Latest news with #A
Yahoo
2 days ago
- Business
- Yahoo
Asante Announces Receipt of Net Proceeds from $125M Mezzanine, $50M Stream, $10M Non-Brokered Private Placement Financings, $5M Senior Debt First Utilization
VANCOUVER, British Columbia, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | OTCQX: ASGOF) ('Asante' or the 'Company') is pleased to announce that, further to its news release dated August 11, 2025 announcing the execution of definitive agreements relating to an approximately $500 million financing package (the 'Financing Package'), the Company has closed and received the net proceeds from the subordinated debt facility in the gross amount of $125 million ('M') (the 'Mezzanine Facility'), the gold stream financing in the gross amount of $50M (the 'Gold Stream') and the non-brokered private placement of common shares in the capital of the Company ('Common Shares') to certain funds advised by Appian Capital Advisory Limited ('Appian') for gross proceeds of $10M (the 'Non-Brokered Private Placement'). All amounts are in U.S. dollars unless otherwise indicated. Pursuant to the Non-Brokered Private Placement, the Company issued 9,484,828 Common Shares to Appian at a price equal to the U.S. dollar equivalent of C$1.45 per Common Share for aggregate gross proceeds to the Company of $10M. The Common Shares issued to Appian are subject to a statutory four month hold period pursuant to applicable Canadian securities laws which will expire on December 14, 2025. In addition, the Company has completed a $5M first utilization of the previously announced senior debt facility of $150M (the 'Senior Debt Facility'). Together with the net proceeds from the previously announced brokered private placement of subscription receipts (including the $53M payment to Kinross Gold Corporation announced on August 12, 2025) and the net proceeds from the Mezzanine Facility, Gold Stream and Non-Brokered Private Placement financings noted above, the first stage of funding of approximately $350 million under the Financing Package has been completed. Further to the Company's news release dated August 11, 2025, a second utilization and the full availability of the remaining $145M capacity under the Senior Debt Facility is anticipated to close by the end of August 2025. For additional information in respect of the Financing Package, including a summary of the terms of the Senior Debt Facility, the Mezzanine Facility and the Gold Stream, please refer to the Company's news release dated August 11, 2025. The Company intends to use the net proceeds of the Financing Package for development and growth expenditures at the Bibiani and Chirano mines, a cash payment to Kinross which was satisfied on August 12, 2025, the retirement of short-term liabilities and for general working capital purposes. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. About Asante Gold Corporation Asante is a gold exploration, development and operating company with a high-quality portfolio of projects and mines in Ghana. Asante is currently operating the Bibiani and Chirano Gold Mines and continues with detailed technical studies at its Kubi Gold Project. All mines and exploration projects are located on the prolific Bibiani and Ashanti Gold Belts. Asante has an experienced and skilled team of mine finders, builders and operators, with extensive experience in Ghana. The Company is listed on the Canadian Securities Exchange and the Ghana Stock Exchange. Asante is also exploring its Keyhole, Fahiakoba and Betenase projects for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghana's Golden Triangle. Additional information is available on the Company's website at For further information please contact: Dave Anthony, President & CEOFrederick Attakumah, Executive Vice President and Country DirectorTel: +1 604 661 9400 or +233 303 972 147Email: info@ Cautionary Statement on Forward-Looking Statements Certain statements in this news release constitute forward-looking statements, including, but not limited to the use of proceeds of the Financing Package and the Company's ability to complete all transactions related to the Financing Package. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the Company's inability to complete any or all of the transactions comprising the Financing Package on terms described in this news release or on other terms acceptable to the Company, the Company's inability to receive necessary regulatory approvals in respect of the Financing Package, variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's inability to obtain any necessary permits, consents or authorizations required for its planned activities, the Company's inability to raise the necessary capital or to be fully able to implement its business strategies, and the price of gold. The reader is referred to the Company's public disclosure record which is available on SEDAR+ ( Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except as required by securities laws and the policies of the securities exchanges on which the Company is listed, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Entertainment
- Yahoo
Why Meghan Markle & Prince Harry's New Netflix Deal Is Being Described as a ‘Downgrade'
