Markets.News
VANCOUVER, BC, August 12, 2025 - Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | OTCQX: ASGOF) shared that it has met the requirements to access funds from a $500 million financing arrangement. This marks the fulfillment of conditions for the release of escrow funds tied to a private placement. The placement involved 163,300,000 subscription receipts priced at C$1.45 each, generating around C$237 million in total proceeds. The offering was finalized on July 7, 2025. Please note that all figures are in USD unless stated otherwise.