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🥇 Asante Gold Closes C$179.4M Bought Deal Private Placement
Asante Gold Corporation has successfully closed a C$179.4 million bought-deal private placement of common shares, strengthening its capital for growth and development of its mining operations in Ghana.
• Total raised: C$179.4 million from issuance of 112,125,000 common shares at C$1.60 each.
• Underwriters: Led by BMO Capital Markets with a syndicate including National Bank Financial and Clarus Securities.
• Purpose: Proceeds will fund development and growth at Bibiani and Chirano mines and general operations.
• Shares issued are under a four-month hold period under Canadian law.
Strong investor support for this bought deal reflects confidence in Asante’s growth strategy and Ghanaian gold assets, potentially enhancing production capacity and future returns.
#AsanteGold #GoldMining #EquityRaise #MiningInvestment #Commodities
$XAU
Asante Gold Corporation has successfully closed a C$179.4 million bought-deal private placement of common shares, strengthening its capital for growth and development of its mining operations in Ghana.
• Total raised: C$179.4 million from issuance of 112,125,000 common shares at C$1.60 each.
• Underwriters: Led by BMO Capital Markets with a syndicate including National Bank Financial and Clarus Securities.
• Purpose: Proceeds will fund development and growth at Bibiani and Chirano mines and general operations.
• Shares issued are under a four-month hold period under Canadian law.
Strong investor support for this bought deal reflects confidence in Asante’s growth strategy and Ghanaian gold assets, potentially enhancing production capacity and future returns.
#AsanteGold #GoldMining #EquityRaise #MiningInvestment #Commodities
$XAU
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