Meghan Markle and Prince Harry are officially continuing their relationship with Netflix, but it has a new name. Long gone is the $100 million deal they nabbed in 2020; in comes a fresh term: 'creative partnership.' The Hollywood Reporter described the multiyear, first-look deal as a 'downgrade,' but it is the same contract they gave Barack and Michelle Obama after their initial production deal ran out. The one notable aspect of the new partnership is that neither power couple is exclusively tied to Netflix — they can take their work elsewhere if the streamer passes. More from SheKnows Meghan Markle's Minimalist Royal Style Has a New Fan - And It's Not Kate Middleton Meghan is also staying in business with the streaming network for her As Ever brand. 'We're proud to extend our partnership with Netflix and expand our work together to include the As Ever brand,' Markle said in a statement to the media outlet. 'My husband and I feel inspired by our partners who work closely with us and our Archewell Productions team to create thoughtful content across genres that resonates globally and celebrates our shared vision.' The Aug. 11 announcement was not surprising, and SheKnows even predicted that it would work out this way for the Sussexes in July. The British tabloids will try to spin this as a failure, when in reality, Hollywood is tightening up their budgets due to the rough economy, and Netflix isn't doing massive production deals anymore. Netflix sounds happy to be in business with Meghan and Harry, describing them as 'influential voices whose stories resonate with audiences everywhere,' in a statement. The Sussexes even have a list of projects to come with the network, including Season 2 of With Love, Meghan, their romantic feature film, Meet Me at the Lake, and a short documentary, Masaka Kids, A Rhythm Within. The news about Harry and Meghan aligns with what Netflix co-CEO Ted Sarandos has been saying all along because he is one of their biggest cheerleaders in Hollywood. 'We're a passive partner in Meghan's company, and it's a big discovery model for us right now,' Sarandos told Variety in March. 'I think Meghan is underestimated in terms of her influence on culture. When we dropped the trailer for the Harry & Meghan doc series [in 2022], everything on-screen was dissected in the press for days.' He continued, 'The shoes she was wearing sold out all over the world. The Hermès blanket that was on the chair behind her sold out everywhere in the world. People are fascinated with Meghan Markle. She and Harry are overly dismissed.' Harry and Meghan are still in business, so every critic who predicted their demise might need to find a new narrative. Before you go, click to see more of Meghan Markle & Prince Harry's milestones since leaving the royal family. Best of SheKnows 13 Famous Women You Totally Forgot Elvis Dated Celebrities Who Died Tragically Young: Kelley Mack, Lucy Markovic, & More Our Favorite Photos of Dazzling Couple JFK Jr. & Carolyn Bessette Solve the daily Crossword
4 days ago
- Entertainment
Star guests revealed in season 2 trailer for Meghan Markle's 'With Love, Meghan': Watch
"With Love, Meghan" is back with another impressive guest lineup. Meghan, the Duchess of Sussex, released the season 2 trailer for her Netflix series on Tuesday, featuring guests ranging from world-renowned chefs to spiritual leaders and celebrity friends. Meghan revealed the new season's premiere date in the caption of an Instagram post featuring the trailer, writing, "The best moments are made to be shared ✨ With Love, Meghan returns August 26th on @netflix." According to Netflix, season 2 will feature guests David Chang, Christina Tosi, Daniel Martin, Chrissy Teigen, Tan France, Samin Nosrat, Jay Shetty, Radhi Devlukia, Clare Smyth, Heather Dorak, and José Andrés. Set to Bobby Day's "Rockin' Robin," the trailer shows Meghan entertaining guests, cooking, making pottery, enjoying a bonfire and sharing laughs. "I love the idea of spending time together … and finding new ways to show people you care," she says in a voiceover. "Oh my gosh, I could do this every day," Teigen adds in the clip. "Let's get creative and learn something new," Meghan says at another point in the trailer. Toward the end, she offers a playful revelation about Prince Harry's diet, saying, "You know who doesn't like lobster? My husband." Andrés responds, "And you married him?" prompting Meghan to laugh. The trailer's release follows news that Meghan and Harry are extending their Netflix partnership, first launched in 2020. In a statement shared in a Netflix press release, Meghan said the pair were "proud to extend our partnership with Netflix and expand our work together to include the As Ever brand" -- a reference to her boutique food company -- adding that she and Harry felt "inspired by our partners … to create thoughtful content across genres that resonates globally and celebrates our shared vision." In addition to season 2 of "With Love, Meghan," Netflix announced a forthcoming December holiday special, "With Love, Meghan: Holiday Celebration," and a short documentary, "Masaka Kids, A Rhythm Within," produced with Campfire Studios, Wontanara Productions, and the Sussexes' Archewell Productions.
