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Akwaaba Mining Ltd V.AML

Alternate Symbol(s):  CPKOF

Akwaaba Mining Ltd is a Canada-based junior exploration company focused on advancing greenfield and early stage gold projects. The Company is in the business of exploration and evaluation of mineral properties in Ghana, Africa. It holds a strategic 141 square kilometer land package; Kunsu prospecting license, strategically placed on the Asankragua Manso Nkwanta gold belt in Ghana, West Africa. It owns 100% interest in Kunsu Prospecting License located in the Ahafo Ano South District of the Ashanti Region of Ghana, subject to 1.5% Net Smelter Royalty (NSR) to Wononuo Investment Limited. The Kunsu Gold Concession is located approximately 35 Km Northwest of Kumasi and 240 Km Northwest of Accra. Access to the license area is mainly by way of the Kumasi-Sunyani highway and then turning northwest at Mankranso to Kunsu township.


TSXV:AML - Post by User

Post by whinnyon Mar 21, 2018 8:30am
91 Views
Post# 27751755

Company sold assets - possible dissolution

Company sold assets - possible dissolutionhttps://finance.yahoo.com/news/castle-peak-signs-definitive-agreement-034100480.html

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2018) - Castle Peak Mining Ltd. (TSXV: CAP) ("Castle Peak" or the "Company"), is pleased to announce that, further to its news release of November 2, 2017, the Company has completed the sale of the Company's exploration interests in the southern Ashanti Belt, Western Region, Ghana to Star Goldfields Ltd. (the "Transaction") for proceeds of an aggregate of US$4,250,000 in cash, less certain less certain liabilities of the acquired subsidiaries of the Company that held the exploration interests as at the closing date.
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