Ashanti Goldfields Announces Purchase of Own Shares.NEW YORK--(BUSINESS WIRE)--Aug. 21, 1998--Ashanti Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. Company Limited announces that it has acquired through market purchases ordinary shares or securities representing ordinary shares ("Shares") as shown below: Date Number Price Paid Shares Purchased Purchased Purchased Lowest/Highest To Date 20 August 1998 10,000 US$ 7.50 2,400,235 The Shares which have been acquired will not be cancelled can·cel v. can·celed also can·celled, can·cel·ing also can·cel·ling, can·cels also can·cels v.tr. 1. To cross out with lines or other markings. See Synonyms at erase. 2. but will be held as treasury shares for possible re-issue at the Board's discretion.
CONTACT: Ashanti Goldfields Company Limited
Mona Caesar-Addo, Group Treasurer
Tel: (233) 21 778172/4
Ernest Abankroh, Assistant Company Secretary
Tel: (233) 21 761306
James Anaman, Corporate Affairs Manager
Tel: (233) 21 778178
or
Issued by:
John Goold, Shandwick Consultants - London
Tel: (171) 329 0096
or
Allan Jordan, Golin/Harris Communications - New York
Tel: (212) 697 9191
or
Allan Reynolds, Continental Communications -
Toronto Tel: (416) 964 6444
or
Terrence Maher, IPR - Melbourne
Tel: (61) 3 9209 9333
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