South Wales Guardian
5 days ago
- Entertainment
- South Wales Guardian
Harry and Meghan renew Netflix deal with first look partnership
Five years ago, Harry and Meghan secured a lucrative contract, thought to be worth more than 100 million dollars (£74 million) with the streaming giant after quitting as senior working royals in 2020. The first-look deal, which means Netflix will have the first option on Harry and Meghan's projects, was described by the Sussexes as 'extending their creative partnership'. But PR and crisis expert Mark Borkowski described it as a 'downgrade', and suggested Netflix was 'pivoting away' from Harry and Meghan. Mr Borkowski told the PA news agency the deal was a long way from the jackpot figure of their original contract. 'I think Netflix has done a very neat job of pivoting away from two very expensive people who didn't deliver, and they've taken that deal off the table, and they've given them a modest one,' he said. 'It's not like they're gradually uncoupling. It's a downgrade. Netflix are not going to expose themselves to those budgets again and it's Netflix saying 'Well, look, let's have a look at your content, but we'll pick and choose, mate'.' Mr Borkowski suggested the Sussexes would now be on a pay as you go deal, where they are paid for productions as and when they are selected by Netflix, rather than receiving an overall amount. 'I would be surprised if it's not pay as you go and it's well, well below that first mark (of an estimated 100 million dollars),' Mr Borkoski said. A representative for the Sussexes declined to comment on the financial arrangements of the deal. Meghan said: 'We're proud to extend our partnership with Netflix and expand our work together to include the As Ever brand. 'My husband and I feel inspired by our partners who work closely with us and our Archewell Productions team to create thoughtful content across genres that resonates globally and celebrates our shared vision.' Their new output will include a 'fun and heartwarming' second season of the duchess's With Love Meghan lifestyle show later this month, as well as a 'magical holiday celebration' Christmas special in December. Archewell Productions is also working on Masaka Kids, A Rhythm Within – a documentary about orphaned children in Uganda's Masaka region, where the 'shadows of the HIV/Aids crisis linger'. This comes after Harry stepped down from Sentebale, the charity he founded to help children orphaned by Aids in Lesotho, following a boardroom battle with the chairwoman. The duke, who is considering starting a new humanitarian charity, has vowed to continue his commitment to supporting youngsters in the region. The documentary will focus on 'the heart of Uganda's Masaka region, where the shadows of the HIV/Aids crisis linger, a small orphanage becomes a beacon of hope'. Netflix said: 'Masaka Kids, A Rhythm Within goes beyond the viral videos to reveal a vibrant, one-of-a-kind community where orphaned children transform hardship into joy, dancing their way toward healing, belonging and the promise of a brighter future.' There is also 'active development' on other projects with Netflix, which 'span a variety of content genres', including a feature adaptation of the bestselling romantic novel by Carley Fortune, Meet Me At The Lake. The Sussexes' most successful series has been Harry & Meghan – their controversial tell-all 2022 documentary about stepping back from royal duties and their struggles with the royal family. It totalled 23.4 million views and is Netflix's fifth most popular documentary series of all time. Harry & Meghan. Volume II: 15 December. Only on Netflix. — Netflix UK & Ireland (@NetflixUK) December 14, 2022 Bela Bajaria, Netflix's chief content officer, said: 'Harry and Meghan are influential voices whose stories resonate with audiences everywhere. 'The response to their work speaks for itself — Harry & Meghan gave viewers an intimate look into their lives and quickly became one of our most-watched documentary series. 'More recently, fans have been inspired by With Love, Meghan, with products from the new As Ever line consistently selling out in record time. 'We're excited to continue our partnership with Archewell Productions and to entertain our members together.' Love is in the details. ✨ With Love, Meghan, a new series, premieres January 15. — Netflix (@netflix) January 2, 2025 Harry's other ventures included a documentary about polo, Live to Lead about inspiring leaders and Heart of the Invictus, following competitors in the 2022 Invictus Games. Season one of Meghan's With Love Meghan lifestyle series, which saw the former Suits star offer hosting and cooking tips as she entertained friends, was savaged by critics. One review in The Guardian described it as a 'gormless lifestyle filler' and 'so pointless it might be the Sussexes' last TV show', while The Telegraph gave it two stars and branded it 'insane' and an 'exercise in narcissism'. Its release coincided with the launch of Meghan's As Ever brand, which sells flower sprinkles, pre-prepared baking kits and jam, and in which Netflix is also a partner. The couple's other major media deal with Spotify ended in 2023 after one season of Meghan's podcast Archetypes, with one of the streaming giant's executives later branding them 'grifters'.
