Home West Africa Ghana Ghana: Asante Gold Raises $173m to Restructure Debt, Boost Ghana Operations

Ghana: Asante Gold Raises $173m to Restructure Debt, Boost Ghana Operations

Ghana: Asante Gold Raises 3m to Restructure Debt, Boost Ghana Operations

TLDR

  • Asante Gold Corporation has raised $173 million in a fully subscribed private placement to support its operations in Ghana and restructure its debt
  • The Canadian mining company aims to use the funds to strengthen its Bibiani and Chirano gold mines and simplify its capital structure
  • These receipts will convert to common shares upon completion of a larger $275 million aggregate financing

Asante Gold Corporation has raised $173 million in a fully subscribed private placement to support its…

Read more on AllAfrica.com

South Africa Today Africa – West Africa Ghana News