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Asante Gold Announces Purchase of Chirano Gold Mine for US$225 Million

April 26, 2022
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Bennett Jones is acting for Asante Gold Corporation in its share purchase agreement with Kinross Gold Corporation to acquire Kinross’ 90% interest in the Chirano Gold Mine for a total consideration of US$225 million. The Ghanaian government retains a 10% carried interest in Chirano—an operating open-pit and underground mining operation located in southwestern Ghana, immediately south of Asante’s Bibiani Gold Mine.

The Bennett Jones team is led by Ali Naushahi and includes Will Edwards, James Morand, Jessica Horwitz, Olivier Caron and Mitchell Dorbyk.

More information is available in Asante's news release.

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For informational purposes only

This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.