Allied Gold Corporation

Thank you all for joining us this morning. Before I turn the call over, I need to advise that certain statements made during this call today may contain forward-looking information, and actual results could differ from the conclusions or projections in that forward-looking information, which include, but are not limited to, statements with respect to the estimation of mineral reserves and resources, the timing and amount of estimated future production, cost of production, capital expenditures, future metal prices, and the cost and timing of the development of new projects. For a complete discussion of the risks, uncertainties, and factors which may lead to actual financial results and performance being different from the estimates contained in the forward-looking statements, please refer to Allied Goals' press release issued yesterday announcing third quarter 2023 results. as well as the management's discussion and analysis for the same period in other regulatory filings in Canada. I would like to remind everyone that this conference call is being recorded and will be available for replay later on today. Replay information and the presentation slides accompanying this conference call and webcast are available on Allied Goal's website at alliedgoal.com. I will now turn the call over to Peter Maroney, Chairman and CEO. Please go ahead.

Thank you. I am accompanied on this first quarterly conference call by our senior management, including Daniel Racine, Basie Marie, Jason LeBlanc, Greg Winch, and Gwenaëlle Guillen. In early September, we completed our $267 million financing and subsequent public listing on the Toronto Stock Exchange. after an extended due diligence process that affirmed our belief in the significant upside present in Allied's portfolio of assets. This was followed by our decision to consolidate ownership in Kermuk and move forward with our development plans. These plans are anticipated to yield industry-leading growth at attractive costs, resulting in multiples of cash flow growth compared to production growth. Our management team has come from Yamana, Equinox, Barrick, Endeavor, AngloGold, and other leading precious metals companies. While management was formally appointed only late in Q3, on September 11th, we have already made progress on asset management and the pursuit of our growth. We have shifted the company's focus from asset accumulation to asset optimization, adding to that development of growth projects.

Daniel? Thank you, Peter, and good morning, everyone. I think it is important to reiterate what Peter just touched upon. During our extensive due diligence process, as Peter, myself, and the rest of the former Yamana principals integrated into Allied Management, committed significant personal capitals, and completed the public listing process, we spent considerable time affirming the quality of the existing team at Allied. With the current management we have here today, which includes additional seasoned mining executives from leading precious metal producers, we have appointed all the executives of the company and have rolled out the integrated management team. This ongoing integration and collaboration mark a significant milestone as we transition to evaluating our collective efforts on delivering asset optimization in the company's robust growth pipeline. Our focus has now shifted to the implementation of Operation Excellence Initiative, including streamlining processes across our sites, investigating in instrumentation, automation, and power generation upgrades, as well as depot connecting and digitization initiatives. Additionally, we are dedicated to enhancing our mine plants, refining great control, and mine planning processes. optimizing our supply chains, and effectively managing our mine contractors. Furthermore, we are structuring and strategizing our project development efforts, ensuring comprehensive controls are in place to drive our company's success forward. As we embark on this new chapter, I want to assure you that despite the transition and new beginnings, our unwavering commitment to health, safety, and sustainable development remains at the forefront of everything we do. While I will briefly highlight some of our sustainability initiatives to date, I'd like to take this opportunity to mention that Gwenaëlle Gilliam, Chief Sustainability Officer for Allied Gold Corporation, is here with us today. She's more than happy to address any question you may have regarding our sustainability initiative at the end of this call. Firstly, I'm pleased to report that our lost time injury rate stands at 0.37 for the first nine months of 2023. And serving the well-being of our employees is paramount. And we are committed to achieving even higher safety standards as we move forward. We have adopted a zero mindset when it comes to health and safety targets, leaving no room for compromise. Secondly, I'm proud to announce that we have had no environmental incident for the first three- and nine-month period ending September 30, 2023. This underscores our dedication to environment stewardship and our goal to minimize our ecological footprint. In addition to our safety and environmental achievements, I'm excited to share our commitment to the development and disclosure of the highlight first set of ESG targets. These targets will be applicable for the 2024 period. Our new management team is diligently working on a 100-day plan to enhance highlight already strong ESG approach and is working towards establishing a comprehensive framework addressing governance and ethics, people, community, and environmental goals. We recognize the importance of transparency and accountability in this process, and we will keep our stakeholders informed as we progress. Moreover, we are embracing national employment and gender equity targets to ensure inclusion and fairness across our operation. Diversity and equality are not just goals for us. They are integral parts of our operational ethos. Lastly, we are actively working on aligning our ESG framework with the World Gold Council Responsible Gold Mining Principle. We firmly believe that the mining industry, in collaboration with governments and communities, share the responsibility to collectively deliver positive sustainability outcomes. As we move forward, rest assured that our commitment to these principles will only strengthen not only because their environment leads to better operation results, but because it's the right thing to do. We are determined to make a positive impact not only in the mining sector, but also in the broader business community. Together with the support and collaboration of our employees, we are confident in achieving our shared goals of sustainability, responsibility, and progress. With that, I will end the call over to Vassi.