Market Signal Briefing

NVDA Technical Analysis
Nvidia looks like a stock that has found a bit of a bottom there on Tuesday at the $170 level, which makes sense. It’s been supported multiple times. And on Thursday, of course, it was not trading. It was Thanksgiving in the United States. Ultimately, I think we are in the midst of trying to form a bottoming pattern. Short-term pullbacks, I do believe, offer buying opportunities. And this is a market that I would never really consider shorting, at least not in this current environment. I think we are trying to, much like the larger market, form some type of consolidation area with a slightly bullish presence as we head into the holidays. So, I’m a buyer on dips. I think Nvidia will eventually test $200 again.

AMD Technical Analysis
Advanced Micro Devices, or AMD, looks very much the same, as $200 is its current floor. We are hanging around the 50-day EMA, so maybe we get a little bit of a squeeze here, but I still think you have an opportunity on dips to pick up value. If we do break down, the 200-day EMA is just above the $170 level, which is basically where the gap is from a couple of months ago. So, watch that. But I also recognize that in general, this whole sector moves together. And this looks to me like a sector that is trying to rally. $260 could be your destination eventually, although we’ll have to wait and see whether or not we have that kind of momentum. Pay attention to $233. The candlestick from the 20th, pretty ugly, so getting above there would be a huge victory for AMD.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.

Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.

It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.

Magna (MGA - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:

Investors' growing interest in a stock is reflected in its recent price increase. A price change of 7.3% over the past four weeks positions the stock of this automotive supply company well in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. MGA meets this criterion too, as the stock gained 8.5% over the past 12 weeks.

Moreover, the momentum for MGA is fast paced, as the stock currently has a beta of 1.59. This indicates that the stock moves 59% higher than the market in either direction.

Given this price performance, it is no surprise that MGA has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped MGA earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Most importantly, despite possessing fast-paced momentum features, MGA is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. MGA is currently trading at 0.33 times its sales. In other words, investors need to pay only 33 cents for each dollar of sales.

So, MGA appears to have plenty of room to run, and that too at a fast pace.

In addition to MGA, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

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Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."

Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.

It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.

Guess (GES - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:

Investors' growing interest in a stock is reflected in its recent price increase. A price change of 0.1% over the past four weeks positions the stock of this clothing company well in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. GES meets this criterion too, as the stock gained 1.4% over the past 12 weeks.

Moreover, the momentum for GES is fast paced, as the stock currently has a beta of 1.28. This indicates that the stock moves 28% higher than the market in either direction.

Given this price performance, it is no surprise that GES has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped GES earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Most importantly, despite possessing fast-paced momentum features, GES is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. GES is currently trading at 0.28 times its sales. In other words, investors need to pay only 28 cents for each dollar of sales.

So, GES appears to have plenty of room to run, and that too at a fast pace.

In addition to GES, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

Click here to sign up for a free trial to the Research Wizard today.

Key Takeaways T deployed EchoStar's mid-band spectrum to 23,000 sites, covering nearly two-thirds of the U.S. population.This integration improved download speeds by 80% for mobility and 55% for AT&T Internet Air users.The $23B deal reduces capital needs by avoiding new site builds while expanding 5G and fixed wireless reach.
Pursuant to a short-term spectrum manager lease agreement, AT&T Inc. (T - Free Report) has deployed mid-band (3.45 GHz) spectrum from EchoStar Corporation (SATS - Free Report) to nearly 23,000 cell sites across the country, covering almost two-thirds of the U.S. population. This has helped the company unlock network efficiency, resulting in significant increases in speed and capacity for streaming, gaming and bandwidth-intensive applications for customers in more than 5,300 cities across 48 states.

The integration of this mid-band spectrum has reportedly led to an 80% improvement in download speeds for mobility and 55% for AT&T Internet Air. The deployment is part of a $23 billion deal to acquire approximately 20 MHz of nationwide 600 MHz low-band spectrum and about 30 MHz of nationwide 3.45 GHz mid-band spectrum from EchoStar. The transaction is expected to close in mid-2026, subject to mandatory closing conditions and regulatory approvals. In addition to augmenting its regional footprint and expanding its customer base, the proposed spectrum buyout eliminates the need to construct additional cell sites for network capacity expansion. This significantly reduces capital investment requirements and drives long-term operational efficiency.

The deployment aligns with the company’s converged connectivity push. The spectrum boost has strengthened its 5G offerings, and when paired with its growing fiber footprint, has positioned the company to meet the critical connectivity needs of consumers, small businesses and first responders. The enhanced network infrastructure has also allowed AT&T to support highly demanding AI applications and IoT devices, while accelerating the expansion of its fixed wireless services, AT&T Internet Air.

How are Competitors Faring?T-Mobile US, Inc. (TMUS - Free Report) boasts a strong position in the 5G market. The company’s 5G network covers 98% or 330 million people in the country. T-Mobile continues to deploy 5G with the mid-band 2.5 GHz spectrum from Sprint. The 2.5 GHz provides fast delivery, superfast speeds and extensive coverage with signals that go through walls and trees, unlike 5G networks, which are controlled by the mmWave spectrum.

Verizon Communications, Inc. (VZ - Free Report) holds a total of 2,035 MHz of spectrum with the acquisition of C-band spectrum – 294 MHz in Sub 6 GHz spectrum (low and mid band) and 1,741 MHz of mmWave spectrum (high band). The low-band spectrum (nationwide 700 MHz licenses and 850 MHz spectrum) continues to provide one of the best connectivity experiences in the industry and supports nationwide 5G service, giving customers in more than 2,700 markets access to 5G. Verizon is rapidly deploying new C-band equipment on macro towers to expedite the expansion of 5G ultra-wideband.

T’s Price Performance, Valuation and EstimatesAT&T has gained 11% over the past year against the industry’s decline of 8.2%

Image Source: Zacks Investment Research

From a valuation standpoint, AT&T trades at a forward price-to-sales ratio of 1.45, below the industry tally of 1.86.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for AT&T’s earnings for 2025 has moved northward over the past 60 days.
 

Image Source: Zacks Investment Research

AT&T currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

PLD rallies as demand for its global logistics hubs and data-center conversions drives growth amid leasing delays and elevated interest expenses.

After a brutal November that shocked the entire crypto market, Bitcoin finally shows signs of stabilisation. The leading cryptocurrency crashed from ~$120K down to $82K, wiping out billions and sending altcoins into deep, oversold territory.

This week, $BTC is slowly adjusting higher again, reclaiming the mid-$90K zone and showing early momentum on the hourly and 24h chart. Historically, every time Bitcoin recovers from a major flush, altcoins pump harder and faster — and December 2025 looks like it’s setting up the same pattern.

With many top alts down -20% to -40% in the last seven days, the risk-to-reward is becoming extremely attractive.

Bitcoin Market Overview: Crash From 120K, Bounce From 82KThe BTCUSD chart clearly show the scale of the move:

$Bitcoin dropped from ~$120,000 at the beginning of NovemberFound strong buyer support at ~$82,000Has now recovered back above $91,50024h performance: +5.42%Weekly performance shows a clear stabilisation phase

Bitcoin price in USD over the 6-months - TradingView

As Bitcoin recovers, liquidity rotates quickly into altcoins. This week’s charts show $Ethereum, $XRP, $BNB, $Solana, and even meme coins turning green after the market-wide collapse.

This is typically the moment where oversold altcoins outperform Bitcoin, especially those that suffered the heaviest drawdowns.

Top 5 Altcoins to Buy in December 2025Below are the five altcoins with the strongest rebound setups for December.

1. MemeCore (M) – The Oversold Leader Ready for a BouncePrice: $1.2624h: -30.23%7d: -39.44%MemeCore suffered one of the largest weekly crashes in the entire altcoin market. But high-volume meme coins typically recover fast when Bitcoin stabilizes. With strong community backing and deep liquidity, MemeCore is positioned for a sharp V-shaped reversal once BTC pushes above $95K.

Why Buy: Extreme oversold levels + high volatility = explosive bounce potential.

2. Aptos (APT) – Strong Fundamentals, Heavy DiscountPrice: $2.257d: -24.64%Aptos tanked with the rest of the L1 ecosystem but kept strong developer activity and high user metrics. Historically, APT recovers fast after market crashes, especially when ETH and SOL start trending.

Why Buy: Deep correction + strong L1 fundamentals + proven comeback performance.

3. Zcash (ZEC) – Privacy Blue Chip With Massive Weekly DropPrice: $515.207d: -23.09%ZEC is one of the most undervalued privacy coins, and its latest crash presents a rare entry. The Zcash ecosystem remains active, and privacy coins tend to surge in macro uncertainty — exactly what the market is experiencing now.

Why Buy: High-quality privacy project with strong rebound patterns.

4. Dash (DASH) – Old-School Coin, New Rebound SetupPrice: $63.1024h: +7.61%7d: -18.70%Dash is already showing the first signs of reversal, outperforming many other alts in the last 24 hours. This is often the earliest signal that momentum is shifting.

Why Buy: Strength returning early + historically strong bounce behaviour.

5. Telcoin (TEL) – High-Risk, High-Reward Recovery PlayPrice: $0.00526924h: +7.63%7d: -15.82%Telcoin looks heavily oversold after the recent market crash. TEL historically performs well during market rotations, especially when BTC stabilizes.

Why Buy: Low price, strong 24h reversal, and high upside during market recoveries.

Thu, 27/11/2025 - 13:07

Trader who spotted 700% XRP run says Bitcoin now has only a few days before one monthly level will decide if the market sees a rebound or sinks into "crypto winter.".

Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

A top trader known online as DonAlt revealed his updated view on the Bitcoin price outlook, and surprisingly, despite all the mess that October and November brought to the crypto market, DonAlt suggests a bullish setup for BTC. 

