- Following its corporate name change, African Energy Metals (CUCO) has commenced trading on the TSXV
- The name change has been described as a renewal of the company’s focus on clean energy metals
- African Energy Metals focused on the acquisition, development, and operation of copper, cobalt, and lithium energy metals projects in the DRC
- African Energy Metals Inc. (CUCO) commenced trading at C$0.105 per share
Following its recently announced corporate name change, African Energy Metals (CUCO) has commenced trading on the TSXV.
Stephen Barley, Executive Chairman commented on the news.
“The move to electrification and EV’s coupled with decarbonization to achieve net zero global warming goals, has and will continue to increase the demand for energy metals and in particular copper, cobalt, and lithium energy metals. The DRC produces over 70 per cent of the worlds annual supply of cobalt, has what will become the world’s largest and richest copper mine, and has the world’s largest lithium deposit. The company has had a presence in the DRC for over eight years and is poised to take advantage of what will be a deficit in the supply of energy metals.”
“The change of our corporate name to African Energy Metals is an indication of a renewal of our original focus on the metals of the utmost importance for clean energy. Our compelling and aggressive carbon credit program reflects African Energy Metals commitment to the environment and sustainable alternate energy,” he added.
African Energy Metals is a natural resource company with a focus on the acquisition, exploration, development, and operation of copper, cobalt, and lithium energy metals projects in the DRC.
African Energy Metals Inc. (CUCO) commenced trading at C$0.105 per share.
