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African Metals Corporation files Audited Financial Statements and MD&A for fiscal year ended May 31, 2020 and Issues Progress Report on Reporting Status
(TheNewswire) TORONTO, ON - TheNewswire - September 29, 2020 - African Metals...
About this update from Afr Nuventure Resources Inc
[{"type":"text","content":"African Metals Corporation files Audited Financial Statements and MD&A for fiscal year ended May 31, 2020 and Issues Progress Report on Reporting Status\n \n \n (TheNewswire)\n \n \n \n TORONTO, ON -\n \n \n TheNewswire\n \n \n - September 29, 2020 - African Metals\nCorporation (the \"Company\") [TSXV:\n \n \n \n AFR\n \n \n \n .H [formerly AFR)]\n \n \n (TSXV:AFR.H)\n \n is pleased to announce\nthat it has completed and filed on SEDAR its audited consolidated\nfinancial statements and related MD&A for the fiscal year ended\nMay 31, 2020. The Company is now completely up to date with its\ncontinuous disclosure obligations and has applied to the British\nColumbia Securities Commission to lift the Cease Trading Order\n(\"CTO\") currently in place. The current Board of Directors\nand management took on a very difficult assignment in attempting to\nturn around a very financially troubled Company. We are pleased that\nthe Company is now back on an extremely sound foundation and, as at\nyear end, had cash of $1,842,910 and working capital of $1,754,316.\nOnce our application to have the CTO lifted is determined, the Company\nwill consider its future course of action including reviewing its\nfuture activities on the Silver Bell -St. Lawrence Gold Project, in\nthe Virginia City Mining District of Montana, USA and evaluating other\npotential projects.\n \n \n For further information please contact:\n \n \n \n Company Contact:\n \n \n Daniel Gregory, Chief Financial Officer\n \n Office: (416) 709-9266\n \n E-mail:\n \n [email protected]\n \n \n \n \n Neither the TSX\nVenture Exchange nor its Regulatory Services Provider (as that term is\ndefined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this press\nrelease.\n \n \n \n Copyright (c) 2020 TheNewswire - All rights reserved.\n \n \n","length":2679,"tagName":"div"}]