Reunion Gold Corporation announced that, further to its news release of February 13, 2023, it has settled the claim brought by Barrick Gold Corporation on a mutually acceptable basis. The Company and Barrick have agreed that the Strategic Alliance Agreement entered into by them on February 3, 2019 has been terminated. The parties have no outstanding obligations under the Alliance Agreement, and there are no properties subject to the Alliance Agreement.

A consent dismissal order will be entered in the Ontario Superior Court to dismiss the claim.