Vancouver, British Columbia, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE: ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) is pleased to announce that, further to its news release dated April 25, 2022, it has closed the acquisition of all of the issued and outstanding shares in the capital of Red Back Mining Pty Ltd, which indirectly holds a 90% interest in the Chirano Gold Mine (“Chirano”) pursuant to a share purchase and sale agreement dated April 24, 2022, as amended, (the “Purchase Agreement”) among the Company, KG Africa B.V. (the “Vendor”), an indirect subsidiary of Kinross Gold Corporation (“Kinross”), and Kinross (the “Chirano Acquisition”). The Ghanaian government will continue to retain a 10% carried interest in Chirano.
ASANTE ANNOUNCES CLOSING OF ACQUISITION OF THE CHIRANO GOLD MINE IN GHANA
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