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Alphamin Resources Corp. V.AFM

Alternate Symbol(s):  AFMJF

Alphamin Resources Corp. is a Mauritius-based company, which is engaged in the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The Company sells its product to one customer, Gerald Metals SA. The Company’s Mpama South development project is adjacent to the producing Mpama North mine and comprises a new underground development portal, processing plant and associated equipment. The Company has developed and brought the Bisie Tin Mine project in production. The Company’s subsidiaries include Alphamin Bisie Mining SA, Alphamin South Africa (Pty) Limited, Alphamin Holdings (BVI) Ltd, and Alphamin Holdings (BVI) Ltd.


TSXV:AFM - Post by User

Comment by BudFoxx2020on Jan 30, 2023 5:39pm
128 Views
Post# 35255000

RE:RE:Volume...

RE:RE:Volume...Another dividend declared.  This could explain the volume the last few weeks.  A solid fundamental company just stuck in a bad market.  I just hope volume continues to increase.  Good luck and have your stop losses in place.  Cheers.

Final FY2022 Dividend Declared

The Board has declared a final FY2022 cash dividend of CAD$0.03 per share on the common shares (approximately US$28.7m in the aggregate) (the “Dividend”). The Dividend will be payable on 10 March 2023 to shareholders of record as of the close of business on 24 February 2023. Together with the interim FY2022 dividend of CAD$0.03 per share declared on 5 July 2022, the total FY2022 dividends declared amount to CAD$0.06 per share.

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