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Asanko Gold Inc
Symbol AKG
Shares Issued 225,804,614
Close 2018-10-23 C$ 1.08
Market Cap C$ 243,868,983
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Asanko launches Women in Mining Botae Pa initiative

2018-10-23 12:21 ET - News Release

Mr. Peter Breese reports

ASANKO GOLD LAUNCHES THE WOMEN IN MINING BOTAE PA INITIATIVE

Asanko Gold Inc. has launched the Asanko Women in Mining Botae Pa initiative at the Asanko gold mine (AGM) in Ghana, West Africa. The Asanko gold mine is a 50:50 joint venture with Gold Fields Ltd., which is managed and operated by Asanko Gold.

Literally translated from the Ghanaian Akan language to mean "good purpose," the Botae Pa initiative is dedicated to the empowerment and furtherance of women at the Asanko gold mine and its catchment communities. This initiative has been the brainchild of the Asanko Women in Mining Chapter and is being financed 50:50 by the mine and its contractors.

The Botae Pa initiative's projects will be focused on achieving gender equality as well as empowering women and girls by promoting the mining sector to women as an exciting career choice, focusing on the needs of women and girls in the local communities in the areas of education, health, access to finance and business, and supporting the professional development of Asanko's women through mentoring and networking programs.

The Botae Pa initiative builds on Asanko Gold's existing corporate social responsibility (CSR) programs and meets the globally recognized United Nation's Sustainable Development Goal No. 5: achieve gender equality and empower all women and girls. To date, Asanko Gold's corporate social responsibility programs, under the umbrella, "the Asanko opportunity cycle," have focused on education, health, access to capital and financial literacy, vocational training and assisting local businesses.

Peter Breese, president and chief executive officer of Asanko Gold, commented: "Gender diversity isn't just a buzzword of the moment, it makes good business sense to have a work force that is made up of the best male and female talent out there.

"It's important that we continue to develop and promote the women within our business, as well as the girls in our local communities, as they are the next generation of leaders and decision makers, and the Botae Pa initiative provides a dedicated platform to fulfill this.

"CSR is key to Asanko's business and its long-term viability as a successful gold producer in Ghana. Over the past decade, we have built up a strong social licence to operate and have been recognized for our award-winning CSR projects. The Botae Pa initiative will complement these ongoing programs, as well as deliver on our commitment to the UN's SDG No. 5. I congratulate the Asanko Women in Mining Chapter for setting up this initiative."

Alongside the Botae Pa initiative, Asanko Gold also has a formal Women in Mining Charter outlining its commitment to gender diversity and empowerment, as well as a number of female-friendly policies designed to increase the number of women at the Asanko gold mine, which currently stands at approximately 10 per cent for 2018 and is above the national average of 7 per cent in the mining industry in Ghana. Amongst these policies are: prioritizing female applicants for vacant roles, provision of site accommodation for all women on the mine, maternity leave extended from 14 to 16 weeks, and the provision of site accommodation and meals for all nursing mothers and their nannies.

About Asanko Gold Inc.

Asanko Gold's vision is to become a mid-tier gold mining company that maximizes value for all its stakeholders. The company's flagship project, which is located in Ghana, West Africa, is the jointly owned Asanko gold mine with Gold Fields, which Asanko Gold manages and operates. Asanko Gold is managed by highly skilled and successful technical, operational and financial professionals. The company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities.

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