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Posted by ProfitableStocksOnly at May 17, 5:47 PM
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ProfitableStocksOnly Note: The UPC was the main rebel group that controlled Bambari, Ndassima and the surrounding area. That group has now been removed, thus giving the government room to move in and secure everything. Axmin's gold deposit is in Ndassima. Despite Ali Darassa escaping, he has no force to command and his funding sources are now gone.

https://corbeaunews-centrafrique.com/centrafrique-combat-de-gbokologbo-comment-ali-darassa-a-pu-sechapper/?fbclid=IwAR0cn_nzEOe_FVVkOE263WDkHO3xklcxPWuqEoSgfCpagbzIycISpYWJAfQ

Sunday, January 13, 2019 around 6 am, after the complete destruction of the UPC military bases, the Portuguese forces left Bambari for the village Gbokologbo , second stronghold of the UPC in Ouaka , 60 kilometers on the Alindao axis . The objective according to the Minusca , clear the rebels in all the sector close to Bambari .

Meanwhile, Rwandan soldiers from Minusca , based in the Alindao sub-prefecture , have been alerted of the next operation that will take place in the second stronghold of the UPC in Ouaka . Immediately, they spent the night from Saturday to Sunday, January 13 25 kilometers from Gbokologbo , blocking the northern exit of the rebels to Alindao .

At the same time, the Portuguese forces , which are progressing from Bambari, begin to confront the rebels of the UPC 40 kilometers from Bambarito Digui village .

As the fight progressed , the Portuguese advanced dangerously from Gbokologbo . Only 5 kilometers away, rebel leader Ali Darassa and his friend Hassa BOUBA , former advisor to President Faustin Archange TOUADERA , called for a cease-fire to negotiate.

While the Minusca poses its conditions, including the dismantling of all the barriers, as well as

the non-circulation of rebels with guns in the corner , Ali Darassa accepts all these imposed conditions.

As a good rogue, rebel leader Ali Darassa and some of his men, including Hassan Bouba quietly left the village.

As if that were not enough, some rebels came out behind the Rwandan soldiers and opened fire.

Immediately, the Portuguese and Rwandan forces entered the Gbokologbo village to drive out the rebels.

Here too, all the UPC bases were destroyed by the Minusca forces .

While rebel leader Ali Darassa and his friend Hassan BOUBA fled to the town of Ngakobo , much to everyone's surprise, Hassan BOUBA was released on Tuesday (January 15th) in Ndélé , the provincial capital of Bamingui-Bangoran . Immediately, he is summoned by gde to leave the city. Since then, he is no longer visible.

For the time being, no rebel, at least in weapon or outfit , is no longer visible in Bambari and Gbokologbo .
15/01/2019 8:34 PM
ProfitableStocksOnly ECCAS Ambassador Expects CAR Peace Agreement To Be Reached At Khartoum Meeting

https://www.urdupoint.com/en/world/eccas-ambassador-expects-car-peace-agreement-530913.html

MOSCOW (UrduPoint News / Sputnik - 16th January, 2019) The Economic Community of Central African States' (ECCAS) ambassador to the Central African Republic (CAR) told Sputnik on Wednesday that he believed the CAR government and the representatives of the country's militia groups would be able to reach a peace deal during their upcoming meeting in the Sudanese capital.

A week ago, the Sudanese Foreign Ministry announced that the next round of peace talks would be held in Khartoum on January 24.

"I expect an agreement between the CAR government and the 14 armed groups invited for the dialogue ... ECCAS does support an inclusive agreement for peace in CAR," Adolphe Nahayo, who will be part of the ECCAS delegation to the meeting, said.

The Central African Republic has been marred by clashes between the predominantly Muslim armed group Seleka, the Christian Anti-balaka militia, and the government forces since 2012.

In August 2018, Seleka and the Anti-balaka militia agreed to establish a platform for consultations on sustainable peace in the African nation. The groups then also called on the government to seek help from Russia, the European Union, and other regional and international players in the reconciliation efforts.
16/01/2019 11:05 AM
ProfitableStocksOnly The Central African Republic gets set for free trade

https://www.uneca.org/stories/central-african-republic-gets-set-free-trade

Yaounde, 18 January 2019 (ECA) – A total of 83 leaders from the public and private sectors of the Central African Republic (CAR) have completed a three-day training to appropriate rules of origin procedures for accrediting national industrial products into the ECCAS-CEMAC Harmonized Preferential Tariff regime.

Facilitated by the Subregional Office for Central Africa of the UN Economic Commission for Africa (ECA), the training took place in Bangui as part of a series that has already benefitted local investors and administrative officials in Cameroon, the Republic of Congo, Gabon, Chad and the Democratic Republic of the Congo.

The series of training ultimately seeks to fully activate free trade within the ECCAS and help to operationalize the African Continental Free Trade Area (AfCFTA), whose legal instruments were signed on 21 March 2018 in Kigali, Rwanda.

The trainees are expected to use the insights from the workshop to make better use of the current preferential tariff regime in place across ECCAS countries, given that current ECCAS arrangements have removed tariffs from the intraregional export-import of items that have been locally produced and transformed, yet were little known or applied on the field.

"In prelude to our exposure to the huge opportunities the continental marketplace (AfCFTA), the appropriation of the sub-regional market is a challenge that we must first tackle together as the public and private sector” said the CAR Minister of Trade and Industry – Mr. Come Hassan, who opened the training session.

“This training, which is an essential link in the chain leading us towards a free trade area, will therefore plug the knowledge gaps we face around the contours of intra-African trade,” he added.

He said it was high time the CAR worked to the extent that its “market becomes a supplier” of finished products to the Central African subregion and beyond.

For his part, Mr. Simon Fouda – Economic Affairs Officer and Representative of the Director of ECA's Subregional Office for Central Africa, called on the beneficiaries of the training to immerse themselves in the mastery procedures for benefitting from the CEEAC-CEMAC preferential tariff for local industrial products, as this will "concretely exude the benefits of the Central African Free Trade Area".

Tariff and non-tariff barriers as well as limited economic diversification and product complementarity among Central African states have contributed to the lower performance of the subregion in terms of intra-Africa trade, which stands at about 3% against the African average of 17%.

The Bangui training brings the number of persons trained to take advantage of the ECCAS-CEMAC Harmonized Preferential Tariff regime to boost intraregional trade in Central Africa to almost 400 across six countries of the subregion. Actors in the rest of the countries of the subregion will also be reached.

Funding for the activity was made possible thanks to a contribution agreement signed by the European Union (EU) and the UN Economic Commission for Africa (ECA) for the further harmonization of ECCAS and CEMAC trade policy instruments.

-ENDS-

Issued by:

The Sub-Regional Office for Central Africa

UN Economic Commission for Africa (ECA)

P.O. Box 14935 Yaounde, Cameroon

Tel: (+237) 222504348 / 222504315 / 222504321

Email: sroca@uneca.org


Media Contacts

Abel Akara Ticha – Communication Officer

Tel: 237 222504348
18/01/2019 10:34 AM
ProfitableStocksOnly Peace Talks Between Rebels & Central African Republic Have Begun

Before reading the article below, keep in mind that the CAR government has already taken back a significant amount of area through it's FACA forces, with the help of the UN and Russia. The peace talks and embargo only speed things up, but Axmin announced their update without any regards to the events taking place. The company will get back on the claim either way.

https://africandailyvoice.com/en/2019/01/24/central-african-republic-stakes-inter-central-african-talks-khartoum-sudan/

NEWSROOM (ADV) – Inter-Central African peace talks in Central Africa are opening on Thursday, January 24, 2019 in Khartoum, the Sudanese capital.

The armed groups and the government are scheduled to meet in the Sudanese capital from 24 to 30 January to discuss the issues of peace in order to truly initiate the disarmament of armed groups for an end of the crisis in the Central African Republic, which is sinking into violence for several decades.

Several personalities and representatives of armed groups are invited by the African Union. Almost all armed groups have agreed to take part in these exchanges, despite the context of tensions in some cities in the interior of the country.

These so-called “last chance” talks present several issues. They come a the government launched the process of justice, something that these groups do not admit and advocate amnesty yet denounced by all.

The division of power, especially the prime minister, is part of the demands of these armed groups, who then demand a government of national unity.

This dialogue will open in a context of Western interferences following the Russian presence which made a remarkable diplomatic breakthrough for two years, after having been authorized by the UN Security Council to deliver arms to the Central African Armed Forces and to train them in handling these weapons. Also without losing sight of geopolitical and geostrategic issues.

Already, in a statement, the government invites the peace-loving Central Africans to mobilize behind the negotiating team with the firm intention of reaching a compromise with the armed groups, in the strict respect of the Constitution, the National Unity, Territorial Integrity, Secular and Republican Form of the State and Conclusions of the Bangui National Forum.

