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Galiano Gold Inc T.GAU

Alternate Symbol(s):  GAU

Galiano Gold Inc. is a Canada-based company, which operates and manages the Asanko Gold Mine, which is located in Ghana, West Africa, and jointly owned with Gold Fields Ltd. The Asanko Gold Mine is a multi-deposit complex, with four main open-pit mining areas: Abore, Miradani North, Nkran and Esaase, and multiple satellite deposits, situated on the Asankrangwa Gold Belt, and a five metric tons per annum (Mtpa) carbon-in-leach processing plant. The Asanko Gold Mine holds the land package within the belt, with approximately 21,000 hectares of tenure on this prospective and under-explored portion of central Ghana. The Nkran deposit is located within the Kumasi Basin on the Asankrangwa gold belt. The Nkran deposit is located on a jog along the regional Nkran Shear, which is a zone of about 15 kilometers in width. The Asankrangwa gold belt is located within the Kumasi basin. Its subsidiaries are Galiano Gold South Africa (PTY) Ltd and Galiano International (Isle of Man) Limited and others.


TSX:GAU - Post by User

Bullboard Posts
Comment by gold_diggers1on Jun 01, 2017 12:10pm
137 Views
Post# 26311569

RE:So many investigations coming...

RE:So many investigations coming...And now some positive news....

Asanko Gold bounces back from Muddy Waters short as analysts defend

|About: Asanko Gold Inc. (AKG)|By:, SA News Editor 

Asanko Gold (AKG +27.9%) rebounds from yesterday's 31% plunge that followed news that Muddy Waters was shorting the miner's shares,

AKG responded late yesterday with a promise to release an expanded feasibility study on its mine plans on Monday, which it said would "provide a complete rebuttal" to the Muddy Waters claims.

Analysts are out in support of AKG, with many saying the company already has addressed a key issue of remediation work required for the damaged western wall of its mine pit; Muddy Waters says a $115M pit wall pushback is needed to repair the damage, but AKG disagrees.

Scotiabank says it "continues to favor the merits of Asanko's key projects and team," but the "mud slinging" makes the company's update on Monday increasingly important.



gold_diggers1 wrote: Wow... everyone is jumping on the bandwagon.... And yet, AKG is trading green after initial sell-off at the open.....
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 Rosen Law Firm Files Securities Class Action Lawsuit Against Asanko Gold Inc. - AKG

05/31/2017 06:25 PM ET

NEW YORK, May 31, 2017 (BUSINESS WIRE) -- Rosen Law Firm, a global investor rights law firm, announces it has
filed a class action lawsuit on behalf of purchasers of the securities
of Asanko Gold Inc. (NYSE:AKG) from October 24, 2014 through May 31,
2017, inclusive (the "Class Period"). The lawsuit seeks to recover
damages for Asanko Gold investors under the federal securities laws.

===================================================================

Girard Gibbs LLP Investigates Potential Securities Claims for Investors of Asanko Gold

05/31/2017 06:32 PM ET
 

OAKLAND, Calif., May 31, 2017 (BUSINESS WIRE) -- Girard Gibbs LLP is investigating potential claims on behalf of
investors of Asanko Gold, Inc. (NYSE:AKG) involving possible securities
law violations.

=====================================================================

Lundin Law PC Announces Securities Class Action Lawsuit against Asanko Gold Inc. and Encourages Investors with Losses to Contact the Firm

05/31/2017 09:20 PM ET
 

LOS ANGELES, May 31, 2017 (BUSINESS WIRE) -- Lundin
Law PC, a shareholder rights firm, announces the filing of a class
action lawsuit against Asanko Gold Inc. ("Asanko" or the "Company")
(NYSE MKT: AKG) for possible violations of federal securities laws
between October 24, 2014 and May 31, 2017 inclusive (the "Class
Period"). Investors who purchased or otherwise acquired shares during
the Class Period should contact the firm prior to the July 31, 2017
lead plaintiff motion deadline.

===================================================================

Sutts, Strosberg LLP Announces Investigation of Asanko Gold Inc.

06/01/2017 08:49 AM ET
 

WINDSOR, Ontario, Jun 01, 2017 (BUSINESS WIRE) -- Asanko Gold Inc. (TSX: AKG; NYSE MKT: AKG), is being investigated by
Strosberg Sasso Sutts LLP, a law firm that represents investors in
securities class actions.

The firm is investigating the company in the wake of an announcement on
May 31, 2017 by a short seller who alleges that the company may have
made investments based on flawed geology and that some of the company's
resources models may have been inaccurate.

===============================================================

Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against Asanko Gold Inc.

06/01/2017 10:20 AM ET
 

LOS ANGELES, Jun 01, 2017 (BUSINESS WIRE) -- Goldberg
Law PC, a national shareholder rights litigation firm, announces the
filing of a class action lawsuit against Asanko Gold Inc. ("Asanko" or
the "Company") (NYSE MKT: AKG) for violations of 10(b) and 20(a) of
the Securities Exchange Act of 1934 and U.S. Securities and Exchange
Commission Rule 10b-5 promulgated thereunder.

Investors who purchased the Company's shares between October 24, 2014
and May 31, 2017 inclusive (the "Class Period"), are encouraged to
contact the firm before July 31, 2017, the lead
plaintiff motion deadline.

============================================================

Glancy Prongay & Murray LLP Commences Investigation on Behalf of Asanko Gold Inc. Investors

06/01/2017 10:30 AM ET
 

LOS ANGELES, Jun 01, 2017 (BUSINESS WIRE) -- Glancy
Prongay & Murray LLP ("GPM") announces an investigation on
behalf of Asanko Gold Inc. ("Asanko" or the "Company") (NYSE MKT: AKG)
investors concerning the Company and its officers' possible violations
of federal securities laws. To obtain information or aid in the
investigation, please visit the Asanko investigation page on our website
at www.glancylaw.com/case/asanko-gold-inc.

On May 31, 2017, Muddy Waters issued a report on Asanko asserting that
the west wall of the Company's Nkran satellite pit is in danger of
collapsing or reaching a state where the Nkran satellite pit will no
longer be profitable to mine, which may inhibit Asanko's ability to fund
other developments.

===========================================================

 



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