Welcome to our dedicated page for Akwaaba Mining news (Ticker: CPKOF), a resource for investors and traders seeking the latest updates and insights on Akwaaba Mining stock.
Akwaaba Mining Ltd. (OTC: CPKOF) maintains this dedicated news hub for stakeholders tracking its mineral exploration activities in Ghana's resource sector. This page consolidates official press releases, operational updates, and financial developments related to the company's Akorade project and broader strategic initiatives.
Investors and industry observers will find verified information about exploration progress, regulatory filings, and capital management activities. All content is sourced directly from company disclosures to ensure accuracy and compliance with financial reporting standards.
The resource center features updates across key operational areas including geophysical surveys, drilling results, partnership announcements, and TSX Venture Exchange filings. Regular updates provide insight into the company's progress in evaluating Ghana's mineral potential while maintaining financial discipline through private placements and debt management.
Bookmark this page for streamlined access to Akwaaba Mining's latest developments. Check back regularly for updates on West African mineral exploration activities and corporate milestones as the company advances its position in the junior mining sector.
Akwaaba Mining (TSXV: AML) has successfully closed its previously announced non-brokered private placement, raising $150,000 CAD through common shares priced at $0.11 per share. The company's CEO and director, Allan Green, participated in the offering, constituting a related party transaction under MI 61-101, though exempt from formal valuation and minority shareholder approval requirements.
The shares issued will be subject to a statutory hold period until July 26, 2025. The TSX Venture Exchange has approved the offering, with no bonuses, finder's fees, or commissions payable. The proceeds will fund ongoing exploration at the Akorade project in Ghana, provide working capital, and support future acquisitions.
Akwaaba Mining (TSXV: AML) has announced a non-brokered private placement financing to raise up to $150,000 CAD through the sale of 1,363,636,000 common shares at $0.11 per share. The offering will be available to employees, executives, directors, and consultants under National Instrument 45-106.
CEO and director Allan Green will participate in the financing, constituting a related party transaction under MI 61-101. The company has determined exemptions from formal valuation and minority shareholder approval requirements. The shares will be subject to a four-month and one-day statutory hold period.
Proceeds will fund ongoing exploration at the company's Akorade project in Ghana, working capital, and future acquisitions. The offering completion is subject to TSX Venture Exchange approval.
Akwaaba Mining (TSXV: AML) has completed its previously announced debt settlement through the issuance of common shares. The company has settled approximately $271,724.00 of debt by issuing 2,264,367 common shares to creditors, including Candel & Partners SAS, owned by company director Allan Green.
The transaction constitutes a related party transaction under MI 61-101 due to Green's position as director, though the company received exemptions from minority approval and formal valuation requirements. The issued shares will be subject to a 4-month and 1-day statutory hold period. The debt settlement was approved by the TSX Venture Exchange and all disinterested directors.
Akwaaba Mining (TSXV: AML) has announced a shares for debt settlement approved by its board of directors. The company will issue approximately 2,264,367 common shares to settle debt of $271,724.00 held by the Company and its Ghanaian subsidiary Castle Sika Mining The debt settlement involves Candel & Partners SAS, owned by director Allan Green. The transaction requires TSX Venture Exchange approval and constitutes a related party transaction under MI 61-101, though the company is exempt from minority approval and formal valuation requirements. The issued shares will be subject to a standard hold period under Canadian securities laws.
Akwaaba Mining announced the results of its 2024 Annual General Meeting held on December 13, 2024. Shareholders approved all matters presented, including setting the number of directors at five. The elected directors are Allan Green, Andreas Marangos, Michael Novak, Iyad Jarbou, and Heidy Arocha. Additionally, Buckley Dodds CPA was appointed as the company's auditors, with remuneration to be determined by the directors. The company's Stock Option Plan was also re-approved by shareholders.
Akwaaba Mining (TSXV: AML) announced the resignation of Alex Heath from the Company's Board of Directors as of November 1, 2024. Allan Green, CEO and Director, expressed gratitude for Heath's contributions and extended best wishes for his future endeavors. The announcement was made by Iyad Jarbou, Chief Financial Officer, who can be contacted for further information.
Akwaaba Mining closed a private placement of up to $103,600 CAD in common shares at $0.14 per share, with a remaining $75,000 closed in the second tranche. The company's Insiders participated in the offering, constituting a related party transaction. All shares issued will be subject to a hold period. Proceeds will fund exploration in Ghana, working capital, and future acquisitions.
FAQ
What is the current stock price of Akwaaba Mining (CPKOF)?
What is the market cap of Akwaaba Mining (CPKOF)?
