Allied noted that, by capitalizing on the deployment of existing major equipment owned by the company and relying on contractor mining, the expansion project would be developed with the same capital requirements as initially planned. The project development capital would be spent from 2023 to 2026, funded by available cash on hand and cash flows from producing mines, with the first gold pour expected in the second quarter of 2026. Allied has just completed a USD 267-million financing, including a significant investment from incoming management in the amount of USD 40-million, to which Chairperson and CEO Peter Marrone has anchored the investment of incoming management. On Monday, September 11, Allied Gold was listed on the Toronto Stock Exchange (TSX). Allied Gold and Allied Merger Corp, which was formed by Marrone and fellow former Yamana Gold executives, last week, completed a business combination and reserve takeover transaction.