SEOUL, South Korea and SHANGHAI, May 7, 2026 /PRNewswire/ — Taimei Technology (HK.02576), a leading AI-powered drug clinical development platform company, and C&R Research (A359090), a top-tier CRO in South Korea, signed an enterprise-level strategic partnership agreement, officially launching the development of an AI-based clinical trial operations system.

Under this partnership, C&R Research will deploy Taimei Technology’s leading digital infrastructure and AI Agents across multiple clinical trials to automate and enhance trial design and operational workflows. A particular focus will be on data management, where the EDC + iDM Agent combination will be actively adopted. Innovations such as intelligent data capture and governance, AI-driven eCRF generation, and automated test case creation are expected to boost productivity and quality in clinical research.

Leveraging its full-stack AI capabilities, 13 years of industry expertise, and global operational experience, Taimei Technology has deeply focused on the clinical research vertical, and has been among the first to build a comprehensive AI Agent matrix, enabling scenario-based AI applications across the entire clinical research workflow. Key offerings include eCollect (EDC), eBalance (RTSM), eCOA, eCooperate (CTMS), and eArchives (eTMF), iDM Agent, iCTA Agent, iPV Agent; as well as the iMAP intelligent medical analytics platform etc. These products can be flexibly configured to address critical pain points across clinical research—from efficiency to scientific insights—significantly improving trial efficiency and success rates.

The two companies plan to integrate AI-driven operational models with Korea’s CRO-centric clinical trial execution system, thereby building a more efficient and intelligent clinical research framework.

Korea has established a mature ecosystem in innovative drug development and clinical execution, with clinical trial activity and participation in global pipelines ranking among the top worldwide. Industry observers believe this partnership goes beyond technology adoption and will serve as a key catalyst for accelerating the AI-driven digital transformation of South Korea’s clinical trial landscape.

Moon Tae Yoon, CEO of C&R Research, commented: “As clinical trials become increasingly complex, AI-based data management and operational automation are emerging as essential competitive factors. Through this partnership, we will build a more efficient and innovative clinical execution system.”

Zhao Lu, Chairman of Taimei Technology, stated: “This partnership represents an important opportunity to bring the AI clinical operations experience we have accumulated in global markets into South Korea. We look forward to collaborating with more Korean ecosystem partners to continuously drive the intelligent transformation of clinical trials.”

SINGAPORE, May 7, 2026 /PRNewswire/ — Blue Planet Environmental Solutions joined senior government and business leaders at the inaugural Singapore–New Zealand Leadership Forum, contributing to discussions on resilience, sustainability, and the future of economic systems.

The Forum, established under the Comprehensive Strategic Partnership between Singapore and New Zealand, brought together leaders from both countries to drive practical, business-led dialogue and collaboration across trade, sustainability, digital innovation, and supply chain resilience.

Against a backdrop of global supply chain volatility, energy market disruptions, and shifting trade dynamics, discussions reflected a shared emphasis on strengthening resilience through trusted partnerships and open, rules-based trade frameworks.

There was a clear recognition that in an increasingly uncertain global environment, reliability of supply chains and continuity of essential flows will remain critical priorities for both economies. This aligns with a broader shared vision between Singapore and New Zealand to build future-ready, resilient, and innovation-driven economic systems, supported by deeper collaboration between governments and businesses.

At the same time, the dialogue reinforced the role of industry in translating strategic intent into action, with a focus on deepening commercial linkages, enabling innovation-led growth, and building practical, scalable solutions across sectors.

During the breakout session on “Building Future-Ready Businesses in a Digital and Green Economy,” Prashant Singh, Co-Founder and CEO, Blue Planet Environmental Solutions, participated as a lead discussant, contributing perspectives on how businesses can embed measurable, system-driven approaches into their operating models.

His intervention underscored the growing importance of integrating resource efficiency, digital traceability, and circular systems into core business strategy, particularly as sustainability, technology, and capital increasingly converge.

Drawing on Blue Planet’s experience across waste management, resource recovery, and environmental solutions, he highlighted how scientifically managed waste systems can be repositioned as value-generating infrastructure, enabling material recovery, energy generation, and emissions reduction within a single framework. This approach reflects the company’s alignment with the growing focus on resilient, traceable, and resource-efficient systems that support long-term economic stability.

