iCrowd Newswire - Apr 14, 2020
ASANTE GOLD – NEWS MEDIA FLASH
FOR IMMEDIATE RELEASE SHARES ISSUED: 66,545,757
Vancouver, British Columbia – April 13, 2020 – Asante Gold Corporation
(CSE:ASE/ FRANKFURT:1A9/ U.S.OTC:ASGOF)
Dear Shareholders and Interested Followers:
We would like to take this opportunity to extend our sincere wishes that all our shareholders, employees and their families, wherever you are in the World, remain healthy and safe in these very challenging times.
As many of us are in “lockdown and physically distancing”, and have a bit of time on our hands, we have put together here our recent media interviews and some links of interest:
Chris Marcus of Arcadia Economics interviews Asante CEO:
April 9 Northern Miner interview by Daniel Sekulich, Business Writer – The Northern Miner – update on SMD Technology:
Latest presentation from Novamera Inc., on their commercialization of SMD – mining by big bore drilling:
Asante Gold Banner – sponsored on GATA.org website – a great source of information for all gold investors:
With multi – trillions of dollars of emergency funding being printed to fill in gaping holes in World GDP as a result of the devastating COVID-19 pandemic, we expect Worldwide currency debasement to rapidly accelerate. Over time, paper money will buy less and less real goods, as most of us are already observing every trip to the store.
The only real money that carries built in insurance to such debasement, and that has no counter-party risk, is gold bullion in your safe possession. Second best is owning a share of real gold stored safely in the ground – in the drilled off reserves and resources of gold mining/development companies (PCF Capital Group has recently noted that they observe a relationship between the Enterprise value (EV) of a listed gold company and the gold price less it’s All in Sustaining Costs (AISC) based on its gold reserves, see: http://www.pcfcapital.com.au/ ).
We wonder not if but when investors in gold ETF’s will realize that their “gold” investment is really just a gold derivative – paper gold – and not really personally obtainable, deliverable, gold?
Physical gold is very limited in supply and its price must increase when demand rises. Paper fiat money is unlimited and must eventually become worthless. Digital coins are at best just a speculation. There is no question which ‘asset class’ will survive a financial meltdown. Gold has already proven that for more than 5,000 years, and still does.
On behalf of the Board,
“Douglas R. MacQuarrie”
President and CEO
About Asante Gold Corporation
Asante is continuing to source funding to expand and develop its Kubi Gold project to production, and is exploring the Keyhole, Fahiakoba and Betenase concessions/options for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghana’s Golden Triangle.
For further information please contact:
Douglas MacQuarrie, President and CEO, tel: +1 604-558-1134; E-mail: [email protected]
Valentina Gvozdeva, Business Development, E-mail: [email protected]
Florian Riedl-Riedenstein, Director; European Investor Relations, E-mail: [email protected]
Doreen Kent, Shareholder Communications, tel: +1 604-948-9450; E-mail: [email protected]
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.
Contact Information:+1 604-558-1134