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Asante Gold Secures Extensions on Key Financing Deadlines

Asante Gold Secures Extensions on Key Financing Deadlines

MT newswireMT newswire2026/09/30 20:06
04:06 PM EDT, 09/30/2026 (MT Newswires) -- Asante Gold (ASE.V) said Wednesday its lenders, stream purchaser and hedge counterparty have agreed to extend key deadlines tied to its financing arrangements. The company said it was previously required to secure at least US$100 million in new funding and provide a cost-to-complete certificate by Wednesday. "The company has agreed terms for this funding with Fujairah, which has requested additional time to complete its internal approval processes," it added. The funding deadline has now been extended to Oct. 31, 2026, while the deadline for the cost-to-complete certificate has been extended to March 31, 2027, according to the statement. The new funding remains subject to Fujairah's final approval and the execution of the related agreements, Asante Gold said. Asante shares were up CA$0.01 at CA$0.78 at last look.
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