His read is simple — the BTC price chart looks damaged on high time frames, the pullback wiped confidence clean across desks, but one level can still flip the whole picture back into shape if bulls prove their ambitions this week.

For the trader, that level is the monthly reclamation around $93,500, a zone that turned into a short-term battlefield after BTC slipped under it and dragged sentiment with it, and now everything hangs on whether the price can get back above it before the monthly candle closes. 

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Source: DonAltDonAlt treats this potential reclamation as the line between a controlled correction and a deeper leg that forces the market to revisit supports nobody wanted to see again this year, basically triggering "crypto winter."

700% for XRP, but how much for BTC?That is the same trader who publicly spotted the early XRP structure years ago, before the token went on that wild 700% run in early 2025 and eventually hit a new all-time high above $3.50. 

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If Bitcoin fails a reclaim, the narrative flips. Sellers regain control, liquidity dries out and the path to midrange supports that were barely tested on the way up is open to the cryptocurrency. 

But if bulls manage to pull the monthly close back over that key level, DonAlt says the entire structure immediately looks more acceptable again, and it is all summed up in the finishing line of the outlook: the next few days are crucial.

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Price action remains stable, consolidating below $900, amid tension between weak fundamentals and upcoming upgrades.

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Thu, 27/11/2025 - 13:15

Shiba Inu is in a complicated spot, where almost anything can happen to it as exchange inflows spike up.

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Shiba Inu recently saw about 200 billion SHIB return to exchanges, increasing the total exchange reserves to about 81.65 trillion. After a few days of consistent outflows, that is a discernible increase. Historically, large-scale SHIB inflows have typically indicated that supply is getting ready to meet demand.

SHIB is not bullishThis inflow is occurring at the exact moment that the price is attempting a precarious recovery between $0.0000085 and $0.0000087, which makes the timing significant. SHIB is still clearly below all of the major EMAs (50, 100 and 200) on the chart, and the slope on each of them is still very bearish. The recent bounce was a technical response to oversold conditions rather than a structure-breaking reversal, so the downtrend has not been invalidated.

SHIB/USDT Chart by TradingViewAlthough the RSI has recovered from its sub-30 peak, a shift in momentum is still far off. Since early October, SHIB has been trading below the channel resistance, which has been rejecting the price. In light of this, the increase in exchange reserves appears to be more indicative of possible sell-side preparation than accumulation.

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While adding 200 billion SHIB to exchanges usually results in more liquidity for hedging or profit-taking, it does not always imply distribution. Coins are rarely moved onto exchanges by large holders unintentionally.

What does this mean?Scenario 1: Bearish continuation (likely in the near future). SHIB may retest support at $0.0000080 or even move toward the next liquidity pocket at $0.0000074 if this inflow is ahead of a sell wave. This conclusion is still supported by the trend structure.

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Neutral/Chop Scenario 2: SHIB is likely to compress between $0.0000082 and $0.0000090, creating a short-term range until either BTC volatility forces a direction or SHIB's volume picks up again if the inflow is market-maker repositioning rather than aggressive selling.

Scenario 3: Bullish break (presently low probability). SHIB requires the following in order to turn bullish: a reimbursement of $0.0000095, a close above the 50 EMA every day and a persistent decline in exchange reserves (trend of actual withdrawals).

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Now, Bitcoin’s exchange order books show reduced sell pressure, while Coinbase premium edges back after weeks of decline. Meanwhile, futures funding rates have turned slightly negative, pointing to easing imbalance between shorts and spot demand.

Coinbase Ventures Targets Nine Crypto Sectors for 2026Coinbase Ventures outlined nine cryptocurrency sectors it wants to fund in 2026, focusing on real-world assets, next-generation trading infrastructure, decentralized finance, privacy and machine-driven data.

Coinbase Ventures 2026 Focus Areas. Source: Tim Haldorsson on X

The firm highlighted real-world asset perpetual markets, describing the trend as the “perpification of everything.” At the same time, it pointed to alternative, prop-focused automated market makers and prediction market trading terminals as part of a broader push into specialized exchanges and new trading tools.

Next, Coinbase Ventures emphasized composable perpetual markets and unsecured on-chain credit, signaling a focus on lending models that do not rely on traditional collateral. It also named on-chain privacy and proof-of-humanity frameworks as priorities, saying decentralized finance will increasingly mix with identity and privacy tools.

Later, the firm added robotics data captured through DePIN incentives and AI agents for on-chain development, security and smart-contract engineering, expanding its thesis to machine and robotics data pipelines tied to blockchain.

Bitcoin Funding Shows Fading Sell Pressure on CoinbaseCoinbase premium for Bitcoin is returning while funding rates on major futures venues have turned negative, according to Daan Crypto Trades, signaling easing spot selling pressure after weeks of heavy outflows.

Bitcoin Funding Coinbase Premium Chart. Source: Daan Crypto Trades

“Spot selling pressure is easing significantly compared to the 2 weeks prior,” the analyst wrote on X. He said sell intensity is fading when measured against the pressure that dominated exchange books earlier this month.

He cautioned that the shift alone is not enough to move price. “You'll obviously still need to see actual bid to move price,” he wrote, adding that earlier sell pressure was so strong that “no bid could withstand that.”

On a 4-hour BTC/USDT chart from Binance Futures, Bitcoin trades near the 91,339 dollar level after a sharp drop from November highs. Beneath the candles, aggregated funding rates averaged over eight hours remain slightly negative at –0.0007, while Coinbase premium shows a deeper negative skew at –0.0135 over the same period.

Large custodial platforms logged muted on-chain receipts compared with early-November deposit spikes. In contrast, liquidity moving back into Coinbase’s spot markets has tightened the spread between global futures pricing and venue-specific premium bands

November marked the launch of U.S. XRP ETFs. This catalyst significantly boosted market demand for XRP. It also played a crucial role in helping XRP resist selling pressure driven by the overall negative market sentiment.

This shift left several notable on-chain signals. Analysts interpret these indicators as a positive sign for XRP to maintain its upward momentum.

How Did ETF Demand Drive XRP Accumulation on Exchanges in November?On-chain data from CryptoQuant, as of November 27, 2025, indicated that the XRP balance held on Binance had dropped to a 12-month low of 2.71 billion XRP.

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A closer look at the chart indicated that Binance’s XRP reserves began declining after November 14. Approximately 100 million XRP was withdrawn from the exchange. This phase aligned precisely with the official launch of spot XRP ETFs in the United States.

XRP Exchange Reserve – Binance. Source: CryptoQuant.SoSoValue data also showed that from November 14 onward, four XRP ETFs — Canary, Bitwise, Grayscale, and Franklin — recorded positive net inflows for nine consecutive days. As a result, the total assets held by these ETFs exceeded $670 million.

XRP ETF Daily Total Net Inflow. Source: SoSoValueBuying pressure is expected to strengthen further in the coming days. Analysts anticipate that the 21Shares XRP ETF will soon be listed.

CryptoQuant analyst Darfost noted in his latest analysis that the sharp decline in XRP reserves on Binance, following the launch of a spot ETF, indicates that more XRP is being transferred into the hands of long-term holders.

“Fewer tokens available on trading platforms, combined with growing institutional demand, create a potentially powerful setup. If this trend continues, XRP could move into a more structured phase with an expanding institutional interest.” Darfost explained.

However, analyst Vincent Van Code provided a more in-depth explanation of the relationship between XRP ETFs and overall market demand.

He argued that ETF purchases from open markets do not always immediately push prices up. ETF demand must absorb the volume of XRP that Ripple unlocks from its escrow supply.

“Don’t forget ETF managers cannot buy XRP directly from Ripple or from escrow due to court injunction. They must buy from the open market. This means price may not rise sharply at first, as Ripple sells its monthly escrow while ETFs absorb supply at a similar pace.” Vincent explained.

Recent analysis from BeInCrypto emphasized the importance of the 2 USD price level. Holding above this zone could signal a foundation for further upside movement in the days ahead.

TL;DR:

Cathie Wood predicts crypto liquidity will rebound within weeks, potentially reopening capital flows.
ARK has increased exposure to crypto-linked equities during market stress, betting on discounted valuations.
Bitcoin’s $1.5 million long-term target remains, premised on structural strength and expected macro turnaround.

As digital-asset markets continue to feel the strain of liquidity constraints and macroeconomic headwinds, a prominent investor remains unwavering in her long-term conviction. Cathie Wood projects that the current liquidity squeeze across crypto markets will ease within weeks, offering hope that capital inflows could revive asset prices and renewed confidence might follow. Her stance shines a light on the possibility that what looks like a downturn could soon shift into early signs of recovery.

In this recent webinar, I discuss why the liquidity squeeze that has hit #AI and #crypto will reverse in the next few weeks, something the markets seemed to buy, and why AI is not in a bubble. The 123% increase noted below was in Palantir’s US commercial business last qtr.

Watch… https://t.co/GdBZtEQcxM

— Cathie Wood (@CathieDWood) November 26, 2025

Signals of liquidity rebound and growing institutional confidence
The recent slowdown in crypto and related equities is widely viewed as the result of tighter monetary policy rather than flaws in blockchain infrastructure. Wood argues that easing conditions from upcoming central-bank updates could release locked capital, which many institutions are currently holding in reserve or waiting on the sidelines to re-deploy. This anticipated shift may unlock fresh demand across major crypto assets as investors reassess values under improved macroeconomic clarity.