This dialogue of Khartoum, which is the first step according to the AU calendar, comes five months after the Russian initiative that brought together the 5 most influential rebel leaders of the country, who signed an agreement to guarantee the success of the African Peace Initiative.
24/01/2019 11:15 AM
ProfitableStocksOnly CAR / Khartoum peace talks: Central African government and rebels actively seeking compromise to achieve lasting peace

https://africandailyvoice.com/2019/01/26/rca-pourparlers-de-paix-a-khartoum-le-gouvernement-et-rebelles-centrafricains-recherchent-activement-un-compromis-pour-parvenir-a-une-paix-durable/

2019-01-26 Central African Republic , POLITICS

Khartoum, Sudan (ADV) - At the end of a first day of exchange and contact between Central African rebels and the Bangui government, everything gives the impression that clashes and misfortunes will be the ills that will now befall any nobody lurking or not in the shadows who would try to destabilize the Central African Republic; the willingness of the various protagonists of the Khartoum dialogue has been shown and we can no longer manifest in the early hours of the talks prepared since 2017, under the auspices of the African Union and initiated at the end of August by the Russian Federation, always here at Khartoum.

In the sudden capital, on 25 January, the Central African armed groups said they were optimistic about the continuation of the dialogue that takes place in the presence of the organizers and all the delegations that came to support the Central African brothers in this important moment in their history, in the search for lasting peace and national reconciliation for all the children of the country ... In their words, we mean a will to make a clean sweep of the past and disputes that have lasted too long, as evidenced by these words of a political adviser of the FPRC, Abakar Salom.
Extract.



For its part, the Central African government, through its head of mission in Khartoum, Firmin Ngrebado, hailed the fact that the representatives of the armed groups are all in favor of a peace agreement to get the country out of the deadlock and security. to truly rebuild.

The government and rebel groups will therefore actively and responsibly seek this compromise, a prerequisite for the return of peace in the Central African Republic.

An episode that promises to be difficult, according to some observers, to the extent that, according to them, the main demand made by the armed groups revolves around the division of power and the request for a government of national unity.

However, it is important to note that at this stage of the exchanges, the demands of the rebel groups have already been heard by the Central African government. The government will certainly share its answers in the hours or days to come ...

Meanwhile, all the actors and organizers of these meetings welcomed the first moments of this dialogue and especially the day of 25 January 2019 behind closed doors, marked by a presentation on the origin of the conflict in Central Africa, the government statement of the Central African Mission in Khartoum and exchanges between the two sides in a question-and-answer format.



The rest of the process is certainly to come, but in Khartoum for the moment, on the future of the CAR, it is the tranquility that reigns.
26/01/2019 11:06 AM
ProfitableStocksOnly Bangui calls for UN arms embargo to be lifted

https://www.dailymail.co.uk/wires/afp/article-6640235/Bangui-calls-UN-arms-embargo-lifted.html

By AFP PUBLISHED: 08:35 EST, 28 January 2019 | UPDATED: 10:00 EST, 28 January 2019

The prime minister of Central African Republic led a rally of around 3,000 people on Monday calling for a global arms embargo to be lifted ahead of a UN meeting later this week.

The mineral-rich country, wracked by ethnic and religious conflict since 2013, has been subject to a UN Security Council arms and ammunition embargo for the past five years.

Speaking on a podium in Bangui's central Place des Martyrs, Prime Minister Mathieu Simplice Sarandji said: "This is a lock that deserves to be opened, this is an embargo which strikes our defence and security forces."

"The government respects the embargo while armed groups receive weapons! The people of Central African Republic can not understand this law of double standards," he said to cheers from the crowds in the capital.

The UN Security Council will on Thursday decide whether to renew the embargo, which bans weapon supplies to the country unless approved by a UN sanctions committee.

The authorities in Bangui have repeatedly called on the UN to lift the embargo.

The sanctions are aimed at ensuring imported weapons do not end up in the hands of militias in the corruption-prone country.

The committee has previously approved shipments of weapons from France and Russia but Chinese weapons deliveries have been blocked.

A UN report last year said "the recent acquisition of arms by the government has prompted factions" of militias to rearm.

Several protesters on Monday blamed UN Security Council member France for maintaining the embargo.

"We have soldiers who no longer work because of the embargo. It's because of France," said demonstrator Pierre.

"Only the army can ensure the security of CAR. We want Central African Republic to regain its sovereignty, we want the total lifting of the embargo," said another protester, Fiacre.

One of the world's poorest nations, Central African Republic has struggled to recover from a 2013 civil war that erupted when President Francois Bozize, a Christian, was overthrown by mainly Muslim Seleka rebels.

In response, Christians, who account for about 80 percent of the population, organised vigilante units dubbed "anti-Balaka" in reference to the balaka machetes used by Seleka rebels.

Thousands of people have died in the violence, 700,000 been internally displaced and another 570,000 have fled abroad.
28/01/2019 12:17 PM
ProfitableStocksOnly Central African Republic Peace Talks 'Going Well' - Sudan Observer

https://www.urdupoint.com/en/world/central-african-republic-peace-talks-going-w-542163.html

KHARTOUM (UrduPoint News / Sputnik - 28th January, 2019) Talks in Khartoum to hammer out a peace deal between the government of Central African Republic and numerous armed groups are progressing, a Sudanese observer told Sputnik on Monday.

The African Union-brokered negotiations have been on since last Thursday. They are observed by the UN, Sudan, Gabon, Chad, Equatorial Guinea, and Congo.

"The talks are going well ... The African Union has listened to them [sides] and put forth its first document with proposals for different parties," Ata Al-Mannan, a state minister with the Sudanese Foreign Ministry, said to Sputnik.

The minister said observers were sifting through the union's recommendations, which will lay the groundwork for the future arrangement between all stakeholders in Central African Republic.

The landlocked country has been suffering from a drawn-out conflict since a coup in 2013. Much of the fighting in recent years has been between Muslim-majority Seleka and Christian Anti-Balaka militias.

The government has sent a delegation of senior ministers to Khartoum, led by the president's chief of staff, Firmin Ngrebada. Delegates from 14 armed militias are attending, as are religious leaders, human rights advocates and other civil society figures.
28/01/2019 5:20 PM
ProfitableStocksOnly UN set to move toward easing Central African Republic arms embargo

https://thedefensepost.com/2019/01/30/un-ease-central-african-republic-arms-embargo/

JANUARY 30, 2019 3 MINUTES READ

The United Nations Security Council is set to open the door to an easing of the arms embargo on the Central African Republic, five years after the country stood on the verge of genocide.

The government has repeatedly called for the restrictions to be lifted to allow arms supplies to shore up its security forces fighting militias that control much of the country. Prime Minister Mathieu Simplice Sarandji led a rally of around 3,000 people on Monday calling for the arms embargo to be lifted.

The Security Council will vote on Thursday on a French-drafted resolution that calls for a review of the arms embargo by September if the Bangui government meets benchmarks in managing weapons, disarming militias and reforming its security sector, according to the text seen by AFP on Wednesday, January 30.

The draft resolution would renew the embargo until January 2020 but open the door to a partial lifting that would allow the government to purchase weapons without seeking approval from the U.N. sanctions committee.

U.N. Secretary-General Antonio Guterres will submit a report by the end of July on whether the government has met the benchmarks after CAR presents its own findings by June 30.

Diplomats said Wednesday they expect the measure to be adopted.

“We think it’s a good idea to have a review of the embargo,” Russian Ambassador Vassily Nebenzia told AFP.

Russia has stepped up its presence in the Central African Republic, training troops, brokering peace talks with militias, and providing security and advice to President Faustin-Archange Touadera, sparking tensions with France, the former colonial power.

In August, Russia signed a military cooperation agreement with CAR offering the possibility for Central African officers and NCOs to be trained in Russian military schools.

The European Union also trains Central African military personnel. In July, the bloc extended EUTM-RCA until 2020, pledging €25 million ($29 million) to help reform the country’s defense sector. The scope of the mission was also modified to give strategic advice to the president’s cabinet, interior ministry and police, as well as the military.

The U.N. sanctions committee has previously approved shipments of weapons. In December, France handed over 1,400 AK-47 assault rifles and three amphibious vehicles to the Central African Republic to shore up its beleaguered armed forces, and in 2017, the embargo was lifted to allow delivery of 1,700 Russian weapons for FACa.

France, Belgium, China and the U.S. have all recently supplied equipment for CAR’s military, but that equipment is understood not to include weaponry.

In June, France, the U.S. and the United Kingdom put a hold on a request from Central African Republic for U.N. Security Council approval of weapons shipments from China.

Parfait Onanga-Anyanga, the outgoing U.N. special envoy to the CAR, said in September that the need for weapons was “undeniable” as the Central African Republic government builds its armed forces, but urged transparency in the flow of arms.

“China, but also the United States, have proposed new quantities of weapons,” Onanga-Anyanga said. “It’s for a good reason.”

Russia’s Ambassador to CAR Sergey Lebanov said earlier in September that a second shipment of Russian arms and ammunition was “in preparation,” and would be delivered once approved by the Security Council.

Averting genocide
The U.N. arms embargo was imposed in 2013 when the country descended into violence after President Francois Bozize, a Christian, was overthrown by mainly Muslim Seleka rebels.

At the height of the bloodshed in 2013, France warned that the country was on the verge of a genocide with reports of atrocities committed by roaming militias.

In 2017, a similar warning came from then-U.N. aid chief Stephen O’Brien.

The vote at the council comes as the latest round of peace talks between the government and armed militias stumbled in Khartoum over demands for an amnesty for rebels.

It is the the eighth bid in six years to agree a lasting peace. The last attempt, in 2017, was forged with the help of the Catholic Church, but fighting resumed within a day, leaving 100 dead.

