20 October 2022

Second instalment of final Bibiani tranche paid

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Resolute Mining Limited (Resolute or the Company) (ASX/LSE: RSG) is pleased to announce that it has received the second payment of $10 million under the deferred payment arrangement for the final tranche of $30 million (plus $2.7 million in respect of an environmental bond) from Asante Gold Corporation (Asante).

The remaining payment due from Asante is payment of $12.7 million and all interest payable on or before 18 November 2022 (see ASX Announcement "Half Year Financial Results and Accounts" dated 25 August 2022 for further details).

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Authorised by Mr. Terry Holohan, Managing Director & CEO