In parallel, the firm has already taken action. ARK has reportedly increased its exposure to crypto-linked equities on days when market stress is high, a strategic move suggesting confidence in discounted valuations and long-term upside. The reallocation of institutional funds during trough periods underlines a belief that the market is closer to a turning point than many expect.

https://t.co/A1PDSrCSZd

— ARK Invest (@ARKInvest) November 26, 2025

For Bitcoin, in particular, the long-term outlook remains optimistic. The firm continues to stand by a bullish target of $1.5 million, citing Bitcoin’s structural strengths—scarcity, adoption growth, and resilient network fundamentals—as key pillars for its long-term thesis. This target persists even as short-term volatility and bearish sentiment dominate headlines, reflecting a belief in a multi-year growth trajectory rather than quick rebounds.

That said, the road ahead is not without risk. The timing and extent of liquidity recovery remain uncertain, and renewed macroeconomic pressure or regulatory developments could delay or derail the expected inflows. But for now, the combination of renewed buying interest, structural conviction, and macro anticipation offers a compelling case for cautious optimism.

This evolving scenario suggests a window may be opening for digital assets to recover value. If liquidity returns and confidence rebuilds, this period of distress could mark the bottom of the cycle, giving both retail and institutional investors an opportunity to reposition ahead of a potential rebound.

Bitcoin traders are tracking three long-term signals as price sits between a reclaimed support line and a crucial resistance zone. A four-year trendline flip, a key barrier near 91,000 dollars, and a weekly hidden bullish divergence together suggest the current cycle may still have room to run.

BTC Reclaims 4-Year Trendline as SupportBitcoin has returned to a four-year trendline that previously acted as major resistance on the weekly BTC/USDT chart.

Bitcoin 1W Multi-Year Trendline Hold. Source: TradingView / X

The chart shows price holding near the diagonal line that capped rallies in 2021 and 2022 and later guided the advance into the 2024–2025 highs. Recent candles sit just above this level, marked as macro support, after the latest pullback.

Crypto analyst @ardizor highlighted the move on X, writing that “$BTC is back on the 4-year trendline” and that “resistance finally turned support.” He described the structure as “mega bullish longterm,” pointing to the trendline hold as a signal that the broader uptrend remains in place despite recent volatility.

Analyst Says Bitcoin Near Crucial Resistance With Path to $100KBitcoin is approaching a key resistance zone that could reopen a path to $100,000 if it breaks, according to trader Michaël van de Poppe. His latest BTC/USDT chart shows price pushing into the first “crucial resistance zone” after a sharp rebound from recent lows.

Bitcoin Crucial Resistance Zone Near $91K. Source: Michaël van de Poppe

Van de Poppe wrote that he views the move as a “pretty strong bounce upwards” but wants to see consolidation below resistance before any breakout. In his view, a clean move through this band would signal that downside pressure is fading and that the market trend is turning back upward.

He added that a retest near $88,000 would not surprise him and could still fit a constructive structure. However, he said that if the current level holds and breaks higher, the odds increase that Bitcoin has already set its cycle low. “The cycle is far from over,” he concluded.

Meanwhile, Bitcoin printed a hidden weekly bullish divergence on the one-week BTC/USD index chart, analyst Cas Abbé wrote on X.

Bitcoin Weekly Hidden Bullish Divergence. Source: X

A hidden bullish divergence forms when price builds higher lows while the momentum oscillator draws lower lows. The pattern often appears during trend continuation phases, not trend reversal. Abbé connected his call to previous signals, saying the last two similar prints were followed by rallies near 100%.

The chart highlights a series of higher-low ranges framed inside gold boxes, marking prior continuation swings within the broader multi-year channel. Those prior bounces, marked on the lower momentum pane, weakened temporarily yet did not invalidate the directional sequence that resumed afterward.

Abbé’s note framed the signal as evidence that weekly momentum has cooled earlier without breaking trend structure. As a result, analysts widely treat the divergence as a continuation indicator when combined with a rising diagonal price floor, seen multiple times in prior cycles.

Hedera’s HBAR has been reinstated to the Coinbase 50 Index, restoring its inclusion in the KraneShares Coinbase 50 ETF and COIN50 perpetuals as trading volume and price strengthen above resistance.

Summary

HBAR’s return to the Coinbase 50 Index means renewed exposure via the KraneShares Coinbase 50 ETF and the COIN50-PERP product.​
The token was initially in the index at its late‑2024 launch but was removed amid questions over permissionless consensus criteria.​
Hedera uses hashgraph consensus focused on speed and efficiency, targeting enterprise-grade decentralized applications and payments.

Hedera’s HBAR token has been reinstated to the Coinbase 50 Index after being removed shortly following the index’s initial launch, according to index documentation.

The re-inclusion means HBAR (HBAR) will be incorporated into financial products tracking the COIN50 index, including the KraneShares Coinbase 50 ETF and the Coinbase 50 Index Perpetual Future (COIN50-PERP).

HBAR was initially included when the index launched in late 2024 but was subsequently removed. The reasons for the original removal were not officially disclosed, though market observers noted speculation regarding whether the token met the index’s permissionless consensus requirements.

On November 26, 2025, Hedera experienced increased trading volume and price movement, with the token surpassing technical resistance levels, according to market data.

Hedera and Coinbase team up
The Coinbase 50 Index is a market-weighted index that tracks up to 50 of the largest and most liquid digital assets traded on the Coinbase exchange. Launched in November 2024, the index undergoes quarterly rebalancing to reflect market changes.

HBAR serves as the native cryptocurrency of the Hedera network, which utilizes hashgraph consensus technology rather than traditional blockchain architecture. The network is designed for decentralized applications and processes network payments.

The token’s inclusion in the KraneShares Coinbase 50 ETF provides exposure to HBAR through a regulated investment vehicle. The ETF structure allows traditional investors to gain access to the cryptocurrency through conventional brokerage accounts.

Hedera’s hashgraph consensus mechanism operates with different technical specifications than proof-of-work or proof-of-stake blockchains, focusing on transaction speed and network efficiency for enterprise use cases.

19 minutes ago

The reversal was driven by the 21Shares Solana ETF (TSOL), which saw over $34 million in withdrawals in a single day.

119

US spot Solana exchange-traded funds (ETFs) broke their flawless inflow streak on Wednesday, recording $8.1 million in net outflows, their first day in the red since launch, according to ETF data provider SoSoValue. 

A single ETF product largely drove the pullback, the 21Shares Solana ETF (TSOL), which experienced over $34 million in outflows. The ETF has recorded cumulative net outflows of $26 million since launch and has net assets of $86 million.

The rest of the SOL ETFs performed well, absorbing much of the outflows by TSOL. The Bitwise Solana Staking ETF (BSOL) continued to dominate with a $13.33 million single-day intake, lifting its cumulative inflows to $527.79 million

The Grayscale Solana Trust (GSOL) also recorded a positive day with $10.42 million coming in, while the Fidelity Solana Fund (FSOL) posted $2.51 million in inflows. Data provider Solana Strategic Reserve showed that SOL ETFs hold about 6.83 million Solana tokens, valued at around $964 million. 

Solana ETF performance data. Source SoSoValueXRP ETFs maintain perfect streak while DOGE ETFs disappointWhile Solana ETFs broke their perfect streak, the newly launched XRP ETF products have yet to see an outflow day. SoSoValue data showed that XRP ETFs have only logged daily inflows, reaching a cumulative total net inflow of $643 million. 

On Wednesday, the Bitwise XRP ETF (XRP) led the pack with a $7.4 million inflow, while Canary’s XRPC ETF followed with $5.2 million. Franklin Templeton’s XRPZ and Grayscale's GXRP saw similar inflows of about $4 million. 

XRP inflows and cumulative net assets. Source: SoSoValueMeanwhile, the much-anticipated Dogecoin (DOGE) ETFs, which hold the top memecoin cryptocurrency, underperformed after their launch. 

On Monday, the New York Stock Exchange (NYSE) approved the listing of the Grayscale Dogecoin Trust ETF (GDOG). Bloomberg ETF analyst Eric Balchunas predicted a debut performance of about $11 million for GDOG. However, the asset fell short. 

On its first day, the GDOG ETF only generated $1.4 million in volume, which was significantly below the analyst’s expectations. The ETF analyst said this was “solid” for an average launch, but was low for a first-ever spot product. 

According to SoSoValue data, the GDOG ETF recorded a net inflow of $1.8 million on Tuesday. While the inflow was already low, it fell to just $365,000 on its second day of trading, an 80% decline. 

Magazine: Ethereum’s Fusaka fork explained for dummies: What the hell is PeerDAS?

Bitcoin is flirting with fresh highs, trading between $90,658 to $91,394 after brushing up against a $91,849 peak in the past 24 hours. With a market capitalization of $1.823 trillion and a roaring 24-hour trading volume of $77.

The Global X U.S. Infrastructure Development ETF (PAVE - Free Report) was launched on March 6, 2017, and is a passively managed exchange traded fund designed to offer broad exposure to the Utilities - Infrastructure segment of the equity market.

An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.

Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. Utilities - Infrastructure is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 3, placing it in top 19%.

Index DetailsThe fund is sponsored by Global X Management. It has amassed assets over $9.81 billion, making it one of the largest ETFs attempting to match the performance of the Utilities - Infrastructure segment of the equity market. PAVE seeks to match the performance of the INDXX U.S. Infrastructure Development Index before fees and expenses.

The INDXX U.S. Infrastructure Development Index measure the performance of U.S. listed companies that provide exposure to domestic infrastructure development, including companies involved in construction and engineering; production of infrastructure raw materials, composites and products; industrial transportation; and producers/distributors of heavy construction equipment.

CostsSince cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.

Annual operating expenses for this ETF are 0.47%, making it on par with most peer products in the space.

It has a 12-month trailing dividend yield of 0.52%.

Sector Exposure and Top HoldingsEven though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.