The Sudan-hosted talks which opened last week are expected to continue for up to three weeks.

The draft resolution also renews the mandate of a panel of experts who reported to the council last month that fighters of the former Seleka alliance had received fresh weapons supplies from traffickers in Sudan.

The militia groups are re-arming to counter the deployment of the newly trained and equipped government troops to their areas of influence, the panel’s report said.

Despite reserves of diamonds, gold, uranium, copper and iron, Central African Republic remains one of the world’s poorest countries.

Fighting broke out between the Sel
30/01/2019 6:00 PM
ProfitableStocksOnly CENTRAL AFRICA: THE PRESIDENT OF THE REPUBLIC RECEIVED HE MR CHEN DONG, AMBASSADOR OF THE PEOPLE'S REPUBLIC OF CHINA.

http://lepotentielcentrafricain.com/?p=5381&fbclid=IwAR1-aRbxv8wLUIat0SOL2n6bX_pSVWbdbxb1aAkbZ6Bgst0O7ZGFh7BbcGk

Bangui, Jan. 31, 19

The President of the Republic, His Excellency Faustin Archange Touadera received in audience early in the afternoon of January 29, 2019, His Excellency Chen Dong, Ambassador Extraordinary and Penitentiary of the People's Republic of China near the Central African Republic.

The strengthening of bilateral cooperation between China and the Central African Republic was at the center of this meeting.
Returning from China, His Excellency Chen Dong is carrying a message from the Chinese Government to His Excellency Faustin Archange Touadera.
For the Chinese diplomat, this meeting with President Touadera made it possible to take stock of the various activities carried out in the Central African Republic in the framework of bilateral cooperation for the year 2018 as well as the projects on the agenda of the year 2019.

The Chinese diplomat Chen Dong also said that during the China-Africa summit in Beijing, President Touadera has sought multiform support of China. These supports, he says, concern the education, agriculture and security sector. This meeting with President Touadera was an opportunity to plan the implementation of these various projects during this year.
31/01/2019 10:02 AM
ProfitableStocksOnly Three Big Articles This Week: Peace Deal Signed, Embargo Update, Gold Demand Increasing Significantly

CAR Peace Deal: https://www.reuters.com/article/us-centralafrica-peace/central-african-republic-reaches-peace-deal-with-armed-groups-u-n-idUSKCN1PR0HI?feedType=RSS&feedName=worldNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FworldNews+%28Reuters+World+News%29&&rpc=401

Embargo Update: https://www.washingtonpost.com/world/africa/un-extends-central-african-republic-arms-embargo/2019/01/31/21dcf96e-25b1-11e9-b5b4-1d18dfb7b084_story.html?noredirect=on&utm_term=.375eb04ec803

Gold Demand For 2018: https://www.bloomberg.com/news/articles/2019-01-31/gold-demand-up-amid-biggest-central-bank-buying-spree-in-decades
02/02/2019 12:07 PM
ProfitableStocksOnly Teranga Gold finally updated their website, along with some maps. This one shows all the AXM royalty claims and permits very well: https://www.terangagold.com/exploration/senegal/regional-land-package/default.aspx

Keep in mind that every area in Sounkounku and Bransan Lot-B has a 1.5% NSR for AXM. If you look at the 2017 43-101, there has been around 80,000m total of drilling, along with bulk sampling and work done on all the targets, more so on the stuff close to Gora.

Targets 7,11,13,19,52 are all within 5km of Gora and with the infrastructure already there, makes sense to put them into production.
03/02/2019 3:29 PM
ProfitableStocksOnly Peace Deal Officially Signed By CAR Government & Rebel Groups

https://abcnews.go.com/beta-story-container/International/wireStory/central-african-republic-rebel-groups-initial-peace-deal-60849833

Central African Republic, rebel groups initial a peace deal
Central African Republic, 14 rebel groups initial a peace deal after 5 years of fighting
By
The Associated Press
CAIRO — 2h ago
Central African Republic's government has initialed a peace deal with 14 armed groups following more than a week of talks in Sudan's capital.

President Faustin Archange Touadera is attending Tuesday's ceremony in Khartoum along with his Sudanese counterpart, Omar al-Bashir, and a representative of the African Union.

The agreement represents rare hope for the impoverished, landlocked nation where religious and communal fighting has continued since 2013. Thousands of people have been killed and hundreds of thousands displaced.

Details of the peace deal have not been announced, but Sudan's state media have reported that it focuses on power-sharing and transitional justice.

The United Nations has warned that the fighting in Central African Republic has carried a high risk of genocide. Scores of mosques have been burned. Religious leaders have been killed.
05/02/2019 9:56 AM
ProfitableStocksOnly Russia To Monitor Implementation Of Peace Deal In CAR - Ex-Seleka Leader

https://www.urdupoint.com/en/world/russia-to-monitor-implementation-of-peace-dea-546450.html

Russia To Monitor Implementation Of Peace Deal In CAR - Ex-Seleka Leader

Sumaira FH 5 hours ago Tue 05th February 2019 | 07:58 PM


Russia to Monitor Implementation of Peace Deal in CAR - Ex-Seleka Leader
Noureddine Adam, leader of a faction from the former Seleka - the Popular Front for the Renaissance of the Central African Republic (FPRC) - told Sputnik Tuesday that Russia would monitor the implementation of the peace deal between the Central African Republic's (CAR) authorities and armed groups
KHARTOUM (UrduPoint News / Sputnik - 05th February, 2019) Noureddine Adam, leader of a faction from the former Seleka - the Popular Front for the Renaissance of the Central African Republic (FPRC) - told Sputnik Tuesday that Russia would monitor the implementation of the peace deal between the Central African Republic's (CAR) authorities and armed groups.


The CAR president and armed groups earlier in the day initialed the peace deal between government representatives and 14 armed groups at talks in Khartoum.

"Russia will monitor the implementation of the agreement and will support the agreement's guarantor states," Adam said.

He said the agreement included the formation of a united army and security forces.
05/02/2019 3:10 PM
ProfitableStocksOnly For those looking for reliable up to date information about the CAR government, projects, info, etc, have a look at www.gouv.cf. It's in French, so you'll have to translate it via Chrome auto translate(or whatever browse you use) but there are tons and tons of projects going on that we don't even know about. Many of them are based around Chinese deals which bodes well for Axmin since we are majority Chinese owned. Below are some recent examples:

CEREMONY OF THE SIGNATURE OF AN ACT OF COMMITMENT TO THE REALIZATION OF THE BOALI2 FALL WORKS MARKET BETWEEN THE GOVERNMENT AND THE CGGC GROUP - http://gouv.cf/actualite/112/ceremonie-de-la-signature-dun-acte-dengagement-de-realisation-du-marche-des-travaux

CHINA CHINA COMMUNICATIONS CONSTRUCTION COMPANY LTD (CCCC) AND THE NATIONAL MATERIALS BOARD (NOM) SIGN PARTNERSHIP AGREEMENT - https://www.gouv.cf/actualite/111/le-groupe-chinois-china-communications-construction-company-ltd-cccc-et-loffice

THE CENTRAL AFRICAN AND CHINESE GOVERNMENT SIGN A DONATION AGREEMENT OF 2 BILLION FCFA OF HEALTH EQUIPMENT FOR THE HOSPITAL OF FRIENDSHIP - https://www.gouv.cf/actualite/70/le-gouvernement-centrafricain-et-chinois-signent-une-convention-de-don-2-milliards-de

LAUNCH OF THE PROMOTION PROJECT FOR SMALL MODERN HYDROELECTRIC PLANTS IN THE CENTRAL AFRICAN REPUBLIC - https://www.gouv.cf/actualite/69/lancement-du-projet-de-promotion-des-petites-centrales-hydroelectriques-modernes-en
06/02/2019 2:40 PM
ProfitableStocksOnly Details from Central African Republic rebel deal released

https://wtop.com/africa/2019/02/details-from-central-african-republic-rebel-deal-released/

BANGUI, Central African Republic (AP) — An agreement signed by Central African Republic and 14 rebel groups earlier this week will see the dissolution of armed groups, the formation of an inclusive government and the creation of a fund for victims who have suffered in years of conflict, according to the accord seen Friday.



The deal signed Wednesday is the eighth since the fighting began in 2013 but the first to emerge from direct dialogue. The 30-page peace pact, negotiated in Sudan and titled the Political Accord for Peace and Reconciliation, evokes four main points: victims, justice, peace and national reconciliation.



The agreement says that armed groups will undertake to respect the legitimacy of the country’s institutions, and to renounce the use of arms and violence against the defense and security forces, U.N. personnel and humanitarian workers.



They also agree to refrain from any act of destruction, occupation of public buildings, place of worship and violence against the civilian population, as well as acts of sexual or gender-based violence.

In exchange, armed groups are able to create political parties.



The government, meanwhile, will monitor the agreement and analyze the reintegration of the leaders of armed groups who formerly served as civil servants or military.



The government is also committed to set up a Truth, Justice, Reparation and Reconciliation Commission within 90 days, cutting short the idea of amnesty long negotiated by armed group leaders.



The signatories also undertake to set up mixed security units that will include elements of the defense and security forces as well as ex-combatants after training.



This means that armed groups will dissolve their movement and help facilitate the return of the authority of the state and to participate in disarmament, demobilization, reintegration and repatriation within two months.



