- Asante Gold Corporation (ASE) has announced a private placement to raise up to US$100 million
- Common shares will be priced at C$1.75
- The offering is expected to close by February 18
- Funds will be used for working capital, initial mine development costs at the Bibiani Mine and for other potential opportunities
- Asante Gold is a Vancouver-based gold exploration and development company
- Asante Gold Corporation (ASE) opened trading at C$1.52 per share
Asante Gold Corporation (ASE) has announced a private placement to raise up to US$100 million.
Common shares will be priced at C$1.75.
The offering is expected to close by February 18, 2022.
Funds will be used for working capital, including the payment of the second US$30 million payment to Resolute Mining Limited for the Bibiani Mine acquisition, initial mine development costs at the Bibiani Mine, and for other potential opportunities.
Asante Gold is a Vancouver-based gold exploration and development company focused on developing gold projects in Ghana.
Asante Gold Corporation (ASE) opened trading at C$1.52 per share.