Vancouver, British Columbia -- African Queen Mines Ltd. (the "Company") is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $300,415. Under the terms of the private placement, the Company has issued 6,008,300 Units (the "Units") at CAD $0.05 per [...]
Vancouver, British Columbia -- African Queen Mines Ltd. (the "Company") is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $500,000. Under the terms of the private placement, the Company will offer for sale up to 10,000,000 Units (the "Units") at CAD $0.05 per Unit. The Company may, in its [...]
TSX.V: AQ Frankfurt: QM0 Vancouver, British Columbia -- African Queen Mines Ltd. (the "Company") announces that it is applying to the TSX Venture Exchange ("TSXV") to extend the term of 4,800,000 share purchase warrants previously issued in connection with a private placement. The warrants were originally issued on August 8, 2011 and are [...]
African Queen Mines announces that it has granted, subject to any necessary regulatory approvals, incentive stock options to purchase up to 50,000 shares of its Common Stock to Ms. Carrie Howes, the Company's Corporate Communications Representative. The options are exercisable for a term of three years at a price of CAD $0.10 per share.
AFRICAN QUEEN MINES is pleased to announce that Irwin Olian, its CEO, is a featured speaker at the Chicago Resource Expo taking place on April 26, 2013. Mr. Olian will be discussing the outlook for the mining market and presenting the Company.
African Queen Mines is pleased to announce that it has now commenced its 2013 field exploration program at the Ugunja Gold Project in Kenya's Lakeland District. A technical team is currently on site under the direction of Senior Geologist Marthe Archambault (P.Geol.), a qualified person under N.I. 43-101. The field work underway is a continuation [...]
African Queen Mines is pleased to announce that the Exploration License held by its operating subsidiary AQ Ghana Gold Limited covering the Noyem-Nyanfoman Gold Project within the Birim North District of the Eastern Region of Ghana (the "Project") has now been renewed for a period of two years through December 31, 2014. The renewal was signed by [...]
African Queen Mines is pleased to announce that the initial trenching and diamond drill assay results received to date indicate a zone of extensive, low-grade near-surface gold mineralization, at the Company's Odundu Project in Southwest Kenya's Rongo Gold Fields. Drilling has shown this low grade gold mineralisation to be continuous over [...]
AFRICAN QUEEN MINES LTD. is pleased to announce that the initial trenching and diamond drill assay results received to date indicate a zone of extensive, low-grade near-surface gold mineralization, at the Company's Odundu Project in Southwest Kenya's Rongo Gold Fields. Drilling has shown this low grade gold mineralisation to be continuous over [...]
African Queen Mines is pleased to announce that it has now completed a thorough review of its portfolio of exploration properties in Southern, West and East Africa, in order to reduce costs of operations and to prioritize projects for development in 2013, while at the same time paring down its portfolio to eliminate projects which have not [...]
African Queen Mines is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $565,035. Under the terms of the private placement, the Company has issued 3,766,900 Units at CAD $0.15 per Unit.
African Queen Mines is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $1.0 million. Under the terms of the private placement, the Company will offer for sale up to 6,666,667 Units at CAD $0.15 per Unit. The Company may, in its discretion, increase the size of this offering by up to 20% to a [...]