Speaking at the Forum, Singh said:

“As the global environment becomes more complex, resilience is no longer just about diversification. It is about how intelligently systems are designed and integrated.

The convergence of the digital and green economies is creating a shift toward measurable outcomes, where traceability and verification are becoming central to how value is defined.

Circular resource systems, particularly in waste and energy, offer a practical pathway to reduce dependency, strengthen operational resilience, and build solutions that are both scalable and investable.

There is a clear opportunity for Singapore and New Zealand to align their complementary strengths and advance frameworks that connect physical systems with digital validation, enabling outcomes that can scale across markets.”

The discussion reflected a broader theme of the Forum, emphasising the need to move beyond high-level commitments toward integrated, outcome-oriented systems, supported by stronger collaboration between business and government.

The Singapore–New Zealand Leadership Forum serves as a platform to deepen engagement between both countries, with a focus on generating tangible commercial opportunities, strengthening economic resilience, and advancing future-ready business models in a rapidly evolving global environment.

About Blue Planet Environmental Solutions

Blue Planet Environmental Solutions is a Singapore-headquartered company focused on advancing sustainable waste management and circular economy solutions. The company delivers integrated solutions across landfill remediation, resource recovery, renewable energy, and environmental systems, enabling measurable outcomes and supporting the transition toward a low-carbon and resource-efficient future.

For more information, visit www.blueplanet.asia

Event centred around USANA’s Celavive skincare brand and celebrating the accomplishments of USANA’s female Brand Partners

PHUKET, Thailand, May 7, 2026 /PRNewswire/ — USANA successfully concluded its highly anticipated Celavive skincare spa and wellness retreat held at Club Med Phuket from April 22–24, 2026. This event brought together 79 top qualifying USANA Brand Partners from nine markets across the Asia-Pacific region, including Australia, Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan, and Thailand.

USANA Hosts Inspiring Spa & Wellness Retreat to Empower Women Across Asia Pacific

The retreat served as a powerful celebration of women, confidence, wellness, and personal growth—offering an experience that extended far beyond skincare. Designed as an immersive wellness journey, the event created a meaningful space for women to reconnect with themselves, and celebrate personal well-being and self-expression.

The 79 qualifiers represented the vibrant and growing Celavive Community, each playing a vital role in fostering trust, sparking meaningful conversations, and creating opportunities for women to connect through shared interests in beauty, wellness, and personal care. While some participants attended individually and others as part of teams, all departed with a renewed sense of purpose.

“The Celavive Community is built on a simple yet powerful belief—we are more than wives, daughters, and mothers. Every woman deserves to believe in her dreams again, and embrace the powerful woman within,” said Vivienne Lee, USANA’s Regional Vice President, APAC. “It is never too late to begin again, to rise, to shine, and to become the woman you were always meant to be. This is the heart of the Celavive Community—where women rise together.”

“Having envisioned and organised the first-ever Celavive Spa & Wellness Retreat, it was deeply meaningful to see the vision for Celavive Community come to life,” said Lee Yee Pei, USANA’s Regional Executive Director of Marketing, APAC. “Meeting and connecting with female Brand Partners from across the APAC region touched me on a deeper level, as we created a community anchored in strong purpose. This milestone was made possible through the collaboration and commitment of our teams across 11 markets, and I am proud to have led this regional effort alongside a passionate team who believed in the vision and worked together to bring it to life. Together, I hope we can continue building the Celavive Community and create even greater impact for women across the region.”

Throughout the three-day retreat, participants experienced a thoughtfully curated program focused on wellness, connection, recognition, and empowerment. Activities included exclusive spa treatments, self-care sessions, storytelling moments, and community-building experiences—all reinforcing USANA’s commitment to creating a supportive environment where women feel valued, celebrated, and inspired.

In collaboration with the USANA Foundation, the retreat also extended its impact beyond attendees by supporting Phuket Sunshine Village, reflecting a shared dedication to giving back and uplifting communities in meaningful ways.

More than a recognition event, the Celavive Spa & Wellness Retreat represents a growing community centred on empowerment and connection. These 79 Celavive ambassadors now return home with new connections, shared experiences, and the inspiration to continue building a community where women uplift one another and shine with confidence.

To learn more about USANA and its line of nutritional and skincare products, please visit USANA.com.

