ASE. Asante Gold Corp

Asante Gold Board Changes Announced

Asante Gold Board Changes Announced

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

VANCOUVER, British Columbia, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/FRANKFURT:1A9/U.S.OTC:ASGOF) (“Asante” or the "Company") announces that Nadia Abdul Aziz has been appointed a Director of the Company, effective immediately.

In addition, Dr. Abdel-Majeed Haroun has stepped down and has agreed to continue to assist the company as a Special Advisor and Consultant. The Board thanks Dr. Haroun for his service to the Company and shareholders and wish him success in his future endeavours.

Mrs. Aziz who is a resident in Accra, Ghana joins fellow directors Bashir Ahmed (VP Production & Development, Accra, Ghana), Alex Heath (Independent Director, Audit Committee Chair, Vancouver), Carsten Korch (Independent Director, Lima, Peru), Douglas MacQuarrie (President & CEO, Vancouver), Roger Norwich (Independent Director, UK). The Board members are fully invested in the future of the company and currently own or exercise control over 42.06% of the shares on a fully diluted basis.

The Company also announces that an induced polarization survey has commenced on our Fahiakoba concession located immediately north of Perseus’ Edikan mine holdings. This program is to locate sulfide mineralization along the major Obuasi-Akropong shear zone where it crosses the concession. Previous drilling of 30 holes for 4,995 metres in 2012-13, targeted shear zones from a VTEM survey, auger soil drilling and ground VLFEM surveys, with best results in FAH12-005 @ 202m where a calcite quartz veinlet with pyrite and free gold assayed 0.5m @ 290 g/t Au; and the previously announced trenching program on the 513 zone at Kubi is continuing with results expected by the end of November.

"Douglas R. MacQuarrie"

President and CEO

About Asante Gold Corporation

Asante is continuing to source funding to expand and develop its Kubi Gold project to production, and is exploring the Keyhole, Fahiakoba and Betenase concessions/options for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghana’s Golden Triangle.

For further information please contact:

Douglas MacQuarrie, President and CEO, tel: ; E-mail:

Valentina Gvozdeva, Business Development, E-mail:

Doreen Kent, Shareholder Communications, tel: ; E-mail: Additional information is available on our web site at: LEI Number: 529900F9PV1G9S5YD446. Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

SHARES ISSUED: 86,563,257

EN
02/11/2020

Underlying

ASE.Asante Gold Corp

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Asante Gold Corp

 PRESS RELEASE
Free
ASE. Asante Gold Cor...

Asante Gold Announces C$206 Million Bought Deal Private Placement of S...

Asante Gold Announces C$206 Million Bought Deal Private Placement of Subscription Receipts Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, June 19, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT: 1A9 | U.S.OTC: ASGOF) ("Asante" or the "Company") is pleased to announce today that, further to its news release dated June 17, 2025 announcing the terms of a proposed US$470 million comprehensive financing package (the "Financing Package"), it has entered into an agreement with BMO Capital Mar...

June 19, 2025 1 EN
Free Trial
ASE. Asante Gold Cor...

Asante Gold Corp: 2 directors

Two Directors at Asante Gold Corp bought 284,200 shares at between 0.850CAD and 0.912CAD. The significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over th...

ASE. ASANTE GOLD CORP
02/04/25 February 4, 2025 1 EN
 PRESS RELEASE
Free
ASE. Asante Gold Cor...

Asante Announces Financing of Up to US$50 Million

Asante Announces Financing of Up to US$50 Million NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) today announced that it has entered into an agreement with Clarus Securities Inc. (“Clarus”) as Lead Agent, on behalf of a syndicate of agents (referred to collectively as the “Agents”), in connection with a “best efforts” private placement of up to US$50,000,000 (the “Offering...

January 23, 2023 1 EN
 PRESS RELEASE
Free
ASE. Asante Gold Cor...

ASANTE CONFIRMS PAYMENTS FOR BIBIANI GOLD MINE AND GOLD FORWARD PURCHA...

ASANTE CONFIRMS PAYMENTS FOR BIBIANI GOLD MINE AND GOLD FORWARD PURCHASE AGREEMENT Vancouver, British Columbia, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) announces that the Company has completed the second US$10 million payment to Resolute Mining Limited (“Resolute”) pursuant to an amendment letter agreement that was signed on August 24, 2022 (see press release dated August 31, 2022) that provided for a 90 day extension of time for the final tranche deferred payment of US$30 million (plus US$2.7 million in respect of an e...

October 20, 2022 1 EN
 PRESS RELEASE
Free
ASE. Asante Gold Cor...

ASANTE PROVIDES OPERATIONS UPDATE

ASANTE PROVIDES OPERATIONS UPDATE Vancouver, British Columbia, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) is pleased to provide an update and status report for the initiatives the Company has taken at its Bibiani and Chirano Gold Mines in Ghana. BIBIANI RAMP UP ON TRACK The first gold pour at the Bibiani Gold Mine (“Bibiani”) occurred on July 7, 2022, two months ahead of schedule.All process plant and mine facilities are operating on a 24 hour per day basis, with ~220,000 tonnes of ore treated in September. Asante plans ...

October 12, 2022 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch