Magma Silver is pleased to announce it has entered into a marketing agreement with Momentum PR pursuant to which Momentum will provide investor relation services to the Company in consideration for an aggregate of $60,000 and the issuance of up to 300,000 incentive stock options of the Company, exercisable at $0.16 per share for 2 years and vesting as follows: 75,000 options to vest on August 29, 2025; 75,000 options to [...]
Magma Silver Corp. is pleased to announce the closing of the second tranche of its non-brokered private placement for gross proceeds of CAD $597,850 for a total of $1,500,000 for both tranches. For information respecting the first tranche of the Company's non-brokered private placement, please see the Company's news release dated April 15, 2025. Second Tranche Private Placement The Company closed the Second Tranche [...]
Magma Silver Corp. is pleased to announce it has entered into marketing agreements with Baystreet.ca Media Corp. and AllPennyStocks.com Media Inc. . Baystreet.ca Media Corp. Pursuant to its agreement with Baystreet , Baystreet will provide investor relation and marketing services to the Company over an initial term of three months commencing June 1, 2025, in consideration of an aggregate of CAD$120,000. Baystreet will [...]
Magma Silver Corp. , is pleased to announce the appointment of Michael Townsend to its Board of Directors effective May 7, 2025. Michael Townsend has extensive experience in corporate finance spanning over 25 years. Mr. Townsend is one of the founding partners of Altus Capital Partners, a boutique investment bank based in Vancouver, British Columbia, Canada. Altus has been involved in raising over $180 million in equity [...]
Magma Silver Corp. , announces that, pursuant to an agreement dated May 6, 2025, subject to regulatory approval, it has engaged Independent Trading Group , Inc. to provide market-making services with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares, in accordance with TSX Venture Exchange policies. Under the agreement, the Company will pay ITG compensation of CAD [...]
Magma Silver is pleased to announce the Company has received the approval of the TSXV and NEX for the acquisition of the Niñobamba advanced stage silver gold project; the graduation from NEX to TSX-V Tier 2; a name and symbol change to Magma Silver Corp.; and the closing of the first tranche of its private placement for gross proceeds of $902,150. Name and Symbol Change and Graduation to TSX-V Tier 2 The Company has met [...]
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 [...]