Afri-Can Marine Minerals

IMDH has completed conversion of the sampling vessel MV DP the Explorer for Afri-Can Marine Minerals, which will sail from Singapore to Cape Town.

IMDH says conversion of the chartered sampling vessel MV DP the Explorer is nearing completion and it will leave Singapore for Cape Town by mid-November.

Afri-Can Marine Minerals Corp. issued 300,000 shares to Vivian Stuart-Williams for geotechnical services on the Haib copper concession in Namibia rendered since 2004.

Namibia's Ministry of Mines and Energy has approved the option and joint venture agreement among Afri-Can Marine Minerals, Deep South Mining and Teck Cominco Namibia on the Haib copper project, effective July 28, 2008.

IMDH told Afri-Can Marine Minerals that conversion delays will push the DP sampler's departure from Singapore to late September, delaying block J sampling in Namibia by about two months.

Afri-Can Marine Minerals and Deep South Mining signed an option and joint venture agreement giving Teck Cominco Namibia rights to earn a 70-per-cent interest in the Haib copper project, Namibia.

Afri-Can Marine Minerals' board extended the expiry dates of two share purchase warrant tranches priced at 18 cents.

Afri-Can Marine Minerals' contractor Delmar Geoservices completed a NI 43-101 technical report on Block J offshore Namibia, revising diamond potential estimates from 2006 phase 2 sampling.

Afri-Can's contractor IMDH says conversion of the sampling vessel DP Sampler is nearing completion at JSML Shipyard in Singapore ahead of block J diamond sampling work.

Afri-Can Marine Minerals Corp. closed a $2,645,500 private placement of units to fund its diamond sampling program on block J in Namibia.