Deep-South Resources Inc. reports that the legal counsel of the Ministry of Mines and Energy of Namibia proceeded with their last filing on November 17, 2021. The filing did not include any documents supporting the decision of the Minister to deny the renewal of the Haib Copper licence. Therefore, the Ministry has not provided any evidence supporting the decision of the Minister. At the Court hearing on November, 25 [...]
Deep-South Resources Inc. reports that at the Court hearing on November, 11, 2021, the legal counsel of the Ministry of Mines and Energy of Namibia requested an additional week to complete its filing of the documents supporting the decision of the Minister to refuse the Haib Copper licence renewal. The High Court of Namibia granted the Ministry the requested time to complete the filing. Deep-South's legal counsel will [...]
Deep-South Resources Inc. reports that at the Court hearing on October 28, 2021, the High Court of Namibia ordered the Ministry of Mines and Energy of Namibia to complete its filing of the documents supporting the decision of the Minister to refuse the Haib Copper licence renewal before November 11, 2021. The Ministry proceeded with a first filing on October 21, 2021 but it was not complete and did not include any [...]
Deep-South Resources Inc. announces that it will extend the exercise period of the first tranche of 800,000 share purchase warrants for a further two years term and the second tranche of 2,731,500 share purchase warrants for a further two years term. The warrants which are exercisable at a price of $0.20 per common share, were scheduled to expire for the first tranche November 22, 2021 and for the second tranche March 5 [...]
Deep-South Resources Inc. reports that at the Court hearing on September 16, 2021, the High Court of Namibia ordered the Ministry of Mines and Energy of Namibia to file the documents supporting the decision of the Minister to refuse the Haib Copper licence renewal. After the filing of the Ministry's documents, Haib Minerals will have until October 21, 2021 to supplement or amend its own documents filed on July 20, 2021 [...]
Deep-South Resources Inc. announces that the High Court of Namibia has rendered a decision that interdicts and restrains the Ministry of Mines and Energy of Namibia to grant a mineral licence, including an Exclusive and Prospecting Licence, in terms of the Minerals Act 1992, to any Person or Company over the area covered by the Haib Copper project - EPL 3140. The interdict and restrain order are in force until the final [...]
Deep-South Resources Inc. announces that it has received Depository Trust & Clearing Corporation eligibility, making the Company's securities more accessible to US investors. The DTC is the largest securities depository in the world and facilitates electronic settlement of stock certificate transfers in the United States. The shares of the Company, trading under the symbol "DSMTF" and Cusip # 24378W103 in the United [...]
Deep-South Resources Inc. announces the appointment of Mrs. Ally Angula as an independent Director in replacement of Mr. Sadike Nepela deceased in June 2021. Mrs. Angula is a Namibian citizen and is a Chartered Accountant with extensive background in accounting and business management in Namibia. She is the principal founder of The CFO Namibia a Chartered Accountancy and Financial Advisory firm. She is also the Co-founder [...]
Deep-South Resources Inc. announces that the Namibian legal counsel of the Company and its subsidiary, Haib Minerals Ltd , have filed an application on behalf of Haib with the High Court of Namibia for an order reviewing the decision of the Minister of Mines and Energy refusing the renewal of Haib's licence EPL 3140 covering the Haib Copper project in Namibia. The application also seeks an urgent interdict aimed at [...]
Deep-South Resources Inc. announces that Luke Sadike Nepela has passed on after a short illness. The Board of Directors offers it's condolences to his wife and family. The Board acknowledge his dedication as a Director of the Company. John Akwenye, Chairman of Deep-South stated, "We will miss a very good colleague and for some of us we will miss a very good person and friend ". Mr. Nepela will not be immediately replaced [...]
Deep-South Resources Inc. announces that further to the meeting yesterday with the Minister of Mines and Energy of Namibia and other Officials of the Ministry of Mines and Energy , the Company has received a notice from the Minister confirming that the Company's application for the renewal of its Exclusive Prospecting Licence 3140 has been refused. The Company intends to vigorously contest this decision by all means [...]
Canada - June 23, 2021 - Deep-South Resources Inc. announces that today the representatives of the Company have met with the Minister of Mines and Energy of Namibia and other Officials of the Ministry of Mines and Energy to voice the Company's objections to the Minister's refusal to renew its Haib Copper License. During the meeting, the Company's representatives had the opportunity to inform the Minister of the work in [...]