West African Resources announce an Investor Presentation for February 2014 with the following highlights: ASX and TSXV listed, Code: WAF, Completed acquisition of Channel Resources 17th January 2014, Aggressive discoverer leveraged to both gold and copper, Fast-tracking low cost heap leach gold project at Mankarga 5 (0.4Moz Gold Indicated, 0.6 Moz Gold Inferred), Large scale gold and copper growth project at Sartenga [...]
West African Resources is pleased to report first gold results from a 7,500m reverse circulation (RC) and diamond core drilling program at its 90%-owned Mankarga 5 Deposit located on the Tanlouka Permit, part of the Boulsa Project, in Burkina Faso.“The results confirm continuity of strong mineralisation from depth into the oxide zone at Mankarga 5 and validates our decision to acquire the Mankarga 5 Deposit, and focus on [...]
West African Resources is pleased to report activities on its projects in Burkina Faso, West Africa, for the quarter ending 31 December 2013.The Quarter saw the Company complete the acquisition of TSXV Channel Resources Ltd. with final approvals from the TSX granted after the quarter end on 17 January 2014. The focus of the acquisition by West African was Channel's main asset, the Tanlouka Permit, which includes the [...]
West African Resources is pleased to announce the appointment of Mr. Jean-Marc Lulin to the position of Non-Executive Director.Mr. Lulin is a senior mining executive with 30 years of experience in North America, Africa and Europe. Since June 2003, Mr. Lulin has been as President, CEO and Director of TSXV listed company Azimut Exploration Inc. Mr Lulin was formerly the President and COO for Channel Resources (1996-2001 [...]
West African Resources reports that it has successfully completed the previously announced 100% acquisition of Channel Resources on January 17, 2014. West African has issued 32,036,754 ordinary shares and 14,918,508 three year share purchase warrants exercisable at A$0.40 per share to former Channel shareholders. In addition, West African has issued 1,365,000 share purchase options in exchange for Channel options. West [...]
Channel Resources and West African Resources jointly report that West African Resources has received conditional approval from the TSX Venture Exchange for West African's listing of ordinary shares and share purchase warrants. Approval of the TSXV listing by West African is a principal condition required for closing the previously announced plan of arrangement (the "Arrangement") whereby West African is to acquire all of [...]
Channel Resources and West African Resources jointly report that on Wednesday, December 11, 2013, Channel obtained a final order from the Supreme Court of British Columbia, approving the previously announced plan of arrangement whereby West African is to acquire all of the issued and outstanding common shares of Channel. The Arrangement is still subject to certain conditions that need to be satisfied prior to the [...]
Channel Resources and West African jointly report that Channel's shareholders overwhelmingly approved the previously announced plan of arrangement whereby West African is to acquire all of the issued and outstanding common shares of Channel. At Channel's special shareholder meeting held earlier today, votes representing 48.52% of the outstanding shares of Channel as at the record date were cast. Votes in favour of the [...]
Channel Resources is pleased to provide an update on the transaction first announced on August 14, 2013, pursuant to which West African wishes to acquire, by way of a plan of arrangement, all of the issued and outstanding common shares of Channel for West African securities. Channel obtained an interim order from the Supreme Court of British Columbia on November 7, 2013, authorizing, among other things, the holding of a [...]
Channel Resources and West African Resources jointly announce that a definitive arrangement agreement has been executed in connection with the transaction announced August 14 pursuant to which West African will acquire, by way of a plan of arrangement, all of the issued and outstanding common shares of Channel for West African securities.
Channel Resources and West African Resources jointly announce the signing of a letter agreement pursuant to which the parties intend that West African will acquire, by way of a Plan of Arrangement, all of the issued and outstanding common shares and options of Channel. The Transaction has been unanimously approved by the board of directors of both companies. The Letter Agreement states that the parties intend that all of [...]
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