Ascendant Resources Inc.

Selected Mandated Lead Arranger for Lagoa Salgada Polymetallic VMS Project, Portugal On-boarding and formal engagement to be completed in coming weeks Ascendant Resources Inc. is pleased to announce that following a successful and oversubscribed tender process, it has selected an international bank to act as the MLA for its Export Credit Agency Supported Non-Recourse Project Financing at its Lagoa Salgada Project in [...]

TSX: ASND www.ascendantresources.com Appointment of Highly Experienced Process Engineer to Enhance Technical Capacity Expansion of Technical Services Team To Support Ongoing Development Programs Ascendant Resources Inc. is pleased to announce that it has strengthened its technical team with the addition of Mr. Val Coetzee who has been appointed as Director, Process Engineering. Mr. Coetzee will work with the rest of the [...]

TSX: ASND www.ascendantresources.com Lead Project Financing Bank Expected To be Appointed by late September Ascendant Resources Inc. ") is pleased to announce that it has commenced the tender phase for the Mandated Lead Arranger of its Export Credit Agency project financing program. As of September 4, 2023 the Company and its Advisors have issued detailed banking information memorandums to a number of Project Finance [...]

TSX: ASND www.ascendantresources.com All matters overwhelmingly approved by shareholders Ascendant Resources Inc. is pleased to announce the voting results of the Company's 2023 Annual and Special Shareholders' Meeting held on August 23, 2023, in Toronto, Ontario. A total of 43,635,681 common shares were voted at the Meeting, representing 32.98% of the votes attached to all outstanding common shares of the Company. All [...]

TSX: ASND www.ascendantresources.com • PROJECT OWNERSHIP INCREASED TO 80% • FEASIBILITY STUDY FILED ON SEDAR+ Ascendant Resources Inc. is pleased to announce that it has completed the initial NI 43-101 compliant Feasibility Study for the Lagoa Salgada Project , and has satisfied all conditions to fully exercise the earn-in option on the Project. As a result, Ascendant now holds an 80% interest in the Lagoa [...]

TSX: ASND www.ascendantresources.com Completes Requirement for Project Ownership to Increase to 80% Robust economics to drive construction funding solid operating basis to drive initial production Optimization program commenced to further enhance economics Highlights of the 2023 Definitive Feasibility Study include: Post-tax NPV8% of US$147 million and 39% IRR Average annual payable zinc equivalent production of 124 [...]

TSX: ASND www.ascendantresources.com is pleased to announce that an annual and special meeting of the holders of common shares of will be held at 200 Bay Street, Suite 3205, Toronto, ON M5J 2J2 at 12:00 p.m. Eastern Time on August 23, 2023. The Company applied for and obtained an extension from the Toronto Stock Exchange's requirement to hold its annual shareholder meeting by June 30, 2023. About Ascendant Resources Inc [...]

TSX: ASND www.ascendantresources.com UKEF, the UK Export Credit Agency, selected from group of 4 compliant Expressions of Interest Potentially up to US$190 million in Export Credit Agency support via long term ECA Project Finance to cover up to 70% of pre-production costs plus additional support to cover Interest During Construction and Insurance Premium Costs UKEF's Expression of Interest will encourage a UK-led sourcing [...]

TSX: ASND www.ascendantresources.com Ascendant Resources Inc. - announces that it and its joint venture partner, Mineral & Financial Investments AG , have agreed to an extension in the Earn-in Option Agreement for the Lagoa Salgada project to allow for the completion date of the feasibility study to be on or before August 3, 2023. In connection with the amendment, Ascendant has agreed to issue M&FI 500,000 common share [...]

TSX: ASND www.ascendantresources.com • Optimization Tests Continuing for Final Grade and Recovery Profiles Ascendant Resources Inc. - is pleased to provide an update of its most recent metallurgical test results as part of its ongoing metallurgical test works which will be included in a Feasibility Study for the Venda Nova deposit at its Lagoa Salgada VMS Project, Portugal, targeted for completion in May 2023. The [...]