Deep-South Resources Inc. reports that the legal counsels of the Company have filed the Company's response to the defense affidavit of the Ministry of Mines and Energy of Namibia on June 15, 2022. Due to the sudden death of Mr. John Akwenye, who was the named signatory of all the Company's affidavits, the Company had requested an extension to file the response affidavit by June 15, 2022. The Case Management hearing will [...]
The Board of Directors of Deep-South Resources Inc. announces that Deep-South's Chairman, John H. Akwenye has deceased suddenly over the weekend. All the Directors offers their condolences to his wife and family. The Board acknowledge his dedication as a Director of the Company. Pierre Leveille, President & CEO of Deep-South stated, "This is an important loss. Mr. Akwenye was a hard worker and highly dedicated to [...]
Deep-South Resources Inc. reports that the legal counsel of the Ministry of Mines and Energy of Namibia has finally filed its defense affidavit on May 17, 2022, twenty-six days late. At the hearing held on May 18, 2022, the judge has ordered Deep-South's attorneys to file their replying affidavit to the defense of the Ministry at the latest on June 3, 2022. The judge also ordered that a Case Management hearing will be [...]
Deep-South Resources Inc. reports that the legal counsel of the Ministry of Mines and Energy of Namibia is late to file its defense affidavit and has requested an extension of 10 days to file its affidavit. The reason invoked by the Ministry's counsel is that the Minister was out of the country since April 5, 2022 and was to return to his office only on Monday April 25, 2022. Deep-South's legal counsel indicated that they [...]
Deep-South Resources announces further to a discussion with the TSX Venture Exchange concerning the documents related to the Zambian exploration licences acquisition announced on April 7, 2022, Deep-South expect to resume trading on Tuesday April 19, 2022. Deep-South has signed a definitive earn-in agreement with World Class Mineral Ventures Ltd of Zambia to acquire up to 80% of three copper exploration licences in the [...]
Deep-South Resources Inc. announces the signature of a definitive earn-in agreement with Word Class Minerals Venture Ltd of Zambia to acquire up to 80% of three copper exploration licences in the center of the Zambian Copper belt, one of the most prolific copper belts in the world. John Akwenye, Chairman of Deep-South stated that: "While reinstating the licence over the Haib Copper project in Namibia remains our number [...]
Deep-South Resources and its affiliate Koryx Copper BV announce the appointment of King & Spalding LLP as international legal counsel. The mandate of King & Spalding is to review the Companies' options under international law in relation to the Namibian government's handling of the Haib Copper Exploration and Prospecting License and the government's refusal to renew the License. King & Spalding is an international law [...]
Deep-South Resources Inc. reports that at the hearing held on March 22, 2022, the judge has ordered the legal counsel of the Ministry of Mines and Energy of Namibia to file its defense affidavit at the latest on April 22, 2022. Deep-South attorneys will have until May 13, 2022 to file their reply to the defense of the Ministry. The judge has also drawn the attention of the parties to the Part 6 of the Rules of High Court [...]
Deep-South Resources Inc. reports that the legal counsel of the Ministry of Mines and Energy of Namibia filed additional documents as part of the review record. However, the documents filed do not provide any evidence supporting the decision of the Minister not to renew the Haib Copper licence EPL 3140. The judge had previously granted an extension to the Ministry to file the documents they stated to have recently [...]
Deep-South Resources Inc. reports that the legal counsel of the Ministry of Mines and Energy of Namibia have failed to file their defense affidavit as ordered by the High Court of Namibia on November 25, 2021. The Ministry's counsels stated that they have discovered new documents, which are not part of the record of proceedings. The Ministry's counsel has requested an extension to file those documents. The legal counsel [...]
Deep-South Resources announces the voting results from the Company's annual general meeting held on February 25, 2022. A total of 37,223,708 common shares were represented at the AGM, representing 25.44% of the votes attached to all outstanding common shares as at the record date. All of the matters submitted to the shareholders for approval as set out in the company's notice of meeting and information circular; both [...]
Deep-South Resources Inc. announces that the Namibian legal counsel of the Company and its subsidiary, Haib Minerals Ltd , have amended and supplemented the original application on behalf of Haib with the High Court of Namibia for an order that the Minister of Mines and Energy should grant the renewal of the Haib Copper EPL 3140 licence within 30 days of the issuing of the order. The Ministry has not filed any documents [...]