Appointment of Non-Executive Directors

PERTH, Australia, Aug. 23, 2026 (GLOBE NEWSWIRE) — Alkane Resources Limited (ASX: ALK, TSX: ALK, OTCQX: ALKRY) (‘Alkane’) is pleased to announce the appointments of Dr Jennifer Purdie and The Hon. Gabrielle Upton to the Alkane Board as independent Non-Executive Directors, with effect from today, 24 August 2026.

Dr Jennifer Purdie

Jennifer brings a wealth of expertise across mining, heavy manufacturing and energy sectors. During her time with BHP as Asset President Olympic Dam, she led the team to stabilise and significantly improve performance across the business, delivering successive production records and positioning the Asset for growth through the acquisition of Oz Minerals and subsequent mine and surface expansion projects that are now underway. She has also served as Executive GM, Gas Distribution with Jemena, as CEO of Adani’s Australian Renewables business and as Global Practice Leader, Technology Delivery for Rio Tinto.

Jennifer currently serves as a Non-Executive Director of Metro Mining Limited (ASX: MMI), Terra Metals Ltd (ASX: TM1) and Queensland’s water business Urban Utilities.

Jennifer holds a PhD in Engineering from the University of Auckland, and Executive MBA from the University of Queensland, is a Fellow of the Institute of Chemical Engineers (IChemE) and a member of Chief Executive Women.

Jennifer will also serve as a Member of the Company’s Audit and Risk Committee and Technical Committee.

Hon. Gabrielle Upton

Gabrielle is an experienced board director and former Senior NSW Cabinet Minister with international commercial experience in banking and law. She served as NSW Attorney General and Minister for the Environment after working in corporate finance with Deutsche Bank in New York and as a lawyer with Herbert Smith Freehills Kramer.

Gabrielle has extensive experience in governance, strategy, regulation, risk management and stakeholder engagement, including oversight of major investment decisions and complex organisations operating in capital-intensive and highly regulated environments.

Gabrielle is a Non-Executive Director of the Australian Olympic Committee’s Investment Management Services, The Florey Institute of Neuroscience, Netball Australia and O’Connell Street Associates. She also serves as an Advisor to law firm Mallesons. 

She previously served as Deputy Chancellor of the University of New South Wales and as a member of the Federal Government’s Corporate & Markets Advisory Committee.

Gabrielle is a Fellow of the Australian Institute of Company Directors and a member of Chief Executive Women.  

Gabrielle will also serve as a Member of the Company’s Nomination and Governance Committee and the Remuneration Committee.

Alkane’s Chairman, Andy Quinn, said:

“I am delighted to welcome Jennifer and Gabrielle to the Board of Alkane as independent Non-Executive Directors. Together, they bring a wealth of experience gained across careers in the resources industry, capital markets, complex regulated operations and the environment that will be invaluable as Alkane continues to grow as a gold and antimony producer.

Their appointments align perfectly with our objective to deliver long-term value for our shareholders and all other stakeholders, and I look forward to working with them both.”

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

ABOUT ALKANE ‐ alkres.com ‐ ASX:ALK | TSX: ALK | OTCQX: ALKRY

Alkane Resources (ASX:ALK; TSX:ALK; OTCQX:ALKRY) 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.

Interactive Analyst Centre™

Comprehensive financial, operational, resource and reserve information for Alkane Resources is available through the Interactive Analyst Centre™ located in the Investors section of our website at alkres.com.

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