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 [...]
African Energy Metals Inc. is pleased to announce the Company has acquired an additional 200 kms² of concessions in the South Kivu region of the DRC with high prospectively for cassiterite , tungsten, coltan, lithium, beryllium, gold, and rare earths. The Kivu region is the same district as the world class Aphamin tin mine. African Energy Metals entered into an Assignment Agreement with AuClair ECC SASU pursuant to which [...]
African Energy Metals Inc. is pleased to announce that it has retained Altus Capital Partners Inc. as its corporate finance advisor. Altus has been engaged to provide a full ranges of services including financing advisory, M&A facilitation and structuring, and general corporate finance services. About Altus Capital Partners Michael Townsend, Managing Partner of Altus has been an acting director and key stakeholder of [...]
African Energy Metals Inc. announced that the Company has signed an agreement to enter a joint venture with a Tanzanian group to acquire coal assets in Tanzania and announced a private placement. Tanzanian Coal Joint Venture African Energy Metals has entered into an agreement with Black Hole Aurum Limited a private Tanzanian company, to jointly pursue and acquire controlling interests in coal projects in Tanzania. BHA is [...]
African Energy Metals Inc. is pleased to announce the Company has acquired an additional 170 kms² of concessions in the prolific Manono region of the DRC with high prospectively for lithium, tin, tantalum, and rare earths bringing the Company's combined land holdings in the region to 200km². The Manono region is the newest and is projected to become the largest new mineral play in the DRC. Manono Lithium, Tin, Tantalum [...]
African Energy Metals Inc. intends to complete a non-brokered private placement of 5,000,000 units at a price of CAD $0.05 per Unit for aggregate proceeds of CAD $250,000. Each unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional common share in the capital of the Company at a price of $0.15 per [...]
African Energy Metals Inc. is pleased to provide an update on the Manono project. Due diligence has proceeded smoothly on the project with no exceptions to date. The Company has an exclusive agreement on the Manono project. The concession is owned 100% by a private DRC company and controlled by reputable parties experienced in mining in the region. The Company does not expect to experience any title issues experienced by [...]
African Energy Metals Inc. is pleased to announce the Company has, subject to TSXV approval, extended the expiry date of the warrants issued on July 17, 2020 pursuant to its private placement for a period of one year. All other terms, including the exercise price, remains the same. The new expiry date for the warrants will be July 17, 2023. About African Energy Metals African Energy Metals is a natural resource company [...]
African Energy Metals Inc. is pleased to announce the Company has acquired an interest in a project in the prolific Manono area of the DRC with high prospectively for lithium, tin, and tantalum. Manono Tin, Tantalum, Lithium Project The project is comprised of one Exploitation Permit covering approximately 30 sq kms and is situated in Tanganyika province, Manono district in the territory of Kiambi, in the southeast of the [...]
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