Deep-South Resources Inc. announces the appointment of Thomas Tumoschei as Director. Mr. Tumoscheit is the representative of Euro Alloys Ltd, which had the right to appoint a Director to the Board of Directors of Deep-South further to the financing and off take agreement closed on March 8, 2019. Mr. Tumoscheit has over 28 years of experience in commodities sales, procurement, trading and manufacturing. His career started [...]
Deep-South Resources Inc. announces that it has closed the 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 was conditional on Deep-South completing the acquisition of a 75 per cent equity interest in the Kapili [...]
Deep-South Resources Inc. announces that it has received the approval of Ministry of Energy and Natural Resources of Turkey to proceed and close the acquisition 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. The Acquisition Deep-South has acquired all the common shares [...]
Deep-South Resources Inc. announces that Mintek has commenced its metallurgical test work on stockpile material from the Haib Copper Project in Namibia. The test work program is managed by METS Engineering of Australia. Deep-South has provided Mintek with about 1.8 tons of ore sample from a large stockpile that was extracted during a previous sampling campaign. The sample contains chalcopyrite as the main copper mineral [...]
Deep-South Resources Inc. announces that it has entered into an agreement with Mintek of South Africa in order to conduct metallurgical test work on stockpile material from the Haib Copper Project in Namibia. The test work program is managed by METS Engineering of Australia. The aim of the program is to test the amenability of the ore to microbially-assisted heap leaching. The test work will be conducted on 1 ton samples [...]
Deep-South Resources Inc. announces a correction on the number of units issued on the closing of a private placement on November 23, 2018. The press release of November 23, 2018 was mentionning the closing of a private placement totaling $165,000 for the subscription of 1,650,000 units. The press release of November 23, 2018 should have mentioned that Deep-South has closed a private placement totaling $166,000 for [...]
Deep-South Resources Inc. announces that it has entered into an off-take agreement with Euro Alloys Ltd for 20% of the eventual annual production from the Haib Copper project in Namibia. Euro Alloys has acquired shares of Deep-South in the recent private placement closed on March 5, 2018 and holds 8.04 % of Deep-South's share capital. Euro Alloys shall have the right to buy up to 20,000 metric tons per annum of the [...]
Deep-South Resources Inc. announces that it has closed a second tranche totaling $546,500 of its current private placement. The non-brokered private placement comprises 5,465,000 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 full Warrant will entitle the holder thereof to purchase one [...]
Deep-South Resources Inc. announces the voting results from the company's annual general meeting held in Vancouver, BC., on February 28, 2019. A total of 30,826,701 common shares were represented at the AGM, representing 50.84% 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 [...]
Deep-South Resources Inc. announces that it has extended its current private placement for a period of thirty days from today's date. The non-brokered private placement will comprise up to 6,000,000 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 full Warrant will entitle the holder thereof to [...]
Deep-South Resources Inc. announces that it has extended its current private placement for a period of thirty days from today's date. The non-brokered private placement will comprise up to 6,000,000 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 full Warrant will entitle the holder thereof to [...]
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 [...]
