Gold mining company Asante Gold has received conditional approval to list its common shares on the TSX-V, a move which CEO David Anthony says will provide the company with increased liquidity, greater visibility and enhanced market access for Canadian and international investors.
“We believe that a TSX-V listing can attract a wider investment audience including those institutions with investment mandates that specify certain exchanges, including the TSX-V,” said Anthony.
A timeline for the listing will be announced once the company receives final approval.
Upon listing on the TSX-V, Asante will apply to delist its common shares from the CSE.
Asante currently operates the Bibiani and Chirano gold mines, with a combined forecast production of 335 000 oz of gold over the next 12 months.
The company continues with technical studies at its Kubi gold project, to define opportunities for advancement of production to 2023. All mines and projects are located on the prolific Bibiani and Ashanti gold belts.