VANCOUVER, British Columbia, Aug. 12, 2025 (GLOBE NEWSWIRE) — Ascot Resources Ltd. ( TSX: AOT; OTCQB: AOTVF ) (“Ascot” or the “Company”) announces the Company’s unaudited financial results for the three and six months ended June 30, 2025 (“Q2 2025”). For details of the unaudited condensed interim consolidated financial statements and Management’s Discussion and Analysis for the three and six months ended June 30, 2025, please see the Company’s filings on SEDAR+ ( www.sedarplus.ca ).

All amounts herein are reported in $000s of Canadian dollars unless otherwise specified.

Q2 2025 AND RECENT EVENTS

On June 25, 2025, the Company announced that negotiations with its mining contractor have not been successful in providing a mining cost structure that was satisfactory to the Company. The

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