Asante Gold Corp C.ASE

Alternate Symbol(s): ASGOF

Metals & Mining Gold

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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Asante Gold Corp

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Post by Betteryear2on Mar 02, 2022 8:07am

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Post# 34474042

ASANTE GOLD CLOSES C$102.26 MILLION PLACEMENT

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

Vancouver, British Columbia, March 02, 2022 (GLOBE NEWSWIRE) --

Asante Gold Corporation (CSE:ASE/ FRANKFURT: 1A9/U.S.OTC: ASGOF) (“Asante” or the “Company”) is pleased to announce that it has closed the previously announced private placement of common shares of the Company (see press release dated February 16, 2022), to raise C$102,255,850 at a price of $1.75 per share. A total of 58,431,914 shares will be issued pursuant to the placement.

ASANTE GOLD CLOSES C$102.26 MILLION PLACEMENT

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