Deep-South Resources Inc. announces that it has closed a first tranche totalling $165,000 of its current private placement. A second closing is under planning and is expeted within two weeks. The non-brokered private placement comprises 1,650,000 units of Deep-South, at a subscription price of $0.10 per Unit. Each Unit will consist of one common share and one half of one common share purchase warrant of Deep-South. Each [...]
Vancouver, B.C., Canada - November 16, 2018 - Deep-South Resources Inc. announces that it has modified the terms of the current private placement. The first closing is planned at the latest on November 21, 2018. The modified terms are as follows: The Company will proceed with a non-brokered private placement for gross proceeds of up to $600,000 . The non-brokered private placement will comprise up to 6,000,000 units of [...]
Deep-South Resources Inc. announces that it has appointed Ukwazi Mining Studies Ltd of South Africa with the mandate to prepare a technical qualification report compliant with NI 43-101 for the Kapili Tepe project in Turkey. The report will cover all the exploration programs and results previously carried out on the Licenses, will plan and recommend exploration work programs and budgets and will serve as a base for the [...]
Deep-South Resources Inc. announces that it has appointed M Squared Resources of South Africa as a strategic financial advisor to seek and evaluate global strategic financing. M2R is a specialized advisory firm which focuses on the Metals & Mining & Energy sectors. Since its inception, M2R team has raised about $5 billion and have been advisors on deal with a value of $45 billion. They advised a large number of leading [...]
Deep-South Resources Inc. announces that it has issued 3.5 million shares to Jeanette Gyldstoff Borg for the acquisition from Jeanette Gyldstoff Borg of 75% of RCR Quantum , a Turkish company, which holds the Kapili Tepe project comprising of one mining license and two exploration licenses in the Sivas Province in the North Central part of Turkey. Furthermore, Deep-South has issued 700,000 to Afrasia Mining & Energy [...]
Deep-South Resources Inc. announces that it has amended the agreement , previously announced on June 19, 2018, to acquire 75% of RCR Quantum , a Turkish company, which holds the Kapili Tepe project comprising of one mining license and two exploration licenses in the Sivas Province in the North Central part of Turkey. Furthermore, Deep-South has not amended the agreement to acquire all the exploration and metallurgical [...]
Deep-South Resources Inc. announces that it has signed a licence agreement with Alexander Mining , to acquire a licence for the potential use of Alexander's proprietary Leaching Technologies at the Kapili Tepe polymetallic copper project in the Sivas Province in the northeast/ central part of Turkey. The Agreement is conditional on Deep-South completing the acquisition of a 75 per cent equity interest in the Kapili Tepe [...]
Deep-South Resources announces that it has signed an agreement to acquire from Baltic Investment Group ApS, 75% of the Kapili Tepe project in the Sivas Province in the North Central part of Turkey. Furthermore, Deep-South will acquire all the exploration and metallurgical data from Afrasia Mining & Energy Investment Holdings Ltd . Upon completion of a satisfactory due diligence, Deep-South shall acquire all the common [...]
Deep-South Resources announces the appointment of Jean-Luc Roy as Director and the resignation of Hugo Monette from the board of directors. Mr. Roy has been a major contributor to the development of several important corporations in Africa during the last 30 years working for majors, mid-tiers and junior exploration companies. He brings to Deep-South, as Independent Director, a wealth of experience in all aspects of [...]
Deep-South Resources announces that it has closed the acquisition of 90% of the St John project, neighboring the Kokoya gold mine situated in the northeast of Liberia. Deep-South has acquired 90% of the common shares of Jarjlokpo Resources Ltd, which holds the Reconnaissance Licence forming the St John project, in consideration for a cash payment of US $ 20,000.00 and the issuance of 250,000 common shares of Deep-South to [...]
Deep-South Resources announced today that the Preliminary Economic Assessment report on the Haib Copper project in Namibia has been filed on SEDAR. The report is accessible and on the Deep-South website. Deep-South Resources is a mineral exploration company largely held by Namibian shareholders and Teck Resources, which holds about 35% of Deep-South share capital. Deep-South is actively involved in the acquisition [...]
Deep-South Resources is pleased to announce the voting results from the company's annual general meeting held in Vancouver, on February 27, 2018. A total of 27,972,452 common shares were represented at the AGM, representing 51.75% of the votes attached to all outstanding common shares as at the record date. All of the matters submitted to the shareholders for approval as set out in the company's notice of meeting and [...]
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