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Asante Gold Corporation Delays First Tranche Closing of US$100 Million Non-Brokered Private Placement

Oct 25, 2024over 1 year ago

Contract Type

partnership

VancouverMiningPrecious MetalsMineral

Description

Asante Gold Corporation has announced a delay in the closing of the first tranche of the US$100 million non-brokered private placement due to foreign exchange conversion challenges. US$14 million of the first tranche has been received, and the balance of subscription funds is expected to arrive by October 31, 2024.

Company Information

Company

Asante Gold Corporation

Location

Vancouver, British Columbia, Canada

About

Asante Gold Corporation is a gold exploration, development, and operating company with a high-quality portfolio of projects and mines in Ghana. They are currently operating the Bibiani and Chirano Gold Mines and continue with detailed technical studies at their Kubi Gold Project.

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