2026 Sydney, Australia 9.00am AEST, Tuesday, 21 July 2026 Toronto, Canada 7:00pm EDT, Monday, 20 July 2026 Conference Call Registration: https://register-conf.media-server.com/register/BI32a28b022386456bb193b190945f094c Webcast Link: https://edge.media-server.com/mmc/p/ags4ucx9 The accompanying presentation slides will be available on the Company’s website – HERE. A replay of the webcast will be available on the Company’s website – HERE. GROUP SUMMARY STATUTORY REPORTING PERIOD 1,2 Gold-Antimony Production Alkane produced 40,949 ounces of gold and 456 tonnes of antimony in Q4 FY26, resulting in a Group quarterly production of 42,491 gold equivalent ounces (Q3 FY26: 45,776 AuEq oz) at an AISC of $3,011/AuEq oz (Q3 FY26: $2,928/AuEq oz) 1. Production during the quarter was lower than Q3 FY26, driven by normal, planned, grade variation acro...