Asante Gold Congratulates Ned Goodman For IIAC Hal

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VANCOUVER, British Columbia, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE) (FRANKFURT: 1A9 ) (OTC:ASGOF) (“Asante Gold” or the “Company”) congratulates our Chairman, Mr. Ned Goodman on his induction into the IIAC Investment Industry Hall of Fame on October 26 ^th .

Mr. Goodman was honored by the IIAC for his contributions to Canada’s mining, real estate and financial services industries, in a career spanning more than fifty years.

Ned has been instrumental in helping to build numerous successful mining companies, including International Corona (the Hemlo gold mine) and Kinross Gold. Ned and his associates founded the first flow-through partnership in the 1980’s, establishing an industry that has yielded major benefits to junior explorers and miners by providing financial incentives to investors developing Canada’s resources.

He also had a major hand in the formation and growth of investment companies Beutel, Goodman & Company Ltd. and Dundee Corporation (including Dynamic Funds, Dundee Wealth Inc. and Dundee Realty now known as DREAM), which collectively have grown to oversee over $100 billion of third party assets. Ned is a founder and Deputy Chairman of the Canadian Securities Exchange which has a focus on assisting entrepreneurial companies to access capital. Importantly, he is also known for his major philanthropic support of higher education, culture and health care.

Douglas MacQuarrie, President & CEO, states: “The Board and our shareholders congratulate Mr. Goodman on his award, and look forward to continue working with and learning from one of Canada’s sharpest and most successful entrepreneurs.”

A photograph of Mr. Goodman addressing the guests at the IIAC award ceremony is available at: http://www.asantegold.com/assets/img/Ned IIAC Hall of Fame 26Oct17.pdf .

On behalf of the Board, "Douglas R. MacQuarrie" President and CEO

About Asante Gold Corporation Asante is continuing to source equity/debt or joint venture funding to develop the Kubi Mining Lease in Ghana as a potential near term underground mine; and exploring the Keyhole, Fahiakoba and Betenase concessions/options, all adjoining or along strike of major gold mines near the centre of Ghana’s Golden Triangle.

For further information please contact: Douglas MacQuarrie, President and CEO, tel: +1 604-558-1134; E-mail: douglas@asantegold.com Doreen Kent, Shareholder Communications, tel: +1 604-948-9450; E-mail:  d.kent@eastlink.ca Florian Riedl-Riedenstein, Director; European Investor Relations, E-mail:  frram@aon.net   Additional information is available on our web site at:  www.asantegold.com

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.