This ETF has heaviest allocation in the Industrials sector -- about 74.2% of the portfolio. Materials and Utilities round out the top three.

Looking at individual holdings, Howmet Aerospace Inc (HWM) accounts for about 4.54% of total assets, followed by Quanta Services Inc (PWR) and Parker Hannifin Corp (PH).

The top 10 holdings account for about 32.73% of total assets under management.

Performance and RiskYear-to-date, the Global X U.S. Infrastructure Development ETF has added about 19.8% so far, and was up about 5.93% over the last 12 months (as of 11/27/2025). PAVE has traded between $33.78 and $48.56 in this past 52-week period.

The ETF has a beta of 1.28 and standard deviation of 20.11% for the trailing three-year period. With about 101 holdings, it effectively diversifies company-specific risk.

AlternativesGlobal X U.S. Infrastructure Development ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, PAVE is an outstanding option for investors seeking exposure to the Utilities/Infrastructure ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) tracks NASDAQ OMX Clean Edge Smart Grid Infrastructure Index and the iShares Global Infrastructure ETF (IGF) tracks S&P Global Infrastructure Index. First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF has $4.78 billion in assets, iShares Global Infrastructure ETF has $8.91 billion. GRID has an expense ratio of 0.56%, and IGF charges 0.39%.

Bottom LineTo learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.

Not for distribution to U.S. news wire services or dissemination in the United States

WINNIPEG, Manitoba, Nov. 27, 2025 (GLOBE NEWSWIRE) -- Kane Biotech Inc. (TSX-V:KNE) (“Kane Biotech”, “Kane” or the “Company”) today announces its intention to undertake a non-brokered private placement offering (the “Offering”) of up to 16 million common shares (“Shares”) at a price of $0.05 per Share for gross proceeds of up to $800,000.

The net proceeds of the Offering will be used for working capital and general corporate purposes. Certain insiders of Kane Biotech may participate in the Offering. Closing of the Offering is expected to take place on or about December 17, 2025.

All Shares issued in connection with the Offering are subject to a hold period of four-months and one day from the date of issuance.

The Offering is subject to receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. These securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.

About Kane Biotech Inc. (TSX-V: KNE)

Kane Biotech is developing novel wound care treatments that disrupt biofilms and transform healing outcomes. Biofilms are one of the main contributors to antibiotic resistance in wounds which results in serious clinical outcomes and significant cost. revyve® addresses both biofilms and wound bacteria. revyve® Antimicrobial Wound Gel and revyve® Antimicrobial Wound Gel Spray are US FDA 510(k) cleared. revyve® Antimicrobial Wound Gel is Health Canada approved. To learn more about revyve, visit revyvegel.com or revyvegel.ca.

Join Kane’s Distribution List & Social Media:

To stay informed on the latest developments, sign-up for the Company’s email distribution list HERE.

Follow Kane

Website: kanebiotech.com

LinkedIn: https://www.linkedin.com/company/kanebiotech/

Presentations: https://kanebiotech.com/publications-posters/

For more information:  Dr. Robert Huizinga Ray DupuisInterim CEOChief Financial Officer Kane Biotech Inc.Kane Biotech [email protected]@kanebiotech.com(780) 970-1100 (204) 298-2200
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Information
This press release contains certain statements regarding Kane Biotech Inc. that constitute forward-looking information under applicable securities law. These statements reflect management’s current beliefs and are based on information currently available to management. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. These risks and uncertainties include, but are not limited to, risks relating to the Company’s: (a) financial condition, including lack of significant revenues to date and reliance on equity and other financing; (b) business, including its early stage of development, government regulation, market acceptance for its products, rapid technological change and dependence on key personnel; (c) intellectual property including the ability of the Company to protect its intellectual property and dependence on its strategic partners; and (d) capital structure, including its lack of dividends on its common shares, volatility of the market price of its common shares and public company costs. Further information about these and other risks and uncertainties can be found in the disclosure documents filed by the Company with applicable securities regulatory authorities, available at www.sedarplus.ca. The Company cautions that the foregoing list of factors that may affect future results is not exhaustive.

The Trade Desk stock is trading near its 52-week low.

The Trade Desk (TTD 0.06%) stock investors are concerned about leadership changes and increasing competition.

*Stock prices used were the afternoon prices of Nov. 23, 2025. The video was published on Nov. 25, 2025.

Parkev Tatevosian, CFA has positions in The Trade Desk. The Motley Fool has positions in and recommends The Trade Desk. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Nvidia stock investors can celebrate these developments.

Nvidia (NVDA +1.42%) is exceeding expectations in nearly every important financial metric.

*Stock prices used were the afternoon prices of Nov. 23, 2025. The video was published on Nov. 25, 2025.

Parkev Tatevosian, CFA has positions in Nvidia. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

MONTREAL, Nov. 27, 2025 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX: DNG) ("Dynacor" or the "Corporation") announced its monthly dividend payment for December 2025 in the amount of C$0.01333 per common share which will be payable on December 19, 2025, to shareholders of record as of the close of business on December 9, 2025. This dividend represents the sixty-ninth (69th) dividend and fifty-ninth (59th) monthly dividend payment made to shareholders.

The Corporation’s monthly dividend qualifies as an “eligible dividend” for Canadian income tax purposes. The payment and increase of dividends are at the discretion of the Board and will depend on the Corporation’s financial results, cash requirements, prospects and other factors deemed relevant by the Board.

About Dynacor

Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru. The company is expanding to West Africa and within Latin America.

The premium paid by luxury jewellers for Dynacor’s PX Impact® gold goes to Fidamar Foundation, an NGO that mainly invests in health and education projects for artisanal mining communities in Peru. Visit www.dynacor.com for more information.

Forward-Looking Information

Certain statements in the preceding may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Dynacor, or industry results, to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statements. These statements reflect management’s current expectations regarding future events and operating performance as of the date of this news release.

Contact:

Renmark Financial Communications Inc.
Bettina Filippone
T: (416) 644-2020 or (212) 812-7680
E: [email protected]  
Website: www.renmarkfinancial.com

TORONTO, Nov. 27, 2025 (GLOBE NEWSWIRE) -- Allied Gold Corporation (TSX: AAUC, NYSE: AAUC) (“Allied” or the “Company”) is pleased to provide an update on the ongoing exploration and development activities at its Kurmuk mine in western Ethiopia, highlighting the scale and continuity of mineralized systems within its highly prospective gold camp and the growth potential and optionality of the Company’s flagship development asset. This is the second of three planned exploration updates, with a further release covering Allied’s Côte d’Ivoire assets expected in early 2026, all of which underpin the significant value and optionality in the Company’s portfolio, already characterized by peer-leading mineral inventories and production growth.

Kurmuk Exploration Program and Highlights

Kurmuk is a transformational development mine located in western Ethiopia, within the metal-rich Arabian-Nubian Shield, approximately 500 kilometres from the capital, Addis Ababa. Following the expected start of operations in mid-2026, Allied is targeting an average production level of approximately 290,000 gold ounces per annum over the first four years and 240,000 gold ounces per annum at industry-leading All-In Sustaining Costs(1) ("AISC") below $950(2) per ounce, based solely on Mineral Reserves(3), all of which are expected to increase the Company’s cash flows materially.

With initial Proven and Probable Mineral Reserves(3) of 2.7 million ounces and Measured and Indicated Mineral Resources(3) of 3.1 million ounces contained within the Ashashire and Dish Mountain deposits, together with multiple near-mine exploration targets, Allied has undertaken an extensive exploration program designed to:

i)extend mine life to a minimum of 15 years, above the almost 11 years currently supported by Mineral Reserves;ii)sustain the higher production levels currently expected during the first four years for a much longer period—ideally across the full mine life. Recent drilling has locally returned gold grades above reserve grade, with areas of higher-grade material located closer to surface, supporting this potential;iii)refine resource models and extend mineralization at Ashashire and Dish Mountain ahead of the anticipated commencement of production in mid-2026; andiv)leverage the expanded 6.4 Mtpa processing capacity, advancing plans to align mining throughput with the higher processing capacity, potentially increasing annual production above 300,000 ounces. This outlook is supported by ongoing work to identify new mineralized zones that would expand the gold inventory and sources of feed to the mill.
The Company’s five-year exploration goal for Kurmuk is to reach 5 million ounces of Mineral Resources, representing a sequential target of over 1.5 million ounces of new Mineral Resources in addition to the current inventory. The objective includes adding at least 0.5 million ounces of new Mineral Resources within 10 km of the mill, to sustain or exceed the initial gold production levels of approximately 290,000 ounces per annum. Mineral Resources and Mineral Reserves updates will be carried out on a yearly basis to document the ongoing mineral inventory build-out program, which is expected to be carried out with similar levels of expenditures to the approximately $8 million committed for the current year.

The exploration plan considers expanding on the existing Mineral Resources near both the Ashashire and Dish Mountain deposits, advancing exploration at Tsenge utilizing a combination of geophysical surveys, trenching and drilling with a focus on higher-grade and advancing exploration at three other prospects in the property. Significant additional targets located south of Ashashire are expected to support the maintenance and expansion of current Mineral Resources and Mineral Reserves.

