Gold mining firm Asante Gold has acquired conditional approval to listing its frequent shares on the TSX-V, a transfer which CEO David Anthony says will present the corporate with elevated liquidity, larger visibility and enhanced market entry for Canadian and worldwide buyers.
“We imagine {that a} TSX-V itemizing can appeal to a wider funding viewers together with these establishments with funding mandates that specify sure exchanges, together with the TSX-V,” mentioned Anthony.
A timeline for the itemizing shall be introduced as soon as the corporate receives last approval.
Upon itemizing on the TSX-V, Asante will apply to delist its frequent shares from the CSE.
Asante presently operates the Bibiani and Chirano gold mines, with a mixed forecast manufacturing of 335 000 oz of gold over the following 12 months.
The corporate continues with technical research at its Kubi gold mission, to outline alternatives for development of manufacturing to 2023. All mines and initiatives are situated on the prolific Bibiani and Ashanti gold belts.