Precious Metals
Asante Gold starts process for dual listing on the ASX
The company said on Monday workstreams for the potential listing were well advanced, with Australian advisers appointed and preparation of listing materials under way.
“Bringing Asante to the ASX helps broaden our investor base and brings Asante to the same market as peer African and global gold producers,” president and CEO Dave Anthony said. “We are working with local Australian advisers and brokers, and look forward to expanding the institutional shareholder base in Australia to provide a liquid market for Asante shares on the ASX, once the listing is completed.”
Asante operates the Bibiani and Chirano gold mines in Ghana and is progressing technical studies at the Kubi project. Its exploration portfolio includes the Keyhole, Fahiakoba and Betenase projects along the Bibiani and Ashanti belts within Ghana’s Golden Triangle.
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