African Energy Metals Inc - Mining Stock Analysis & Updates

Magma Silver Announces Name and Symbol Change, Closing of Private Placement and Reactivation from NEX to TSXV Tier 2

African Energy Metals Amends Private Placement

African Energy Metals Inc. has amended its private placement terms, increasing the offering from 10 million to 15 million units at CAD $0.10 each, aiming to raise up to CAD $1.5 million for its Niñobamba project and working capital, pending regulatory approvals.

African Energy Metals Files NI-43-101 Report on Ninobamba

African Energy Metals Inc. announced the acceptance of its technical report on the Niñobamba silver-gold project by TSXV, marking its reactivation from NEX to Tier 2. The report, effective January 21, 2025, is part of an agreement to acquire the project in Peru.

African Energy Metals Obtains TSXV Conditional Approval

African Energy Metals Inc. announced its conditional acceptance to reactivate from NEX to Tier 2 on the TSX Venture Exchange, linked to an option agreement for the Niñobamba silver-gold project in Peru. It plans to rename to Magma Silver Corp. upon approval.

African Energy Metals Amends Private Placement and Provides an Update

African Energy Metals Inc. updates on its amended private placement and progress in acquiring the Niñobamba silver-gold project in Peru. The company has appointed advisors Michael Townsend and Jeffrey J. Reeder to leverage their extensive experience for project success.

African Energy Metals Announces Option Agreement to Acquire a 100% Interest in Ninobamba Advanced Silver Gold Project in Peru and Private Placement

African Energy Metals Inc. has signed an option agreement with Rio Silver Inc. to earn a 100% interest in the Niñobamba silver-gold project in Peru. The project has substantial prior exploration investment and promising historical results, offering a significant development opportunity.