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Africo Resources Ltd (ARL) is pleased to welcome Larry Okada as the Company's interim Chief Financial Officer, replacing Michael O'Brien.
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Africo Resources Ltd announces that it repurchased 1,731,000 of its common shares on November 3, 2009 from its Chairman Mr Chris Theodoropoulos, at a price of $0.76 per share, being the closing price of Africo's shares on Monday November 2, 2009.
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Africo is pleased to report positive results from a drilling programme undertaken on its Kalukundi Project in the Katanga Province of the Southern DRC.
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Africo announces that, further to its news release dated May 19, 2009, its minority shareholders have ratified the entering into of the agreement with Camrose Resources Ltd. and Comide Sprl. pursuant to which all parties had agreed to terminate the acquisition by Africo of the Mashitu property.
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