VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 12/11/17 -- Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE American:AKG)(NYSE MKT:AKG) announced today that a putative class action securities lawsuit filed in the United States District Court for the Eastern District of New York against Asanko Gold and several executives has been dismissed.
The lawsuit, claiming that the Company made alleged misstatements or omissions in a technical report and a press release relating to the Company's mineral resources estimates, was voluntarily dismissed without prejudice by lead plaintiff on November 21, 2017. No payment or any other consideration was paid by or on behalf of Asanko Gold or its executives in connection with the lawsuit's dismissal.
The lawsuit was docketed under Sumethasorn v. Asanko Gold, Inc., et al., Civil Action No. 1:17-cv-03280-ILG-RML (E.D.N.Y.) in the United States District Court for the Eastern District of New York.
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