Asante Gold Corp. is pleased to announce that it has entered into an agreement with BMO Capital Markets , pursuant to which BMO has agreed to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters , in connection with a bought deal private placement of an aggregate of 78,125,000 common shares in the capital of the Company at a price of C$1.60 per Common Share for aggregate gross proceeds of C$125,000,000 . In addition, the Company has also granted the Underwriters an option, exercisable in whole or in part up to 48 hours prior to the closing date of the Brokered Offering, to purchase up to an additional 11,718,750 Common Shares at the Offering Price for additional gross proceeds of up to C$18,750,000. The Company intends to use the net proceeds ...