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
Japan grants up to $13.5 million under carbon scheme Project supports renewables target of 35% by 2030 Tunisia will host a 130-MW...
Turaco raises Afema gold resource to 4.65Moz from 4.06Moz Update adds Herman deposit, expands existing site resources Upgrade supports...
Nigeria authorizes export of 5.2 million clean cooking carbon credits Credits will be sold internationally under the CORSIA aviation...
Toyota Tsusho joins Lofdal project as a key industrial partner Japan strengthens its position in a bid to secure critical minerals The...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
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.