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News Releases

African Energy Announces Delay in Filing of Annual Financial Statements and Related Documents and Grant of Management Cease Trade Order

Vancouver, British Columbia – (May 2, 2023) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) announces the Company’s delay in filing the following documents: The Company’s annual audited financial statements for the year ended December 31, 2022, as required by Section 4.2 of National Instrument 51-102 – Continuous Disclosure Obligations; The Company’s management discussion and analysis for the year ended December 31, 2022, as

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African Energy Announces Completion of Consolidation

Vancouver, British Columbia – (April 6, 2023) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) is pleased to announce further to its news release dated March 20, 2023, announcing the Company’s intention to consolidate all of its issued and outstanding common shares (each, a “Common Share“, the “Common Shares“) on the basis of four (4) existing Common Shares for one (1) new Common Share

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African Energy Announces Investors Relations Agreements

Vancouver, British Columbia – (March 21, 2023) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) announced today it has entered into two investor relations agreements to increase the Company’s market awareness. Machai Capital Inc. African Energy Metals has retained Machai Capital Inc. to provide digital marketing services in compliance with the policies and guidelines of the Toronto Venture Exchange and other applicable legislation. The

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African Energy Announces Share Consolidation

Vancouver, British Columbia – (March 20, 2023) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) announced today it plans to consolidate all of its issued and outstanding common shares (each, a “Common Share”, the “Common Shares”) on the basis of four (4) existing Common Shares for one (1) new Common Share (the “Consolidation”). Upon completion of the Consolidation, the Company is expected to have 20,067,964

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African Energy Provides an Update on Mali Acquisition

Vancouver, British Columbia – (Feb 23, 2023) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) is pleased to provide an update on the transformative Mali polymetallic acquisition announced in a news release dated January 18, 2023. The proposed acquisition is of all the issued and outstanding shares of Delta Exploration Mali SARL from a wholly owned subsidiary of GoviEx Uranium Inc. (TSX-V: GXU; OTCQX: GVXXF).

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African Energy Announces Incentive Stock Options

Vancouver, British Columbia – (Feb 6, 2023) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) announces the grant of 1,000,000 incentive stock options (the “Stock Options”) to certain of its directors, officers, consultants, and employees pursuant to the Company’s Stock Option Plan. The options are exercisable for a period of five years at a price of CAD$ 0.07 per share. About African Energy Metals African

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African Energy and Goviex Enter into Definitive Share Purchase Agreement for the Purchase and Sale of Delta Exploration Mali and Announce Concurrent Financing

Vancouver, British Columbia – (Jan 18, 2023) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) and GoviEx Uranium Inc. (TSX-V: GXU; OTCQX: GVXXF) (“GoviEx”) have entered into a definitive share purchase agreement (the “Share Purchase Agreement”) pursuant to which African Energy Metals will acquire from GoviEx all of the issued and outstanding shares of GoviEx’s indirectly owned Malian subsidiary, Delta Exploration Mali SARL (“Delta”) (the “Transaction).

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African Energy Closes Third Tranche of Private Placement

Vancouver, British Columbia – (Dec 29, 2022) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) announces that, further to its press releases of September 13, 2022, October 24, 2022, November 23, 2022 and December 16, 2022, the Company has closed the third tranche of its non-brokered private placement (the “Financing”) of 3,000,000 units (each a “Unit”) at a price of CAD $0.05 per Unit for

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African Energy Metals Acquires an Option on 200 Square KM in DR wit h Polymetallic Prospectivity

Vancouver, British Columbia – (Dec 20, 2022) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) is pleased to announce the Company has acquired an additional 200 kms² of concessions in the South Kivu region of the DRC with high prospectively for cassiterite (tin), tungsten, coltan, lithium, beryllium, gold, and rare earths. The Kivu region is the same district as the world class Aphamin tin mine.

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African Energy Closes Second Tranche of Private Placement

Vancouver, British Columbia – (Dec 16, 2022) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) announces that, further to its press releases of September 13, 2022, October 24, 2022 and November 23, 2022, it has it has closed the second tranche of its non-brokered private placement (the “Financing”) of 2,400,000 units (each a “Unit”) at a price of CAD $0.05 per Unit for aggregate

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African Energy Metals Amends Terms of Acquisition of a Tin, Tantalum, Lithium Prospect in Manono DRC

Vancouver, British Columbia – (July 22, 2022) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) is pleased to announce the Company has reduced the consideration to be paid for the interest in a project first announced on March 3, 2022 in the prolific Manono area of the DRC with high prospectively for lithium, tin,  tantalum, and rare earths. The Assignment Agreement with Whiskey Cobalt Mining

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African Energy Metals Expands Land Holdings to 200 KM² Highly Prospective for Lithium, Tin, Tantalum, and Rare Earths in Manono Region DRC

Vancouver, British Columbia – (July 5, 2022) – African Energy Metals Inc. (TSXV: CUCO; FSE: BC21; OTCQB: NDENF; WKN: A3DEJG) (“African Energy Metals” or the “Company”) is pleased to announce the Company has acquired an additional 170 kms² of concessions in the prolific Manono region of the DRC with high prospectively for lithium, tin, tantalum, and rare earths bringing the Company’s combined land holdings in the region to 200km². The Manono region is the newest

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African Energy Metals Provides an Update on Lithium, Tin, Tantalum Project in Manono DRC

Vancouver, British Columbia- (May 27, 2022) – African Energy Metals Inc. (TSXV: CUCO) (FSE: BC2) (OTCQB: NDENF) (WKN: A3DEJG) (“African Energy Metals” or the “Company“) is pleased to provide an update on the Manono project. Due diligence has proceeded smoothly on the project with no exceptions to date. The Company has an exclusive agreement on the Manono project. The concession is owned 100% by a private DRC company and controlled by reputable parties experienced in mining in

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