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Alkane Resources Limited: Director Resignation

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Alkane Resources (OTC:ALKEF) announced on October 14, 2025 that Non-Executive Director Dominic Duffy has resigned from the Board to pursue other opportunities. The company said the Board is reviewing its composition and future appointments. Alkane Chair Andy Quinn thanked Mr Duffy for his contributions following the merger with Mandalay Resources, and the release was authorised by Managing Director Nic Earner.

This is a board-level personnel change; the company did not announce a replacement or indicate any immediate operational or financial impact.

Alkane Resources (OTC:ALKEF) ha annunciato il 14 ottobre 2025 che il Direttore Non Esecutivo Dominic Duffy si è dimesso dal Consiglio per perseguire altre opportunità. L'azienda ha detto che il Consiglio sta rivedendo la sua composizione e i futuri incarichi. Il presidente di Alkane, Andy Quinn, ha ringraziato il signor Duffy per i suoi contributi dopo la fusione con Mandalay Resources, e la comunicazione è stata autorizzata dall'amministratore delegato Nic Earner.

Questo è un cambiamento a livello di consiglio; l'azienda non ha annunciato un sostituto né indicato alcun impatto operativo o finanziario immediato.

Alkane Resources (OTC:ALKEF) anunció el 14 de octubre de 2025 que el Director No Ejecutivo Dominic Duffy ha renunciado a la Junta para buscar otras oportunidades. La empresa dijo que la Junta está revisando su composición y futuras incorporaciones. El presidente de Alkane, Andy Quinn, agradeció al señor Duffy por sus aportes tras la fusión con Mandalay Resources, y el comunicado fue autorizado por el director general Nic Earner.

Este es un cambio a nivel de junta; la empresa no anunció un sustituto ni indicó ningún impacto operativo o financiero inmediato.

Alkane Resources (OTC:ALKEF)2025년 10월 14일 비상임 이사 Dominic Duffy가 다른 기회를 추구하기 위해 이사회에서 사임했다고 발표했습니다. 회사는 이사회 구성을 검토 중이며 향후 임명을 고려하고 있다고 밝혔습니다. Alkane 의장 Andy Quinn은 Mandalay Resources와의 합병 이후 Duffy 씨의 기여에 대해 감사를 표했고, 발표는 상무 이사 Nic Earner의 승인 하에 이루어졌습니다.

이는 이사회 차원의 인사 변경으로, 회사는 교체 인사를 발표하지 않았으며 즉각적인 운영적 또는 재무적 영향도 언급하지 않았습니다.

Alkane Resources (OTC:ALKEF) a annoncé le 14 octobre 2025 que le directeur non exécutif Dominic Duffy a démissionné du conseil pour poursuivre d'autres opportunités. La société a déclaré que le conseil examine sa composition et ses futures nominations. Le président d'Alkane, Andy Quinn, a remercié M. Duffy pour ses contributions après la fusion avec Mandalay Resources, et le communiqué a été autorisé par le directeur général Nic Earner.

Il s'agit d'un changement au niveau du conseil; la société n'a annoncé aucun remplacement ni indiqué d'impact opérationnel ou financier immédiat.

Alkane Resources (OTC:ALKEF) gab am 14. Oktober 2025 bekannt, dass der nicht geschäftsführende Direktor Dominic Duffy aus dem Vorstand ausgeschieden ist, um andere Möglichkeiten zu verfolgen. Das Unternehmen sagte, der Vorstand prüft seine Zusammensetzung und zukünftige Ernennungen. Der Vorsitzende von Alkane, Andy Quinn, dankte Herrn Duffy für seine Beiträge nach der Fusion mit Mandalay Resources, und die Veröffentlichung wurde vom Geschäftsführer Nic Earner autorisiert.

Dies ist eine Veränderung auf Vorstandsebene; das Unternehmen kündigte keinen Ersatz an bzw. gab keinen unmittelbaren operativen oder finanziellen Einfluss an.

Alkane Resources (OTC:ALKEF) أعلنت في 14 أكتوبر 2025 أن المدير غير التنفيذي Dominic Duffy قد استقال من المجلس ليبحث عن فرص أخرى. قالت الشركة إن المجلس يراجع تشكيلته وتعييناته المستقبلية. كما شكر رئيس Alkane Andy Quinn السيد Duffy على مساهماته عقب الاندماج مع Mandalay Resources، وقد اعتمد البيان من قبل المدير التنفيذي Nic Earner.

هذا تغيير على مستوى المجلس؛ لم تعلن الشركة عن خلفٍ له أو تشير إلى أي أثر تشغيلي أو مالي فوري.

Alkane Resources (OTC:ALKEF)2025 年 10 月 14 日宣布,非执行董事 Dominic Duffy 已从董事会辞职,以寻求其他机会。公司表示董事会正在审议其构成及未来任命。Alkane 的董事长 Andy Quinn 对 Duffy 先生在与 Mandalay Resources 合并后的贡献表示感谢,公告经由总经理 Nic Earner 授权发布。

这是一次董事会层面的人员变动;公司未宣布替代人选,也未指明任何即时的运营或财务影响。

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PERTH, Australia, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Alkane Resources Limited (‘Alkane’) (ASX:ALK, TSX:ALK, OTC:ALKEF) advises that Non-Executive Director, Mr Dominic Duffy, has resigned from the Board of Alkane to pursue other opportunities.

Alkane Chair, Andy Quinn, said:

It has been a pleasure working with Dominic since he joined the Alkane Board following the completion of the merger with Mandalay Resources Corporation. On behalf of the Board, I thank him for his contributions and wish him every success in his future endeavours.

The Board is considering its composition and future appointments.

This document has been authorised for release to the market by Nic Earner, Managing Director.

ABOUT ALKANE alkres.comASX: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


FAQ

Who resigned from the Alkane Resources board on October 14, 2025 (ALKEF)?

Dominic Duffy resigned as Non-Executive Director on October 14, 2025.

Why did Dominic Duffy leave Alkane Resources (ALKEF)?

The company said Mr Duffy resigned to pursue other opportunities.

Did Alkane Resources (ALKEF) name a replacement for Dominic Duffy?

No replacement was named; the Board said it is considering its composition and future appointments.

Who authorised the market release about the Alkane board resignation (ALKEF)?

The announcement was authorised for release by Managing Director Nic Earner.

What did Alkane Chair Andy Quinn say about the resignation (ALKEF)?

Chair Andy Quinn thanked Mr Duffy for his contributions since the merger with Mandalay Resources and wished him success.
Alkane Resources

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