Leader Live
5 days ago
- Entertainment
- Leader Live
Harry and Meghan renew Netflix deal with first look partnership
Five years ago, Harry and Meghan secured a lucrative contract, thought to be worth more than 100 million dollars (£74 million) with the streaming giant after quitting as senior working royals in 2020. The first-look deal, which means Netflix will have the first option on Harry and Meghan's projects, was described by the Sussexes as 'extending their creative partnership'. Meghan said: 'We're proud to extend our partnership with Netflix and expand our work together to include the As Ever brand. 'My husband and I feel inspired by our partners who work closely with us and our Archewell Productions team to create thoughtful content across genres that resonates globally and celebrates our shared vision.' Their new output will include a 'fun and heartwarming' second season of the duchess's With Love Meghan lifestyle show later this month, as well as a 'magical holiday celebration' Christmas special in December. Archewell Productions is also working on Masaka Kids, A Rhythm Within – a documentary about orphaned children in Uganda's Masaka region, where the 'shadows of the HIV/Aids crisis linger'. This comes after Harry stepped down from Sentebale, the charity he founded to help children orphaned by Aids in Lesotho, following a boardroom battle with the chairwoman. The duke, who is considering starting a new humanitarian charity, has vowed to continue his commitment to supporting youngsters in the region. The documentary will focus on 'the heart of Uganda's Masaka region, where the shadows of the HIV/Aids crisis linger, a small orphanage becomes a beacon of hope'. Netflix said: 'Masaka Kids, A Rhythm Within goes beyond the viral videos to reveal a vibrant, one-of-a-kind community where orphaned children transform hardship into joy, dancing their way toward healing, belonging and the promise of a brighter future.' There is also 'active development' on other projects with Netflix, which 'span a variety of content genres', including a feature adaptation of the bestselling romantic novel by Carley Fortune, Meet Me At The Lake. The Sussexes' most successful series has been Harry & Meghan – their controversial tell-all 2022 documentary about stepping back from royal duties and their struggles with the royal family. It totalled 23.4 million views and is Netflix's fifth most popular documentary series of all time. Harry & Meghan. Volume II: 15 December. Only on Netflix. — Netflix UK & Ireland (@NetflixUK) December 14, 2022 Bela Bajaria, Netflix's chief content officer, said: 'Harry and Meghan are influential voices whose stories resonate with audiences everywhere. 'The response to their work speaks for itself — Harry & Meghan gave viewers an intimate look into their lives and quickly became one of our most-watched documentary series. 'More recently, fans have been inspired by With Love, Meghan, with products from the new As Ever line consistently selling out in record time. 'We're excited to continue our partnership with Archewell Productions and to entertain our members together.' Love is in the details. ✨ With Love, Meghan, a new series, premieres January 15. — Netflix (@netflix) January 2, 2025 Harry's other ventures included a documentary about polo, Live to Lead about inspiring leaders and Heart of the Invictus, following competitors in the 2022 Invictus Games. Season one of Meghan's With Love Meghan lifestyle series, which saw the former Suits star offer hosting and cooking tips as she entertained friends, was savaged by critics. One review in The Guardian described it as a 'gormless lifestyle filler' and 'so pointless it might be the Sussexes' last TV show', while The Telegraph gave it two stars and branded it 'insane' and an 'exercise in narcissism'. Its release coincided with the launch of Meghan's As Ever brand, which sells flower sprinkles, pre-prepared baking kits and jam, and in which Netflix is also a partner. The couple's other major media deal with Spotify ended in 2023 after one season of Meghan's podcast Archetypes, with one of the streaming giant's executives later branding them 'grifters'.
