BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith 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.
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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.