Five-Year and Near-Term Exploration Targets

Ashashire: three-year target of 300,000+ ouncesTsenge: three- to five-year target of 500,000+ ouncesDul Mountain: five-year target of 1.0 million+ ouncesOther Prospects: two-year target of 600,000+ ounces Drilling Highlights - New Discoveries and Zone Extensions

Between mid-2024 and throughout 2025, activities focused mainly on infill drilling at Dish Mountain to refine the resource model and extend mineralization around the pit area in anticipation of the commencement of operations in mid-2026 and on exploration of the Northern Prospects located north of the processing plant. Concurrently, exploration commenced at the southern end of the approximately 8-km long Tsenge Trend, at the Hiccup Hill and Setota Prospects, as well as at Ashashire to test extensions at depth with a goal of expanding the pit (see Figure 1). At both Dish Mountain and Tsenge, drilling continues to intersect lateral and vertical extensions of the deposits, as the limits to the mineralized system remain open. A significant amount of highly successful trenching was also carried out at Tsenge, confirming the surface expression of the mineralized lenses. A first-pass drill program, which was completed over the Urchin Prospect located adjacent to the Ashashire haul road, yielded positive results and will require a follow-up drill program. Notably, drilling results to date highlight areas of higher gold grades above reserve grade.

Figure 1: Kurmuk Mine Plan Map

Select exploration highlights include:

Dish Mountain: 12.6 m @ 2.93 g/t Au (DMDD774), 16.0 m @ 2.61 g/t Au (DMDD765) and 9.3 m @ 3.35 g/t Au (DMDD752)Tsenge – Hiccup Hill: 16.4 m @ 13.0 g/t Au (TSDD041) and 10.0 m @ 5.96 g/t Au (in trench TSCH012)Tsenge – Setota: 10.5 m @ 1.85 g/t Au (TSDD036) and 20.0 m @ 1.11 g/t Au (TSDD036) Urchin: 5.0 m @ 3.47 g/t Au (ASRC031) and 4 m @ 10.88 g/t Au (in trench URTR09) Exploration Progress Highlights by Zone and Target

Dish Mountain and Northern Prospects

This 1,600 m × 500 m, multi-lens deposit remains open down-dip beyond approximately 300 m and locally laterallyRecent drilling highlights DepositHole_IDFrom (m)To (m)Length (m)Grade (g/t Au)Dish MountainDMDD765122.72139.4216.702.61Dish MountainDMDD771443.60456.5012.903.02Dish MountainDMDD71718.0028.3810.383.55Dish MountainDMDD774403.39415.9512.562.93Dish MountainDMDD710158.22159.461.2428.90Dish MountainDMRCDD036201.61205.083.479.04Dish MountainDMDD75215.0024.279.273.35 See Figure 2 for the Dish Mountain Geology and Drill Plan, Figure 3 for summarized significant results since mid-year 2024 and Figure 4 for a Dish Mountain Reference Section Ashashire

A 1,300 m × 170 m mineralized zone that remains open down-dip below 350 m depthRecent holes testing the limits of the deposit have intersected mineralization where expected, and assay results are pendingRecognition of hydrothermal breccias that can be modelled and that contain higher-than-average gold grades, locally strong potassic alteration and elevated levels of tellurium and silverA drill program targeting the depth extent and maximum practical pit depth is in progress and is expected to continue through most of 2026. A deep-penetrating IP survey is planned in early 2026 to define the extents of the system and identify extensions to the higher-grade portionsWith traceable subzones of higher-than-average grades associated with breccias, there is potential to develop an underground resourceSee Figure 5 for a plan-view image of Ashashire Geology and Drilling, and Figure 6 for a typical Ashashire Type Section Tsenge

An approximately 8-km-long gold-in-soil anomaly parallel to a regional-scale shear zone with initial drill testing along only the southern 15% of the trendDeep-penetrating geophysical surveys planned as a tool to support target prioritizationMultiple lenses of gold mineralization intersected with recent best intercepts of 16.4 m @ 13.0 g/t Au at Hiccup Hill and 10.5 m @ 1.85 g/t Au at SetotaA summary of highlighted recent drill intercepts ProspectHole_IDFrom (m)To (m)Length (m)Grade (g/t Au)TsengeTSDD04143.0859.4416.3613.06TsengeTSDD03158.1865.136.957.45TsengeTSDD037160.91169.208.315.79TsengeTSDD03413.6529.0015.352.47TsengeTSDD043201.96208.006.044.00TsengeTSDD036173.25195.4722.221.04TsengeTSDD036160.74171.2310.491.85 See Figure 7 for a plan view image of the Tsenge Trend, Figure 8 for a close-up of the Hiccup Hill and Setota sections of the trend, Figure 9 for a cross-section at Hiccup Hill and Figure 10 for a long section of the one of the Hiccup Hill gold lenses Urchin

Located 2 km west of Ashashire, adjacent to the Ashashire haul roadProspecting, soil sampling, and trenching have outlined a 400-m-long target that returned up to 9.0 m @ 5.29 g/t AuA 2025 drill program comprised seven shallow holes totalling 781 m that returned a best intercept of 5.0 m @ 3.47 g/t Au from a shallow east-dipping zone. Follow-up drilling is proposed for 2026Figure 11 provides a summary of results to date Dul Mountain

Centred 7 km south of the Ashashire DepositAn open-ended, strong, > 100 ppb Au, approximately 2.0 by 3.0 km gold-in-soil anomaly that has only been tested by a few holes and trenches Trench intercepts include up to 18 m @ 4.87 g/t Au This covers a larger area than the combined Ashashire and Dish Mountain and is expected to be just as prospectiveMedium- to long-term plans to advance into Mineral Resources Western Prospects

Located 1.5 to 3.5 km west of Dish MountainThree target areas with the longest soil anomaly of approximately 2.5 kmTrenching has returned up to seven 3-m-wide gold-bearing intervals with a best intercept of 3.0 m @ 8.22 g/t AuScout drill testing expected in 1H 2026Figure 13 presents a summary surface plan Ahushu and Agu Prospects

Located 2.5 to 5.5 km northeast of Dul Mountain Comprise kilometre- to 1.5 km-scale, >400 ppb gold-in-soil anomalies Detailed Drill and Target Data

Significant drill intercepts, with a 0.5 g/t Au cut-off, since July 2024, are available through the following link. Estimated true widths vary from 45% to 95% drilled length with the exception of the Dul Mountain intercepts (on Figure 12) where estimated true widths are unknown. A summary of 2025 drill hole collars can be found at this link. A summary of the trench results can be found on this link.

Discussion and Next Steps

Since mid-year 2024, 193 holes totalling 39,064 m of drilling have been completed property-wide, focused on both infill and resource model refinement in anticipation of production, as well as on extending known zones at depth and along strike and exploring new targets. Significant amounts of gold mineralization requiring follow-up have been intersected at all targets, namely Dish Mountain, Tsenge, Ashashire, and Urchin. This ongoing work and new exploration targets highlight the high prospectivity of the land package. The next steps of the program are summarized below:

Follow up on near-surface gold-bearing zones proximal to Dish MountainFollow up on Ashashire depth extensionsA drone magnetic survey is planned over the western half of the propertyIP surveys that can ‘see’ down 400 m are planned along the Tsenge Trend and over AshashireStep-out drill testing at Setota and scout drilling along the Tsenge Trend is proposed for 1H 2026A 2026 Phase 2 drill program is proposed for UrchinAn initial drill program is planned over the Western Prospects in 2026 Technical Discussion

Allied is establishing a new tier-one gold camp in western Ethiopia, with multiple sources feeding a central, 6.4 million tonne per annum mill. Already supporting a material inventory of Mineral Reserves and Mineral Resources, the Company deems the likelihood of adding additional mineralization to the inventory as high, given the number and quality of the existing targets and the results achieved thus far. Current Mineral Reserves(3) at Ashashire and Dish Mountain total 2.74 million ounces at 1.41 g/t Au, and current Measured and Indicated Mineral Resources(3) total 3.12 million ounces at 1.68 g/t Au. An update to this number is expected in early 2026.

Exploration has identified more than five additional target areas (Tsenge, Dul, Urchin, Western Prospects and Northern Prospects) with known gold mineralization and associated large-scale gold-in-soil anomalies, which could, with more work, provide additional Mineral Resources and Mineral Reserves (see Figure 1 for deposit and target locations). All of these gold zones are associated with topographic highs, which led to their discovery in first-pass work programs. Allied Gold also plans to complete a drone magnetic survey over the area and as with most other, more-explored gold belts, expects to identify additional exploration target areas and gold zones.

To date, including all historical drilling, approximately 1,427 holes totalling 247,633 metres have been completed, including 47 geotechnical holes and 44 holes on a massive sulphide target. Since mid-2024, exploration efforts, comprising 193 holes totalling 39,064 m of drilling, have focused on completing infill drilling to refine resource models in anticipation of operations, and exploring at five zones: Tsenge, Ashashire, Dish Mountain, Northern Prospects, and Urchin. The bulk of the new resource target drilling, 6,943 m in 25 holes, was completed over the southern end of the Tsenge Trend at the Hiccup Hill and Setota targets, where significant amounts of gold mineralization have been intersected.

Across the property, gold mineralization is hosted in quartz–carbonate–pyrite veins associated with sheared lithological contacts and concentrated within areas of linear extension. Pyrite varies from fine-grained to coarse-grained, with centimetre-sized crystals at Ashashire. Multiple occurrences of visible gold, usually in association with strongly altered zones, have been noted at Dish Mountain, Ashashire, and Hiccup Hill. Dominant alteration minerals include carbonate, sericite, albite, and locally fuchsite and potassium feldspar.

The following sections present additional detail for the 2025 target areas and other priority target areas that will be followed up. Plan maps presented herein predominantly show select drill results from after the resource cut-off date, with the exception of Ashashire (2025 assay pending), Dul Mountain, which displays historic drill and trench results, and Western Prospects, which display historic trench results. Assay composites added to the figures focus on stronger intercepts to showcase some of the better mineralized intervals.

Dish Mountain Deposit and Northern Prospects

A significant amount of drilling, approximately 160,983 m in 915 holes (see Figure 2), and some trenching has been carried out over this area primarily to define the existing mineral inventory. Since mid-year 2024, 55 holes totalling 12,332 m were completed. This work both validated and extended the gold-bearing lenses supporting a short to medium term goal to increase Mineral Resources proximal to the currently designed pit.

