Asanko Gold Announces Board of Director Changes

Asanko Gold Announces Board of Director

Changes

VANCOUVER

,

Jan. 2, 2020

/CNW/ -

Asanko Gold Inc. ("Asanko" or the "Company") (TSX, NYSE

American: AKG)

announced today the resignation of Mr.

William Smart

from its Board of Directors. Mr. Smart

has served as Director of the Company since

November 2015

. As announced previously, Ms.

Judith Mosely

has been appointed to the board of directors effective

January 1, 2020

and will replace Mr. Smart, leaving the

total number of directors at seven.

Mr.

Colin Steyn

, Chair of the Board of Directors, has also decided that he will not be seeking re-election at the

next Annual General Meeting ("AGM") which is expected to be held on or about

April 30

, 2020. Mr. Steyn has

been a Director and Chairman since

October 2012

. The Company has initiated a search for an independent

director to replace Mr. Steyn on the slate of directors to be nominated for election at the AGM.

"I would like to thank Bill for his substantial contribution and commitment over the years,"

said

Greg McCunn

,

Chief Executive Officer. "I look forward to continuing to work with Colin over the coming months leading up to

the AGM as we work towards refreshing the board of directors in preparation for an exciting time for the

Company."

About Asanko Gold Inc.

Asanko is focused on building a low-cost, mid-tier gold mining company through organic production growth,

exploration and disciplined deployment of its financial resources. The company currently operates and

manages the Asanko Gold Mine, located in

Ghana

,

West Africa

which is jointly owned with Gold Fields Ltd.

The Company is strongly committed to the highest standards for environmental management, social

responsibility, and health and safety for its employees and neighbouring communities. For more information,

please visit

www.asanko.com

.

View original content:

http://www.prnewswire.com/news-releases/asanko-gold-announces-board-of-director-changes-300980324.html

SOURCE

Asanko Gold Inc.

View original content:

http://www.newswire.ca/en/releases/archive/January2020/02/c1133.html

%SEDAR: 00015923E

For further information:

Enquiries: Lynette Gould, SVP Investor Relations, Toll-Free (N.America): 1-855-

246-7341, Telephone: +1 778 729 0608, Email: [email protected]

CO: Asanko Gold Inc.

CNW 07:00e 02-JAN-20