TSXV:ASEMetals and Mining
A Look At Asante Gold (TSXV:ASE) Valuation After Its CA$13.8m Private Placement Completion
Asante Gold (TSXV:ASE) has just closed a non brokered private placement, issuing 8,625,000 common shares at CA$1.60 each for gross proceeds of CA$13,800,000. The funds are intended to support its Bibiani and Chirano mines and general working capital.
See our latest analysis for Asante Gold.
The private placement comes after a mixed share price run, with a 13.9% 1 month share price return but a 9.6% 3 month share price decline. At the same time, the 1 year total shareholder return of 75.7% and...