Asante Gold Corporation has announced that it has received conditional approval to list its common shares for trading on the TSX Venture Exchange. Final approval of the listing is subject to the Company fulfilling certain conditions required by the TSXV.
Asante Gold says its Company’s management team is actively working to satisfy such listing conditions. A timeline for the listing will be announced once the Company receives final approval.
Upon listing on the TSXV, the Common Shares are expected to continue trading under the symbol “ASE” and in connection with the transition the Company will apply to delist the Common Shares from the Canadian Securities Exchange.
David Anthony, President and CEO stated, “We are pleased to have received conditional approval from the TSXV and believe that a TSXV listing will provide the Company and its shareholders with increased liquidity, greater visibility and enhanced market access for Canadian and international investors. We also believe that a TSXV listing can attract a wider investment audience including those institutions with investment mandates that specify certain exchanges, including the TSXV.”
About Asante Gold Corporation
Asante is a gold exploration, development and operating company with a high-quality portfolio of projects and mines in Ghana. Asante is currently operating the Bibiani and Chirano Gold Mines with a combined forecast production of 335,000 oz of gold over the next 12 months. The Company continues with technical studies at its Kubi Gold Project, to define opportunities for advancement of production to 2023.
All mines and projects are located on the prolific Bibiani and Ashanti Gold Belts. Asante has an experienced and skilled team of mine finders, builders and operators, with extensive experience in Ghana. Asante is listed on the Canadian Securities Exchange, the Ghana Stock Exchange and the Frankfurt Stock Exchange. Asante is also exploring its Keyhole, Fahiakoba and Betenase projects for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghana’s Golden Triangle.
