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Ascot Mining raises £646,997 via share placing

  PLUS-listed mining group Ascot Mining (PLUS:ASMP) has raised £646,997 via a share placing, which it said will be used for general working capital purposes. The company’s broker Daniel Stewart and...

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Ascot takes out US$1.1 million convertible loan with Yorkville

    Gold miner Ascot Mining (LON:ASMP) has agreed a US$1.1 million convertible loan with financier Yorkville Advisors Global Master SPV fund. Earlier this week, Ascot raised £650,000 through a placing...

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Ascot Mining reports increased gold production from Chassoul project

  Ascot Mining (PLUS:ASMP) said increased mining at the Chassoul gold project in Costa Rica has led to increased gold production. The company said 153 ounces of gold dore were produced in February this...

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Ascot Mining rated 'buy' by Daniel Stewart, which starts coverage

  Gold miner Ascot Mining (PLUS:ASMP) is forecast to produce 2,737 ounces of the precious metal for the financial year to September from its Chassoul mine by broker Daniel Stewart, which has started...

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Ascot Mining to begin trading on GXG exchange

  Shares in gold miner Ascot Mining (PLUS:ASMP) will begin trading on the GXG stock exchange from tomorrow (June 21). GXG Markets offers a more transparent trading model with prices set by the last...

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Ascot Mining confident it can increase production from Chassoul

  Gold miner Ascot Mining (PLUS:ASMP) said proceeds from production at its Chassoul mine in Costa Rica continue to be reinvested to improve operational reliability there. The mill is now working...

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Ascot Mining sheds Mineral Hill Industries stake

Ascot Mining (PLUS:ASMP, GXG:ASMP) has decided to dispose of its stake in Canadian resource company Mineral Hill Industries (CVE:MHI) to eliminate US$500,000 in associated debt. The company said the...

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Ascot Mining gets $200,000 convertible loan from CEO Jackson

  Ascot Mining (PLUS:ASMP, GXG:ASMP) announced that chief executive David Jackson has subscribed for convertible bonds totalling US$200,000. The notes, which are maturing on December 31 this year,...

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Ascot Mining strongly undervalued by market, says broker

Daniel Stewart & Co believes Ascot Mining (PLUS:ASMP, GXG:ASMP) is massively undervalued by the market and offers investors “superlative relative value” to a peer group of Central American gold...

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Ascot Mining: Mining to restart at Chassoul two weeks earlier than expected

  Operations are set to restart immediately at its Chassoul mine, Ascot Mining (PLUS:ASMP, GXG:ASMP) told investors today. It comes two weeks earlier than expected. "Chassoul aims to reach the previous...

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Decision over hearing due soon, says Ascot Mining

  Ascot Mining (LON:ASMP) said it is expecting a written decision soon on the legal action against its potential joint venture partner. The company’s La Toyota gold project in Costa Rica was stopped in...

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Ascot Mining announces equity swap to forge business links

  Ascot Mining (LON:ASMP) today announced an equity swap agreement in a bid to share business opportunities. The firm bought 20 million shares in Daulton Capital, now Arx Gold Corp, from Musketeer...

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Ascot Mining strikes $10mln funding deal to expand gold production

Costa Rica focused Ascot Mining (GXG:ASMP) has agreed a US$10mln funding deal which paves the way to expand gold production and increase exploration. It is issuing US$10mln worth of convertible...

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Ascot Mining takes legal action to trigger fund raise

  Ascot Mining (LON:ASMP) is seeking alternative sources of capital after the fund raising exercise announced on February 15 fell through. The company had planned to raise US$10mln through the issue of...

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