Armed groups currently control around 80 percent of Central African Republic, and President Faustin Archange Touadera, in power since 2016, has struggled to stabilize the country as armed groups compete over lands rich in gold, diamonds and uranium.



The major conflict in Central African Republic began in 2013 when predominantly Muslim Seleka rebels seized power in Bangui. Largely Christian anti-Balaka militias fought back. Rebels continue to carry out deadly attacks on displaced people’s camps and other communities.



The African Union, which oversaw the negotiations that began on Jan. 24 in Khartoum, has expressed optimism about the agreement.
08/02/2019 7:28 PM
ProfitableStocksOnly The original 43-101 from 2011 was added back to Axmin's website this week, along with a post from their Facebook page which reads:

We have been asked to provide the original NI 43-101 study that was done so we provide the link here. Please note that this may change as when we get back on site, we will conduct a site survey and as per our January press release will most probably take a phased approach with a strategic partner to bring the CAR asset into rapid production, subject to and with the approval of the duly elected government of the CAR. http://axmininc.com/Presentations.php

https://www.facebook.com/pg/axmininc/posts/?ref=page_internal

http://axmininc.com/Presentations.php?fbclid=IwAR1SdVFj5u7ZpV5eiLlF_T7_MixEcfGXJuiPLfzt5ZBIBo3OfOIwbH7-vBU
09/02/2019 1:36 PM
ProfitableStocksOnly Five new articles out today about the Central African Republic:

Central African Republic: Central African Ambassador - Peace Agreement Has Ended War - https://allafrica.com/stories/201902110217.html

Youtube Video(Feb.11) The people seeking peace after conflict in the Central African Republic - https://www.youtube.com/watch?v=0cVWHYbdjFA

Central African Republic seeks support from Bangladesh for military training - http://www.unb.com.bd/category/Bangladesh/central-african-republic-seeks-support-from-bangladesh-for-military-training/12456

African Union's Commissioner Says CAR Deal Unprecedented, Will Hopefully Promote Peace - https://www.urdupoint.com/en/world/african-unions-commissioner-says-car-deal-un-549752.html

AU Commissioner Thanks Russia For Helping Get CAR Peace Deal Parties To Negotiating Table - https://www.urdupoint.com/en/world/au-commissioner-thanks-russia-for-helping-get-549808.html
11/02/2019 10:19 AM
ProfitableStocksOnly The Government of the Central African Republic (CAR) Announces a Peace Agreement with Armed Groups

Vancouver, British Columbia--(Newsfile Corp. -February 12, 2019) - AXMIN Inc.(TSXV: AXM) ("AXMIN" or the "Company") notes the following news release.

OnSaturday February 2, 2019 the Government of the CAR announced on social media that an agreement for peace had been made at the talks taking place in Khartoum. The Government stated that the agreement would be initialed on Sunday February 3, 2019 and thereafter it was signed in Bangui onFebruary 6th.

The agreement comes after discussions that were facilitated in Khartoum by the African Union and the Untied Nations with assistance from Russia. The key points of this agreement are:
An immediate cessation of violence by the armed groups against defense and security forces, UN personnel, humanitarian workers and the general population.
The armed groups will respect the legitimacy of the CAR's institutions and will disband.
The Government will analyse the reintegration of the leaders of the armed groups who previously served as civil servants or in the military.
The Government will set up a Truth, Justice, Reparation and Reconciliation Commission within 90 days.
The parties to the agreement will undertake to set up mixed security units that will include both the defense and security forces as well as former members of the armed groups.
A Prime Minister will be appointed drawn from a representative of the former armed groups.
The former armed groups will have the right to start political parties without hindrance.
Ambassador Smail Chergui, the African Union Commissioner for Peace and Security stated on social media:

… I am humbled to announce that with the exemplary cooperation I received from both the Government of the CAR(@GouvCF) and the 14 armed groups, we have secured a#peaceagreementtodayin the interest of the people of#CAR.

Separately onThursday January 31, 2019 the United Nations Security Council voted unanimously on a resolution drafted by France that provides for a road map to lift the arms embargo on the CAR. This resolution states that the Council will establish requisite benchmarks byApril 30, 2019 and will assess progress on these benchmarks byJuly 31, 2019. The Council will then review the arms embargo measures bySeptember 30,2019.

The resolution welcomes 'the significant efforts made by the CAR authorities' to advance security sector reform, including by developing a national defense plan and national security policy. This resolution acknowledged 'the urgent need for the CAR authorities to train and equip their defense and security forces to be able to respond proportionately to threats to the security of all citizens in the CAR.' The Council stated that it had granted several exemptions to allow shipments of weapons from France, Russia, China, the United States and Belgium for the CAR's army.

AXMIN's Chairman and CEO Lucy Yan stated:

AXMIN is delighted to hear that a peace agreement has been reached in Khartoum and hope that this agreement will be honored and bring security and stability to the CAR. The Company believes that the combination of the agreement together with the eventual lifting of the arms embargo should provide both the framework for stability and also the effective method of enforcement by equipping and deploying the military forces of the Government of the CAR. We look forward to being back on site and working on developing the Passendro asset as soon as conditions allow in the near future.

A further press release regarding the security situation in Ndassima, the location of the Company's Passendro asset, will be made when appropriate to do so.

About AXMIN

AXMIN is a Canadian exploration and development company with a strong focus on the African continent. AXMIN continues to closely monitor the political situation at its Passendro Gold Project in the Central African Republic. For more information regarding AXMIN visit our website atwww.axmininc.com. Please also follow us on Facebook.https://www.facebook.com/axmininc

For additional information, please contact AXMIN Inc.:

Lucy Yan
Chairman and CEO
ceo@axmininc.com
AXMIN Inc.

General Enquiries
David de Jongh Weill
Chief Financial Officer and Corporate Secretary
david@axmininc.com
+65 9781 8281

Investor Relations
ir@axmininc.com
www.axmininc.com
12/02/2019 9:08 AM
ProfitableStocksOnly The Government of the Central African Republic (CAR) Announces a Peace Agreement with Armed Groups

Vancouver, British Columbia--(Newsfile Corp. -February 12, 2019) - AXMIN Inc.(TSXV: AXM) ("AXMIN" or the "Company") notes the following news release.

OnSaturday February 2, 2019 the Government of the CAR announced on social media that an agreement for peace had been made at the talks taking place in Khartoum. The Government stated that the agreement would be initialed on Sunday February 3, 2019 and thereafter it was signed in Bangui onFebruary 6th.

The agreement comes after discussions that were facilitated in Khartoum by the African Union and the Untied Nations with assistance from Russia. The key points of this agreement are:
An immediate cessation of violence by the armed groups against defense and security forces, UN personnel, humanitarian workers and the general population.
The armed groups will respect the legitimacy of the CAR's institutions and will disband.
The Government will analyse the reintegration of the leaders of the armed groups who previously served as civil servants or in the military.
The Government will set up a Truth, Justice, Reparation and Reconciliation Commission within 90 days.
The parties to the agreement will undertake to set up mixed security units that will include both the defense and security forces as well as former members of the armed groups.
A Prime Minister will be appointed drawn from a representative of the former armed groups.
The former armed groups will have the right to start political parties without hindrance.
Ambassador Smail Chergui, the African Union Commissioner for Peace and Security stated on social media:

… I am humbled to announce that with the exemplary cooperation I received from both the Government of the CAR(@GouvCF) and the 14 armed groups, we have secured a#peaceagreementtodayin the interest of the people of#CAR.

Separately onThursday January 31, 2019 the United Nations Security Council voted unanimously on a resolution drafted by France that provides for a road map to lift the arms embargo on the CAR. This resolution states that the Council will establish requisite benchmarks byApril 30, 2019 and will assess progress on these benchmarks byJuly 31, 2019. The Council will then review the arms embargo measures bySeptember 30,2019.

The resolution welcomes 'the significant efforts made by the CAR authorities' to advance security sector reform, including by developing a national defense plan and national security policy. This resolution acknowledged 'the urgent need for the CAR authorities to train and equip their defense and security forces to be able to respond proportionately to threats to the security of all citizens in the CAR.' The Council stated that it had granted several exemptions to allow shipments of weapons from France, Russia, China, the United States and Belgium for the CAR's army.

AXMIN's Chairman and CEO Lucy Yan stated:

AXMIN is delighted to hear that a peace agreement has been reached in Khartoum and hope that this agreement will be honored and bring security and stability to the CAR. The Company believes that the combination of the agreement together with the eventual lifting of the arms embargo should provide both the framework for stability and also the effective method of enforcement by equipping and deploying the military forces of the Government of the CAR. We look forward to being back on site and working on developing the Passendro asset as soon as conditions allow in the near future.

A further press release regarding the security situation in Ndassima, the location of the Company's Passendro asset, will be made when appropriate to do so.

About AXMIN

AXMIN is a Canadian exploration and development company with a strong focus on the African continent. AXMIN continues to closely monitor the political situation at its Passendro Gold Project in the Central African Republic. For more information regarding AXMIN visit our website atwww.axmininc.com. Please also follow us on Facebook.https://www.facebook.com/axmininc

For additional information, please contact AXMIN Inc.:

Lucy Yan
Chairman and CEO
ceo@axmininc.com
AXMIN Inc.

