|Bid||0.1500 x 0|
|Ask||0.1600 x 0|
|Day's Range||0.1450 - 0.1600|
|52 Week Range||0.1200 - 0.2700|
|Beta (5Y Monthly)||0.52|
|PE Ratio (TTM)||53.33|
|Earnings Date||Feb. 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.07|
GRAND BAIE, Mauritius, June 11, 2020 -- Alphamin Resources Corp. (TSXV: AFM, JSE AltX: APH, “Alphamin” or “the Company”) announced today that, subject to regulatory approval,.
Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”) is pleased to announce that it has completed its previously announced offering of common shares pursuant to which an aggregate of 312,319,539 common shares were issued (approximately US$31.01 million) (the “Offering”). The Company issued for cash on a non-brokered private placement basis 100,819,541 common shares at a price of C$0.14 for gross proceeds of approximately C$14,114,736 (approximately US$10.01 million). Of this amount, 60,428,571 common shares (approximately US$6 million) were acquired by the Company’s major shareholder, Tremont Master Holdings (“Tremont”).
Further to the press release of Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”) dated April 28, 2020, the Company is pleased to announce that the 2019 annual filings have now been completed. The filings include the Company's annual audited consolidated financial statements for the twelve months ended December 31, 2019 and related Management Discussion & Analysis. The documents are now available for viewing and download under the Company's SEDAR profile at www.sedar.com.
Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”) announced that it has been informed by its auditors that due to their additional risk assessment requirements related to the uncertainty created by the COVID-19 pandemic and their limitations on people movement, they are required to perform a further COVID-19 specific risk assessment on the Company and that they will not be in a position to sign the audit report in the financial statements by the filing deadline of April 29, 2020. The Company expects to file the annual filings on or prior to May 6, 2020. Accordingly, the Company will not file its audited financial statements and other annual filings under Canadian securities laws by the deadline date of April 29, 2020 and will be relying on the exemption provided in British Columbia Instrument 51-515 - Temporary Exemption from Certain Corporate Finance Requirements of the British Columbia Securities Commission (and similar exemptions provided by the Alberta Securities Commission) (collectively, the “Instruments”) which provide a temporary extension of the time for completion of such filings for up to 45 days.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. GRAND BAIE, Mauritius, April 27, 2020 -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX,.
GRAND BAIE, MAURITIUS, April 03, 2020 -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”) is pleased to provide the following production update.
GRAND BAIE, Mauritius, March 16, 2020 -- Alphamin Resources Corp. (AFM:TSXV, APH: JSE AltX, “Alphamin”, or the “Company”) is pleased to announce that it’s 80.75% subsidiary,.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
GRAND BAIE, Mauritius, Feb. 20, 2020 -- Alphamin Resources Corp. (AFM:TSXV, “Alphamin”, or the “Company”) wishes to highlight some of the key technical results of its newly.
GRAND BAIE, Mauritius, Feb. 14, 2020 -- Alphamin Resources Corp. (AFM: TSXV, “Alphamin” or the “Company”) is pleased to announce that, further to its news release of February.
Contained tin production of 2,235 tons was in line with our market guidance and followed a step change in processing recoveries to ~70% (ultimate target: 72%) during November and December 2019. Tin grades are variable depending on where mining is taking place and tapered off to 4.9% during Q4 2019, in line with expectations.
Changes were made to the jig circuit which improved jig recoveries, increased the mass pull to the gravity section resulting in less tin fines and ultimately increased recoveries of tin. As a result, our Q4 2019 AISC per ton of contained tin is expected at the lower end of our previous guidance range of US$12,000 to US$13,000.
The truth is that if you invest for long enough, you're going to end up with some losing stocks. But long term...
GRAND BAIE, Mauritius, Nov. 11, 2019 -- Alphamin Resources Corporation (AFM:TSXV, “Alphamin”, or the “Company”) is pleased to announce financial and operating results for the.
Alphamin Resources Corporation (AFM:TSXV, “Alphamin”, or the “Company”) reports that on 30 October 2019, a major bridge has collapsed some 53km south east of Kisangani along the main provincial road used for exporting all concentrate and importing major consumables. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
GRAND BAIE, Mauritius, Oct. 16, 2019 -- Alphamin Resources Corp. (AFM:TSXV, “Alphamin”, or the “Company”) is pleased to announce its production and sales report for the quarter.
Mr Boris Kamstra will step down as CEO with immediate effect. Boris has led the Alphamin team through its development and mine build phase and has done an extraordinary job in extraordinary conditions. Negotiating and implementing Agreements with all local stakeholders resulting in a constructive working relationship and “licence to operate” with the local communities and Democratic Republic of the Congo (“DRC”) representatives, both local and national.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...