Asante Receives C$237M from Equity Offering, Completes Kinross Debt Restructuring
Asante Gold Corporation has received C$237 million in net proceeds from its equity offering completed on July 7, 2025. The funds were released after the company met all escrow conditions on August 12, 2025, for its private placement of 163.3 million subscription receipts at C$1.45 each. The company has also completed, on the same date, the restructuring of its obligations to Kinross Gold Corporation. This included a cash payment, share issuance, and a secured convertible debenture.
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