General Enquiries
David de Jongh Weill
Chief Financial Officer and Corporate Secretary
david@axmininc.com
+65 9781 8281

Investor Relations
ir@axmininc.com
www.axmininc.com
12/02/2019 9:09 AM
ProfitableStocksOnly https://www.businessincameroon.com/wood/1802-8858-the-port-of-kribi-becomes-main-wood-export-channel-to-car

https://www.bollore-ports.com/en/worldwide-network/africa/port-of-kribi-cameroon.html

The Port of Kribi becomes main wood export channel to CAR

(Business in Cameroon) - Timber export conditions at the port of Douala, Cameroon’s economic capital, have been improving since the beginning of the year, the International Tropical Timber Organization (ITTO) noted.



However, despite this upturn which is the result of a slowdown in Chinese demand, ITTO said, some timber exporters now ship cargoes through the deep-water port of Kribi, commissioned in March 2018 in the southern region.



In a memo covering the period Feb.1-15, 2019, ITTO revealed that despite the improvement situation at the port of Douala, “exporters of sawn timber and logs to the Central African Republic shipped their cargoes through the port of Kribi”.



“It is logical that part of the traffic from the port of Douala should be redirected to the port of Kribi. This will allow to ease traffic,” Patrice Melom, MD of the autonomous port of Kribi (PAK), said at the end of a seminar held April 19-20, 2018 with players of the timber sector to discuss ways to carry out export activities within the Kribi port platform.



Wood exports at the Kibri port are carried out by Kribi Containers Terminal (KCT), a company controlled by the Franco-Chinese consortium Bolloré-CHEC-CMA CGM in partnership with the Chinese shipowner Cosco.

Brice R. Mbodiam
18/02/2019 2:16 PM
ProfitableStocksOnly Good to see NAI finally putting out articles about AXM on QQ:

https://mp.weixin.qq.com/s/hXE1fv5B2UIeJGOxTKduJQ

Translated to English:

This junior gold stock rose 60% in 2019!
From Wendy Zhang NAI500Yesterday


In the article on why pennies should be included in your portfolio , we have mentioned that junior mining companies are a very important category, although most of the junior mining companies’ stocks are in a state of low trading and price all the year round, but grasp At several specific points in time, investing in junior mining companies can still quickly achieve ultra-high returns, which is unmatched by other types of stocks.

In the current trend of resource market, many companies are expected to rise, especially as gold prices are optimistic, gold mining stocks are worth looking forward to.

Recently, Toronto-based gold primary exploration company AXMIN (TSXV: AXM ) stocks are amazing (with photos), doubling the gains in four trading days, bringing investors a gratifying return.

Stock price trend (January 22, 2019 - February 19, 2019)



AXMIN is principally engaged in the exploration and development of gold projects located in Africa. In fact, in the past 2018, the company's share price has been launched from the bottom, and the stock price has nearly doubled in the whole year. That is to say, if an investor holds AXMIN stock in early 2018, its assets have been turned over. Ten times, this is an impossible income for ordinary stock investment.



Moreover, all of this happened when the company's news was relatively calm, indicating that the source of the increase was not the company's public relations hype, but the changes in the relevant environment and the improvement of the company's own cash flow.



In the interview, David Weill, the company's chief financial officer, mentioned three main factors driving the stock price increase: First, benefit from the flow of royalties generated by the company's Gora deposit jointly developed by Teranga Gold (TSX:TGZ) in Senegal, the company's The cash flow is excellent and the profit of the accounting accounts is realized. The company also has 17 potential deposits developed with Teranga that are expected to generate more revenue for the company.

The second factor is that the geopolitical situation in the Central African Republic is improving. AXMIN's main asset is the Passendro Gold Project, located in the Central African Republic, where AXMIN acquired a 25-year mining permit area (355 square kilometers) in August 2010. At the same time, the company also obtained two three-year, renewable exploration licenses: Bambari 1 and 2 (1,240 square kilometers), which surround the mining permit area and cover a 90-kilometer trend along the vast expanse of the Bambari Greenstone Belt. With ..... [unfinished]



For the wonderful original content, please click "Read the original"
20/02/2019 9:46 AM
ProfitableStocksOnly Axmin Receives $300K Royalty Payment From Teranga Gold

TGZ numbers are out. I estimated they would be getting around $300k for the quarter. Teranga still owes around $600-700K in payments which will likely paid over the next two quarters. Given Axmin's strict costs, the company should earn around $140-150K USD net profit for Q4 2018 and over $1 million USD for 2019. Again we are waiting for CAR to get going, but Senegal is a nice added bonus in the meantime. Plus we could be working on new targets right now given that Gora mining is completed and there are advanced stage targets within 1-3km's.

TGZ Year End - Feb 2019
AXM Year End - Apr 2019 (Books will be cleaned as per October 2018)

TGZ Q1 2019 - Apr 2019
AXM Q1 2019 - May 2019

TGZ Q2 2019 - Jul 2019
AXM Q2 2019 - Aug 2019

Another note, for any new possible targets on the 337km2 lease, Axmin still owns a 20% interest. However the 17 targets currently identified, the company has a 1.5% NSR.

From page 36 of TGZ year end results:

The joint venture partner of the exploration permit has elected a 1.5 percent net smelter royalty on all currently identified targets within the original Sounkounkou permit and including the Gora project in exchange for its fully participatory 20 percent interest. The joint venture partner retains a 20 percent participatory right for any new exploration targets identified or to elect the royalty.
22/02/2019 9:44 AM
ProfitableStocksOnly TGZ numbers are out. I estimated they would be getting around $300k for the quarter. Teranga still owes around $600-700K in payments which will likely paid over the next two quarters. Given Axmin's strict costs, the company should earn around $140-150K USD net profit for Q4 2018 and over $1 million USD for 2019. Again we are waiting for CAR to get going, but Senegal is a nice added bonus in the meantime. Plus we could be working on new targets right now given that Gora mining is completed and there are advanced stage targets within 1-3km's.

TGZ Year End - Feb 2019
AXM Year End - Apr 2019 (Books will be cleaned as per October 2018)

TGZ Q1 2019 - Apr 2019
AXM Q1 2019 - May 2019

TGZ Q2 2019 - Jul 2019
AXM Q2 2019 - Aug 2019

Another note, for any new possible targets on the 337km2 lease, Axmin still owns a 20% interest. However the 17 targets currently identified, the company has a 1.5% NSR.

From page 36 of TGZ year end results:

The joint venture partner of the exploration permit has elected a 1.5 percent net smelter royalty on all currently identified targets within the original Sounkounkou permit and including the Gora project in exchange for its fully participatory 20 percent interest. The joint venture partner retains a 20 percent participatory right for any new exploration targets identified or to elect the royalty.
22/02/2019 10:29 AM
ProfitableStocksOnly CAR Gov't, Armed Groups Commit To Ending Recruitment In Armed Formations Under Peace Deal

https://www.urdupoint.com/en/world/car-govt-armed-groups-commit-to-ending-recr-558895.html

KHARTOUM (UrduPoint News / Sputnik - 24th February, 2019) The government of the Central African Republic (CAR) and armed formations, which have recently signed a peace deal to end the armed conflict in the country, have pledged to refrain from recruiting people, in particular minors and foreigners, into armed formations, according to the text of the agreement seen by Sputnik on Sunday.

"The parties reaffirm their commitments to ... immediately put an end to all forms of recruitment, including that of children and foreigners, into armed groups," the text said.

The parties also agreed to give up illegal exploitation of natural resources and illicit traffic of arms and munitions, and committed to not hindering the free circulation of people and goods and the deliveries of humanitarian aid.

The long-sought peace accord was signed in the CAR capital of Bangui in early February.
24/02/2019 8:09 PM
ProfitableStocksOnly Axmin Inc Has Been Added To CAR Government Mining Site

https://mines.gouv.cf/page/32/les-projets]https://mines.gouv.cf/page/32/les-projets

https://mines.gouv.cf/projet/78/projet-or-axmin-inc-rca]https://mines.gouv.cf/projet/78/projet-or-axmin-inc-rca

Translated from French to English:

AXMIN GOLD PROJECT INC.-RCA

Axmin Inc. is a Canadian company operating in the gold sector in the Central African Republic for an industrial mine.

Gold exploration and exploitation object

• Legal basis
Convention signed on 27/01/2006 with the Central African State for a period of 25 years.
License to mine the Passendro Gold Mine: Somio Toungou (357km²) awarded by Decree No. 10.231 of August 05, 2010.
Research Permit: Bambari 1 & 2 (913km²) awarded by Decree No. 10.233 of August 07, 2010, of which objective is to increase the resources and extend the duration of mine operation.

• Location: Prefecture of OUAKA (Bambari)

• Work done
Somio Toungou - Feasibility studies completed but need for a re-evaluation of the resources at the restart of the project.
Aurafrique: geophysics, drilling research (DD, RC, etc.)

• Current situation
After a suspension of activities since the year 2012 for reasons of "Force Majeure" Axmin Inc. - RCA has brought together all administrative conditions for the resumption of its activities.
She is currently waiting for deployment.

