In Vancouver, British Columbia on August 12, 2025, Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | OTCQX: ASGOF) announced the successful execution of definitive agreements for a Financing Package worth around $500 million. This achievement allowed the company to meet the conditions for the first drawdown under the agreements, leading to the release of escrow conditions tied to a bought deal private placement. The placement involved 163,300,000 subscription receipts priced at C$1.45 each, generating total gross proceeds of approximately C$237 million. The Offering was completed on July 7, 2025, with all figures reported in U.S. dollars unless specified otherwise.