Asante Gold Corp. is pleased to announce that, further to its news release dated August 11, 2025 announcing the execution of definitive agreements relating to an approximately $500 million financing package , the Company has satisfied the conditions to first draw down under such definitive agreements, resulting in the satisfaction by the Company of the escrow release conditions relating to the bought deal private [...]
Asante Gold Corp. is pleased to announce that it has entered into the key definitive agreements for the Company's previously announced financing plans, and a restructuring agreement with Kinross Gold Corp. . All amounts are in U.S. dollars unless otherwise indicated. The Agreements encompass a senior debt facility in the amount of $150 million , a subordinated debt facility in the amount of $125M and a gold stream [...]
Asante Gold is pleased to announce that the Company has qualified to trade on the OTCQX® Best Market. Asante's common shares will begin trading today on the OTCQX under the symbol "ASGOF". Asante's common shares will continue to trade on the Canadian Securities Exchange under the symbol "ASE". Trading on the OTCQX Best Market offers companies efficient, cost-effective access to the U.S. capital markets. For companies [...]
Asante Gold is pleased to announce that it has closed its previously announced bought deal private placement of an aggregate of 163,300,000 subscription receipts of the Company at a price of C$1.45 per Subscription Receipt for aggregate gross proceeds to the Company of C$236,785,000, including the exercise in full of the option granted to the Underwriters. Each Subscription Receipt issued under the Offering entitles the [...]
Asante Gold 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, it has entered into an agreement with BMO Capital Markets, pursuant to which BMO has agreed to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters also including Clarus Securities Inc. as co-lead and Jett Capital [...]
Asante Gold is pleased to announce that it has received $470 million in credit and equity commitments, forming the foundation of a comprehensive financing solution that, when completed, would fully fund the Company's growth plans and recapitalize its short-term liabilities. This includes a $175 million financing package from private funds advised by Appian Capital Advisory LLP and a $170 million credit and underwrite [...]
Asante Gold announces the filing of its financial statements and management's discussion and analysis for the three months ended April 30, 2025. A summary of the financial and operating results for fiscal Q1 2026 are presented in this news release. For a detailed discussion of results for the first quarter, please refer to the Management's Discussion and Analysis filed on SEDAR+ at www.sedarplus.ca and Asante's website [...]
Asante Gold Corp. is pleased to announce that it has received the second US$100 million advance from Fujairah Holdings LLC , as scheduled under the Gold Forward Agreement described in the Company's news release of December 19, 2024. Asante has also secured a US$10 million bridge loan facility from a leading financial institution in Ghana, which is expected to make a substantially larger credit commitment as part of the [...]
Asante Gold Corp. announces with great sadness that Carsten Korch, a valued member of the Asante board of directors, has passed away. Carsten Korch had been a director of the Company since July 2020. He served as a member of the Company's Audit Committee and Compensation, Governance and Nominating Committee and led the ESG Committee. Throughout his tenure he made valuable contributions to the Board. A Danish national [...]
Asante Gold is pleased to announce an updated five-year outlook highlighting rapid production growth, declining costs, and robust free cash flow generation from its flagship mines in Ghana. The Chirano outlook also incorporates increased mineral reserves, marking the second consecutive year of mine life extension since acquisition by Asante. HIGHLIGHTS Annual production from Bibiani and Chirano anticipa...
Asante Gold announces the filing of its audited financial statements and management's discussion and analysis for the fiscal year ended Jan 31, 2025. A summary of the financial and operating results for fiscal 2025 are presented in this news release. For a detailed discussion of results for the full fiscal year and the fourth quarter, please refer to the Management's Discussion and Analysis filed on SEDAR+ and Asante's [...]
Asante Gold is pleased to report a significant ramp-up in activity to accelerate growth initiatives at Bibiani, supported by the immediate deployment of proceeds from the initial US$100 million gold forward sale. Highlights Acceleration of stripping activities at the Main pit and the Russel pit, with 300% increase in monthly material movement expected by June 2025 compared to recent levels Sulphide treatment plant [...]