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Ashanti Goldfields Makes Announcement.


Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 14, 2000

Further to the announcement dated 10 January 2000 made by the 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 ("Ashanti" or the "Company"), Ashanti confirms that the legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies.  instituted in the Ghanaian High Court by four of its shareholders led by the Adryx Mining and Metals Limited have been adjourned until Wednesday, 19 January 2000 at the request of the counsel for the applicants.

Ashanti also announces that its hedge counterparties Counterparties

The parties on either side of an interest rate swap or a currency, equity or commodity swap, or to an options or futures position.
 have indicated that they will extend margin free trading until 5:30 p.m. on 3 February 2000. Subject to certain exceptions, Ashanti's lending banks have also indicated that they will roll-over those of Ashanti's facilities, which have expired, until 3 February 2000.

Certain of the statements made in this announcement are forward looking in nature. By their nature, forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. These factors include, but are not limited to, statements made in this announcement. In addition, risk factors relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 Ashanti can be found in its public SEC filings. Ashanti undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise. Any statements should be evaluated in the light of these factors.
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Publication:Business Wire
Geographic Code:6GHAN
Date:Jan 14, 2000
Words:217
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