Asante Gold - One Year Extension to Expiry Date of Warrants

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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

VANCOUVER, British Columbia, April 24, 2018 (GLOBE NEWSWIRE) -- Asante Gold Corporation ASE (FRANKFURT:1A9) ASGOF ("Asante Gold" or the "Company") announces that the Company has extended the expiry date of 6,115,000 share purchase warrants for an additional year.  All the other terms and exercise conditions of the warrants remain the same as issued.

WARRANT
SERIES
NUMBER

NUMBER OF
WARRANTS
IN SERIES

EXERCISE
PRICE
(unchanged)

ORIGINAL
EXPIRY DATE


NEW EXPIRY
DATE


April 2016-011,000,000$0.2528 Apr 201828 Apr 2019
May 2016-01 and 03A600,000$0.256 May 20186 May 2019
May 2017-BW-01 and BW-02165,000$0.1531 May 201831 May 2019
May 2017-01, 02, 05 to 08, 09A
and 09B, 10A to 10H, 11 to 13
4,350,000$0.1531 May 201831 May 2019

On behalf of the Board

"Douglas R. MacQuarrie"

President and CEO

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
LEI Number: 529900F9PV1G9S5YD446

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

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