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A service for mining industry professionals · Monday, November 19, 2018 · 468,717,244 Articles · 3+ Million Readers

Correction to Pricing on One Year Extension to Expiry Date of Warrants

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

SHARES ISSUED:  57,160,221

VANCOUVER, British Columbia, Oct. 16, 2018 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/OTC:ASGOF) (“Asante Gold” or the “Company”) wishes to correct its previous announcement that the Company has extended the expiry date of 1,160,821 share purchase warrants for an additional year.  All warrants, including warrant series US-WA-2016-OCT 2016 – W005, 006 are exerciseable at the original strike price of $0.25 not $0.15 as reported. All the other terms and exercise conditions of the warrants remain the same as issued.

WARRANT
SERIES
NUMBER
NUMBER OF
WARRANTS
IN SERIES
EXERCISE
PRICE
(unchanged)
ORIGINAL
EXPIRY DATE
NEW EXPIRY
DATE
Oct 2016-W-001 to 004; 007 962,655 $0.25 20 OCT 2018 20 OCT 2019
Oct 2016-AW-001, 002 98,166 $0.25 20 OCT 2018 20 OCT 2019
US-WA-2016-OCT 2016 – W005, 006 100,000 $0.25 20 OCT 2018 20 OCT 2019

On behalf of the Board

"Douglas R. MacQuarrie"

President and CEO

For further information please contact:
Douglas MacQuarrie, President and CEO, tel: +1 604-558-1134; E-mail: douglas@asantegold.com
Doreen Kent, Shareholder Communications, tel: +1 604-948-9450; E-mail:  d.kent@eastlink.ca
Florian Riedl-Riedenstein, Director; European Investor Relations, E-mail:  frram@aon.net
Valentina Gvozdeva, Business Development, E-mail: valentina@asantegold.com
Additional information is available on our web site at:  www.asantegold.com
LEI Number: 529900F9PV1G9S5YD446
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

/EIN News/ --  

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