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Asante Gold to acquire Bibiani Gold Mine from Resolute Mining for $90m.

Synopsis

Asante Gold, an exploration stage company, agreed to acquire Bibiani Gold Mine from Resolute Mining, a mining company that explores, develops, and operates gold mines in Africa, for $90m. “Resolute has made a commitment to deliver sustainable and enduring value to shareholders and to the communities in which we operate. Resolute is proud of its contribution to Ghana and particularly proud to have the opportunity to transfer ownership in Bibiani to a highly regarded team with strong ties to Ghana. I would once again like to reiterate my sincere gratitude to the Minister for his leadership, sense of integrity, and collaboration with Resolute and Asante to achieve a mutually beneficial outcome for all parties. Similarly, Resolute would like to acknowledge the significant contribution made towards this outcome by the Ghana Minerals Commission,” Stuart Gale, Resolute Managing Director & CEO.

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