One Year Extension to Expiry Date of Warrants

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 April 24, 2018

Vancouver, British Columbia – April 24, 201 8 – Asante Gold Corporation ( CSE:ASE/

FRANKFURT:1A9/OTC:ASGOF) (“Asante Gold” or the “ Company”) announces that the

Company has extended the expiry date of 6,115,000 share 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

April 2016-01 1,000,000 $0.25 28 Apr 2018 28 Apr 2019

May 2016-01 and

03A

600,000 $0.25 6 May 2018 6 May 2019

May 2017-BW-01

and BW-02

165,000 $0.15 31 May 2018 31 May 2019

May 2017-01, 02,

05 to 08, 09A and

09B, 10A to 10H,

11 to 13

4,350,000 $0.15 31 May 2018 31 May 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]

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.