Following the formation of its local wholly owned subsidiary Emiral Resources Ghana Ltd. in February 2021 Emiral took an active interest in the country primarily known for it’s gold reserves.
Today Emiral performs initial exploration on over 170 sq.km divided into 3 prospecting blocks and has recently acquired a 19.9% stake in the company controlling the signature Bibiani gold mine.
August 18, 2021
Emiral Resources enters Ghana through its strategic investment with Asante Gold
Emiral Resources is pleased to announce its growing mining portfolio through its latest strategic deal, underwriting C$ 34,8 million investment into Asante Gold as part of an institutional placement and share purchase plan for their acquisition of Resolute’s Bibiani Gold Mine which was announced on Friday (6 August).
Emiral Resources will consolidate approximately 19.9% of shares in Asante Gold and see our founder, Boris Ivanov joining their board as an advisor.
The deal has been completed on August 16, 2021
February 25, 2021
Emiral Resources Limited incorporates its wholly-owned subsidiary in Ghana
Emiral Resources Limited incorporated in Ghana its wholly-owned subsidiary Emiral Resources Ghana Limited to develop mining projects in the country.