About USANA

USANA (NYSE: USNA) has been providing quality nutrition and lifestyle products for more than 30 years. From its supplements manufactured in its onsite facility to its Celavive skincare and healthy living products, USANA is committed to helping people to live healthier, more vibrant lives.

Discover the future of nutrition at USANA.com or explore the science at AskTheScientists.com.

Media Contact:
(801) 954-7645
media(at)USANAinc(dot)com

Attendees giving back to the Phuket community through the USANA Foundation

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BANGKOK, May 7, 2026 /PRNewswire/ — Recently, the Federation of Thai Industries (FTI) officially confirmed its role as a supporting organization for Intelligent Manufacturing Expo Southeast Asia 2026 (IME 2026), which will take place July 22–24, 2026, at IMPACT Exhibition Center, Halls 5–6 in Thailand. This partnership aims to facilitate deeper pragmatic cooperation between Chinese and Thai industrial enterprises in technical exchange, market expansion, industrial synergy, and supply chain collaboration.

In March 2026, the IME project team from DEXPO Shanghai Industry & Commerce Exhibition Co., Ltd. visited Thailand and held a specialized meeting with the FTI, reaching consensus on collaborative exhibition promotion, industrial resource matching, professional visitor organization, and bilateral cooperation. This lays a solid foundation for IME 2026 to serve companies seeking to expand across ASEAN.

As a highly influential national industrial organisation, the FTI comprises 48 industry clubs and 76 provincial chapters, covering sectors such as automotive, electronics, machinery, and food. Its Machine and Automation System Industry Club focuses on mechanical equipment and automation, driving intelligent transformation by providing technical exchange, supply-demand matching, and precise solutions for Thai manufacturers.

With FTI’s official support, IME 2026 will receive strong backing in local promotion, visitor organization and buyer matchmaking. Leveraging FTI’s extensive network, the expo will connect core Thai purchasers, member enterprises, industry associations and key industrial parks, offering efficient docking channels for Chinese intelligent manufacturing players to access the Thai and ASEAN markets. Meanwhile, IME 2026 will help Thai manufacturers better understand advanced manufacturing technologies, intelligent equipment and digital solutions, accelerating the digital transformation of the region’s manufacturing industry. Through the platform, China and Thailand will forge closer interaction in intelligent manufacturing, industrial automation, robotics, CNC machine tools, electronic manufacturing, new energy and advanced equipment.

FTI’s participation further enhances IME 2026’s industrial credibility, resource connectivity and market influence, laying an important foundation for the expo’s long-term operation in Thailand. IME 2026 will continue to serve as a premier international exhibition platform, fostering technological exchanges, economic and trade cooperation, and industrial coordination between China and Thailand, while also helping to build a key cooperation platform for the development of intelligent manufacturing in ASEAN.

About IME
Intelligent Manufacturing Expo Southeast Asia 2026 (IME 2026) will be held at IMPACT Exhibition Center, Halls 5–6 in Thailand from July 22 to 24, 2026. Hosted by the TRADE DEVELOPMENT BUREAU OF MINISTRY OF COMMERCE, PRC, DEXPO Shanghai Industry & Commerce Exhibition Co., Ltd., and Hannover Milano Fairs Shanghai Ltd., this edition will highlight industrial innovation and intelligent transformation in Southeast Asia, effectively bridging the gap between global advanced manufacturing technology supplies and regional market demands. The expo will serve as a one-stop platform for manufacturing industry professionals to explore advanced manufacturing solutions, featuring cutting-edge technologies in Industrial Automation, CNC Machine Tools, AI & Robotics, Energy, New Materials, and more, to enhance the manufacturing industry’s technological capabilities.

Website
https://www.imesea.com/en

Visitor Registration
https://visitor.imesea.com/imeVisitor/AudienceEn/ExchSelect?registrationCode=MKT-meitongshe&inviteVisitorId=&teamCode=

(All financial figures in United States dollars unless otherwise stated)

VANCOUVER, BC, May 6, 2026 /PRNewswire/ — OceanaGold Corporation (TSX: OGC) (NYSE: OGC) (“OceanaGold” or the “Company”) reported its operational and financial results for the three months ended March 31, 2026. The consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) are available at www.oceanagold.com.

