Asante Gold Announces Appointment of David Anthony and Edward Nana Yaw Koranteng to Board of Directors

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[{"type":"text","content":" VANCOUVER, British Columbia, March 17, 2023 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) announces the appointment of David Anthony, Chief Executive Officer of Asante, and Edward Nana Yaw Koranteng, Chief Executive Officer of Minerals Income Investment Fund (“MIIF”), to the Company’s board of directors and the resignation of Nadia Abdul Aziz as a director of the Company, all with immediate effect. Douglas MacQuarrie, Chair of the Board, stated, “The Board will derive significant benefit from these two new appointments. Dave’s appointment follows naturally from his role as Asante’s Chief Executive Officer for the past year and previously as Chief Operating Officer. Edward’s appointment reflects both his deep experience in mine finance and his perspective as a representative of MIIF, a significant Asante shareholder and a strong supporter of Asante’s gold mining operations in Ghana. We thank Nadia for her outstanding contributions to Asante on the Board, the ESG and the Audit Committees. We look forward to her continued involvement in Asante’s community initiatives.” David Anthony has more than 40 years of experience in mine project development and operation at the senior management and executive levels. He worked with Barrick in Africa for 10 years and became COO of African Barrick Gold. He has also worked in Canada, Ecuador, Brazil, Indonesia, Chile and Argentina to design, deliver and operate open pit and underground mines. Prior to Asante, he was Chief Operating Officer of Cardinal Resources Limited before its takeover by Shandong Gold for more than $500 million. At the time, Cardinal was developing the 5 million oz (reserve) Namdini Gold Mine in Ghana. Edward Koranteng is a lawyer and an experienced corporate and investment banker with over 23 years working experience. Since 2021, as Chief Executive Officer of MIIF, a sovereign minerals wealth fund, he oversees the management of Ghana’s equity interest in mining companies and manages all royalties paid to the state from mining activities. Prior to his appointment to MIIF, Mr. Koranteng was the Business Head for East, Central and Southern Africa for Ghana International Bank plc (GHIB) in the United Kingdom, and was stationed primarily in Nairobi, Kenya where he was also responsible for GHIB’s energ...

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