African Qn Mines Ord (AFQMF) 0.0021 $AFQMF
African Queen Enters into Conditional Agreement Covering Sale of its Ghana Assets
ACCESSWIRE - Tue Sep 16, 2:32PM CDT
Vancouver, British Columbia / ACCESSWIRE / September 16, 2014 / AFRICAN QUEEN MINES LTD. (the "Company"
is pleased to announce that it has entered into a conditional agreement with a Ghanaian-based resource company to purchase from the Company 100% of the shares of the capital stock of its Ghanaian operating subsidiary, AQ Ghana Gold Limited
NEM: 18.57 (+0.53), AQ.VN: 0.005 (unch)
African Queen and XORTX Pharma Terminate Proposed Merger Transaction
ACCESSWIRE - Thu Jul 31, 1:30PM CDT
Vancouver, British Columbia / ACCESSWIRE / July 31, 2014 / AFRICAN QUEEN MINES LTD. (the "Company" announces that it has entered into a Termination Agreement with XORTX Pharma Corp. ("XORTX" to terminate by mutual agreement its acquisition of all of the outstanding shares of XORTX and the related transactions which would have resulted in the consolidation of the companies in a transaction characterized as a reverse take-over (RTO). Accordingly, the Letter Agreement dated March 2, 2014, as amended March 18, 2014, April 15, 2014 and May 31, 2014, among the Company, XORTX, Dr. Allen Davidoff and Irwin Olian has been terminated, with the exception of certain provisions related to confidentiality and payment of expenses. The consolidation of the companies was terminated due to failure to meet the financing condition specified in said Letter Agreement, which required a minimum of $3 Million to be raised in a related private placement for the transaction to be consummated.
AQ.VN: 0.005 (unch)
African Queen Updates Status of Acquisition of XORTX Pharma Corp.
ACCESSWIRE - Mon Jul 07, 2:29AM CDT
Vancouver, British Columbia / ACCESSWIRE / July 7 2014 / AFRICAN QUEEN MINES LTD. (the "Company" or "African Queen" is pleased to announce that it has now finalized and is mailing to its shareholders the Information Circular (the "Circular" in relation to its Special Meeting of Shareholders (the "Meeting" to be held to seek their approval of its acquisition of XORTX Pharma Corp. ("XORTX" and related transactions (the "XORTX Transaction" . The date of the Meeting has been set for August 1, 2014. All shareholders of the Company of record on June 2, 2014 (the "Record Date" will be entitled to vote in person or by proxy at the Meeting. The XORTX Transaction is anticipated to close shortly thereafter, concurrent with closing of the related Private Placement (as defined below).
AQ.VN: 0.005 (unch)
African Queen Enters into Conditional Agreement Covering Sale of its Ghana Assets
ACCESSWIRE - Tue Sep 16, 2:32PM CDT
Vancouver, British Columbia / ACCESSWIRE / September 16, 2014 / AFRICAN QUEEN MINES LTD. (the "Company"
is pleased to announce that it has entered into a conditional agreement with a Ghanaian-based resource company to purchase from the Company 100% of the shares of the capital stock of its Ghanaian operating subsidiary, AQ Ghana Gold Limited NEM: 18.57 (+0.53), AQ.VN: 0.005 (unch)
African Queen and XORTX Pharma Terminate Proposed Merger Transaction
ACCESSWIRE - Thu Jul 31, 1:30PM CDT
Vancouver, British Columbia / ACCESSWIRE / July 31, 2014 / AFRICAN QUEEN MINES LTD. (the "Company"
announces that it has entered into a Termination Agreement with XORTX Pharma Corp. ("XORTX" to terminate by mutual agreement its acquisition of all of the outstanding shares of XORTX and the related transactions which would have resulted in the consolidation of the companies in a transaction characterized as a reverse take-over (RTO). Accordingly, the Letter Agreement dated March 2, 2014, as amended March 18, 2014, April 15, 2014 and May 31, 2014, among the Company, XORTX, Dr. Allen Davidoff and Irwin Olian has been terminated, with the exception of certain provisions related to confidentiality and payment of expenses. The consolidation of the companies was terminated due to failure to meet the financing condition specified in said Letter Agreement, which required a minimum of $3 Million to be raised in a related private placement for the transaction to be consummated. AQ.VN: 0.005 (unch)
African Queen Updates Status of Acquisition of XORTX Pharma Corp.
ACCESSWIRE - Mon Jul 07, 2:29AM CDT
Vancouver, British Columbia / ACCESSWIRE / July 7 2014 / AFRICAN QUEEN MINES LTD. (the "Company" or "African Queen"
is pleased to announce that it has now finalized and is mailing to its shareholders the Information Circular (the "Circular" in relation to its Special Meeting of Shareholders (the "Meeting" to be held to seek their approval of its acquisition of XORTX Pharma Corp. ("XORTX" and related transactions (the "XORTX Transaction" . The date of the Meeting has been set for August 1, 2014. All shareholders of the Company of record on June 2, 2014 (the "Record Date" will be entitled to vote in person or by proxy at the Meeting. The XORTX Transaction is anticipated to close shortly thereafter, concurrent with closing of the related Private Placement (as defined below). AQ.VN: 0.005 (unch)
