Magma Silver Corp.

Recent News

Magma Silver Announces Consulting Services Agreement

Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Magma Silver Corp. (TSXV: MGMA) (FSE: BC21) (WKN: A411DV) ("Magma" or the "Company") is pleased to announce it has entered into a consulting services agreement with Euroswiss Capital Partners Inc. ("Euroswiss"). Euroswiss will be a strategic and financial partner to help the Company increase brand recognition and liquidity in the central European capital markets. Pursuant to the agreement, Euroswiss will assist the Company, on a non-exclusive basis, to...

2025-05-30 7:30 AM EDT

Magma Silver Announces Marketing Agreement

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Magma Silver Corp. (TSXV: MGMA) (FSE: BC21) (WKN: A411DV) (the "Company") is pleased to announce it has entered into a marketing agreement (the "Agreement") with Momentum PR ("Momentum") pursuant to which Momentum will provide investor relation services to the Company in consideration for an aggregate of $60,000 and the issuance of up to 300,000 incentive stock options of the Company, exercisable at $0.16 per share for 2 years and vesting...

2025-05-29 7:30 AM EDT

Magma Silver Closes Fully Subscribed Second Tranche of Private Placement

Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - Magma Silver Corp. (TSXV: MGMA) (FSE: BC21) (WKN: A411DV) (the "Company") is pleased to announce the closing of the second tranche of its non-brokered private placement for gross proceeds of CAD $597,850 (the "Second Tranche") for a total of $1,500,000 for both tranches. For information respecting the first tranche of the Company's non-brokered private placement, please see the Company's news release dated April 15, 2025.Second Tranche Private PlacementThe Company closed...

2025-05-27 5:00 PM EDT

Magma Silver Announces Marketing Agreements

Vancouver, British Columbia--(Newsfile Corp. - May 26, 2025) - Magma Silver Corp. (TSXV: MGMA) (FSE: BC21) (WKN: A411DV) (the "Company") is pleased to announce it has entered into marketing agreements with Baystreet.ca Media Corp. ("Baystreet") and AllPennyStocks.com Media Inc. ("AllPenny").Baystreet.ca Media Corp.Pursuant to its agreement with Baystreet (the "Baystreet Agreement"), Baystreet will provide investor relation and marketing services to the Company over an initial term of three (3) months commencing June 1, 2025, in consideration of an aggregate of...

2025-05-26 2:36 PM EDT

Magma Silver Appoints Townsend as a Director and Amends Stock Options

Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Magma Silver Corp. (TSXV: MGMA) (FSE: BC2) (WKN: A3DEJG) ("Magma" or the "Company"), is pleased to announce the appointment of Michael Townsend to its Board of Directors effective May 7, 2025.Michael Townsend has extensive experience in corporate finance spanning over 25 years. Mr. Townsend is one of the founding partners of Altus Capital Partners, a boutique investment bank based in Vancouver, British Columbia, Canada. Altus has been involved in raising over...

2025-05-07 7:30 AM EDT

Magma Silver Announces Engagement of Market Maker and Grants Stock Options

Vancouver, British Columbia--(Newsfile Corp. - May 6, 2025) -  Magma Silver Corp. (TSXV: MGMA) (FSE: BC2) (WKN: A3DEJG) ("Magma" or the "Company"), announces that, pursuant to an agreement dated May 6, 2025, subject to regulatory approval, it has engaged Independent Trading Group (ITG), Inc. ("ITG") to provide market-making services with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares, in accordance with TSX Venture Exchange policies.Under the agreement, the Company will pay ITG...

2025-05-06 10:53 AM EDT

Magma Silver Announces Name and Symbol Change, Closing of Private Placement and Reactivation from NEX to TSXV Tier 2

Vancouver, British Columbia--(Newsfile Corp. - April 15, 2025) - Magma Silver Corp. (NEX: CUCO.H) (FSE: BC2) (WKN: A3DEJG) (formerly African Energy Metals Inc.) (the "Company") is pleased to announce the Company has received the approval of the TSXV and NEX for the acquisition of the Niñobamba advanced stage silver gold project in Peru; the graduation from NEX to TSX Venture Tier 2; a name and symbol change to Magma Silver Corp. (TSXV: MGMA); and the closing of the first tranche...

2025-04-15 12:48 PM EDT

African Energy Metals Amends Private Placement

Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - African Energy Metals Inc. (NEX: CUCO.H) (FSE: BC2) (WKN: A3DEJG) ("African Energy Metals" or the "Company") announces it has amended the terms of its previously announced private placement.Amended Concurrent Part and Parcel Private PlacementThe Company previously announced its intention to complete a non-brokered concurrent part and parcel private placement (the "Financing") of up to 10,000,000 units (each, a "Unit") at a price of CAD $0.10 per Unit for aggregate proceeds of...

2025-04-10 2:14 PM EDT

African Energy Metals Files NI-43-101 Report on Ninobamba

Vancouver, British Columbia--(Newsfile Corp. - March 6, 2025) - African Energy Metals Inc. (NEX: CUCO.H) (FSE: BC2) (WKN: A3DEJG) ("African Energy Metals" or the "Company") announces the TSXV has accepted for filing its National Instrument 43-101 technical report (the "Report") on the Niñobamba silver-gold project, prepared by James A. McCrea, P. Geo. with an effective date of January 21, 2025. The Report is now available for review on SEDAR+ (www.sedarplus.ca).The Report is part of the Company's reactivation from NEX...

