Asante announces that it has reached agreement with Goknet Mining Company of Accra, Ghana, to modify the term sheet announced on October 14, 2014 with respect to finalizing a Definitive Agreement to form a 50:50 Joint Venture to develop the Kubi Gold Project in Ghana. Share trading remains halted by the Company pending completion of due diligence [...]
Asante announces that it has, subject to TSX Venture Exchange approval, entered into a binding term sheet with Goknet Mining Company Limited of Accra, Ghana, to form a 50:50 Joint Venture to further develop their Kubi Gold Project in Ghana, West Africa. The Project is located a 15 minute drive north of the town of Dunkwa, a main regional supply [...]
Asante Gold announces that it has acquired a 2% net smelter returns royalty interest in the SENECA 1 to 8 claims, Harrison Lake area. The NSS Property consists of 201 units covering an area of 4,231 hectares. It surrounds four claims that cover the historical Seneca Deposit and two claims that cover the Vent Zone (these six third party claims total [...]
Asante announces that it will use its best efforts to raise up to $500,000 by the private placement of up to 6.66 million units of the Company. The offering will be made to existing shareholders of the Company in Canada to a maximum of $15,000 per shareholder, unless the shareholder has obtained advice regarding the suitability of the investment [...]
Asante announces an Update to its news release of November 12th, 2012 wherein the Company reached an agreement to purchase a 1% NSR gold royalty interest in the Obotan Gold Project in Ghana held by Goknet Mining Company Limited of Accra, Ghana. Completion of this purchase is subject to certain closing conditions which have not yet been satisfied [...]
Asante announces final results and interpretation of the exploration drilling completed to date on the Fahiakoba gold concession in Ghana. Drill holes were spotted to test sections of airborne geophysical and ground auger soil geochemical anomalies. Initial drill holes were spaced from 400m to over 1km apart and later tightened to 100m step-outs [...]
Asante Gold announces that Douglas R. MacQuarrie, directly and indirectly has acquired through market purchases an additional 680,300 common shares of the Company from January 13, 2013 to November 18, 2013, at prices between $0.265 and $0.09 per share. The shares were purchased for investment purposes. Following the above-mentioned transactions [...]
Asante Gold announces the approval and adoption by its Board of Directors of an Advance Notice Policy. The purpose of the Policy is to provide shareholders, Directors and management of the Company with a clear framework for nominating directors of the Company. The Company is committed to: (i) facilitating an orderly and efficient annual general or [...]
Asante Gold would like to update its shareholders with respect to the announced acquisition of a 1% NSR royalty interest on the Obotan Gold Mine project in Ghana, published on November 12, 2012. The royalty holder, Goknet Mining Company Limited, of Accra has informed the Company that it has not yet received the necessary third party consent to the [...]
Asante Gold announces that Douglas MacQuarrie, directly and indirectly has acquired 1,000,000 common shares by the exercise of warrants at a price of $0.25 per share. The shares were purchased for investment purposes. Following the above-mentioned transactions, Douglas MacQuarrie beneficially owns, directly or indirectly, 4,474,000 common shares [...]
Asante Gold has reached agreement with Goknet Mining Company Limited, of Accra, to purchase a 1% NSR royalty Goknet holds on PMI Gold Corporation's Obotan Gold Project in Ghana. The Royalty is being purchased for a deemed consideration of $22.5 million consisting of the issuance of 45 million shares in the capital stock of the Company at a deemed [...]
Asante Gold has received final assays from a 1,200 hole soil auger program on the Fahiakoba concession in Ghana, West Africa. Drilling has now commenced, targeting six anomalous gold trends in the north eastern part of the concession. The targets have strike lengths from 200 metres to 600 metres and are co-incident with structural "breaks" that [...]