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Asante Receives Second US$100 Million Advance From Fujairah, Provides Interim Financing Update
GlobeNewswire·2025-06-02 11:00

VANCOUVER, British Columbia, June 02, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | U.S.OTC: ASGOF) (“Asante” or the “Company”) is pleased to announce that it has received the second US100millionadvancefromFujairahHoldingsLLC(the“SecondAdvance”),asscheduledundertheGoldForwardAgreement(the“GoldForwardAgreement”)describedintheCompany’snewsreleaseofDecember19,2024.AsantehasalsosecuredaUS100 million advance from Fujairah Holdings LLC (the “Second Advance”), as scheduled under the Gold Forward Agreement (the “Gold Forward Agreement”) described in the Company’s news release of December 19, 2024. Asante has also secured a US10 million bridge loan facility (the “Bridge ...