• Outlook
Construction of infrastructure for an industrial gold mine.
25/02/2019 7:49 PM
ProfitableStocksOnly Central African Republic : the appointment of the new prime minister hailed by the main representatives of rebel groups

https://africandailyvoice.com/en/2019/02/27/central-african-republic-appointment-new-prime-minister-hailed-main-representatives-rebel-groups/

2019-02-27 Central African Republic, POLITICS

NEWSROOM (ADV) – In accordance with the commitments made on February 6 by the Central African authorities and the main rebel groups, President Faustin Archange Touadéra on Monday (February 25th) appointed a new Prime Minister, Firmin Ngrebada. The task of the new head of government is delicate. He needs to form an inclusive government without delay.

The Political Bureau of the Popular Front for the Renaissance of the Central African Republic (FPRC) and the National Coordination of the Anti-Balaka Patriot Movement, in a joint statement obtained by ADV, welcomed the appointment of Mr. Firming Ngrenada and at the same time renewed their commitment to peace under the leadership of the President of the Republic, Mr. Faustin Archange Touadera.

The signatories of this declaration, Noureidine Adam and Maxime Mokom, on behalf of their movements, thank the President for this move which goes hand in hand with the commitments of the concluded Khartoum agreement.

The FPRC and the Anti-Balaka wish to see the new Prime Minister continue in this positive dynamic.
27/02/2019 12:00 PM
ProfitableStocksOnly Russian Instructors Trained Over 2,000 Troops, Law Enforcement Officers In CAR - https://www.urdupoint.com/en/world/russian-instructors-trained-over-2000-troops-562490.html

Support for the peace agreement in the Central African Republic: the World Bank could unlock $100 million - http://www.adiac-congo.com/content/soutien-laccord-de-paix-en-centrafrique-la-banque-mondiale-pourrait-debloquer-cent-millions

The Cameroonian group of transport "Tourist Express" is setting up soon in Central African Republic - https://africandailyvoice.com/2019/03/01/groupe-camerounais-transport-touristique-express-implante-bientot-centrafrique/

CAR Participation in MINING INDABA 2019 FORUM - https://mines.gouv.cf/mission/80/participation-de-la-delegation-du-ministere-des-mines-et-de-la-geologie-de-la-republique

- Additional info on mining forum: https://www.miningindaba.com/ehome/index.php?eventid=283869&
02/03/2019 11:41 AM
ProfitableStocksOnly New, inclusive gov't formed in C.A.R

http://www.africanews.com/2019/03/03/new-inclusive-gov-t-formed-in-car//

A new and inclusive government has been formed in the Central African Republic.

The new regime was announced on Sunday with no changes to holders of some ministries, a month after a peace deal was signed between authorities and armed groups.

The Defense, Finance, Justice, Foreign Affairs, Communication, Interior and the Economic Ministries remained unchanged.

Maxime Mokom, leader of the armed anti-balaka group has become Minister for Disarmament, De-mobilization, Re-integration and Repatriation. Souleymane Daouda, Spokesperson for the armed group, Unity for Peace in the Central African Republic is now Minister for Livestock.

Hamza Guismala, right-hand man of Noureddine Adam, leader of the armed group, Popular Front for the Renaissance of the country, is now in charge of the Development of Energy and Hydraulic Resources Ministry.

The Patriotic Movement for the Central African Republic has one of its important members, Adama Chaibou, as Minister for Modernization.

Bertin Béa, Secretary General of Kwa Na Kwa, party of former president François Bozizé, exiled in Uganda, has been appointed Minister for Public Service.

On February 6, an agreement was reached after weeks of negotiations in Khartoum, Sudan. The formation of this new government comes after the appointment of Firmin Ngrebada as Prime Minister.

The Central African Republic is struggling to recover from the conflict it has been entangled since 2013.

So far eight agreements have been signed by warring parties to try to bring the country out of the chaos.
03/03/2019 2:00 PM
ProfitableStocksOnly UNODC opens project office in Bangui, Central African Republic

http://www.unodc.org/unodc/en/frontpage/2019/March/unodc-opens-project-office-in-bangui--central-african-republic.html

Bangui, Central African Republic, 4 March 2018 - Following the "Political Agreement for Peace and Reconciliation in the Central African Republic" finalized in Khartoum and signed on 6 February by the Government of the Central African Republic and 14 armed groups, the United Nations Office on Drugs and Crime (UNODC) officially announced the opening of a project office in Bangui.

The announcement was made by the UNODC Regional Representative for West and Central Africa, Pierre Lapaque, during a visit to the Central African Republic from 19 to 22 February. He said that "urgent action is needed to maintain the momentum created by the recently concluded peace agreement" because "we cannot build a State and a nation without effective, transparent and accessible justice for all."

The UNODC office in Bangui opened in June 2018 following the signing of an agreement with the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA). This partnership between UNODC and MINUSCA aims to support the operationalization of the Special Criminal Court (SCC) in the Central African Republic.

The SCC was established by law in 2015 as a national court to judge cases of serious violations of human rights and international humanitarian law committed in the Central African Republic territory since 1 January 2003. In this context, UNODC's mandate is more specifically to assist the SCC in the development of its legal aid and victim and witness protection services.

UNODC provided input to the development of legal and regulatory instruments on both victim and witness protection as well as legal aid that have been successfully adopted. These include the Loi portant Règlement de Procédure et de Preuves (May 2018), the SCC Règlement interieur (October 2018), and the Arrete portant organisation et fonctionnement de l'Organe paritaire chargé de l'admission des candidats au Corps special d'avocats près la Cour penale spéciale (December 2018).

During his visit to the Central African Republic, the UNODC Regional Representative also met with national authorities interested in UNODC'S mandate, including the Prime Minister, and ministers of the Interior, Justice, Mines and Water and Forestry. These exchanges show a strong political will to collaborate with UNODC to combat serious crimes such as corruption, trafficking in natural resources, firearms, money-laundering, among others, that hinder peace, stability and development in the country.

The opening of the project office in the Central African Republic and UNODC's various activities in the country contribute to the development of a Regional Strategy that UNODC aims to implement in Central Africa to better respond to the interconnected challenges posed by transnational organized crime on the African continent.

It also contributes to the achievement of the Sustainable Development Goals, in particular Goal 16 on promoting peace, justice and transparent and effective institutions.
04/03/2019 12:05 PM
ProfitableStocksOnly Pope and CAR President satisfied for Framework Agreement between their states

https://www.vaticannews.va/en/africa/news/2019-03/pope-president.print.html

ope Francis on Tuesday afternoon received in private audience, the president of the Central African Republic, Mr. Faustin Archange Touadéra.
By Godfrey Kampamba

During their encounter, the Holy Father and Mr. Touadera focused their discussion on the existing good bilateral relations between the Holy See and the Central African Republic. Apart from looking at issues regarding the current situation in the country, the two leaders also expressed their satisfaction about the ratification of the Framework Agreement between the two states, underscoring the importance of the contribution of the Catholic Church in the construction of the Central African Republic, and acknowledged the role of Catholic institutions in the fields of education and healthcare.

The meeting between the pope and Mr. Touadera came just two days after the inauguration of the Bangui Pediatric Hospital, constructed with the sponsorship of Pope Francis, for which president Touadera expressed his and the gratitude of the people of his country.

Ratification of Framework Agreement between Holy See and CAR
Soon after his meeting with the pope, Mr. Touadera went on to meet with the secretary of State, Cardinal Pietro Parolin, who was accompanied by the Secretary for Relations with States, Archbishop Paul Gallagher. During this occasion, the secretary of State gave President Touadera the Instrument of the Ratification of the Framework Agreement between the Holy See and the Central African Republic. The Framework Agreement was signed on 6 September 2016 in Bangui and concerns matters of mutual interest. A communique from the Vatican later on Tuesday announced the entry into force of the Framework agreement.

Meeting with St. Egidio Community
From the Vatican, the central African Republican president visited the Sant’Egidio Community in Rome, where he was received by the founder, Prof. Andrea Riccardi, and other leaders of the Community.I have come here because this is a house of peace that has come to mean a lot for my country, said president Touadera, underlining the strong links of friendship that have united the Central African Republic and the Sant'Egidio Community, even in the darkest hours of the country.

Touadera also expressed his gratitude for the work of the Sant’Egidio Community in the cure of HIV and AIDS through a programme known as DREAM, and through which a centre has been opened to take care of the sick.

06 March 2019, 13:21
06/03/2019 12:44 PM
ProfitableStocksOnly Chinese Mining Companies Are Already Working In The Central African Republic

MEETING OF THE MINISTER OF MINES AND GEOLOGY WITH THE ACTORS OF THE MINING SECTOR

(Translated From French To English)

https://mines.gouv.cf/actualite/81/rencontre-du-ministre-des-mines-et-de-la-geologie-avec-les-acteurs-du-secteur-minier

Mon 25/02/2019 - 12:00

The Minister of Mines and Geology met the actors of the mining sector of Bozoum at the hotel of the said city. This meeting brought together the Minister, the members of the cabinet of the Ministry of Mines and Geology, the Honorable Members of the constituencies of Bozoum 1 and 2, the representative of the Chinese Society operating in the area and the artisanal miners.

This meeting gave the opportunity to the President of the Cooperative Minière de Bozoum to present in a brief way the difficulties of the mining artisans, his intervention was completed by his peers and followed by that of the deputies of Bozoum who presented the needs that they experience in the sector and their wish for a better collaboration.