First Quarter Highlights

• Safely and responsibly produced 130,100 ounces of gold and 3,200 tonnes of copper, as per plan.
• All-In Sustaining Cost (“AISC”)^† of $2,094 per ounce.
• Record quarterly revenue of $715 million at a record average realized gold price of $4,894 per ounce.
• EBITDA Margin^† of 58%, net profit¹ of $228 million and EPS of $1.01.
• Record Operating Cash Flow of $382 million, generating strong Free Cash Flow^† of $255 million.
• Cash balance increased by 30% to $620 million. No debt, with revolving credit facility undrawn.
• Completed $77 million in share repurchases, in line with the $350 million buyback program for 2026.
• Released updated NI 43-101 technical reports for Haile, Macraes and Didipio, demonstrating a stable production profile and longer mine lives at each of the assets.
• Confirmed continuity and extension of a newly defined southern high-grade zone at Wharekirauponga, with the portal now constructed and decline development underway.
• Listed on the New York Stock Exchange (“NYSE”) on April 7, 2026.

Gerard Bond, President and CEO of OceanaGold, said “We have started 2026 strongly, delivering results broadly in line with our expectations, while continuing to execute on our growth and capital allocation priorities. Record Operating Cash Flow delivered a near-record $255M in Free Cash Flow in the quarter, growing our cash balance by 30% even after returning capital to shareholders through our dividends and buyback programs. Our NYSE listing in April further broadens our investor base, and we released encouraging exploration results at Wharekirauponga that highlight the quality and upside potential of this high‑grade orebody. Together, these first quarter achievements demonstrate our focus on execution and position us well to continue delivering on our plans and creating value for shareholders in 2026.”

Results Overview

Dividend

OceanaGold has declared a $0.09 per share dividend payable in June 2026. Shareholders of record at the close of business in each jurisdiction on May 20, 2026 (the “Record Date”) will be entitled to receive payment of the dividend on June 19, 2026. The dividend payment applies to holders of record of the Company’s common shares traded on the TSX and the NYSE.

Dividends are payable in United States dollars. Shareholders in other jurisdictions can elect to participate in Computershare’s international payments service if they want to receive dividends in an alternative currency. This dividend qualifies as an ‘eligible dividend’ for Canadian income tax purposes.

Share Buyback

In the first quarter, the Company completed $77 million of share repurchases. In February, the Company announced its intention to apply up to $350 million towards share buybacks in 2026, in addition to a tripling of the dividend.

Management Update

The Company announces that after 17 years, Liang Tang, EVP General Counsel & Company Secretary, advised of her intent to leave OceanaGold to spend more time with her family. The Company thanks Ms. Tang for her dedication, professionalism, poise, clear-thinking, advice and the many contributions she has made over her long and valued service.

Elizabeth Thampy has been appointed as OceanaGold’s new EVP General Counsel & Company Secretary.  With over a decade of experience in gold mining with other similar sized companies and several years at one of Canada’s largest law firms, Ms. Thampy brings a wealth of industry knowledge and a strong track record in securities law, corporate governance, risk management, and mergers & acquisitions. She joined OceanaGold on April 16, 2026.

Conference Call and Webcast:

Senior management will host a conference call and webcast to discuss the quarterly results on Thursday, May 7, 2026 at 10:00 am EDT (7:00 am PDT). To participate in the conference call, please use one of the following methods:

• Webcast: https://app.webinar.net/8KkdZq6zb7e
• Toll-free North America: +1 888-510-2154
• International: +1 437-900-0527

If you are unable to attend the call, a recording will be made available on the Company’s website.

About OceanaGold  

OceanaGold is a global intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the wholly-owned Haile Gold Mine in the United States of America; the wholly-owned Macraes and Waihi operations in New Zealand; and the 80%-owned Didipio Mine in the Philippines.

