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Akwaaba Mining Ltd V.AML

Alternate Symbol(s):  CPKOF

Akwaaba Mining Ltd is a Canada-based exploration company. The Company is engaged in the business of exploration and evaluation of mineral properties in Ghana, Africa. The Company’s Akorade project is located in southwest Ghana, in the southern portion of the Ashanti gold belt. This land package encompasses approximately 225 square kilometers, lying within 50 kilometers of five producers accounting for nearly 50 million ounces in gold reserves and resources. The Company has an initial discovery, the Apankrah Deposit, an inferred mineral resource estimate of 275,000 tons at 8.6 gold per ton (g/t Au) for a total of 76,000 contained ounces.


TSXV:AML - Post by User

Comment by MarkJagron Jun 29, 2018 2:25pm
160 Views
Post# 28252973

RE:RE:RE:RE:Where is the new news?

RE:RE:RE:RE:Where is the new news?Thanks for the response. Why exactly am I wrong?
All the proceeds for the Ghana assets are included in the March 31, 2018 figure given!  
Give me numbers and facts or a word stating that you "believe or think or hope that all money was not yet received or accounted for as per dear Jagrs' statement" , not just a "you are wrong".

Why am I arguing with you, spending time on your arrogance.... Trump and his empty non-factual being is taking over the world; substance and correctness is not needed in this world. Fake news here we come with Bookends, Fox and Donald hand in hand.


FROM SEDAR: Sale of assets On August 3, 2017, the Company entered into a definitive agreement (the "Agreement") (which superseded the letter of intent signed on April 19, 2017) with Star Goldfields Ltd. ("Star Goldfields"). The agreement allowed Star Goldfields to purchase the Company’s nine prospecting licenses in Ghana through acquiring 100% of the common shares of the Company’s wholly-owned subsidiary Castle Peak Mining (2006) Ltd. for total cash proceeds of US $4,250,000 (the "Transaction") payable as follows: a) A non-refundable down payment of US $200,000 (CAD$ 271,458 received on April 28, 2017) b) A non-refundable deposit of US $2,050,000, payable upon signing of the Agreement (CAD$ 2,580,253 received on August 8, 2017) c) The balance of US $2,000,000 payable at closing of the Transaction (CAD$ 2,615,800 received on March 19, 2018).
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