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File: AGZ NR Extension to Close PP Jan 20 2017.docx

 
 
 
 


NEWS RELEASE

Ashanti Gold Corp. Extends Closing of Private Placement 

VANCOUVER, BC - January 20, 2017 Ashanti Gold Corp. ("Ashanti" or the "Company") - (TSXV: AGZ) announces that the TSX 
--->Venture Exchange has agreed to extend the time within which the Company has to close the final tranche of its private 
--->placement announced on December 9, 2016 until January 31, 2017.

ABOUT ASHANTI GOLD 

Ashanti is a gold-focused, exploration and development company with projects in the northern Ashanti Belt of Ghana and
---> the Kinieba Belt of Mali.   The Company targets projects where it has a competitive advantage due to past work experi
--->ence of the team and specific project know-how.



On Behalf of the Board of Directors of
ASHANTI GOLD CORP.

"Tim McCutcheon"

Tim McCutcheon
CEO

For further information, please contact:
Ashanti Gold Corp.
2300 - 1177 West Hastings Street
Vancouver BC, V6E 2K3
Phone: 604-638-3847 


 NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
---> TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.