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February 13, 2016 9:06 AM ET

Company Overview of Afrimines Resources SPRL

Company Overview

Afrimines Resources SPRL owns mining assets. The company is based in Democratic Republic of the Congo.

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Democratic Republic of the Congo

Key Executives for Afrimines Resources SPRL

Afrimines Resources SPRL does not have any Key Executives recorded.

Afrimines Resources SPRL Key Developments

Monument Mining Limited Entered into JV Agreement with Afrimines Resources S.A.R.L and Regal Sud Kivu S.A.R.L

Monument Mining Limited announced that it has entered into an 'Earn-In and Shareholders Agreement' (the JV Agreement) with Afrimines Resources S.A.R.L ('Afrimines') and its wholly owned subsidiary, Regal Sud Kivu S.A.R.L ('Regal') to earn up to 90% joint venture interest in the Matala Gold Project. Afrimines and Regal are both incorporated and operated in the Democratic Republic of Congo ('DRC'), where Regal holds a 100% interest in the Matala Project. Pursuant to the JV Agreement, Monument has the right to earn up to a 90% interest in Matala (a "JV Interest") by increasing its holding position of Regal, a joint venture company incorporated in the DRC, through exercise of several earn-in options at its sole discretion; and Monument can terminate the earn-in obligations at any time during each earn-in period with no further obligations.

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