News Industry

Asante Gold Shifts to Canada’s TSX Venture to Broaden Investor Base

Asante Gold Shifts to Canada’s TSX Venture to Broaden Investor Base
Tuesday, 23 September 2025 14:09

• Asante Gold to debut on TSX Venture Exchange September 24
• Company delists from CSE, keeps Ghana, Frankfurt, U.S. listings
• Aims for 500,000 oz gold output in Ghana by 2028

Asante Gold, the operator of Ghana's Bibiani and Chirano gold mines, announced Monday, September 22, that its shares will begin trading on the Canadian TSX Venture Exchange (TSXV) at the market open on Wednesday, September 24. The move, which was initially planned for August, is expected to give the company access to a broader base of Canadian investors as it pursues growth in Ghana.

As part of the transition, Asante Gold's shares will be voluntarily delisted from the Canadian Securities Exchange (CSE), where they are currently traded. The company’s shares will remain listed on the Ghana Securities Exchange (GSE), the Frankfurt Stock Exchange (FSE), and the U.S. OTC Market.

"Our listing on the TSXV marks another milestone for Asante.  We anticipate this listing will increase our visibility and liquidity through exposure to a broader base of investors, thereby adding to our potential for a meaningful re-rating," said Dave Anthony, the company's CEO. 

The increased investor exposure is meant to support the company’s ambitions in Ghana, where it plans to boost combined production from the Bibiani and Chirano mines to 500,000 ounces of gold by 2028. To finance these plans, the company announced a financial arrangement last June to raise $470 million. Asante is targeting combined production of up to 350,000 ounces from the two gold mines in 2025, a significant increase from the 189,600 ounces delivered in 2024.

Aurel Sèdjro Houenou

On the same topic
Shell plans to launch an exploration campaign of around five wells on PEL 39 starting April 2026. Shell recently booked a $400 million...
Blencowe raises £3 million via share placement for Uganda graphite project Funds support Orom-Cross development amid delayed lender financing...
Funds expand equipment credit for off-grid solar mini-grids in Africa Platform targets $800 million solar equipment orders over four years...
Floating regasification unit planned at Nador West Med port Project aims to secure gas supply after pipeline halt Morocco plans to commission its...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...

Benin Government Says Attempted Coup Against President Talon Has Been Foiled
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.