September 2025 Quarterly Production Update

PERTH, Australia, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Alkane Resources Ltd (‘Alkane’) (ASX:ALK, TSX:ALK, OTC:ALKEF) has produced 36,407 ounces of gold equivalent over the period from 1 July 2025 to 30 September 2025.^1,2 This period included the expected slower production at Björkdal over the Swedish extended summer vacation period. Cash ($160m), bullion ($14m) and listed investments ($17m) totalled A$191 million at the end of the quarter. During the quarter A$45 million of debt was re-paid, one-off transaction costs of A$25 million from the merger with Mandalay were incurred and hedging of 7,250 ounces of gold was filled. Further details will be available in the full September 2025 Quarterly Report later this month.

Read more at globenewswire.com