AFR NuVenture Resources is pleased to provide a preliminary update on the ongoing diamond drilling program on its Utopia gold property in southwestern New Brunswick. A program of approximately 600 ms over several holes is testing a gold in overburden anomaly, which is defined over a 1 km strike length in an area previously surveyed by 34 overburden drill holes. The assay results from the previous overburden holes had [...]
AFR NuVenture Resources Inc. announces that it held its Annual and Special Meeting of shareholders on June 1, 2022, at which all matters proposed by management were approved, supported by 100% of the votes of the shareholders who voted at the meeting. All directors were re-elected to the Board and, at the directors' meeting following the shareholders' meeting, management was re-appointed for the ensuing year. John [...]
AFR NuVenture Resources announces that TSXV has accepted for filing the Company's proposal to alter its Articles to allow for the location of shareholder meetings to be determined by way of a Directors Resolution dated April 11, 2022 and for such location to be within or outside BC. As a result, the Company will hold its annual meeting of shareholders on May 25, 2022 at 11:00 a.m. at the Company's office at Suite 204, 133 [...]
AFR NuVenture Resources Inc. announced on Feb 1, 2022 that it had entered into a letter of intent with private exploration company Edge Exploration Inc. pursuant to which it may earn up to a 100% interest in five claim groups totaling 9,277.1 ha in New Brunswick. The interest is earned by funding exploration programs to investigate known and inferred bedrock mineralization containing gold, silver, base metals, tungsten [...]
AFR NuVenture Resources announces that it has entered into a letter of intent dated Feb 1, 2022 with private exploration company Edge Exploration Inc. Pursuant to the LOI, the Company may earn up to a 100% interest in five claim groups by funding exploration programs to investigate known and inferred bedrock mineralization containing gold, silver, base metals, tungsten, molybdenum, rare earths, and other traditionally [...]
AFR NuVenture Resources Inc. announces that it has completed the field work on its geophysical program at the Silver Bell-St. Lawrence project near Virginia City, Montana. As reported in the Company's press release dated December 7, 2021, the program, being conducted by Clark Jorgensen of Big Sky Geophysics, Bozeman, Montana in consultation with Dr. John Childs, included magnetic and resistivity/induced polarization [...]
AFR NuVenture Resources announces that it has commenced a geophysical program at the Silver Bell-St. Lawrence project near Virginia City. The program will include magnetic and resistivity/induced polarization surveys. The purpose of the program is to attempt to identify and define additional sulfide-bearing veins or other mineralization, and establish drill targets. As has been reported earlier, the Project hosts two past [...]
African Metals Corp. announces that it has changed its name to "AFR NuVenture Resources Inc." pursuant to a directors' resolution dated November 3, 2021. The common shares of the Company will commence trading on the TSX Venture Exchange at the opening of trading on Tuesday, November 23, 2021 under the new name, ISIN number: CA00111F1027 and CUSIP number: 00111F102. There is no change in the trading symbol, which remains [...]
African Metals Corp. [TSXV:AFR] announces that it has granted incentive stock options to its directors and officers to acquire an aggregate of 1,800,000 common shares in the capital of the Company at an exercise price of $0.09 in accordance with the Company's 10% rolling incentive stock option plan. The exercise price is based on the closing market price on August 31, 2021 of $0.09 in accordance with TSX Venture Exchange policies [...]
African Metals Corp. is pleased to announce that the TSX Venture Exchange has confirmed that the Company has met the requirements to be listed as a TSXV Tier 2 company. Therefore, effective at the opening, Monday, August 30, 2021, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2, and the Filing and Service Office will change from NEX to [...]
Simeon Tshisangama, of 34 AV de la liberation, Lubumbashi, Democratic Republic of Congo, today announced that on May 17, 2021, he conditionally acquired ownership of 1,230,000 common shares of African Metals Corp. , a company with a head office at 1600-925 West Georgia Street, Vancouver, BC, V6C3L2, at a purchase price of CDN$0.075 per Share for an aggregate purchase price of CDN$92,250. Mr. Tshisangama acquired ownership [...]
African Metals Corp. is pleased to announce that, further to the Company's news release dated March 23, 2021, it has closed in escrow on May 17, 2021, subject to receipt of final approval from the TSX Venture Exchange , its non-brokered private placement of 4,000,000 common shares at a price of $0.075 per common share . The TSXV conditionally approved the completion of the Private Placement on May 3, 2021. The Private [...]