Cautionary Statement for Public Release 

This news release contains certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian and United States securities laws which may include, but are not limited to, statements with respect to: the Company’s planned production, cost and capital Guidance for 2026; the future financial and operating performance of the Company and its mining projects and the anticipated benefits therefor; anticipated results and developments in the operations of OceanaGold in future periods; the development, expansion and operation of the Company’s mining projects; anticipated production levels and mine lives; the estimation, realization and classification of Mineral Reserves and Mineral Resources; costs of production; estimates of growth capital, sustaining capital, operating and exploration expenditures; costs and timing of the development of new deposits and mines; the timing, cost and outcome of development, construction and expansion activities; costs and timing of future exploration and drilling programs, including the Company’s site and regional exploration programs; water management initiatives and strategies and tailings management initiatives at the Company’s operations; the adequacy of current financial resources and cash reserves; requirements for additional capital; governmental regulation of mining operations and exploration operations; the timing and receipt of required permits, certifications, approvals, consents and renewals under applicable legislation; the amount of and timing for anticipated purchases under the Normal Course Issuer Bid program; compliance with applicable environmental, social, health and safety and other regulatory requirements; geotechnical and operational conditions; social licence to operate and stakeholder relationships; competition for mineral properties; the availability and terms of financing; foreign operations and political, economic and regulatory conditions in the jurisdictions in which the Company operates; expectations regarding the impacts of the U.S.-Iran international conflict on the Company’s operations, including with respect to prices for and delivery costs of certain consumable items; governmental regulation of mining operations and exploration operations; fluctuations in commodity prices, including gold, copper and silver, and foreign exchange rates; the expected inclusion of Waihi and Didipio in the Company’s hedging program; anticipated environmental risks; title disputes or claims; changes in laws, taxation and accounting standards; and the timing and possible outcome of pending legal proceedings, regulatory matters and other disputes. All statements in this news release that address events or developments that the Company expects to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “may”, “plans”, “expects”, “projects”, “is expected”, “scheduled”, “potential”, “estimates”, “forecasts”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases, or may be identified by statements to the effect that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks include, among others: the risk of not achieving the Company’s production estimates, forecasts or 2026 Guidance; inaccuracy of Mineral Reserves, Mineral Resources and operating and capital cost estimates; the actual results of current and future production, development and/or exploration activities; possible variations of ore grade, metallurgy or recovery rates; changes in mine plans, project parameters or assumptions as plans continue to be refined; delays in, or inability to complete, development or construction or expansion activities or to re-commence or sustain operations as planned; failures or underperformance of plant, equipment, infrastructure or processes; geotechnical risks or events, including open pit wall stability, crown pillar failure, land subsidence and tailings dam failures; scarcity in and disruption of global supply chain and/or increases in prices, including as a result of international conflicts, such as the recent U.S.-Iran conflict; challenges associated with effective water management; environmental, health and safety and climate-related risks; risks related to community acceptance, stakeholder engagement and social licence to operate; competition for mineral properties and other growth opportunities; legal and regulatory challenges to current and future permits, certifications, approvals or licences; adverse judicial, regulatory or governmental decisions; delays in, or inability to obtain, financing or governmental approvals on acceptable terms; changes in laws, regulations, taxation regimes, regulated accounting standards or their interpretation or application; the risks associated with operating in foreign jurisdictions, including political instability, changes in policy or law, civil unrest or conflict; fluctuations in the prices of gold, copper and silver; general business, economic and market conditions (including changes in global, national or regional financial, credit, currency or securities markets); changes or developments in global, national or regional political and social conditions; fluctuations in foreign exchange rates, including the value of the U.S. dollar relative to the Canadian dollar, the New Zealand dollar or the Philippine peso; trade policies and tensions, including tariffs; inflationary pressure; labour availability, retention and turnover; accidents, labour disputes and other operational risks of the mining industry; limitations of insurance coverage or uninsured risks; the conclusions of economic evaluations, studies and models; information technology, artificial intelligence and cybersecurity risks; and those other factors identified and described in more detail in the section entitled “Risk Factors” contained in the Company’s most recent Annual Information Form and the Company’s other filings with Canadian securities regulators and the U.S. Securities and Exchange Commission, which are available under the Company’s profile on SEDAR+ at sedarplus.ca and sec.gov, respectively, and on the Company’s website at oceanagold.com. The list is not exhaustive of the factors that may affect the Company’s forward-looking statements.

The Company’s forward-looking statements are based on the applicable assumptions and factors Management considers reasonable as of the date hereof, based on the information available to Management at such time. These assumptions and factors include, but are not limited to, assumptions and factors related to the Company’s ability to carry on current and future operations, including: exploration and development activities; the timing, extent, duration and economic viability of such operations; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company’s ability to meet or achieve Guidance, estimates, projections and forecasts; the availability and cost of inputs; the price and market for outputs, including gold, copper and silver; foreign exchange rates; taxation levels; the timely receipt of necessary permits, certifications, approvals or licences; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.

