US EditionAsante Announces Commitments of $470 Million Anchored by Appian and RMB; TSX-V Conditional Acceptance for Listing
- Asante Gold Corporation announced $470 million in credit and equity commitments to finance its growth plans and recapitalize short-term liabilities.
- The financing includes a $175 million package from Appian Capital Advisory LLP and a $170 million commitment from FirstRand Bank Limited.
- Asante Gold Corporation received conditional acceptance for the listing of Common Shares on the TSX Venture Exchange, with completion expected in August 2025.
- Completion of the financing is subject to negotiation and satisfaction of customary conditions, including a transaction with Kinross Gold Corporation.
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Asante Announces Commitments of $470 Million Anchored by Appian and RMB; TSX-V Conditional Acceptance for Listing
(All amounts expressed in U.S. dollars unless otherwise noted) VANCOUVER, British Columbia, June 17, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation...
Asante secures $470m in credit and equity commitments
Gold producer Asante Gold has secured $470-million in credit and equity commitments, laying the foundation for a financing package that will fund its growth ambitions and recapitalise its balance sheet. The commitments include a $175-million package from private funds advised by Appian Capital Advisory and a $170-million credit and underwrite commitment from Rand Merchant Bank (RMB), a division of FirstRand Bank. The financing also supports the …
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