Orezone Gold Corporation (the "Company" or "Orezone") announced that the Company has secured binding commitments totalling in excess of $182 million to fully finance the construction of its shovel-ready Bomboré Gold Project ("Bomboré" or the "Project") located in Burkina Faso, West Africa ("Project Financing Package"). The Project remains on track for first gold pour by third quarter 2022. The Project Financing Package is comprised of the following key terms: $96 million senior secured debt facility with Coris Bank International ("Coris Bank") with interest rates of 8.0% and 9.0% ("Senior Debt Facility"). The Company has received a credit-approved binding term sheet from Coris Bank International for a senior secured project-level debt facility that is divided into a Medium-term Loan and a Short-term Loan. The Medium-term Loan will fund construction costs while the Short-term Loan will fund the remaining capital spend and initial working capital at a lower interest rate. Both loans are denominated in West African Communauté Financière Africaine francs ("XOF"), the official currency of Burkina Faso. The US dollar equivalents are shown using an exchange rate of 545 XOF per USD. As a portion of the project capital will be spent in XOF, the Senior Debt Facility in XOF will provide a natural currency hedge during construction. Medium-term Loan of $64 million (XOF 35.0 billion): Term of 5 years. Interest rate of 9.0% per annum. Availability period to June 30, 2022 with multiple drawdowns permitted and first drawdown by December 31, 2021. Deferral of principal repayments for the first 24 months. Early repayment permitted with a sliding scale prepayment penalty ranging from 2% to 3%. Short-term Loan of $32 million (XOF 17.5 billion): Term of 12 months from first drawdown. Interest rate of 8.0% per annum. Availability period to September 30, 2022 with two drawdowns permitted. First drawdown is to commence after full drawdown of Medium-term Loan. First principal repayment by January 31, 2023.