Without passion, all the concerns raised were debated, the minister having brought in his staff, each in his field, to answer the questions that concern him. The Minister concluded the interventions by informing the co-operatives that all their concerns have been taken into account in a set of specifications that the Ministry has signed with the Corporation. Insisting on compliance with the terms of reference by the company, he announced the establishment in the near future of a tripartite monitoring committee (Ministry of Mines, Chinese society and representative of the population). A family photo has closed meeting to the satisfaction of all.
06/03/2019 6:03 PM
ProfitableStocksOnly United States Announces Additional Support to the FACA

https://cf.usembassy.gov/united-states-announces-additional-support-to-the-faca/?sfns=mo

BANGUI – The United States Embassy in Bangui announces the launch of an additional $3.5 million in security assistance training programs for the Central African Armed Forces (FACA). These funds for the Central African Republic (CAR) represent the next phase in the United States’ $12 million in funding to reform and redeploy the FACA.

“This tranche of equipment and training continues our investment in CAR’s security, and demonstrates our commitment to helping build a peaceful and prosperous Central African Republic. This will combine with the efforts of the government of and people of CAR to move forward on a path to peace and prosperity. This comes at a particularly important time as we are all working together to ensure effective implementation of the recently signed Khartoum accords,” Ambassador Lucy Tamlyn commented regarding the news.

The funding will provide comprehensive logistics, operations, and management training to the FACA to help maintain and grow Camp Kassai. It will also train FACA in valuable trade skills, including electrical repair, masonry, welding, plumbing, carpentry, and general mechanics. These skills will enable the FACA to maintain their own facilities, and repair their own equipment.

The UN Security Council Sanctions committee is aware of all U.S. training and equipment in full accordance with the arms embargo. The United States remains committed to abiding by the internationally approved sanctions process.

Since 2015, the United States has provided over $500 million to CAR, including $100 million in humanitarian assistance in 2018-2019 and $65 million in support to the justice, internal security, and military sectors.

The US Embassy in Bangui looks forward to continued close work with our partners in the CAR Government, in particular the Ministry of Defense, to build and strengthen a professional military force capable of responding to CAR’s security challenges.

By U.S. Embassy in Bangui | 5 March, 2019 | Topics: News, Press Releases
07/03/2019 9:17 AM
ProfitableStocksOnly Refugee's Return To Ndassima (Where AXM Has It's Gold Deposit) - Area Secured & Rebels Removed?

https://africandailyvoice.com/2019/03/14/centrafrique-retour-deplaces-observe-dans-plusieurs-villes-accord-paix-khartoum/

Central African Republic: Return of displaced people observed in several cities after Khartoum peace agreement

Bangui, Central African Republic, (ADV) - Several IDPs and refugees have been returning to their respective areas since February, following the lull after the peace agreement signed between the government and the country's armed groups.

Just one month after the signing of the peace agreement between the government and the 14 armed groups in the country, the security situation is gradually improving in the interior, favoring the return of displaced persons and refugees to their respective areas. . This return was recorded by the Office for the Coordination of Humanitarian Affairs in Central Africa (OCHA).

In the north of Paoua, more than 23,000 spontaneous returnees and 26,700 returnees were identified from 21 February to 7 March 2019, ie 4,351 households of 23,394 spontaneous returnees and 4,846 households of 26,713 returned to their respective villages. "This return is helped by the lull in the security situation. Humanitarian actors are mobilized for assistance to returnees and returnees, "reports OCHA's humanitarian bulletin.

These data are confirmed after the organization of 4 missions to monitor population movements in several villages in northern Paoua by UNHCR and humanitarian partners.

A little in the center of the country in Ndassima about 60 km north of the Bambari, 13,450 people returned to the Ndassima-Bambari axis, including 310 people in Ndassima 1,250 people in Ndassima 2, and 7,000 people or 430 households in Krandja and Djoubissi.

On the Bria IDP site, at least 2,060 people have returned to the 50,897 sites at 5 sites, a 3.88% reduction compared to February 2019 compared to December 2018. This return is also due to the lull observed in recent weeks in the region, according to humanitarian actors.

In the western zone, notably in Boukolo, 45 km from Berberati on the Gamboula road, the population welcomes daily the return of Fulani refugees to Cameroon. The presence of a hundred breeders in these regions testifies to the cohabitation between the communities.

These returns are also observed in Bakouma and Alindao, two cities that were affected by the violence towards the end of 2018. The return allowed the reopening of 70% of the schools. Of the 46 schools, 32 are operational and 30% or 9 schools are currently occupied by armed groups.

Although aid workers have observed the return to several cities, the management of transhumance remains a source of tension in Bocaranga and Ngaoundaye in the north of the country. At least 896 hectares of fields have been devastated by livestock in these areas. "1,200 households lost their fields because of transhumance, given that 73% of these households have only their fields as their source of income, while 27% of these households have spontaneous returns," commented one humanitarian actor.

The lull observed in recent weeks after the signing of the peace agreement between the government and the armed groups remains fragile, given the challenge of the new government following the Khartoum dialogue by some armed groups who demand more space in this inclusive government.
14/03/2019 11:57 AM
ProfitableStocksOnly Monday Talks On CAR Peace Process To Tackle Formation Of Gov't, Security - AU Commissioner
https://www.urdupoint.com/en/world/monday-talks-on-car-peace-process-to-tackle-f-572064.html

MOSCOW (UrduPoint News / Sputnik - 16th March, 2019) The upcoming consultation meeting on the peace process in the Central African Republic (CAR) will address outstanding concerns about government formation and security arrangements, Smail Chergui, the African Union (AU)'s peace and security commissioner, told Sputnik on Saturday.

The AU-organized meeting will be held in the Ethiopian capital of Addis Ababa on Monday. It is expected to follow up on the progress that has been made since the car government and 14 armed groups signed a peace agreement in early February.

"As you know, some movements raised the issue of the formation of the government ... This meeting really is to get stock, one month after we sign the agreement, of where we are and also address these issues and also take additional measures in implementing other articles, mainly those relating to the security arrangements in terms of deploying the security unit on the ground, and so on," Chergui said.

The commissioner added that the implementation of this agreement on CAR peace settlement appeared to be more successful than of the previous agreements.

"I think it's more or less ... positive way that we are dealing with the matter this time compared to the former agreements," Chergui said.

He added that the meeting would last for as long as necessary.

"Whatever is needed. We are starting on Monday, March 18, and [the meeting will] certainly [continue on] Tuesday, March 19, and hopefully we can address all the matters," Chergui said.

The Central African Republic has been suffering from a drawn-out conflict since a coup in 2013. Much of the fighting in recent years has been between Muslim-majority Seleka and Christian Anti-Balaka militias.
16/03/2019 11:25 AM
ProfitableStocksOnly Bogdanov Discusses Moscow's Assistance In CAR's Development In Bangui - Foreign Ministry

https://www.urdupoint.com/en/world/bogdanov-discusses-moscows-assistance-in-car-572588.html

Faizan Hashmi 3 hours ago Sun 17th March 2019 | 05:20 PM

MOSCOW (UrduPoint News / Sputnik - 17th March, 2019) Russian Deputy Foreign Minister Mikhail Bogdanov has visited the Central African Republic (CAR) to discuss bilateral cooperation and Russia's assistance in boosting the republic's security and development with the country's leadership, the Foreign Ministry said on Sunday.

During his visit to CAR's capital of Bangui on Saturday, Bogdanov held meetings with President Faustin-Archange Touadera and the country's top diplomat, Samuel Rangba.

"A substantial discussion of topical issues related to the Russian-Central African relations and the prospects of further expansion of mutually beneficial cooperation, including Bangui's interest in Russia's assistance in CAR's socioeconomic development, the training of national personnel, enhancement of security and stability in this friendly African country, has taken place," the ministry said in a statement, published on its official website.

The Russian deputy foreign minister also reiterated Moscow's readiness to help promote the implementation of the 2018 Khartoum Declaration on the establishment of peace and security in the Central African Republic and the peace deal that was signed between the car government and armed formations in early February to end the armed conflict in the country.

In recent years, CAR has been struggling with the conflict between the Muslim-majority armed group Seleka and primarily Christian Anti-balaka militia. In August 2018, the armed groups signed a declaration of understanding as a result of Russia-brokered talks in the Sudanese capital, which was followed by a peace deal between the government and over a dozen armed formations, inked on February 6.
17/03/2019 1:27 PM
ProfitableStocksOnly CENTRAL AFRICAN REPUBLIC REACHES DEAL ON NEW GOVT: AFRICAN UNION

https://www.justiceinfo.net/en/live-feed/40657-central-african-republic-reaches-deal-on-new-govt-african-union.html?fbclid=IwAR3wDgUPXgSHTdyruU2SSCXEDLlQLMKiJzoz9W24OcMcf9e9vtZlgCJUev4

The government of the Central African Republic and armed groups that had joined it in a peace deal have reached an agreement to form an "inclusive government," the African Union said Wednesday.

"The Central African authorities and the 14 armed groups (that) signed the peace accord negotiated in early February in Khartoum agreed to an 'inclusive government' in Addis Ababa," the AU said.

The deal is the eighth attempt to bring peace to the conflict-wracked, impoverished state since 2012.

Signed in the CAR capital Bangui on February 6 after negotiations in Sudan, it brings together the CAR government and 14 armed groups who control most of the country.

