Magma Silver Corp.

African Energy Metals 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 share [...]

African Energy Metals 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 Jan 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 TSXV, in connection with the Company's option agreement dated [...]

African Energy Metals is pleased to announce that the Company's proposed reactivation from NEX to Tier 2 of the TSX-V, in connection with the Company's option agreement dated Jan 20, 2025 with Rio Silver 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 other things: closing of the [...]

African Energy Metal 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 Jan 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 progress on [...]

African Energy Metals is pleased to announce that it has entered an option agreement with Rio Silver for African Energy Metals to earn a 100% interest in Rio Silver's Niñobamba advanced silver gold project. Highlights: Over US$10m has been spent in prior exploration activities by majors such as Newmont, Anglogold, Bear Creek and Southern Peru Copper. Over 9,700 meters of drilling completed with historical result [...]

African Energy Metals has signed a definitive agreement with Voyageur Mineral Explorers 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. Highlights: Project subject of extensive exploration by Falconbridge and Hudbay Minerals with over 15,000 m of drilling and multiple geophysical programs. Polymetallic copper deposit [...]

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 [...]