Asante Gold Corp. , has issued 74,650,000 subscription receipts priced at $1 per subscription receipt to raise gross proceeds of $74,650,000. A further 1,593,000 subscription receipts were issued with respect to finder's fees. On closing of the previously reported Bibiani Mine transaction, now expected to occur on August 19, 2021, the 74,650,000 [...]
Asante Gold Corp. announces that the Company has granted 6.9 million incentive stock options at $0.75 per share for a term of 5 years to directors, consultants and employees. "Douglas R. MacQuarrie" President and CEO About Asante Gold Corporation Asante is a pure gold exploration and development company with a high-quality portfolio of projects in [...]
Asante Gold Corp. announces that it has recruited an industry proven operations leadership team that is tasked with expanding the resources and fast tracking the development of the Bibiani Gold Mine to production within the next year. New Management Team Dave Anthony: Chief Operating Officer A resident of Canada, Mr. Anthony holds a BSc Mining [...]
Asante Gold Corp. , to clarify our Press Release dated August 4, 2021, announces that it has accepted Subscription Receipts from accredited investors for C$80,000,000 at a price of C$0.70, which on completion will convert to 118,857,143 Asante common shares. A finder's fee of 4% of the total subscription receipts is payable in shares. No new [...]
Asante Gold Corp. announces that the Company has entered into an agreement with Resolute Mining Ltd. to purchase 100% of their Bibiani Gold Mine in Ghana. Highlights Asante has agreed to buy all of Resolute's interest in Bibiani, through the purchase of 100% of the shares in Mensin Bibiani Pty Ltd., by paying to Resolute total cash consideration of [...]
Asante Gold Corp. announces that the Government of Ghana has granted the Company a Forest Access permit which covers all forest areas within our Kubi mining lease. A resource infill drilling and deep resource expansion exploration program has commenced. The objective of the drill program, of up to 7,000m of RC and diamond drilling, is to fill in [...]
Asante Gold Corp. is pleased to announce the appointment of two internationally renowned mineral consultants to our mine development and exploration teams. Mr. Dave Anthony has been appointed as a Senior Project Development Consultant to the Board. Mr. Anthony has +40 years' experience in mining and mineral processing mostly gained at the senior [...]
Asante Gold Corp. is pleased to announce that Metso Outotec has been engaged as a Principle Project Development Partner to complete a preliminary capital and operating cost estimate on treatment options for processing of free-milling gold from our Kubi Gold Project in Ghana. Metso Outotec is a frontrunner in sustainable technologies, end-to-end [...]
Asante Gold Corp. is pleased to report that it has received notice from the Minerals Commission of Ghana that eight highly prospective concessions covering approximately 314 km2 have been recommended for transfer to Asante. These licenses are comprised of the Diaso , Juabo , Manhia , Dunkwa Gyimigya , Gyimigya , Agyaka Manso , Amuabaka and [...]
Asante Gold Corp. announces that it has closed the private placement announced on March 16, 2021, for aggregate gross proceeds of $7,016,265. A total of 47,710,602 units at a price of $0.15 per unit were placed with twenty-four subscribers, including 935,502 units which were placed with an arm's length finder. Malik Easah, an Executive Director of [...]
Asante Gold Corp. announces that assays have been received for the first hole of a three-hole geotechnical drill program at our Kubi Gold project in Ghana. DDHK21-001 was collared approximately 100m to the north of the Kubi Pit, near the middle of the *Kubi Main Mineral Resource. On this section gold mineralization has been previously outlined to a [...]
Asante Gold Corp. announces a private placement to accredited and exempt investors of up to 33,333,333 units at CAD$0.15 per unit , for gross proceeds of up to CAD$5.0 million. Each Unit will consist of one common share of the Company , and one Common Share purchase warrant . Each Warrant will entitle the holder to purchase one additional Common [...]
