The Board of Afferro Mining announces that, at a special meeting held on 16 September 2013 in Vancouver, Canada, Afferro shareholders and optionholders voted in favour of the previously announced proposed acquisition by IMIC of 100% of the issued and outstanding share capital of Afferro pursuant to a Canadian court approved plan of arrangement. The [...]
IMIC and Afferro have agreed to amend the Arrangement Agreement pursuant to which IMIC, through its wholly owned subsidiary, Afferro Holdings, will acquire all of the issued and to be issued common share capital of Afferro. The amendments provide for the extension of the outside date to 31 October 2013. In addition to the approval of the [...]
The Board of Afferro Mining announces the release of its unaudited Financial Statements for the three and six months ended June 30, 2013. The Financial Statements should be read in conjunction with the accompanying Management Discussion and Analysis. These documents have been filed on Sedar and are available on the Company's website or at [...]
Afferro Mining announces that a special meeting of shareholders and optionholders of Afferro to consider the previously announced proposed acquisition by International Mining & Infrastructure of 100% of the issued and outstanding share capital of Afferro pursuant to a Canadian court approved plan of arrangement will be held on 16 September 2013 at [...]
IMIC and Afferro have agreed to amend the Arrangement Agreement, details of which were announced on 24 June 2013. The amendment provides for the extension of the outside date to 29 September 2013 to allow both parties to prepare all necessary documentation. All other commercial details of the Arrangement Agreement remain unchanged.
Afferro Mining, notes the announcement made by International Mining & Infrastructure on 10 July 2013 which states that IMIC has acquired an additional 1,080,000 shares in the Company at an average price of 79.6p. Following the acquisition, as at 10 July 2013, IMIC held 20,111,342 ordinary shares in Afferro representing 19.15% of the Company's [...]
Afferro Mining, notes the announcement made by International Mining & Infrastructure on 26 June 2013 which states that IMIC has acquired an additional 8,588,000 shares in the Company at an average price of 79.56p. Following the acquisition, as at 26 June 2013, IMIC held 19,031,342 ordinary shares in Afferro representing 18.12% of the Company's [...]
Definitive Arrangement Agreement signed between IMIC and Afferro for the proposed acquisition, on a recommended basis, by IMIC of 100% of the issued and to be issued share capital of Afferro pursuant to a Canadian court-approved plan of arrangement. Acquisition price per Afferro share of 120p per share comprising: 80p in cash plus, a listed 2-year [...]
Afferro is an established exploration and development company listed on the TSX-V and AIM. Afferro's portfolio includes the 100% owned Nkout, Ntem and Akonolinga iron ore projects. It also holds a 70% interest in the Ngoa project, an exploration target bordering Nkout. All projects are subject to government rights. Nkout has a National Instrument [...]
Afferro Mining is pleased to announce the filing of a technical report pursuant to National Instrument 43-101, relating to its Nkout project. This follows the news release dated 30 May 2013 announcing the substantial increase in indicated saprolite and magnetite resource at Nkout. With this news release, the Company is reporting the filing as [...]
Afferro Mining, the exploration and development company focused on iron ore in Cameroon, is pleased to announce the filing of a technical report pursuant to National Instrument 43-101, relating to its Ntem project. This follows the news release dated 7 May 2013, announcing a maiden mineral resource estimate for Ntem. With this news release, the [...]
Afferro Mining is pleased to announce an updated National Instrument 43-101 compliant Mineral Resource Estimate for the Nkout Iron Ore Project. This Mineral Resource Estimate supersedes that previously announced on 29 June 2012). Highlights: Increase of 156% of the direct shipping ore ("DSO") and high-grade saprolite Indicated resource, which now [...]