VANCOUVER, March 10, 2020 /PRNewswire/ - Asanko Gold
Inc. ("Asanko" or the "Company") (TSX, NYSE American:
AKG) is pleased to announce that Mr. Paul N. Wright will be appointed to the Board of
Directors, effective April 1, 2020.
Following the upcoming annual general meeting of shareholders (the
"AGM"), Mr. Wright is expected to be appointed Chair of the Board
of Directors of the Company. Mr. Colin
Steyn, the current Chair of the Board previously announced
that he would not be seeking re-election at the AGM, scheduled for
April 30, 2020.
"After a thorough search process that began last year, we are
very pleased that Paul has agreed to join our board and to take on
the role of non-executive Chairman following the AGM," said
Gordon Fretwell, Chair of Asanko's
Nominating and Governance Committee. "On behalf of the Board, I
would like to thank Colin Steyn for
his many years of dedication to Asanko."
In addition, at the upcoming AGM the Company will also be
seeking shareholder approval for a name change of the Company from
Asanko Gold Inc., to Galiano Gold Inc. Following shareholder
approval, the Company is expected to start trading on May 1, 2020 under the ticker symbol "GAU" on both
the Toronto Stock Exchange and the New York Stock Exchange
American.
"I'm looking forward to having Paul lead the board as we enter
into an exciting time for the Company," said Greg McCunn, Chief Executive Officer. "Paul's
extensive business and leadership experience will be extremely
valuable for Galiano Gold as we seek
to build a sustainable business capable of long-term value creation
for our stakeholders."
Mr. Wright served as Chief Executive Officer of Eldorado Gold
Corporation from October 1999 to
April 2017. He joined Eldorado Gold
in 1996 as Vice President, Mining and subsequently as Senior Vice
President Operations in October 1997.
Mr. Wright led the company through a period of intense
activity through which was created a leading international gold
company. Exploration discovery and acquisitions enabled
Eldorado to successfully develop
and operate mines on three continents creating a well valued and
respected company. Mr. Wright is a graduate of the University of
Newcastle Upon Tyne with over 40 years of international
experience in the development of open and underground mines. He is
a member of the Canadian Institute of Mining and Metallurgy, The
Institute of Materials, Minerals and Mining, and is a Chartered
Engineer (UK).
About Asanko Gold Inc.
Asanko is focused on building a
sustainable business capable of long-term value creation for its
stakeholders through organic production growth, exploration
and disciplined deployment of its financial resources. The company
currently operates and manages the Asanko Gold Mine, located in
Ghana, West Africa which is jointly owned with Gold
Fields Ltd. The Company is strongly committed to the highest
standards for environmental management, social responsibility, and
health and safety for its employees and neighbouring communities.
For more information, please visit www.asanko.com.
Neither Toronto Stock Exchange nor the Investment Industry
Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this
release.
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SOURCE Asanko Gold Inc.