Ashanti Gold Corp to exercise Anumso Earn-in Option for 51%

5 Nov 2018 12:54

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration5 November 2018Goldplat plc (‘Goldplat’ or ‘the Company’)

Ashanti Gold Corp to exercise Anumso Earn-in Option for 51%

Goldplat, the AIM quoted gold producer with international gold recovery operations located in South Africa and Ghana and a gold mine in Kenya, notes the announcement released by Ashanti Gold Corp. (‘Ashanti’) in relation to Goldplat’s Anumso Gold Project in Ghana (‘Anumso’), in which Ashanti has decided to use its right to exercise an earn-in option for 51% of Anumso. Goldplat is currently conducting a review of Ashanti’s work on the licence as a formal part of the earn-in agreement and both parties are working on a development plan to further advance Anumso.

Gerard Kisbey-Green, CEO of Goldplat, said, “I am delighted that Ashanti have elected to exercise their option over Anumso, validating their confidence in the project. We have worked well with Ashanti to date and I believe that the partnership has, and will continue to add value to the asset, and more importantly, to our shareholders and to all other stakeholders including the local community.”

To read the full announcement released by Ashanti in compliance with NI 43-101, please visit Ashanti’s website: https://www.ashantigoldcorp.com/news/2018/ashanti-to-exercise-anumso-earn-in-option-for-51

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The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.