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American Lithium Completes Merger with Plateau

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
American Lithium Completes Merger with Plateau
American Lithium Corp.May 11, 2021 GMT
VANCOUVER, British Columbia and TORONTO, May 11, 2021 (GLOBE NEWSWIRE) American Lithium Corp. (“American Lithium” or the “Company”) (TSXV:LI | OTCQB:LIACF | Frankfurt:5LA1) and Plateau Energy Metals Inc. (“Plateau”) (TSXV:PLU | OTCQB:PLUUF) are pleased to announce the completion of the acquisition by American Lithium of all of the issued and outstanding common shares of Plateau (“Plateau Shares”) by way of a statutory plan of arrangement under the provisions of the
Business Corporations Act (Ontario) (the “Arrangement”). The Arrangement became effective as of 12:01 a.m. (Toronto time) on May 11, 2021 (the “Effective Time”), resulting in Plateau becoming a wholly-owned subsidiary of American Lithium. ....

United States , United Kingdom , Clayton Valley , British Columbia , South Africa , Andrew Bowering , Simon Clarke , Ted Oconnor , Michael Kobler , Philip Gibbs , Laurence Stefan , Tesla Gigafactory , Ga Ben Binninger , Graham Ballachey , Critical Minerals , Board Of Directors American Lithium Corp , Asante Gold Corporation , American Lithium Corp , Pty Ltd , Venture Exchange , Regulation Services Provider , Plateau Energy Metals Inc , Cobalt Blockchain Inc , Axemen Resource Capital Ltd , Effective Time The Exchange Ratio , Plateau Energy Metals ,

Africa Snapshot: Eight companies with promising projects

Africa Snapshot: Eight companies with promising projects
Be it gold, copper, cobalt or uranium, the African continent has powerful resources for mining. And there are several industry-friendly governments that are ready to secure their futures with new projects.
African Gold Group
African Gold Group (TSXV: AGG; US-OTC: AGGFF) has set its sights on building Africa’s next mid-tier gold producer. A definitive feasibility study was filed in July 2020 for its 100%-owned Kobada gold project in Mali. Developing the project would require a capital expenditure of $125 million, plus an $11 million contingency.
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The study forecast the post-tax net present value at a 5% discount rate would be C$266 million with an internal rate of return of 41.1% at a gold price of $1,530 per ounce. The mine would produce 100,000 oz. gold per year for the first five years and a total of 728,654 oz. over a 9.4-year mine life. Over the life ....

Burkina Faso , Region Du Centre Sud , Democratic Republic Of The Congo , Mali General , Ma Akel , Ghana General , Befesa Silvermet , Ivoire Afema , Malo Bula , Tenke Fungurume , Kojina Hill , Burkina Faso Bautou , Research Ortec , Barrick Gold , African Gold Group Kobada , African Gold Group , African Gold , Democratic Republic , Cobalt Blockchain , Alpha Cobalt , China Molybdenum , South Resources , South Resource , East Africa Metals , Tanzania East Africa Metal , East Africa ,

Africa Snapshot: Eight companies seeking opportunities

Africa Snapshot: Eight companies seeking opportunities
northernminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernminer.com Daily Mail and Mail on Sunday newspapers.

Burkina Faso , Region Du Centre Sud , Democratic Republic Of The Congo , Mali General , Region De La Vallee Du Bandama , Coted Ivoire , Ma Akel , Ghana General , Befesa Silvermet , Ivoire Afema , Malo Bula , Tenke Fungurume , Kojina Hill , Burkina Faso Bautou , Research Ortec , Barrick Gold , African Gold Group Kobada , African Gold Group , Gold Group , African Gold , Democratic Republic , Alpha Cobalt , China Molybdenum , Cobalt Blockchain , South Resources , East Africa Metals ,