Afri-Can Marine Minerals Corp. has appointed Richard Tait to its board of directors, replacing Howard Messias and Michael Nicolai who resigned after nine and 17 years respectively.
Afri-Can Marine Minerals signed an option agreement with Diamond Fields International to acquire up to a 90-per-cent interest in four diamond mining leases off Luderitz, Namibia.
Afri-Can Marine Minerals Corp. has completed the acquisition of a 20 per cent interest in Thyme Investments, owner of the EPL 3403 marine diamond concession in Namibia, in exchange for shares.
Afri-Can Marine Minerals completed the first phase of sampling on the EPL 3403 marine diamond concession in Namibia on Dec. 16, 2012, recovering 17 diamonds.
Afri-Can Marine Minerals began a sampling program on Dec. 2, 2012 on its EPL 3403 marine diamond concession in Namibia, targeting a minimum of 250 samples.
Afri-Can Marine Minerals Corp. plans to start a sampling program on EPL 3403 offshore Namibia around Nov. 25, 2012, extracting at least 250 five-square-metre samples over a minimum of 14 days.
Afri-Can Marine Minerals completed analysis of a May 2012 geophysical survey on its EPL 3403 marine diamond concession in Namibia, delineating a new 18-square-kilometre prospecting target.
Afri-Can Marine Minerals Corp. has chartered the MV DP the Explorer from IMDH to begin a diamond sampling program on EPL 3403 in Namibia around Nov. 25, 2012.
Afri-Can Marine Minerals closed the final $1-million tranche of its brokered private placement plus a $347,976 non-brokered placement, bringing total gross proceeds to $3,783,456.