Trenching has proven to be an effective tool to lock down the surface location of the mineralized zones and add additional grade data points. One approximately 1-km-long trench was completed around Dish Mountain, with most trench intercepts correlating with the known wire frames and a few trench results suggesting extensions to the gold zones. A summary of the better results in trench 3 are presented below.

DepositTrench_IDFrom (m)To (m)Width (m)Grade (g/t Au)Dish MountainDMCH003947.00970.0023.002.22Dish MountainDMCH00376.0095.0019.002.58Dish MountainDMCH003736.00739.003.009.62Dish MountainDMCH003118.00123.005.003.87Dish MountainDMCH003786.00805.0019.000.99Dish MountainDMCH003127.00132.005.001.94Dish MountainDMCH003103.00115.0012.000.78
As noted above, drilling has both validated and extended the Dish Mountain mineralized zones. A summary of the ten better results is presented in the table below.

DepositHole_IDFrom (m)To (m)Length (m)Grade (g/t Au)Dish MountainDMDD765122.72139.4216.702.61Dish MountainDMDD771443.60456.5012.903.02Dish MountainDMDD71718.0028.3810.383.55Dish MountainDMDD774403.39415.9512.562.93Dish MountainDMDD710158.22159.461.2428.90Dish MountainDMRCDD036201.61205.083.479.04Dish MountainDMDD75215.0024.279.273.35Dish MountainDMDD748441.35452.2710.922.56Dish MountainDMDD74239.8049.9510.152.63Dish MountainDMDD76811.0018.007.003.81
In conjunction with exploration along geological strike to the northeast over the Northern Prospects, drilling has encountered significant amounts of gold mineralization that is expected to add to the Dish Mountain Mineral Resources over the short term. A summary of some of the significant results over this area are presented below.

ProspectHole_IDFrom (m)To (m)Length (m)Grade (g/t Au)Northern ProspectsDMRC261128.00143.0015.002.30Northern ProspectsDMRC24548.0050.002.0011.58Northern ProspectsDMRC28135.0040.005.004.49Northern ProspectsDMRC27434.0037.003.005.87Northern ProspectsDMRC29486.0088.002.008.79Northern ProspectsDMRC26270.0083.0013.001.21Northern ProspectsDMRC2340.007.007.002.23Northern ProspectsDMRC28371.0077.006.002.58
Gold mineralization at Dish Mountain is defined by soil geochemistry, surface trenching, and drilling, extending over an area of approximately 4,500 × 1,000 m. This footprint includes the main Dish Mountain Deposit and the Northern Prospects, which together define the broader mineralized system.

The Dish Mountain deposit is an orogenic-type gold system located within the greenschist-facies volcano-sedimentary Dish Mountain belt, adjacent to the high-strain contact with a granite-gneiss block and proximal to a major flexure in the belt.

The deposit is geologically centred around a NE–SW trending clastic sediment–chert sequence comprising a series of folded, NW-dipping, structurally intercalated mafic–intermediate and felsic volcanics, volcaniclastic rocks, clastic metasediments, chert–jasper units, and minor volumes of ultramafic talc–carbonate schists.

The main deposit comprises a stack of discrete, NW-dipping, contact-controlled reverse shear zones forming along high-strain lithological contacts of a SW plunging fold structure. A well-developed, southwest-plunging lineation which developed during shearing plays a significant part in how the extensional veins formed. Vein geometries include NW-dipping shear-parallel veins and shallow NE-dipping extensional ladder-type veins, which formed orthogonal to the SW-plunging stretching lineation. This structural relationship has led to high volumes of extensional and stockwork-style veins within the cherts and adjacent clastic sedimentary rocks, which form the higher-grade core of the deposit.

Gold mineralization is hosted in and proximal to quartz–carbonate–pyrite veins localized along sheared lithological contacts, concentrated within areas of linear extension within the metavolcanic–sedimentary sequence. A proximal alteration assemblage of dolomite–muscovite–pyrite transitions to a distal chlorite–muscovite–pyrite phase, with a broader carbonate–chlorite–epidote halo.

A close-up image of the Dish Mountain area is presented in Figure 3 showing the collars for the 2025 holes, the intersection of the mineralized lenses at surface, the extent of the gold-in-soil anomalies, and the area of most intense lineation and coincident extensional veining. A summary type section through Dish Mountain is presented in Figure 4.

Figure 2: Dish Mountain Area Drilling and Summary Geology

Current drilling is focused on testing pit-proximal new zones and near-surface extensions of modelled mineralization, with the goals of expanding the Mineral Resources and enlarging the current pit limits.

Figure 3: Summary of 2025 Dish Mountain Drilling

Figure 4: Dish Mountain Deposit Type Section with Select 2025 Drill Intercepts

Ashashire Deposit

The 1,300 m x 170 m Ashashire Deposit, which outcrops along an approximately 120-m-high ridge, has been tested to a depth of 380 m with 278 holes totalling 53,681 m (see Figure 5). From mid-2024, five holes totalling 1,882 m have been completed. Drilling resumed in 2025 with a drill program designed to extend the gold-bearing zones at depth. Recent holes testing the limits of the deposit have intersected good-looking, typical Ashashire-type mineralization where expected.

The Ashashire Deposit lies along a greater than 20-km-long structural zone that hosts the Tsenge Prospect to the north and Dul Mountain Prospect to the south. Ashashire is a simpler deposit to model, which is reflected in the relatively modest amount of drilling required to define it compared to the Dish Mountain deposit. The deposit dips steeply east at the surface and rotates to west-dipping at depth (see Figure 6) and is open to depth below 350 m. This rotation of the dip from east to west also occurs at the Hiccup Hill target and appears to have a flat plunge.

The deposit is geologically centred over a NNE–SSW trending clastic sediment sequence that forms a series of steep, ovoid hills with connective ridges (maximum elevation 1050 m RL) rising above surrounding metavolcanics. The landscape is dissected by narrow NW–SE trending river valleys and prominent escarpments. The Ashashire Deposit comprises a mixture of structurally controlled layer-parallel and extensional style mineralization in a mixed granite-sediment-mafic volcanic package.

Gold mineralization is hosted in quartz-carbonate-sulphide±potassium-feldspar-dominated veins that are localized along the sheared and folded contact of the sediments and granite sill, and within the mafic hanging wall sequence. In addition to veining, local, well-mineralized, flat-plunging breccia zones have been logged, with intercepts of up to 31.0 m grading 13.45 g/t Au (estimated true width 30 metres) in a pre-2025 hole ASDD144.

A proximal alteration assemblage of potassium feldspar-dolomite-muscovite-pyrite transitions to a distal chlorite-muscovite-pyrite phase, with a broader carbonate-chlorite-epidote±magnetite halo. Local fluid interaction with granitic and ultramafic units has resulted in the development of tourmaline-bearing veins, commonly associated with Au–Ag ± Bi tellurides.

Figure 5: Ashashire Geology and Drill Plan

Figure 6: Ashashire Geology Type Section

Tsenge Trend

Tsenge has been tested with 52 holes totalling 14,473 m, with 25 of the holes totalling 6,943 m completed since mid-2024. This trend is one of the high-priority target areas based on its strike length, results to date, and its proximity to the mill site.

The prospect forms an undulating mountainous ridgeline with a maximum elevation of 1,475 m RL.

Tsenge represents another orogenic-type gold discovery within the district. Allied Gold carried out a generative soil sampling and geological mapping program in 2021 and 2022, and a total of 2,605 soil samples were collected during the period over several soil sampling campaigns, supported by multiple phases of geological mapping. The gold-in-soil anomaly spans approximately 8,000 × 300 m, defined by a robust >50 ppb Au threshold (Figure 7). Higher-grade centres of > 400 ppb Au within this broader anomaly delineate multiple higher first order target zones along the trend.

Since 2024, channel sampling has been performed on access roads, focusing on the Setota and Hiccup Hill prospect areas at the southern end of the Tsenge prospect. A total of 5,932 m of roadcut channel sampling, comprising 39 sample sites, have been completed to date (Figure 8) with 4,519 m of roadcut channel sampling completed since mid-year 2024. Trenching along the drill access roads has been very successful in defining the surface expressions of the mineralization with a best value of 10.0 m grading 5.96 g/t Au. A summary of the better trench results since mid-year 2024 is presented below.

ProspectTrench_IDFrom (m)To (m)Width (m)Grade (g/t Au)TsengeTSCH0114.0017.6513.654.67TsengeTSCH01260.0070.0010.005.96TsengeTSCH01334.0048.0014.002.43TsengeTSCH01155.0073.0018.001.82TsengeTSCH01896.00104.308.302.62TsengeTSCH027324.00326.002.009.14TsengeTSCH01527.3037.5010.201.49
Geologically, Tsenge lies within an approximately 8-km long, NW-dipping, high-strain metavolcanic–sedimentary corridor of the Dul Shear Zone, part of the Tsenge–Dul–Ashashire greenstone belt. Tsenge is geologically contiguous to and located 3.5 km along strike to the north of the Ashashire Deposit.

Gold mineralization is hosted in quartz-carbonate-sulphide-dominated veins, associated with variably serpentinised and silicified ultramafic pyroxenite dykes, which acted as rheologically contrasting units, localizing strain and focusing hydrothermal fluid flow.

At Hiccup Hill, on the southern end of Setota, gold occurs in extensional ladder-type veins concentrated along volcanic contacts of silicified ultramafic dykes. These veins extend laterally over >200 m along strike and are concentrated along a sub-horizontal, east-verging recumbent fold.

