One Year Extension to Expiry Date of Warrants
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES
FOR IMMEDIATE RELEASE SHARES ISSUED: 57,160,221
Vancouver, British Columbia – October 16, 2018 – Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/OTC:ASGOF) (“Asante Gold” or the “Company”) announces that the Company has extended the expiry date of 1,160,821share purchase warrants for an additional year. All the other terms and exercise conditions of the warrants remain the same as issued.
| WARRANT SERIES NUMBER | NUMBER OF WARRANTS IN SERIES | EXERCISE PRICE (unchanged) | ORIGINAL EXPIRY DATE | NEW EXPIRY DATE |
|---|---|---|---|---|
| Oct 2016-W-001 to 004; 007 | 962,655 | $0.25 | 20 OCT 2018 | 20 OCT 2019 |
| Oct 2016-AW- 001, 002 | 98,166 | $0.25 | 20 OCT 2018 | 20 OCT 2019 |
| US-WA-2016- OCT 2016 – W005, 006 | 100,000 | $0.15 | 20 OCT 2018 | 20 OCT 2019 |
On behalf of the Board
"Douglas R. MacQuarrie"
President and CEO
For further information please contact:
Douglas MacQuarrie, President and CEO, tel: +1 604-558-1134; E-mail: [email protected] Doreen Kent, Shareholder Communications, tel: +1 604-948-9450; E-mail: [email protected] Florian Riedl-Riedenstein, Director; European Investor Relations, E-mail: [email protected] Valentina Gvozdeva, Business Development, E-mail: [email protected] Additional information is available on our web site at: www.asantegold.com LEI Number: 529900F9PV1G9S5YD446 Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.