After review, the Board of Directors, in consultation with its legal and financial advisors, has determined that the Non-Binding Expression of Interest is not in the best interests of Asante or its shareholders The Company intends to continue pursuing financing alternatives VANCOUVER, British Columbia, April 20, 2023 -- Asante Gold Corp. announced [...]
Asante Gold Corp. is pleased to announce that it has completed its previously announced non-brokered placement of approximately C$27 million pursuant to which the Company issued a total of 18,232,000 units of the Company to a major institutional investor . Each Unit was sold at a price of C$1.50 and was comprised of one common share in the capital [...]
Asante Gold Corp. is pleased to announce additional results from its ongoing exploration drilling program at the Aboduabo prospect located on our Bibiani - Chirano mines corridor, Sefwi Greenstone Belt, Ghana. The Company announced initial exploration results at Aboduabo on January 17 and February 8, 2023. From the start of exploration by Asante [...]
Asante Gold Corp. is pleased to announce that is has entered into an agreement with a major institutional investor, pursuant to which Asante will sell, on a non-brokered private placement basis, 18,232,000 units of the Company at a purchase price of C$1.50 per Unit for aggregate gross proceeds of C$27,348,000 . Each Unit will be comprised of one [...]
Asante Gold Corp. announces the appointment of David Anthony, Chief Executive Officer of Asante, and Edward Nana Yaw Koranteng, Chief Executive Officer of Minerals Income Investment Fund , to the Company's board of directors and the resignation of Nadia Abdul Aziz as a director of the Company, all with immediate effect. Douglas MacQuarrie, Chair of [...]
Asante Gold Corp. today announced that it has amended the terms of a share purchase and sale agreement dated April 24, 2022, as amended , among the Company, KG Africa B.V. , an indirect subsidiary of Kinross Gold Corp. , and Kinross, pursuant to which, among other things, the Company acquired on August 10, 2022 all of the issued and outstanding [...]
Asante Gold Corp. is pleased to announce results from its ongoing exploration drilling program at the Aboduabo prospect located on our Bibiani - Chirano mines corridor, Sefwi Greenstone Belt, Ghana. The Sefwi Greenstone Belt is host to historically significant gold mining operations including our Bibiani and Chirano mines which have produced +8Moz [...]
Asante Gold Corp. today announced that it has entered into an agreement with Clarus Securities Inc. as Lead Agent, on behalf of a syndicate of agents , in connection with a "best efforts" private placement of up to US$50,000,000 at C$1.80 per share . The Offering is expected to close on or about February 9, 2023, and is subject to a number of [...]
Asante Gold Corp. announces a 20.7% increase in average monthly gold production for November and December 2022, as compared with the prior two months, from its Bibiani Gold Mine and Chirano Gold Mine in Ghana. Highlights Continued its record of no lost time from injuries Consolidated preliminary gold production of 23,760 and 24,180 ounces [...]
Asante Gold Corp. is pleased to announce results from its ongoing exploration drilling program at the South Russel and Aboduabo prospects located on our Bibiani - Chirano mines corridor on the Sefwi Greenstone Belt in Ghana. The Sefwi Greenstone Belt is host to significant gold mining operations including the Bibiani and Chirano mines which have [...]
Asante Gold Corp. announces that the Company has completed its second quarterly tranche payment on its forward gold purchase agreement through the delivery of 14,113.51 ounces of gold at US$1,904.68 per ounce representing US$26,881,720.43. About Asante Gold Corporation Asante is a gold exploration, development and operating company with a [...]
Asante Gold Corp. today disclosed that it has formed an executive committee of the Board and engaged advisors to protect the interests of all shareholders against a group of dissident shareholders . The Executive Committee believes that the Dissidents are promoting their own interests, and that some may have obtained confidential information about [...]