Drilling to date has outlined a 75 to 250 m strike by an open-ended 250 m down dip extent, multi-lens, greater-than-2 g/t Au gold zone at Hiccup Hill, with a best intercept to date of 16.4 m grading 13.45 g/t Au in hole TSDD041 (see Figure 8 for the plan view and Figures 9 and 10 for a section and long-section views, respectively).

Exploration at the adjacent Setota zone has outlined a couple of en-echelon, approximately 500-m-long, lower grade zones, with the exception of a recent hole that returned 10.5 m grading 1.85 g/t Au in hole TSDD036 (see Figure 8). Additional drilling will be carried out to determine whether this higher-grade zone extends along strike to the northeast and southwest

Pumba (see figure 8) is an approximately 900 m long, >400ppb gold-in-soil anomaly that has been tested with five holes. Results to date have returned low gold values with a best intercept of 17.0 m @ 0.47 g/t Au.

Figure 7: Plan View Tsenge Geology and Soil Anomaly Summary

Figure 8: Plan View Hiccup, Setota and Pumba Drill and Channel Summary

Figure 9: Hiccup Hill Type Section

Figure 10: Hiccup Hill Long Section Lode 1

Urchin Zone

Urchin represents an orogenic-type gold discovery within 150 metres of the Ashashire haul road. RC drilling, comprising seven holes totalling 781 m, followed a generative soil sampling (858 soil samples), geological mapping, and surface trenching programs (14 trenches excavated for 2,147m) conducted in 2020-2021 by Allied Gold (see Figure 11). The soil data outlined a gold-in-soil anomaly measuring approximately 600 x 100 m, as defined by a >100 ppb Au contour.

Geologically, Urchin lies at the southern high-strain contact zone of a granite-gneiss sheet against the Dish Mountain greenstone belt. Gold mineralization is hosted in quartz-carbonate-sulphide veins developing within a steeply plunging, folded, and sheared diorite-gneiss body. Veins comprise both steeply dipping shear-hosted and shallow-dipping extensional-type vein arrays. Trenching has returned best results of up to 4 m grading 10.88 g/t Au.

A follow-up drill program indicated that the gold-bearing zones persist to depth, are shallow north to east dipping, and return intervals of up to 5 m grading 3.47 g/t Au (estimated true width of 5 m). A second phase of drilling is planned to test this zone in 2026.

Figure 11: Urchin Drilling and Trenching Highlights

Dul Mountain

Dul Mountain is an area of extensive orogenic-type gold mineralization. Geologically, Dul Mountain lies within a southeast-dipping, high-strain, tight-isoclinal, folded volcano-sedimentary corridor of the Dul Shear Zone, part of the Tsenge–Dul–Ashashire greenstone belt. Dul Mountain is geologically contiguous to and located 7 km along strike to the south of, the Ashashire Deposit. Significant amounts of artisanal and small-scale mining are currently active over the prospect.

A soil sampling program comprising 862 samples completed in 2022 by Allied Gold delineated a gold anomaly measuring ~3,000 m × 2,000 m, defined by a >100 ppb Au contour (see Figure 12). Several higher-grade cores (>400 ppb Au) measuring ~1,200 × 200 m are located near the summit area of the mountain.

Follow-up geological mapping confirmed vein-hosted orogenic gold mineralization within a NE–SW trending mixed volcano-sedimentary package. Mineralization is hosted in quartz–carbonate–sulphide ± gold veins localized along sheared lithological contacts. Vein geometries include shear-parallel and extensional, ladder-type arrays, concentrated within intensely carbonate-altered dolerite, diorite, and siliceous metasediments.

Channel sampling of mineralized vein packages exposed in the historic drill roads was conducted in 2022, with eight channels sampled for a total of 654 m. These returned promising intervals, including 18 m @ 4.87 g/t Au from 43 m (DUCH001) and 33 m @ 1.86 g/t Au from 4 m (DUCH002), confirming the presence of strong gold mineralization exposed at surface (see Figure 12).

A previous operator completed 13 holes totalling 2,638 metres of drilling at Dul in 1995 and 1996, with a best result of 3.96 m grading 17.85 g/t Au (see Figure 12). Allied has not evaluated the historic drilling and assay procedures and is only presenting the data to highlight the elevated gold content for completeness.

Dul Mountain is considered a high-priority, drill-ready target with potential to contribute significant gold Mineral Resources to the Kurmuk mine in the medium to long-term.

Figure 12: Dul Mountain, Trenching, Geology and Au-in-Soil Anomalies

Western Prospects

The Western Prospects, Squid, Stingray and Swordfish, are interpreted as structurally controlled, vein-hosted, orogenic-type gold targets located 1.5 to 3.5 km to the west of the Dish Mountain deposit. They are hosted within ophiolitic mafic-ultramafic intrusive rocks, situated along a high-strain contact within the Dish Mountain greenstone belt.

Mineralization is associated with quartz-carbonate-sulphide ± gold veins, which are predominantly shallow northeast-dipping, extensional ladder veins hosted within sheared metagabbro to diorite. A northwest-dipping reverse shear zone bisects the intrusive complex and is defined by an ultramafic talc-carbonate schist. This structure is interpreted as the primary control on mineralization.

Significant gold intersections from surface trenching include (0.5 g/t Au cut-off and 2 m maximum internal dilution – See Figure 13):

3 m @ 2.75 g/t Au from 45 m (DMTR113)3 m @ 5.86 g/t Au from 72 m (DMTR112)3 m @ 8.22 g/t Au from 87 m (DMTR124) Rock chip grab samples assaying >1 g/t Au from mineralized veins include 18.9 g/t, 16.3 g/t, 7.7 g/t, 5.1 g/t, 3.56 g/t and 2.67 g/t Au (see Figure 13). The results support the high-grade nature of the vein system.

Detailed geological mapping conducted in 2023 refined and extended the strike length of the Squid and Stingray targets to a combined length of ~1,000 m. Understanding the controlling fault structure of the vein system also highlighted the significant down-dip potential of the prospect. Review of the exposed quartz veins suggests the carbonate and sulphide contents have been extensively leached. Sulphide contents and gold grades likely extend to depth. The focus of artisanal shaft mining beneath the trenches supports this interpretation.

A summary of the geology and exploration results over the Squid and Stingray prospects is presented in Figure 13. The Squid and Stingray targets are considered drill-ready and have potential to develop into satellite resources for Dish Mountain.

The Swordfish target is a 2.5-km by up to 300-m-wide Au-in-soil anomaly that lies 1.5 km west of Dish Mountain. Gold mineralization occurs as narrow vein swarms along steeply NW-dipping lithological contacts and concentrated within a series of narrow metasedimentary units within a broader mafic-intermediate volcanic-intrusive rock package. There does not appear to be any broad carbonate alteration that is diagnostic of a strong mineralizing system. Historic work returned significant intercepts up to 9 m @ 0.97 g/t Au (RC drilling), and 3 m at 4.4 g/t Au (trenches).

The Swordfish prospect holds a strategic position in close proximity to the planned Dish Mountain mining complex.

An initial drill program is planned over these three Western Prospects in 2026.

Figure 13: Western Prospects Summary Trenching and Geology

Ahushu and Agu Prospects

These two partially defined, km-scale gold-in-soil targets appear to be related to the Dul Mountain Prospect (see Figure 14). A significant amount of artisanal miners occupy the Agu Prospect. Additional work will be carried out over these targets once a social license is obtained.

Figure 14: Dul, Ahushu and Agu Prospects Gold-in-Soil Anomalies

Qualified Person

All scientific and technical information in this press release has been reviewed and approved by Don Dudek, P.Geo., Chief Exploration Officer, who is a Qualified Person as defined under National Instrument 43-101.

END NOTES

 (1)This is a non-GAAP financial performance measure and ratio. Refer to the Non-GAAP Financial Performance Measures section at the end of this news release. (2)This estimate is based on a long-term gold price assumption of $1,568. (3)See Allied Gold’s Mineral Reserve and Mineral Resource statement Allied Gold Corporation - Mineral Reserves and Mineral Resources
Sampling and QA/QC Procedures

All exploration work at Kurmuk follows industry-standard sampling, assay, and QA/QC protocols. RC samples are collected at one-metre intervals and split using a 75:25 riffle splitter. Diamond core is cut in half and sampled systematically. Quality control samples (certified reference materials, blanks, and field duplicates) are inserted at a ratio of 1:20.

All assays are performed externally at ALS using a 50 g fire assay. Laboratories are audited annually and maintain high standards of analytical accuracy. Data management and validation are maintained through the Company’s Fusion database platform.

Historic Dul Mountain trenching and drilling were carried out by Golden Star. Golden Star’s work was carried out in the early to mid-1990s, and while referenced in this release, Allied has not validated the assay results, which are only presented herein as added support for the prospectivity of the target. Trenching and drilling carried out over the Western Prospects were completed by AME, and, as with the Golden Star assay results, Allied has not validated these results.

About Allied Gold Corporation

Allied is a Canadian-based gold producer with a significant growth profile and mineral endowment, operating a portfolio of three producing assets and development projects located in Côte d'Ivoire, Mali, and Ethiopia. Led by a team of mining executives with operational and development experience and a proven track record of creating value, Allied is progressing through exploration, construction, and operational enhancements to become a mid-tier, next-generation gold producer in Africa, and ultimately, a leading senior global gold producer.

For further information, please contact:

Allied Gold Corporation
Royal Bank Plaza, North Tower
200 Bay Street, Suite 2200, Toronto, ON M5J 2J3 Canada
Email: [email protected]

NON-GAAP FINANCIAL PERFORMANCE MEASURES

The Company has included certain non-GAAP financial performance measures and ratios to supplement its Condensed Consolidated Interim Financial Statements, which are presented in accordance with IFRS, including AISC per gold ounce sold.

