viewAsante Gold Corp.

Asante Gold unveils plans to raise $500,000 via placing

Asante said it will offer up to 5mln units at 10 cents each.

Asante announced plans to raise half a million dollars

Asante Gold Corp (CVE:ASE) unveiled plans for an exploration campaign and working capital private placing to raise $500,000 gross.

The firm says it will issue up to 5mln units at 10 cents each.

Each unit will consist of one company share and one transferrable share purchase warrant.

Each warrant will entitle the holder to purchase a further share for 15 cents for 12 months from the closing date of the private placing.

All securities purchased under the offering will be subject to a four month and one day hold period.

Asante is developing the Kubi mining lease and exploring the Keyhole, Fahiakoba and Betenase concessions, all adjoining or along strike of major gold mines near the centre of Ghana's golden triangle.

Quick facts: Asante Gold Corp.

Price: 0.03 CAD

Market: CSE
Market Cap: $1.92 m

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Asante Gold's Douglas MacQuarrie talks through 'encouraging' Keyhole...

Douglas MacQuarrie, chief executive of Asante Gold Corp ( CVE:ASE, CNSX:ASE,) tells Proactive they've seen some encouraging results from first drilling at the Keyhole option property in the Asankrangwa gold belt in Ghana, which have prompted an expanded exploration program. The work...

on 29/4/17

2 min read