LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Asanko Gold Inc. (“Asanko” or the “Company”) (NYSE MKT: AKG) investors concerning the Company and its officers’ possible violations of federal securities laws. To obtain information or aid in the investigation, please visit the Asanko investigation page on our website at www.glancylaw.com/case/asanko-gold-inc.
On May 31, 2017, Muddy Waters issued a report on Asanko asserting that the west wall of the Company’s Nkran satellite pit is in danger of collapsing or reaching a state where the Nkran satellite pit will no longer be profitable to mine, which may inhibit Asanko’s ability to fund other developments.
On this news, shares of Asanko fell sharply, over 31% to close at just $1.29 per share on May 31, 2017.
If you purchased Asanko securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to email@example.com, or visit our website at www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.