Management of Black Star Advisors and Black Star Brokerage has denied ever being engaged by the Minerals Income Investment Fund (MIIF) to advise on any private placement to do with shares of Asante Gold Corporation.
According to the Management, it is therefore patently false and deliberately misleading to accuse the company of causing US$5 million financial to the state through MIIF’s investment in Asante Gold.
In a statement issued on Monday 22nd August, 2022, Management indicated there is an orchestrated scheme to push false and misleading narratives about the company.
This follows a publication in the Daily Post newspaper of 22nd August, 2022 with the headline: ‘Deputy Finance Minister, Adu Boahen’s Company Black Star, accused of causing $5 million financial loss to the state through MIIF’s investment in Asante Gold.’
“There appears to be an orchestrated scheme to push false and misleading narratives about the Company. This is just the latest in a series of carefully crafted and deliberate efforts to cause significant harm to the Company and all its stakeholders.”
“Black Star treats all allegations against it seriously and will review all internal processes and take appropriate action where necessary to safeguard all its stakeholders,” the statement said.
Read a copy text of the statement below: