The Klein Law Firm Notifies Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by Asanko...
June 08 2017 - 2:25PM
Business Wire
The Klein Law Firm announces the commencement of an
investigation of Asanko Gold Inc. (NYSEMKT: AKG) concerning
possible violations of federal securities laws.
On May 31, 2017, the investment research firm Muddy Waters, LLC
published a report on Asanko asserting that: (1) Asanko made
investments based on flawed geology in Ghana’s Nkran, Esaase mines
that Muddy Waters believes “will never be recovered;” (2) Nkran is
already experiencing a serious collapse of its west wall requiring
a $75 – $115 million spend to keep mining, which is likely to cause
Asanko to run out of liquidity in 2018; and (3) there are
indications that some of Asanko’s resources models have been
“smeared,” which would cause estimates of their ore contents to be
inflated.
If you suffered a loss in Asanko and wish to obtain additional
information, please contact Joseph Klein, Esq. by telephone at
212-616-4899 or visit
http://www.kkclasslaw.com/AKG-Info-Request-Form-157.
Joseph Klein, Esq. is an experienced attorney and has also
practiced as a Certified Public Accountant. Mr. Klein represents
investors and participates in securities litigations involving
financial fraud throughout the nation. Attorney advertising. Prior
results do not guarantee similar outcomes.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170608006175/en/
The Klein Law FirmJoseph Klein, Esq., 212-616-4899Fax:
347-558-9665www.kleinstocklaw.com
Asanko Gold (AMEX:AKG)
Historical Stock Chart
From Aug 2024 to Sep 2024
Asanko Gold (AMEX:AKG)
Historical Stock Chart
From Sep 2023 to Sep 2024