Africo Resources announces the closing of its previously announced going private transaction, pursuant to which Camrose Resources has acquired all of the issued and outstanding common shares of Africo that Camrose did not already own by way of a plan of arrangement. Pursuant to the Plan of Arrangement holders of Africo common shares will receive [...]
Africo Resources announces that its previously announced plan of arrangement between Camrose Resources and Africo has been approved by the shareholders of Africo at its annual and special meeting held today. At the Meeting, over 99.99% of the votes cast by all Africo shareholders, and 99.99% of votes cast by Africo shareholders other than Camrose [...]
Africo Resources today announced that it has entered into a definitive agreement with Camrose Resources under which the Company would be taken private pursuant to a plan of arrangement. Camrose currently owns 63.66% of the Africo common shares. Under the Plan of Arrangement, Camrose would acquire all of the Common Shares that Camrose does not [...]
Africo Resources announced today that its Board of Directors has appointed a Special Committee, consisting of George Ireland and James Cook. The Special Committee, along with management, have been mandated to work with Africo's largest shareholder, Camrose Resources, with a view to enhancing shareholder value and to try and lessen the significant [...]
Africo Resources announces, in accordance with Toronto Stock Exchange requirements, the voting results from its annual shareholder meeting held Thursday, June 25, 2015, in Vancouver. The votes attaching to a total of 65,553,483 out of 71,313,127 common shares were voted at the meeting, representing approximately 91.9% of the issued and outstanding [...]
Africo Resources is pleased to announce the appointment of Mr. George Ireland to its Board of Directors. Mr. Ireland founded Geologic Resource Partners LLC in 2004 and serves as its chief investment officer and CEO. Geologic owns approximately 15% of Africo's shares. Mr. Ireland has over 35 years of experience in all aspects of the resource [...]
Africo Resources is pleased to report that further to its news release dated April 10, 2013, AMEC E&C Services Inc. has completed the NI 43-101 Technical Report on the resource assessment on the Kalukundi copper and cobalt project located in the DRC. The NI 43-101 Technical Report has been electronically filed with regulators and is available for [...]
Africo Resources is pleased to report the results of the resource assessment undertaken by AMEC E&C Services. The drilling has been successful in substantiating continuity in the copper and cobalt mineralisation in the Mines Series geology and also proving the depth extent of the mineralisation to a vertical depth of 320m at which it is still open [...]
Africo Resources wishes to report that we have been advised by Eurasian Natural Resources that they have purchased the remaining 49.5% of the shares of Camrose Resources Ltd. As part of the purchase and reorganization of Camrose, Matthew Fisher and Douglas Ryan have resigned as directors of Africo. We wish to thank Mr. Fisher and Mr. Ryan for their [...]
Africo is pleased to report the latest assay results received recently from the resource drilling on the Kalukundi Fragment on the company's Kalukundi Project near Kolwezi in the DRC. The initial drilling assay results for the near surface intersections on the Kalukundi Fragment were reported together with the data from the Kii Fragment in the [...]
Africo is pleased to report that the resource drilling at its Kalukundi property has been completed and results for much of the drilling undertaken on the Anticline Fragment have been received and assessed. A total of 17 boreholes (5205m) were drilled on this Fragment from late February to early July 2012. In addition, Africo anticipates receiving [...]
Africo Resources is pleased to report that the resource drilling at Kalukundi has progressed since the announcement of the initial drilling data, which outlined the results of the drilling on the Principal Fragment. At that stage 46 core boreholes had been drilled. Drilling assay results have been received and processed for the SE Anticline [...]
