Asante Gold Appoints Non-Executive Director and Incentive Stock Options Announced
18 August 2020 - 3:22PM
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
About Asante Gold
CorporationAsante 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: douglas@asantegold.comValentina Gvozdeva,
Business Development, E-mail: valentina@asantegold.comDoreen Kent,
Shareholder Communications, tel: +1 604-948-9450; E-mail:
d.kent@eastlink.ca
Additional information is available on our web
site at: www.asantegold.comLEI Number:
529900F9PV1G9S5YD446. Neither IIROC nor any stock exchange or
other securities regulatory authority accepts responsibility for
the adequacy or accuracy of this release.
SHARES ISSUED: 70,045,757
Otis Gold (TSXV:OOO)
Historical Stock Chart
Von Okt 2024 bis Nov 2024
Otis Gold (TSXV:OOO)
Historical Stock Chart
Von Nov 2023 bis Nov 2024