African Metals is pleased to announce that it has completed the sale of all or substantially all of its assets as approved by special resolution of its shareholders. The particulars of the transaction and the results of the special meeting of shareholders were disclosed in the Company's press release issued on October 9, 2018 and as more particularly described in the Management Information Circular which was sent to the [...]
African Metals announces the results of its special meeting of shareholders held on Friday, October 5, 2018 to approve by special resolution, the sale of all or substantially all of the Company’s assets and guarantee of Luisha Mining Enterprise SARL’s obligations under the related sale agreement, as more particularly described and set forth in the Management Information Circular (the “Circular”) which was sent to the [...]
African Metals announces that the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, on Friday, March 10, 2017, the Company's listing was transferred to NEX, the Company's Tier classification was changed from Tier 2 to NEX, and the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies. The trading symbol for the Company [...]
African Metals hereby provides a status update to the Management Cease Trade Order issued by the British Columbia Securities Commission on September 30, 2016. The MCTO prohibits all trading in and all acquisitions of the securities of the Company, whether direct or indirect, by Simeon Tshisangama, Chief Executive Officer, and Daniel Gregory, Chief Financial Officer, until two full business days following the receipt by [...]
Toronto, Ontario (FSCwire) - African Metals Corp. (the “Company”) (TSX:AFR; Frankfurt: OWW) hereby provides a status update to the Management Cease Trade Order (“MCTO”) issued by the British Columbia Securities Commission (“BCSC”) on September 30, 2016. The MCTO prohibits all trading in and all acquisitions of the securities of the Company, whether direct or indirect, by Simeon Tshisangama, Chief Executive Officer, and [...]
African Metals hereby provides a status update to the Management Cease Trade Order issued by the British Columbia Securities Commission on September 30, 2016. The MCTO prohibits all trading in and all acquisitions of the securities of the Company, whether direct or indirect, by Simeon Tshisangama, Chief Executive Officer, and Daniel Gregory, Chief Financial Officer, until two full business days following the receipt by [...]
African Metals hereby provides a status update to the Management Cease Trade Order issued by the British Columbia Securities Commission on September 30, 2016. The MCTO prohibits all trading in and all acquisitions of the securities of the Company, whether direct or indirect, by Simeon Tshisangama, Chief Executive Officer, and Daniel Gregory, Chief Financial Officer, until two full business days following the receipt by [...]
African Metals wishes to announce that, further to its press release of September 29, 2016, the Company’s application for a management cease trade order has been approved and the MCTO has been issued effective September 30. The Company will have the next 60 days to file the annual financial statements ended May 31, 2016 with a $800 filing fee by November 29, 2016. Under National Policy 12-203 s. 4.4, the Company must [...]
African Metals announces that the filing of its audited annual financial statements, management’s discussion and analysis, and the related officer certifications for the financial year ended May 31, will be delayed beyond the filing deadline of September 28, 2016. The Company had a sudden change in the management following the resignation of three of its Directors, its Chief Executive Officer ("CEO"), President, and Chief [...]
This press release replaces the release which was disseminated August 16, 2016 at 8 a.m. ET. That dissemination omitted several paragraphs at the end of the release. The omitted paragraphs were included in the PDF version which was linked to the original release. The corrected press release is below:
African Metals wishes to provide an update on its status and activities. As previously announced on July 18, 2016, the Company announced on June 23, 2016 that it had received the resignations of Kenneth B. de Graaf, Gerald Harper and Gavin Cooper as directors and officers of the Company and its subsidiaries, leaving Simeon Tshisangama as the sole remaining director of the Company. This left the Company without the [...]
African Metals announced on June 23, 2016 that it had received the resignations of Kenneth B. de Graaf, Gerald Harper and Gavin Cooper as directors and officers of the Company and its subsidiaries, leaving Simeon Tshisangama as the sole remaining director of the Company. This left the Company without the minimum number of directors required to carry on business. The TSX Venture Exchange (the “Exchange”) has halted the [...]
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