Asante Announces Receipt of Net Proceeds from $125M Mezzanine, $50M Stream, $10M Non-Brokered Private Placement Financings, $5M Senior Debt First Utilization

VANCOUVER, British Columbia, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | OTCQX: ASGOF) (“Asante” or the “Company”) is pleased to announce that, further to its news release dated August 11, 2025 announcing the execution of definitive agreements relating to an approximately $500 million financing package (the “Financing Package”), the Company has closed and received the net proceeds from the subordinated debt facility in the gross amount of $125 million (“M”) (the “Mezzanine Facility”), the gold stream financing in the gross amount of $50M (the “Gold Stream”) and the non-brokered private placement of common shares in the capital of the Company (“Common Shares”) to certain funds advised by Appian Capital Advisory Limited (“Appian”) for gross proceeds of $10M (the “Non-Brokered Private Placement”). All amounts are in U.S. dollars unless otherwise indicated.