Akwaaba Mining Ltd. wishes to correct an error in its press release entitled "Akwaaba Mining Ltd. ANNOUNCES SHARE CONSOLIDATION" issued October 13, 2023 . The proposed effective date of the consolidation of the Common Shares of the Company as was described in the Consolidation Press Release is to take effect on October 19, 2023 rather than October 18, 2023. The completion of the Consolidation remains subject to the [...]
Akwaaba Mining Ltd. announces the consolidation of its common shares on the basis of 1 post-consolidation shares for every 20 pre-consolidation shares issued and outstanding as of the close of business on October 12, 2023. The shares are expected to begin trading on a consolidated basis on the TSX Venture Exchange on Wednesday, October 18, 2023. The share consolidation was approved by the Company's shareholders at the [...]
Akwaaba Mining Ltd. is pleased to report that all matters placed before the shareholders at its Extended 2022 Annual General and Special Meeting held on March 31, 2023 were approved. Number of Directors Shareholders approved setting the number of Directors at five. Election of Directors Allan Green, Randal Gindi, Andreas Marangos, Michael Novak, and Iyad Jarbou were re-elected to the Board of Directors of the Company [...]
Akwaaba Mining Ltd. is pleased to announce that it has closed on its previously announced private placement on March 20, 2023 . The Company issued 14,000,000 units at a price of $0.015 per Unit for gross proceeds of $210,000. Each Unit consisted of one Common Share and one-half common share purchase warrant. Each whole warrant entitles the holder to acquire one Common Share for $0.05 for a period of 5 years. All [...]
Akwaaba Mining Ltd. wishes to announce amendments to its non-brokered private placement first announced by way of news release on February 28, 2023 . In the February News Release, the Company announced a non-brokered private placement financing comprising the sale of up to 14,000,000 units , to be sold at $0.015 per Unit for gross proceeds of CAD $210,000 . Each Unit was to consist of one Common Share and one common share [...]
Akwaaba Mining Ltd. is pleased to announce that it intends to complete a non-brokered private placement financing comprising the sale of up to 14,000,000 units , to be sold at $0.015 per Unit for gross proceeds of CAD $210,000 . Each Unit will consist of one Common Share and one common share purchase warrant . Each warrant will entitle the holder to acquire one Common Share for $0.0225 for a period of 5 years after the [...]
Akwaaba Mining Ltd. is pleased to announce that further to its news releases dated August 4, 2021 and October 25, 2021, it has settled an aggregate $433,942.47 of debt owed to Grizal Enterprises Ltd. by the issuance of an aggregate 28,929,498 common shares of the Company at a deemed price of $0.015 per share. The common shares issued to the Company's Creditors are subject to a hold period in British Columbia expiring on [...]
Castle Peak Mining is pleased to announce that it has changed its name from "Castle Peak Mining Ltd." to "Akwaaba Mining Ltd." At the opening of the markets on February 9, 2022, the Company's common shares will commence trading under the name Akwaaba Mining Ltd. and the new ticker symbol "AML". The Company's new CUSIP number is 01021L106 and its new ISIN is CA01021L1067. There is no consolidation of the Company's share [...]
Castle Peak Mining is pleased to announce that further to its news releases dated April 27, 2021 and October 1, 2021, it has settled an aggregate $442,419.18 of debt owed to Allan Green and Candel & Partners SAS by the issuance of an aggregate 29,494,612 common shares of the Company at a deemed price of $0.015 per share. The common shares issued to the Company's Creditors are subject to a hold period in British Columbia [...]
Castle Peak Mining is pleased to report that all matters placed before the shareholders at its Annual General Meeting held on Nov 29, 2021, were approved. Number of Directors Shareholders approved setting the number of directors at five. Election of Directors Allan Green, Randal Gindi, Andreas Marangos, Michael Novak, and Iyad Jarbou were re-elected to the board of directors of the Company. Appointment of Auditors [...]
Castle Peak Mining is pleased to announce that it has completed the previously announced acquisition of the Kunsu prospecting license in Ghana from Wononuo Investment Limited. Title to the prospecting license is held by Castle Sika Mining a wholly owned Ghanaian subsidiary of the Company. Allan Green, Chairman and CEO, said: "We are pleased to add the high potential Kunsu prospecting license to the Castle Peak portfolio [...]
Castle Peak Mining is pleased to report that, through its wholly owned Ghanian subsidiary Castle Sika Mining, it has entered into a 1.5% Net Smelter Returns Agreement with Wononuo Investment on minerals mined, removed and sold by Castle Sika. The NSR is granted to Wononuo as a part of Castle Peak's purchase of the prospecting license for a mineral deposit located in Ghana. Title to the prospecting license will be held by [...]