Asante GOLD Appoints Non-Executive Director and Incentive Stock Options Announced
ASANTE GOLD APPOINTS NON-EXECUTIVE DIRECTOR
AND INCENTIVE STOCK OPTIONS ANNOUNCED
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES
FOR IMMEDIATE RELEASE SHARES ISSUED: 70,045,757
Vancouver, British Columbia – August 18 , 2020 – Asante Gold Corporation ( CSE:ASE/
FRANKFURT:1A9/U.S.OTC:ASGOF) (“Asante” or the "Company") is pleased to announce
that Dr. Roger Norwich has been appointed as a non-executive Director of the Company, and has
been granted 350,000 incentive stock options for a five-year term at a price of $0.10 per share.
Dr. Norwich trained as a Geologist at Manchester University, United Kingdom, and is a significant
shareholder in Asante . He has a track record developed over the last twenty years of assisting
smaller precious metal companies grow into much larger scale producing enterprises.
As the founding director of Mexican Silver Mines Ltd., Dr. Norwich was involved in its merger
into Rio Alto Mining and its development into a serious gold producer at the La Arena property in
Peru including assisting in its TSX and NYSE listings and eventual sale in 2015 to Tahoe
Resources Inc. for $1.12Billion.
Dr. Norwich was until very recently a director of Otis Gold Corp. (TSX-V:OOO) and helped
develop a significant gold resource at its Kilgore property in Idaho, USA and is now on the Board
of Excellon Resources Inc. (TSX:EXN) following the successful merger of the two companies in
April 2020. Dr. Norwich is resident in the Channel Islands.
Dr. Norwich states: “My driving spirit is to help small gold companies become large ones and I
am excited at the opportunity to engage with my new colleagues at Asante to expand and develop
in the near term what I believe to be very prospective gold assets”.
On behalf of the Board, we heartily welcome Dr. Norwich to assist us in our growth in this new
2020 bull gold market. We also take this opportunity to extend our sincere wishes that all our
shareholders, employees and their families remain healthy and safe in these difficult times.
"Douglas R. MacQuarrie"
President and CEO
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About Asante Gold Corporation
Asante is continuing to source funding to expand and develop its Kubi Gold project to production, and is exploring
the Keyhole, Fahiakoba and Betenase concessions/options for new discoveries, all adjoining or along strike of major
gold mines near the centre of Ghana’s Golden Triangle.
For further information please contact:
Douglas MacQuarrie, President and CEO, tel: +1 604-558-1134; E-mail: [email protected]
Valentina Gvozdeva, Business Development, E-mail: [email protected]
Doreen Kent, Shareholder Communications, tel: +1 604-948-9450; 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.