Asante Gold Corp. today provided its first bi-weekly status update in connection with a management cease trade order granted by the British Columbia Securities Commission. Asante confirms there have been no material changes to the information provided in its May 3, 2023 news release. Pursuant to the MCTO, the Company has until June 30, 2023 to file [...]
Asante Gold Corp. is pleased to announce the filing of an amended technical report entitled "Amended NI 43-101 Technical Report, Chirano Gold Mine, Ghana, West Africa" in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects in connection with the Company's Chirano Gold Project , located immediately south of the [...]
Asante Gold Corp. announces that it has entered into a confidentiality agreement with Fujairah Holding LLC in connection with the previously-disclosed, unsolicited, non-binding and conditional expression of interest to acquire all of the Company's issued and outstanding common shares not held by Fujairah. The Company has granted Fujairah an [...]
Asante Gold Corp. announces that it has applied for, and received, a management cease trade order from the British Columbia Securities Commission pursuant to which the Company will have until June 30, 2023 to file its annual financial statements, and related CEO and CFO certifications, for the years ended January 31, 2023 and January 31, 2022 and [...]
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 [...]
