Asante Gold Corp. announces that it has closed the working capital private placement announced October 19, 2020, for aggregate gross proceeds of $1,350,000. A total of 13,500,000 units at a price of $0.10 per unit were placed with two subscribers. Each unit consists of one common share of the Company, and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at an [...]
Asante Gold Corp. announces a private placement to accredited and exempt investors of up to 13,000,000 units at $0.10 per unit , for aggregate gross proceeds of up to $1,300,000. Each Unit will consist of one common share of the Company , and one Common Share purchase warrant . Each Warrant will entitle the holder to purchase one additional Common Share at an exercise price of $0.22 at any time during the 24 months [...]
Asante Gold Corp. announces that it has accepted oversubscriptions and closed the working capital private placement announced September 4, 2020, for aggregate gross proceeds of $301,750. A total of 3,017,500 units at a price of $0.10 per unit were placed. Each unit consists of one common share of the Company, and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at [...]
Asante Gold Corp. announces a private placement to accredited and exempt investors of up to 2,000,000 units at $0.10 per unit , for aggregate gross proceeds of up to $200,000. Each Unit will consist of one common share of the Company , and one Common Share purchase warrant . Each Warrant will entitle the holder to purchase one additional Common Share at an exercise price of $0.15 at any time during the 24 months following [...]
Asante Gold Corp. announces that the Company will soon commence a trenching program at our ‘513 Zone’ located 1.2km to the south west of the Kubi Main Gold resource1 on the Kubi Mining Lease, Ghana. This target is on the eastern margin of the main Ashanti shear zone – a major gold mineralizing structure that hosts numerous large mines including the nearby 66Moz AngloGold Ashanti Obuasi mine. The Company recently completed [...]
Asante Gold Corp. is pleased to announce that Dr. Roger Norwich has been appointed as a non-executive Director of the Company, and has been granted 350,000 incentive stock options for a five-year term at a price of $0.10 per share. Dr. Norwich trained as a Geologist at Manchester University, United Kingdom, and is a significant shareholder in Asante. He has a track record developed over the last twenty years of assisting [...]
Asante Gold Corp. sadly announces the passing of our long-time director and friend, Florian Riedl-Riedenstein, who passed away suddenly on July 7th in Vienna. He will be greatly missed. The Company extends its heartfelt condolences to Florian’s family. The Board of Directors have appointed Carsten Korch as a non-executive Director of the Company. Mr. Korch has also agreed to serve as an independent Director on the [...]
Asante Gold Corp. announces that the Company is planning to commence a trenching program over the 513 Zone showings, located 1.2km to the south west of the Kubi Main Gold resource1 on our Kubi Mining Lease, Ghana. This target is on the eastern margin of the main Ashanti shear zone – a major gold mineralizing structure in Ghana that hosts numerous large mines including the nearby 66Moz AngloGold Ashanti Obuasi mine. The [...]
Asante Gold Corp. has received the results of 3D magnetic modeling completed over our Kubi mining lease, Ashanti Gold Belt, Ghana. The results show that the Kubi Main Zone gold resource is intimately associated with, and interfingers, the western sheared contact of a magnetic high feature that plunges to more than 2km in depth. Link to 3D model video: http://www.asantegold.com/assets/Video/KubiMag3DSEMS.mp4 In Ghana [...]
Asante Gold Corp. announces that it has granted 200,000 incentive stock options to a consultant at a price of $0.10 per share, for a term of two years. EXPLORATION UPDATE Kubi East Trenching Program: During the months of January thru March a program to test previously located Induced Polarization anomalies, consisting of six excavator trenches and hand dug extensions, totaling 216m in length and to depths of 6m, were [...]
Asante Gold Corp. announces that it has closed the working capital private placement announced January 13, 2020, for aggregate gross proceeds of $124,500. A total of 2,490,000 units at $0.05 per unit were placed. Each unit consists of one common share of the Company, and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at an exercise price of $0.06 until March 12 [...]
Asante Gold Corp. announces that the Company will be hosting a webinar on Thursday February 27th at 11:00 AM EST to discuss why the ‘Game is now On’ with gold firmly in a bull market and breaking out above US$1600; Asante’s plans for the immediate future including potential funding/joint venture options to fund the development of our Kubi Gold project; new developments re potential large bore direct [...]