Ashanti Goldfields Announces Purchase of Shares.NEW YORK--(BUSINESS WIRE)--Aug. 26, 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: -0-
Date Number Price Paid(a) Shares
Purchased Purchased Lowest/Highest Purchased
To Date
25 August 1998 61,450 $ 7.125/7.375 2,461,685
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. ((a)If more than one purchased. Otherwise just price paid.)
CONTACT: Enquiries:
Ashanti Goldfields Company Limited
Mark Keatley, Chief Financial Officer
Tel: (233) 21 778171
Ernest Abankroh, Assistant Company Secretary
Tel: (233) 21761306
James Anaman, Corporate Affairs Manager
Tel: (233) 21 778178
or
Issued by:
John Goold, Shandwick Consultants - London
Tel: (44) 171 329 0096
Allan Jordan, Golin/Harris Communications - New York
Tel: (1) 212 309 0613
Allan Reynolds, Continental Communications - Toronto
Tel: (1) 416 964 6444
Terence Maher, IPR - Melbourne
Tel: (61) 3 9209 9333
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