Alkane Resources Limited: Appointment of Non-Executive Director

PERTH, Nov. 24, 2025 - Alkane Resources Ltd. (ASX: ALK; TSX: ALK; OTCQX: ALKEF) ('Alkane' or 'the Company') is pleased to announce the appointment of Ms Denise McComish to the Alkane Board as an independent Non-Executive Director with effect from 1 December 2025. Ms McComish will also serve as Chair of Alkane's Audit & Risk Committee.

Ms McComish has extensive financial, strategy, corporate, ESG and board experience across multiple sectors. She was a partner with KPMG for 30 years, specialising in audit and advisory services, and served as a National Board Member and National Mining Leader.

Ms McComish is currently a Non-Executive Director of Web Travel Group Limited, WA Electricity Generation and Retail Corporation (Synergy) and for purpose organisation Beyond Blue Limited. She served as a Non-Executive Director of Gold Road Resources Ltd. until the completion of its recent takeover by Gold Fields Limited and has previously held Non-Executive Director roles at Mineral Resources Ltd. and Macmahon Holdings Limited.

Ms McComish is a Fellow of Chartered Accountants Australia and New Zealand, a Fellow of the Australian Institute of Company Directors and a member of Chief Executive Women.

Alkane Chair Andy Quinn said: 'I am delighted to welcome Denise to the Board of Alkane as an independent Non-Executive Director. With her extensive experience as a former KPMG partner, her deep expertise in governance, audit and risk and ESG matters, together with her proven track record on the boards of leading ASX-listed companies, Denise brings exceptional qualities and skills to our board. These will be invaluable and align perfectly with our objective to deliver long-term value for our shareholders and all other stakeholders."

This document has been authorised for release to the market by the Board.

ABOUT ALKANE ? www.alkres.com ? ASX:ALK | TSX: ALK | OTCQX: ALKEF

Alkane Resources (ASX:ALK; TSX:ALK; OTCQX:ALKEF) is an Australia-based gold and antimony producer with a portfolio of three operating mines across Australia and Sweden. The Company has a strong balance sheet and is positioned for further growth.

Alkane's wholly owned producing assets are the Tomingley open pit and underground gold mine southwest of Dubbo in Central West New South Wales, the Costerfield gold and antimony underground mining operation northeast of Heathcote in Central Victoria, and the Björkdal underground gold mine northwest of Skellefteå in Sweden (approximately 750km north of Stockholm). Ongoing near-mine regional exploration continues to grow resources at all three operations.

Alkane also owns the very large gold-copper porphyry Boda-Kaiser Project in Central West New South Wales and has outlined an economic development pathway in a Scoping Study. The Company has ongoing exploration within the surrounding Northern Molong Porphyry Project and is confident of further enhancing eastern Australia's reputation as a significant gold, copper and antimony production region.

CONTACT: NIC EARNER, MANAGING DIRECTOR & CEO, ALKANE RESOURCES LTD, TEL +61 8 9227 5677

INVESTORS & MEDIA: NATALIE CHAPMAN, CORPORATE COMMUNICATIONS MANAGER, TEL +61 418 642 556