African Energy Metals Inc. announces it has amended the terms of its previously announced private placement. Amended Concurrent Part and Parcel Private Placement The Company previously announced its intention to complete a non-brokered concurrent part and parcel private placement of up to 10,000,000 units at a price of CAD $0.10 per Unit for aggregate proceeds of up to CAD $1,000,000. Each Unit will consist of one common [...]
African Energy Metals Inc. announces the TSXV has accepted for filing its National Instrument 43-101 technical report on the Niñobamba silver-gold project, prepared by James A. McCrea, P. Geo. with an effective date of January 21, 2025. The Report is now available for review on SEDAR+ . The Report is part of the Company's reactivation from NEX board to Tier 2 of the TSX Venture Exchange , in connection with the Company's [...]
African Energy Metals Inc. is pleased to announce that the Company's proposed reactivation from NEX to Tier 2 of the TSX Venture Exchange , in connection with the Company's option agreement dated January 20, 2025 with Rio Silver Inc. to acquire a 100% interest in the Niñobamba advanced silver gold project located in Peru, has been conditionally accepted by Exchange. Final approval of the Reactivation is subject to, among [...]
African Energy Metals Inc. announces it has amended the terms of its previously announced private placement and provides an update on various matters announced in the Company's news release dated January 21, 2025 relating to the acquisition of a 100% interest in the advanced stage Niñobamba silver gold project in Peru. Stephen Barley, Executive Chairman of African Energy Metals states: "We are pleased to advise of our [...]
African Energy Metals Inc. is pleased to announce that it has entered an option agreement with Rio Silver Inc. for African Energy Metals to earn a 100% interest in Rio Silver's Niñobamba advanced silver gold project located in the Department of Ayacucho 500 kms southwest of Lima, Peru. Highlights: Over US$10m has been spent in prior exploration activities by majors such as Newmont, Anglogold, Bear Creek and Southern Peru [...]
African Energy Metals Inc. has signed a definitive agreement with Voyageur Mineral Explorers Corp. to earn a 100% interest in the Mink Narrows Group high-grade polymetallic copper VMS project located in the prolific Flin Flon Manitoba VMS mining camp. The Project is located 25 km southeast of Flin Flon, Manitoba. Highlights: Project subject of extensive exploration by Falconbridge Ltd. and Hudbay Minerals Inc. with over [...]
African Energy Metals is pleased to announce further to its news release dated March 20, 2023, announcing the Company's intention to consolidate all of its issued and outstanding common shares on the basis of four existing Common Shares for one new Common Share, the Consolidation will be effective Monday April 10, 2023. African Energy Metals' Common Shares will commence trading under the current trading symbol "CUCO" at [...]
African Energy Metals announced today it plans to consolidate all of its issued and outstanding common shares on the basis of four existing Common Shares for one new Common Share . Upon completion of the Consolidation, the Company is expected to have 20,067,964 issued and outstanding Common Shares. No fractional shares will be issued because of the Consolidation and all fractional interests will be rounded down to the [...]
African Energy Metals Inc. is pleased to announce the Company and GoviEx Uranium Inc. have agreed to extend the outside date of the share purchase agreement announced on January 18, 2023 from March 15, 2023 to April 14, 2023. The extension provides for additional time to obtain documents required to comply with the TSXV filing requirements including updated technical reports. About African Energy Metals African Energy [...]
African Energy Metals Inc. is pleased to provide an update on the transformative Mali polymetallic acquisition announced in a news release dated January 18, 2023. The proposed acquisition is of all the issued and outstanding shares of Delta Exploration Mali SARL from a wholly owned subsidiary of GoviEx Uranium Inc. Delta holds three exploration licenses in Mali, West Africa totalling 225 kms² known as the Falea project [...]
African Energy Metals Inc. is pleased to announce the Company has appointed Mr. Guy Hebert, a senior mining executive with extensive experience in uranium and polymetallic deposits to our Technical Advisory Board. Mr. Guy Hebert has been active in the mining industry for the last 49 years and was the architect of over $400 million in financing for either uranium, gold, and base metal mining projects in Canada and [...]
African Energy Metals Inc. and GoviEx Uranium Inc. have entered into a definitive share purchase agreement dated January 17, 2023 pursuant to which African Energy Metals will acquire from GoviEx all of the issued and outstanding shares of GoviEx's indirectly owned Malian subsidiary, Delta Exploration Mali SARL . Delta holds three uranium exploration licenses in Mali known as the Falea project having a significant uranium [...]