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Asante Gold Corp C.ASE

Alternate Symbol(s):  ASGOF

Asante Gold Corporation is a Canada-based gold exploration, development and operating company with a portfolio of projects and mines in Ghana. The Company is operating the Bibiani and Chirano Gold Mines and carrying on detailed technical studies at its Kubi Gold Project. All mines and exploration projects are located on the prolific Bibiani and Ashanti Gold Belts. Its Bibiani Gold Project is managed and operated by Mensin Gold Bibiani Mine Limited, a wholly owned Ghanaian subsidiary of the Company. The Ghanaian Government carries a 10% non-equity free carry in the Bibiani Mine. Its Chirano Gold Mines comprises the Akwaaba, Suraw, Akoti South, Akoti North, Obra, Sariehu, Mamnao and other open pits and the Akwaaba and Paboase underground mines. It is also exploring its Keyhole, Fahiakoba and Betenase projects for new discoveries, all adjoining or along strike of major gold mines near the center of Ghana's Golden Triangle. Its projects also include Aboduabo and ashanti II project.


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Post by scissors14on Jul 22, 2016 9:17pm
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Post# 25077775

Warrant Exercise Price Reduced

Warrant Exercise Price ReducedWarrant Exercise Price Reduced VANCOUVER, British Columbia, July 21, 2016 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE) (FRANKFURT:1A9) (the "Company") announces that the Company has received approval and has reduced the exercise price of 2,000,000 IPO share purchase warrants, originally exercisable at a price of $0.70 per share, to $0.15 per share until February 28, 2017. In the event the shares close on a daily basis at $0.20 or above for 10 consecutive trading days then the warrant holder will have 30 days to exercise or they will expire. By Order of the Board, "Douglas R. MacQuarrie" President and CEO About Asante Asante Gold Corporation (CSE:ASE) (FRANKFURT:1A9) is continuing to assess the Kubi Gold Mine Option as a high grade underground, direct shipping and toll milling operation; and it is exploring the Betanase concession optioned from Perseus Mining (Ghana) Limited and its 100% owned Fahiakoba concession, all located near the centre of Ghanas Golden Triangle.
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