20160523 nr agm materials final · plan is separately available under the company’s sedar profile...

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PRESSRELEASE

ASANKO GOLD ANNUAL GENERAL MEETING INFORMATION

Vancouver,BritishColumbia,May23,2016–AsankoGoldInc.(“Asanko”orthe“Company”)(TSX,NYSEMKT:AKG)advisesitwillholditsAnnualGeneralMeeting(“AGM”)onThursdayJune16,2016.

Materials for theAGM, including its shareholdersproxycircular,havenowbeen filedatwww.sedar.comandatwww.sec.govandareavailableontheCompany’swebsiteatwww.asanko.com.

In the proxy circular, the Company provides details of its proposal to re-elect its current slate of sevendirectors, reappointKPMGLLPasauditorsandcertainmandateddisclosureabout corporategovernancematters.Includedinthisyear’sagendaisalsoaproposaltore-adoptashareholdersrightsplantoreplaceasimilaronethatexpiredin2015.TheRightsPlanwasnotadoptedinresponsetoanyspecifictake-overbidandisintendedtoensurethat,inthecontextofabidforcontroloftheCompanythroughanacquisitionofshares,allshareholdershaveanequalopportunitytoparticipatein,andadequatetimetoassess,anybidthatmaybemade.TheRightsPlanisdescribedindetailintheproxycircularandafullcopyoftheRightsPlanisseparatelyavailableundertheCompany’sSEDARprofileatwww.sedar.comandatwww.sec.gov.

Enquiries:

Forfurtherinformationpleasevisit:www.asanko.com,email:info@asanko.comorcontact:

AlexBuck-Manager,InvestorandMediaRelationsToll-Free(N.America):1-855-246-7341Telephone:+44-7932-740-452Email:alex.buck@asanko.com

WayneDrier-Executive,CorporateDevelopmentTelephone:+1-778-729-0614Email:wayne.drier@asanko.com

Neither Toronto Stock Exchange nor the Investment Industry RegulatoryOrganization of Canada acceptsresponsibilityfortheadequacyoraccuracyofthisrelease.