The Company believes that these measures, together with measures determined in accordance with IFRS, provide investors with an improved ability to evaluate the underlying performance of the Company.

Non-GAAP financial performance measures, including AISC, do not have any standardized meaning prescribed under IFRS and, therefore, may not be comparable to similar measures employed by other companies. Non-GAAP financial performance measures intend to provide additional information and should not be considered in isolation as a substitute for measures of performance prepared in accordance with IFRS and are not necessarily indicative of operating costs, operating earnings, or cash flows presented under IFRS.

Management’s determination of the components of non-GAAP financial performance measures and other financial measures are evaluated on a periodic basis, influenced by new items and transactions, a review of investor uses and new regulations as applicable. Any changes to the measures are described and retrospectively applied as applicable. Subtotals and per unit measures may not calculate based on amounts presented in the following tables due to rounding.

The measures of AISC, along with revenue from sales, are considered to be key indicators of a Company’s ability to generate operating earnings and cash flows from its mining operations. This data is furnished to provide additional information and is a non-GAAP financial performance measure.

AISC PER GOLD OUNCE SOLD

AISC figures are calculated generally in accordance with a standard developed by the World Gold Council (“WGC”), a non-regulatory, market development organization for the gold industry. Adoption of the standard is voluntary, and the standard is an attempt to create uniformity and a standard amongst the industry and those that adopt it. Nonetheless, the cost measures presented herein may not be comparable to other similarly titled measures of other companies. The Company is not a member of the WGC at this time.

AISC include cash costs, mine sustaining capital expenditures (including stripping), sustaining mine-site exploration and evaluation expensed and capitalized, and accretion and amortization of reclamation and remediation. AISC exclude capital expenditures attributable to projects or mine expansions, exploration and evaluation costs attributable to growth projects, DA, income tax payments, borrowing costs and dividend payments. AISC include only items directly related to each mine site, and do not include any cost associated with the general corporate overhead structure. As a result, Total AISC represent the weighted average of the three operating mines, and not a consolidated total for the Company. Consequently, this measure is not representative of all of the Company’s cash expenditures.

Sustaining capital expenditures are expenditures that do not increase annual gold ounce production at a mine site and excludes all expenditures at the Company’s development projects as well as certain expenditures at the Company’s operating sites that are deemed expansionary in nature, such as the Sadiola Phased Expansion, the construction and development of Kurmuk and the PB5 pushback at Bonikro. Exploration capital expenditures represent exploration spend that has met the criteria for capitalization under IFRS.

The Company discloses AISC as it believes that the measure provides useful information and assists investors in understanding total sustaining expenditures of producing and selling gold from current operations and evaluating the Company’s operating performance and its ability to generate cash flow. The most directly comparable IFRS measure is cost of sales. As aforementioned, this non-GAAP measure does not have any standardized meaning prescribed under IFRS and, therefore, may - 7 -

not be comparable to similar measures employed by other companies and should not be considered in isolation as a substitute for measures of performance prepared in accordance with IFRS, and is not necessarily indicative of operating costs, operating earnings or cash flows presented under IFRS.

AISC is computed on a weighted average basis, with the aforementioned costs, net of by-product revenue credits from sales of silver, being the numerator in the calculation, divided by gold ounces sold.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION AND STATEMENTS

This press release contains “forward-looking information” including “future oriented financial information” under applicable Canadian securities legislation. Except for statements of historical fact relating to the Company, information contained herein constitutes forward-looking information, including, but not limited to, any information as to the Company’s strategy, objectives, plans or future financial or operating performance. Forward-looking statements are characterized by words such as “plan”, “expect”, “budget”, “target”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words or negative versions thereof, or statements that certain events or conditions “may”, “will”, “should”, “would” or “could” occur. In particular, forward-looking information included in this press release includes, without limitation, statements with respect to:

the Company’s expectations in connection with the production and exploration, development and expansion plans at the Company’s projects discussed herein being met;the Company’s plans to continue building on its base of significant gold production, development-stage properties, exploration properties and land positions in Mali, Côte d’Ivoire and Ethiopia through optimization initiatives at existing operating mines, development of new mines, the advancement of its exploration properties and, at times, by targeting other consolidation opportunities with a primary focus in Africa;the Company’s expectations relating to the performance of its mineral properties;the estimation of Mineral Reserves and Mineral Resources;the timing and amount of estimated future production and projections;the estimation of the life of mine of the Company’s projects, including targeted extensions;the timing and amount of estimated future capital and operating costs;the costs and timing of exploration and development activities;the Company’s expectations regarding the timing of feasibility or pre-feasibility studies, conceptual studies or environmental impact assessments; andthe Company’s aspirations to become a mid-tier next generation gold producer in Africa and ultimately a leading senior global gold producer. Forward-looking information is based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and is inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the Company’s dependence on products produced from its key mining assets; fluctuating price of gold; risks relating to the exploration, development and operation of mineral properties, including but not limited to adverse environmental and climatic conditions, unusual and unexpected geologic conditions and equipment failures; risks relating to operating in emerging markets, particularly Africa, including risk of government expropriation or nationalization of mining operations; health, safety and environmental risks and hazards to which the Company’s operations are subject; the Company’s ability to maintain or increase present level of gold production; nature and climatic condition risks; counterparty, credit, liquidity and interest rate risks and access to financing; cost and availability of commodities; increases in costs of production, such as fuel, steel, power, labour and other consumables; risks associated with infectious diseases; uncertainty in the estimation of Mineral Reserves and Mineral Resources; the Company’s ability to replace and expand Mineral Resources and Mineral Reserves, as applicable, at its mines; factors that may affect the Company’s future production estimates, including but not limited to the quality of ore, production costs, infrastructure and availability of workforce and equipment; risks relating to partial ownerships and/or joint ventures at the Company’s operations; reliance on the Company’s existing infrastructure and supply chains at the Company’s operating mines; risks relating to the acquisition, holding and renewal of title to mining rights and permits, and changes to the mining legislative and regulatory regimes in the Company’s operating jurisdictions; limitations on insurance coverage; risks relating to illegal and artisanal mining; the Company’s compliance with anti-corruption laws; risks relating to the development, construction and start-up of new mines, including but not limited to the availability and performance of contractors and suppliers, the receipt of required governmental approvals and permits, and cost overruns; risks relating to acquisitions and divestures; title disputes or claims; risks relating to the termination of mining rights; risks relating to security and human rights; risks associated with processing and metallurgical recoveries; risks related to enforcing legal rights in foreign jurisdictions; competition in the precious metals mining industry; risks related to the Company’s ability to service its debt obligations; fluctuating currency exchange rates (including the US Dollar, Euro, West African CFA Franc and Ethiopian Birr exchange rates); the values of assets and liabilities based on projected future conditions and potential impairment charges; risks related to shareholder activism; timing and possible outcome of pending and outstanding litigation and labour disputes; risks related to the Company’s investments and use of derivatives; taxation risks; scrutiny from non-governmental organizations; labour and employment relations; risks related to third-party contractor arrangements; repatriation of funds from foreign subsidiaries; community relations; risks related to relying on local advisors and consultants in foreign jurisdictions; the impact of global financial, economic and political conditions, global liquidity, interest rates, inflation and other factors on the Company’s results of operations and market price of common shares; risks associated with financial projections; force majeure events; the Company’s plans with respect to dividend payment; transactions that may result in dilution to common shares; future sales of common shares by existing shareholders; the Company’s dependence on key management personnel and executives; possible conflicts of interest of directors and officers of the Company; the reliability of the Company’s disclosure and internal controls; compliance with international ESG disclosure standards and best practices; vulnerability of information systems including cyber attacks; as well as those risk factors discussed or referred to in the Company’s annual information form, management discussion and analysis and other public disclosure available under the Company’s profile at www.sedarplus.ca.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that could cause actions, events or results to not be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates, assumptions or opinions should change, except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking information. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected exploration plans and operational performance and results as at and for the periods ended on the dates presented in the Company’s plans and objectives and may not be appropriate for other purposes.

CAUTIONARY NOTE TO U.S. INVESTORS REGARDING ESTIMATES OF MEASURED, INDICATED AND INFERRED RESOURCES

This press release uses the terms “Measured”, “Indicated” and “Inferred” Mineral Resources as defined in accordance with NI 43-101. United States readers are advised that while such terms are recognized and required by Canadian securities laws, the United States Securities and Exchange Commission does not recognize them. Under United States standards, mineralization may not be classified as a “reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve calculation is made. United States readers are cautioned not to assume that all or any part of the mineral deposits in these categories will ever be converted into reserves. In addition, “Inferred Resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Resource will ever be upgraded to a higher category. United States readers are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists or is economically or legally mineable.

Photos accompanying this announcement are available at:

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November 27, 2025 7:30 AM EST | Source: CEO.CA Technologies Ltd.
Toronto, Ontario--(Newsfile Corp. - November 27, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.

Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.

Meet the Executives Shaping the Biotechnology Landscape

'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy.

We caught up with Hugh MacNaught, CEO of Ventripoint Diagnostics Ltd. (TSXV: VPT) (OTC Pink: VPTDF), and Joe Hostetter, Congenital Heart Defect Program Director. Follow what investors are saying and join our community: https://ceo.ca/vpt

Ventripoint Diagnostics

(TSXV: VPT) (OTC Pink: VPTDF)

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https://www.youtube.com/watch?v=muLuVfEAX6w

Tune in to 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit CEO.CA or our YouTube page for hundreds more executive interviews from CEO.CA here.

Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at [email protected] for further details and opportunities.

About CEO.CA

The leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.

CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.

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Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement

The information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276121