Asanko Gold and PMI Gold are pleased to announce that the acquisition of PMI by Asanko, pursuant to a plan of arrangement, received overwhelming approval by the shareholders of Asanko and PMI at their respective shareholders meetings held at the same time on January 30 and January 31, respectively. The Arrangement is expected to become effective on or about February 6, 2014 and is subject to the satisfaction of certain [...]
Asanko Gold and PMI Gold are pleased to announce that Institutional Shareholders Services and Glass Lewis & Co, leading independent proxy firms, have both recommended that shareholders vote for the special resolution to approve the plan of arrangement regarding Asanko's acquisition of PMI. The Arrangement is intended to create an emerging mid-tier gold producer with a clear pathway to 400,000 ounces of annual gold [...]
Asanko Gold and PMI Gold announces that they have filed their Joint Management Information Circularand related proxy materials with Canadian securities regulators, the ASX and the U.S. Securities Exchange Commission in preparation for their special meetings of shareholders. On December 17, 2013, Asanko and PMI announced a Business Combination between the two companies to be effected by means of a plan of arrangement (the [...]
Asanko Gold and PMI Gold are pleased to announce that they have entered into a definitive agreement whereby Asanko will acquire all of the common shares of PMI to create an emerging mid-tier gold producer with a clear pathway to 400,000 ounces of annual gold production. A joint conference call and webcast hosted by Peter Breese and Peter Bradford will be held today at 4:00pm (EST) and 1:00pm to discuss this transaction [...]
Highlights: - Definitive Loan Agreement signed with Red Kite for secured debt facility of up to $150 million - Combined with the current cash on-hand of $185 million , Esaase Gold Project fully financed - No hedging, cash sweep or limitations on the Company's growth strategy - Definitive Feasibility Study and permitting remain on track for completion during Q4 2013 - Front End Engineering and Design program to commence [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/20/13 -- Highlights:
-- Definitive Feasibility Study underway with several key opportunities to further improve the project being pursued. -- Permitting process continuing following the successful public hearing with submission of Environmental Impact Statement (EIS) due in July. -- Project financing initiated and advisors engaged. -- Project on-track to [...]
Quarterly Review of the S&P/TSX Composite and Global Mining IndicesTORONTO, June 14, 2013 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices effective after the close of trading on Friday, June 21, 2013:S&P/TSX COMPOSITE INDEX ADDITIONSIssue NameSymbol60/CompletionLive Composite GICS Sector IndexDundee International REITDI.UNCompletionReal Estate, REITNorbord [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/13/13 -- Asanko Gold Inc. ("Asanko" or the "Company") (TSX: AKG)(NYSE MKT: AKG) is pleased to announce that is has entered into a services agreement for the appointment of Ms. Alex Buck to manage investor relations for the Company, effective immediately.
Ms. Buck will manage Asanko's shareholder communications with the investment community to transform the Company from [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/14/13 -- Asanko Gold Inc. ('Asanko' or the 'Company') (TSX: AKG)(NYSE MKT: AKG) is pleased to announce that the Pre-Feasibility Study ('PFS') for its flagship Esaase Gold Project in Ghana, West Africa ('Esaase' or the 'Project'), has confirmed the technical and economic viability of the Project. All currency in this news release is quoted in United States Dollars unless [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/30/13 -- Asanko Gold Inc. (TSX: AKG)(NYSE MKT: AKG) ("Asanko" or the "Company") is pleased to announce the appointment of Patrick Kpekpena as General Manager - Operations at its flagship Esaase Gold Project in Ghana, West Africa.
Patrick is a Ghanaian Mining Engineer with extensive project management and operations experience both within Ghana and internationally [...]
Keegan Resources announced today that effective March 1, 2013 the Company will operate under the name Asanko Gold, reflective of the region in Ghana where it operates. Keegan's management decided to change the name of the company to reflect the transformation from an advanced stage exploration and development company to a significant gold producer. Keegan currently has $205 million dollars in the treasury and is planning [...]
Highlights:-- Extensive metallurgical test program increases weighted average gold recoveries from 88% to 92%, an increase of nearly 5%-- Test work confirmed the suitability of using a combination of gravity (free) gold recovery followed by flotation and a smaller more environmentally friendly CIL circuit-- Test work targeted all 3 types of ores found at the Esaase deposit (oxide, transition and fresh ores)-- Testing [...]
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