Asante Gold Extends Financing Deadlines
News related to:Asante Gold Corporation · 2 min read
VANCOUVER, British Columbia, Sept. 30, 2026 /CourierPR/ -- Asante Gold Corporation (TSXV: ASE | GSE: ASG | OTCQX: ASGOF), a growing mid-tier gold producer, developer, and explorer based in Ghana, has announced significant updates to its financing arrangements. The company has secured extensions to critical deadlines under its Senior Facilities Agreement and Mezzanine Facility Agreement, as well as a cost-to-complete certificate for its Kubi Gold Project.
The company had previously been required to secure at least US$100 million in new funding by September 30, 2026, and to deliver a cost-to-complete certificate by the same date. These deadlines have now been extended to October 31, 2026, and March 31, 2027, respectively. The new funding remains subject to Fujairah Holding LLC’s final internal approval process and the execution of related agreements.
The Company has agreed terms for the new funding with Fujairah Holding LLC, which has requested additional time to complete its internal approval processes. Asante Gold Corporation continues to work closely with its lenders, stream partner, and Fujairah to advance a longer-term financing solution.
The new funding deadline has been extended to October 31, 2026, and the cost-to-complete certificate deadline has been extended to March 31, 2027. The Company’s Senior Facilities Agreement and Mezzanine Facility Agreement, which include these new terms, have also been amended to reflect these changes.
Asante Gold Corporation operates the Bibiani and Chirano Gold Mines on the Sefwi-Bibiani Gold Belt in Ghana’s Western North Region. The Bibiani Gold Mine, which was fully permitted with on-site mining and processing infrastructure, commenced commercial production in November 2022. The Chirano Gold Mine, which began production in October 2005, comprises multiple open pit and underground operations and has produced over 3 million ounces of gold.
The company’s Kubi Gold Project, located on the Ashanti Gold Belt, is also advancing. Asante Gold Corporation is committed to responsible mining and the creation of lasting value for its shareholders, people, and host communities. The company is listed on the TSX Venture Exchange, the Ghana Stock Exchange, and the OTCQX Market in the United States.
The LEI Number for Asante Gold Corporation is 529900F9PV1G9S5YD446. Neither CIRO nor any stock exchange accepts responsibility for the adequacy or accuracy of this release.