2025-03-06 7:30 AM EST

African Energy Metals Obtains TSXV Conditional Approval

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - African Energy Metals Inc. (TSXV: CUCO.H) (FSE: BC2) (WKN: A3DEJG) ("African Energy Metals" or the "Company") is pleased to announce that the Company's proposed reactivation from NEX to Tier 2 (the "Reactivation") of the TSX Venture Exchange (the "Exchange"), in connection with the Company's option agreement dated January 20, 2025 with Rio Silver Inc. to acquire a 100% interest in the Niñobamba advanced silver gold project (the "Project") located in...

2025-02-27 9:00 AM EST

African Energy Metals Amends Private Placement and Provides an Update

Vancouver, British Columbia--(Newsfile Corp. - February 13, 2025) - African Energy Metals Inc. (TSXV: CUCO.H) (FSE: BC2) (WKN: A3DEJG) ("African Energy Metals" or the "Company") announces it has amended the terms of its previously announced private placement and provides an update on various matters announced in the Company's news release dated January 21, 2025 relating to the acquisition of a 100% interest in the advanced stage Niñobamba silver gold project ("Niñobamba Project") in Peru.Stephen Barley, Executive Chairman of African Energy...

2025-02-13 7:30 AM EST

African Energy Metals Announces Option Agreement to Acquire a 100% Interest in Ninobamba Advanced Silver Gold Project in Peru and Private Placement

Vancouver, British Columbia--(Newsfile Corp. - January 21, 2025) - African Energy Metals Inc. (TSXV: CUCO.H) (FSE: BC2) (WKN: A3DEJG) ("African Energy Metals" or the "Company") is pleased to announce that it has entered an option agreement with Rio Silver Inc. (TSXV: RYO) ("Rio Silver") (the "Option Agreement") for African Energy Metals to earn a 100% interest in Rio Silver's Niñobamba advanced silver gold project (the "Project") located in the Department of Ayacucho 500 kms southwest of Lima, Peru.Highlights:Over US$10m...

2025-01-21 2:40 PM EST

African Energy Metals Announces Completion of Consolidation

Vancouver, British Columbia--(Newsfile Corp. - April 6, 2023) - African Energy Metals Inc. (TSXV: CUCO) (FSE: BC2) (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 (the "Consolidation"), the Consolidation...

2023-04-06 11:28 AM EDT

African Energy Metals Announces Share Consolidation

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2023) - African Energy Metals Inc. (TSXV: CUCO) (FSE: BC2) (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 issued and outstanding Common...

2023-03-20 7:29 AM EDT

African Energy Metals Announces Extension on Mali Acquisition Agreement

Vancouver, British Columbia--(Newsfile Corp. - March 15, 2023) - African Energy Metals Inc. (TSXV: CUCO) (FSE: BC2) (OTCQB: NDENF) (WKN: A3DEJG) ("African Energy Metals" or the "Company") is pleased to announce the Company and GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) ("GoviEx") have agreed to extend the outside date of the share purchase agreement announced on January 18, 2023 from March 15, 2023 to April 14, 2023. The extension provides for additional time to obtain documents required to comply with...

2023-03-15 11:19 AM EDT

African Energy Metals Provides an Update on Mali Acquisition

Vancouver, British Columbia--(Newsfile Corp. - February 23, 2023) - 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 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. Delta holds three exploration licenses in Mali,...

2023-02-23 7:29 AM EST

African Energy Metals Appoints Senior Uranium Advisor

Vancouver, British Columbia--(Newsfile Corp. - January 24, 2023) - African Energy Metals Inc. (TSXV: CUCO) (FSE: BC2) (OTCQB: NDENF) (WKN: A3DEJG) ("African Energy Metals" or the "Company") is pleased to announce the Company has appointed Mr. Guy Hebert, a senior mining executive with extensive experience in uranium and polymetallic deposits to our Technical Advisory Board.Mr. Guy Hebert has been active in the mining industry for the last 49 years and was the architect of over $400 million in financing for...

2023-01-24 7:30 AM EST

African Energy Acquires Mali Project with Uranium, Copper and Silver Resources and Announces Financing

Vancouver, British Columbia--(Newsfile Corp. - January 18, 2023) - African Energy Metals Inc. (TSXV: CUCO) (FSE: BC2) (OTCQB: NDENF) ("African Energy Metals" or the "Company") and GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) ("GoviEx") have entered into a definitive share purchase agreement dated January 17, 2023 (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)....

2023-01-18 7:54 AM EST

African Energy Metals Acquires an Option on 200 km2 in DRC with Polymetallic Prospectivity

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - African Energy Metals Inc. (TSXV: CUCO) (FSE: BC2) (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. African Energy Metals...

2022-12-20 8:02 PM EST

African Energy Metals Engages Altus Capital Partners

Vancouver, British Columbia--(Newsfile Corp. - September 28, 2022) - African Energy Metals Inc. (TSXV: CUCO) (FSE: BC2) (OTCQB: NDENF) (WKN: A3DEJG) ("African Energy Metals" or the "Company") is pleased to announce that it has retained (the "Engagement") Altus Capital Partners Inc. ("Altus") as its corporate finance advisor. Altus has been engaged to provide a full ranges of services including financing advisory, M&A facilitation and structuring, and general corporate finance services.About Altus Capital PartnersMichael Townsend, Managing Partner of Altus has been...

2022-09-28 9:50 AM EDT

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