Poseidon

Afri-Can and Deep South signed an option and operating agreement letting Copper Resources Corp earn up to a 70-per-cent interest in the Haib copper project in Namibia.

Afri-Can Marine Minerals Corp. fully subscribed its rights offering and closed private placements, raising a combined $2,138,646 at 10 cents per share.

Afri-Can Marine Minerals announced a transferable rights offering and private placement, with Trinity Holdings providing a standby commitment of up to $1 million.

Afri-Can Marine Minerals signed an amended agreement with Deep South Mining revising the payment terms and staged ownership structure for its option on the Haib copper deposit in Namibia.