TSXV:ASEMetals and Mining
Assessing Asante Gold (TSXV:ASE) Valuation After CAD 179.4 Million Private Placement
Why this CAD 179.4 million raise matters for Asante Gold
Asante Gold (TSXV:ASE) has just closed a CAD 179.4 million private placement at CAD 1.60 per share, a sizeable funding event that can influence dilution, balance sheet strength, and investor expectations.
The deal involved issuing 112,125,000 common shares, including full exercise of the underwriters’ option, with insiders participating alongside other investors. For you as a shareholder or potential buyer, the key questions are how...