TSXV:ASEMetals and Mining
Asante Gold (TSXV:ASE) Is Up 8.4% After $179M Equity Raise For Bibiani And Chirano Development
On January 6, 2026, Asante Gold Corporation closed a bought deal private placement, issuing 112,125,000 common shares at C$1.60 each for gross proceeds of C$179,400,000, with the brokered offering subject to final TSX Venture Exchange approval and the shares under a four-month hold period.
An interesting element for investors is that insiders participated on the same terms as other buyers, while the bulk of the capital is earmarked for development at the Bibiani and Chirano mines and for...