Dateline Appoints Alvarez & Marsal to Manage Colosseum Development

About this update from Dateline Resources Limited

Construction Manager and Owners Team SAN BERNARDINO, CA / ACCESS Newswire / May 22, 2026 / Dateline Resources Limited (ASX:DTR)(OTCQB:DTREF)(FSE:YE1) (Dateline or the Company) is pleased to announce the appointment of Alvarez & Marsal (A&M)(https://www.alvarezandmarsal.com) as the Construction Manager and integrated owners-team for the Colosseum Gold Mine development in San Bernardino County, California. A&M is a global leader in the delivery of infrastructure and capital projects, with over 12,000 professionals working in 43 countries. It has completed over 120 major projects for major mining companies over the past five years, with 30 major projects currently being managed. The scope of the engagement includes the following functions: The embedded nature of the engagement allows Dateline to have a team that can quickly scale up with proven professionals and robust systems to deliver the Colosseum Gold Mine, as detailed in the recently released BFS. A&M will work closely with the Company's FEED (Front-End Engineering and Design) team to accelerate the project both technically and commercially. This includes delivering fit for purpose contracts for the delivery of the processing plant via an EPC+M (Engineering, Procurement, Construction plus Management) model, as well as taking initial engagement with established local mining contractors for the timely delivery of Colosseum as soon as financing is settled. Dateline's Chief Operating Officer, Simon Slesarewich, commented: "Dateline intends to run a simple contracting strategy, through hard dollar commercial contracts wherever possible. A&M has an excellent reputation for on time, on budget project delivery by carefully managing budgets and timetables. "The team that Pierre has assembled for Colosseum is high calibre, with decades of experience in building and commissioning mining projects in North America. "We will now work together with A&M on the EPC+M contract for the Colosseum processing plant, the largest component of the mine development." Alvarez & Marsal's Managing Director, Pierre Légaré, commented: "We commenced discussions about Colosseum at the beginning of the year and have closely followed the progress of the Bankable Feasibility Study. We have reviewed and endorse Dateline's simple and effective execution strategy for the d...

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