The Company’s forward-looking statements are based on the opinions and estimates of Management and reflect their current expectations regarding future events and operating performance and speak only as of the date hereof. The Company does not assume any obligation to update forward-looking statements if circumstances or Management’s beliefs, expectations or opinions should change other than as required by applicable laws. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits or liabilities the Company will derive therefrom. For the reasons set forth above, undue reliance should not be placed on forward-looking statements.

Non-IFRS Financial Information

Adjusted Net Profit/(Loss) and Adjusted Earnings/(Loss) per share

These are used by Management to measure the underlying operating performance of the Company. Management believes these measures provide information that is useful to investors because they are important indicators of the strength of the Company’s operations and the performance of its core business. Accordingly, such measures are intended to provide additional information and should not be considered in isolation as a substitute for measures of performance prepared in accordance with IFRS. Adjusted Net Profit/(Loss) is calculated as Net Profit/(Loss) less the impact of impairment expenses and reversals, write-downs, foreign exchange (gains)/losses, gain on sale of assets and listing costs.

The following table provides a reconciliation of Adjusted Net Profit/(Loss) and Adjusted Earnings/(Loss) per share:

EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin

Management believes that Adjusted EBITDA is a valuable indicator of its ability to generate liquidity by producing operating cash flows to fund working capital needs, service debt obligations and fund capital expenditures. EBITDA is defined as earnings before interest, tax, depreciation and amortization. Adjusted EBITDA is calculated as EBITDA less the impact of impairment expenses and reversals, write-downs, gains/losses on disposal of assets, listing costs, foreign exchange gains/losses and other non-recurring costs. Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by revenue.

The following table provides a reconciliation of EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin:

Cash Costs and AISC

Cash Costs are a common financial performance measure in the gold mining industry; however, it has no standard meaning under IFRS. Management uses this measure to monitor the performance of the Company’s mining operations and its ability to generate positive cash flows, both on an individual site basis and an overall company basis. Cash Costs include mine site operating costs plus indirect taxes and selling cost net of by-product allocations and are then divided by ounces sold. In calculating Cash Costs, the Company includes the value of cash-settled stock-based compensation in the year of vesting. Cash Costs are reduced by copper and silver by-product cost allocations that are considered incidental to the gold production process, thereby allowing Management and other stakeholders to assess the net costs of gold production. The measure is not necessarily indicative of cash flow from operations under IFRS or operating costs presented under IFRS.

Management believes that the AISC measure provides additional insight into the costs of producing gold by capturing all of the expenditures required for the discovery, development and sustaining of gold production and allows the Company to assess its ability to support capital expenditures to sustain future production from the generation of operating cash flows, both on an individual site basis and an overall company basis, while maintaining current production levels. Management believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate the Company’s performance and ability to generate cash flow per ounce sold. AISC is calculated as the sum of Cash Costs, capital expenditures and exploration costs that are sustaining in nature and corporate G&A costs. AISC is divided by ounces sold to arrive at AISC per ounce.

 The following table provides a reconciliation of consolidated Cash Costs and AISC:

The following tables provide a reconciliation of Cash Costs and AISC for each operation:

Haile

Macraes

Waihi

Didipio

Net Cash/(Debt)

Net Cash/(Debt) has been calculated as total debt plus cash and cash equivalents. Management believes this is a useful indicator to be used in conjunction with other liquidity and leverage ratios to assess the Company’s financial health.

The following table provides a reconciliation of Net Cash/(Debt):

Operating Cash Flow before working capital movements

Operating Cash Flow before working capital movements is calculated as the cash flows provided by operating activities adjusted for changes in working capital. The following table provides a reconciliation of Operating Cash Flow before working capital movements:

Free Cash Flow

Free Cash Flow is calculated as cash flows from operating activities, less cash flow used in investing activities. Management believes Free Cash Flow is a useful indicator of the Company’s ability to generate cash flow and operate net of all expenditures, prior to any financing cash flows. The following table provides a reconciliation of Free Cash Flow:

 For further information please contact: Investor Relations: Rebecca Henare, Vice President, Investor Relations, Tel: +1 604-678-4095, ir@oceanagold.com; Valerie Burns, Manager, Investor Relations, Tel: +1 604-235-0742, ir@oceanagold.com; Media Relations: Louise Burgess, Vice President, Communications, Tel: +1 604-403-2019, info@oceanagold.com

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