Orezone Gold Corporation announced the upcoming retirement of Michael Halvorson and Charles Oliver as part of the Company?s board succession plan. Mr. Halvorson, who has been a director of the Company since 2009 and Chair of the board since 2018, has announced to the Company that he will retire from the Chair position and not stand for re-election at the annual general meeting of shareholders to be held on June 7, 2024 (the ?AGM?). As recognition for his significant contributions to the Company, the board of directors has conferred to Mr. Halvorson the honorary status of Chair Emeritus and Special Advisor to the executive leadership of the Company.

Mr. Oliver, who has been a director of the Company since 2017, has announced his pending retirement from the board as he will not stand for re-election at the AGM. Mr. Oliver made invaluable contributions to Orezone with his deep experience of the gold market and through his fundamental understanding of how companies should be managed and guided through development and into operations. His counsel was much appreciated and played a pivotal role in the Board?s oversight in the last seven years.