- Write by:
-
Tuesday, October 11, 2022 - 20:48:58
-
613 Visit
-
Print
Mining News Pro - Canada’s Asante Gold said on Tuesday it had been conditionally approved to list its common shares on the TSX Venture Exchange, which offers earlier-stage companies access to public venture capital.
The move, chief executive David Anthony said, will provide the company with increased liquidity, greater visibility, and enhanced market access for Canadian and international investors.
“We believe that a TSX-V listing can attract a wider investment audience including those institutions with investment mandates that specify certain exchanges, including the TSX-V,” Anthony said.
A timeline for the listing will be announced once the company receives final approval.
Upon listing on the TSX-V, Asante will apply to delist its common shares from the Canadian Securities Exchange, or CSE.
Asante currently operates the Bibiani and Chirano gold mines, both in Ghana, which are expected to produce 335,000 ounces of gold (combined) over the next 12 months.
The Vancouver-based miner acquired Bibiani last year from Australia’s Resolute Mining (ASX, LON: RSG). In June, it bought the Chirano gold mine, located immediately south of Bibiani, from Kinross Gold (TSX: K)(NYSE: KGC).
Short Link:
https://www.miningnews.ir/En/News/622263
Canadian miner Barrick Gold on Wednesday beat first-quarter profit estimates on higher bullion prices and said it has ...
Barrick Gold faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ...
Gold wavered as traders looked ahead to a week with a Federal Reserve rate decision meeting and key US jobs data.
Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world’s largest gold miner ...
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines ...
China’s Zhaojin Mining Industry said on Wednesday that its A$733 million ($477.8 million) offer to buy Australia’s ...
Toronto-listed miner OceanaGold Corp said on Wednesday it will raise 6.08 billion pesos ($106 million) through an ...
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines ...
Ghana Mine Workers Union is demanding the termination of the mining lease of Future Global Resources Ltd. because the ...
No comments have been posted yet ...