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 [...]
African Energy Metals Inc. is pleased to provide an update and preliminary projections for the industrial solar and carbon credit initiative. African Energy Metals retained EcoMetrix and Inerjys Ventures to assist in the development of a favorable business case utilizing industrial solar to generate positive revenue and carbon credits focused on the Democratic Republic of Congo . EcoMetrix is based in Johannesburg, South [...]
African Energy Metals is pleased to announce it has completed a corporate name change and will begin trading on the TSXV under a new stock ticker symbol "CUCO" at the start of trading on today's date. Stephen Barley, Executive Chairman stated: "The move to electrification and EV's coupled with decarbonization to achieve net zero global warming goals, has and will continue to increase the demand for energy metals and in [...]
Central African Gold is pleased to announce that it will be completing a corporate name change to "African Energy Metals Inc." and will begin trading on the TSXV under a new stock ticker symbol "CUCO" at the start of trading on Monday, Feb. 7. The Company's ISIN and CUSIP numbers will change to CA00833F1099 and 00833F109, respectively. There will be no capital changes so no action is required to be taken by shareholders [...]
Central African Gold is pleased to announce that with the guidance of independent consultants EcoMetrix and Inerjys, CAGR has identified a strong business case for the implementation of an industrial Solar power project in the DRC as part of a Carbon Credit strategy. The strategic business plan included financial modeling to assess the economic viability of generating a saleable carbon credit and establishing an [...]
Central African Gold Inc. is pleased to announce CAGR has engaged two internationally recognized leaders, EcoMetrix and Inerjys Ventures, to advance the implementation of carbon credit and clean energy revenue streams on its vast land positions in the Democratic Republic of Congo . With the objectives of environmental sustainability, sustainable revenue, and social commitments to domestic employment, it was imperative to [...]
Central African Gold Inc. is pleased to announce the Corporation has filed an independent National Instrument 43-101 technical report dated October 1, 2021 on Sedar . The report is titled "National Instrument 43-101 Technical Report for the Zani-Kodo Gold Project, Democratic Republic of Congo" and was completed by Geosure Resource Consultants PTY Ltd. The Corporation also announces the grant of 2,000,000 incentive stock [...]
Central African Gold Inc. has been advised by the TSXV that they have completed their review and the current trading halt will be lifted effective at the opening of trading on Monday October 4, 2021. About Central African Gold Inc. Central African Gold is a natural resource company with a focus on the acquisition, exploration, development, and operation of mineral projects in the DRC. The implementation of a carbon [...]
Central African Gold Inc. has been advised of a news release posted on today's date by Bluerock Atlantis Gold Ltd. where Bluerock claims that they have an interest in the Zani-Kodo gold project and that Central African Gold has provided misinformation concerning having an interest Zani-Kodo. Central African Gold has been provided with confirmation from the vendor of the Zani-Kodo project that the vendor has properly [...]
Central African Gold Inc. is pleased to announce the Corporation has entered into an agreement with an arm's length third party to acquire a 60% interest in the multimillion-ounce Zani-Kodo gold project , located in I'turi Province, DRC. The consideration for the 60% interest is US$55m comprised of cash payments and assumption of certain third-party liabilities. The transaction remains subject to industry standard terms [...]
Central African Gold Inc. is pleased to announce the closing of the previously announced non-brokered private placement of 12,500,000 units at a price of CDN $0.15 per Unit for aggregate proceeds of CDN $1,875,000. The Financing was oversubscribed. Each Unit consists of one common share of the Corporation and one common share purchase warrant . Two Warrants are exercisable into one Share at an exercise price of $0.25 per [...]