Two major proxy advisory firms have recommended that Allied Gold Corporation (NYSE: AAUC) shareholders vote in favor of the proposed acquisition by Zijin Gold International Company Limited, according to a company statement.

Institutional Shareholder Services and Glass Lewis & Co. both endorsed the arrangement resolution that would see Zijin Gold acquire all outstanding Allied Gold shares for C$44 per share in cash through a statutory plan of arrangement.

Allied Gold's board of directors unanimously recommends shareholders vote for the arrangement resolution after receiving advice from a special committee of independent directors. The board determined the arrangement is fair and reasonable to shareholders and in the company's best interests.

Shareholders will vote on the arrangement at a special meeting scheduled for March 31, 2026, at 11:00 a.m. Toronto time at St. Andrew's Lounge, 150 King Street West, Toronto. Shareholders of record as of February 23, 2026, are entitled to vote at the meeting.

The proxy voting deadline is March 27, 2026, at 11:00 a.m. Toronto time. Allied Gold's management information circular dated February 25, 2026, containing arrangement details and voting instructions, is available on SEDAR+ and the company's website.

Allied Gold operates three producing assets and development projects in Côte d'Ivoire, Mali, and Ethiopia. Zijin Gold, listed on the Hong Kong Stock Exchange, operates gold mines across nine countries and had a market capitalization of approximately $70 billion as of January 23, 2026.

Shareholders requiring voting assistance can contact proxy solicitation agent Laurel Hill Advisory Group at 1-877-452-7184 or [email protected].