Asante Gold Secures $100 Million to Expand Ghana Mines Operations
Investment Overview
Asante Gold secures $100 million aimed at bolstering its operations across Ghana's mining sector. This significant funding will primarily target development at both the Bibiani and Chirano mines.
Strategic Investor Involvement
Approximately 90.7 million shares will be sold at C$1.50 each, aligning with a strategic investor's vision to enhance both mines' capabilities. This infusion of capital is poised to accelerate growth and expansion plans.
Development Prospects
The funding will also be utilized for infrastructure upgrades, exploration activities, and optimizing operational efficiencies at both sites.
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