The agreement called for a series of confidence-building measures, such as establishing joint patrols and the creation of a truth and justice commission within 90 days.
20/03/2019 5:49 PM
ProfitableStocksOnly New CAR Cabinet & UPC Congratulate Government

Note: UPC are the main rebel group around Ndassima/Bambari where Axmin operates

https://www.reuters.com/article/us-centralafrica-peace/central-african-republic-opens-cabinet-to-more-armed-groups-to-bolster-peace-idUSKCN1R32IR
WORLD NEWSMARCH 22, 2019 / 1:45 PM / UPDATED 21 HOURS AGO

Central African Republic opens cabinet to more armed groups to bolster peace

Crispin Dembassa-Kette

3 MIN READ

BANGUI (Reuters) - Central African Republic has included more rebel officials in an expanded cabinet, the president announced on Friday, in a bid to shore up peace efforts after several armed groups said they were not sufficiently represented following a deal last month.

Central African Republic reached an agreement with 14 armed groups in February, aimed at bringing stability to a country rocked by violence since 2013 when mainly Muslim Selaka rebels ousted the then President Francois Bozize, prompting reprisals from mostly Christian militia.

The diamond and gold-producing country has been ravaged by years of conflict that had shown little sign of abating until now.

President Faustin-Archange Touadera announced on Friday a new cabinet list of 39 members, in which all 14 armed groups were represented. Only 10 groups were represented in the previously announced list, which had 34 members.

The peace deal, signed in Sudan’s capital Khartoum, faced its first major setback a month after it was ratified, when several armed groups withdrew representatives from the new cabinet and demanded a more inclusive reshuffle.

The president’s announcement came two days after reconciliation talks arranged by the African Union in Ethiopia’s capital Addis Ababa.

The 14 rebel groups had said last week that they had not been sufficiently consulted over the original cabinet list.

In the new line-up, the major Selaka groups FPRC and UPC have three and two representatives, respectively.

“The UPC congratulates itself and congratulates Prime Minister Firmin Ngrebada for forming a government that now respects the Khartoum accord. We call on all ministers to get to work without delay to bring peace back to this country,” UPC political coordinator Hassan Bouba told Reuters via telephone.

Christian anti-balaka militia did not immediately respond to a request for comment.

Thousands of people have died because of the unrest and a fifth of the country’s 4.5 million population have fled their homes. The United Nations deployed a peacekeeping mission in 2014.

But prospects for a lasting peace remain uncertain, as agreements in 2014, 2015 and 2017 all broke down.
23/03/2019 1:15 PM
ProfitableStocksOnly Three rebel chiefs named 'advisers' to Central African government
https://www.dailymail.co.uk/wires/afp/article-6848763/Three-rebel-chiefs-named-advisers-Central-African-government.html

By AFP

PUBLISHED: 14:32 EDT, 25 March 2019 | UPDATED: 14:32 EDT, 25 March 2019

Three top rebel chiefs have been named "special military advisers" to the Central African Republic government, the presidency said Monday as the volatile country sought to honour a February peace deal.

The three will be charged with setting up special joint units under the peace accord reached in the Sudanese capital Khartoum, the eighth since mainly Muslim rebels overthrew president Francois Bozize, a Christian, in 2013.

The accord, signed in Bangui on February 6, brought together President Faustin-Archange Touadera and the leaders of 14 armed groups who control some 80 percent of the country's territory.

The three rebel chiefs were named as Ali Darassa, head of Unity for Peace in Central Africa (UPC), Mahamat Alkatim, head of the Patriotic Movement for Central Africa (MPC), and Bi Sidi Souleymane, head of the 3R group (Return, Reclamation, Reconciliation).

They will help assure security alongside the national army.

Other rebel officials were also given roles including Adama Chaibou of the MPC, tasked with relations with the Arab world.

The announcement in early March of a new government in Bangui after the Khartoum accord sparked a wave of protest by armed groups demanding more ministerial positions.

The African Union set up a follow-up meeting to shore up the peace deal that resulted in a new agreement to form an inclusive government.
25/03/2019 4:56 PM
ProfitableStocksOnly Farmers, herders find common ground in Central African Republic

https://www.malaymail.com/news/life/2019/03/27/farmers-herders-find-common-ground-in-central-african-republic/1736918

BAMBARI (Central African Republic), March 27 — At the market in Awatche in the middle of the Central African Republic, fresh sides of beef hang in the sun, tempting village folk after a rare agreement in an age-old dispute.

“Since November 2018, the Fulani have come back to us here,” says Felicien Katiako, chief of the nearby village of Govobanda.

The cattle breeders, who maintain a semi-nomadic lifestyle, had fled their village homes in the region in 2014 for fear of attack by farming communities as violence swept across the country.

While the mistrust that divides settled farmers from migrating folk is a potential source of bloodshed in much of Africa, people of the Awatche region have forged peace.

“We eat beef each week with the Fulani and they can have some cassava,” said Gervais Koyobogui, a chief of the villages along the road linking Bambari, the main town of the region, with Kouango.

Clashes between rival communities remain frequent in the CAR, frequently triggered by cattle rustling or the trampling of crops in the fields.

In Awatche, one steer is worth 500,000 francs (about RM3,506), a fortune for poor country people in one of the world’s least developed nations.

Armed groups are greedy for livestock when cattle represent such a substantial financial gain.

‘Bloody reprisals’

Killings arising from the seasonal migration of herds spiked after a 2013 coup by a mainly Muslim rebel alliance, the Seleka.

The group’s forces from the north were driven out of the southern capital Bangui in about 10 months, but by then the “anti-Balaka (machete)” fighters had emerged to fight the Seleka in various parts of the CAR.

Some of the Fulani took up arms to carry out brutal reprisals over cattle-rustling and “taxes” imposed by the anti-Balaka and by armed groups that formed when the Seleka was officially dissolved.

“The presence of young (Fulani) in ex-Seleka ranks... led to confusion and provoked a cycle of bloody reprisals,” researchers Florent Ankogui-Mpoko and Thierry Vircoulon wrote in a March 2018 report on livestock migration in the country.

The village of Awatche was attacked three times in 2014 and 2015 by rebel forces who originated with the Seleka.

For fear of reprisals by the ethnic Banda farmers, Fulani families from the villages took refuge on territory controlled by ex-Seleka forces, but they did not find the security they hoped for.

“I came back to Awatche three months ago, because out there we suffered too much. I lost a lot of my family and cattle as well,” Mohammad told AFP.

With watchful eyes framed by his turban, he said he lost 280 animals, either stolen or taken by armed groups claiming their tax.

“Every month the Seleka took two or three head of cattle from me,” said Joden, another herder who came back to the village four months ago.

Men like them are returning gradually, encouraged by family initiatives and mediation sessions organised by the authorities.

Mediation, compensation

“We protect the village against thieves, the anti-Balaka and the UPC (Union for Peace in the Central African Republic),” said Simplice, a lanky member of Awatche’s self-defence group.

The village has sorted out a way to settle disputes arising from the destruction of fields by cattle.

“We bring the two sides together in the field, we make a survey, and now we go to the chief to find out how much compensation should be paid,” said mediator Philippe.

The conflict “made the village so very weak,” he said, adding: “It’s only with peace that development will come.”

Problems caused by migratory grazing and cattle thefts remain the norm in most of the rest of the CAR, where the peaceable balance struck in these villages has not taken hold.

In January, more than 13 people were killed at Zaoro Sangou in the west by Fulanis seeking revenge for the murder of stock-breeders a few days earlier.

The bloodshed provoked further reprisals against Muslims in nearby Carnot, who were assaulted, had their shops pillaged and saw a mosque razed to the ground. — AFP
27/03/2019 2:33 PM
ProfitableStocksOnly A Conversation with Central African Republic President Touadéra

https://www.usip.org/events/conversation-central-african-republic-president-touadera

A Conversation with Central African Republic President Touadéra

Prospects for Peace in the Central African Republic

The Central African Republic (CAR) has recently taken a significant step toward peace after years of violence and instability. In February, negotiations convened under the auspices of the African Union led to a peace agreement between the CAR government and leaders of armed groups. Now President Faustin-Archange Touadéra must lead the implementation of the agreement to resolve the many complex issues that have driven violence in the country. Join the U.S. Institute of Peace on April 9 to hear President Touadéra discuss his priorities and vision for building peace in CAR.

Since gaining independence from France in 1960, CAR has experienced chronic instability and outbreaks of violent conflict. The most recent crisis began in late 2012 when a coalition of armed groups banded together to seize control of the country, ushering in an unprecedented level of violence that culminated in a bloody coup d'état. While a transitional government was able to hold the country’s first peaceful, democratic election in 2016, ongoing violence and instability threaten to erode this progress. In 2018, intensifying clashes and deepening divisions led to a record 1.1 million people displaced by the conflict and made CAR one of the deadliest countries in the world for aid workers.

The CAR government, in partnership with the international community, is working to address the longstanding grievances driving the conflict and the profound insecurity affecting many of the country’s citizens. Early this year, the African Union led peace negotiations between the government and armed groups in Khartoum, Sudan, the eighth attempt at a peace deal. With support from a wide range of stakeholders, the dialogue produced a new peace deal outlining steps to reduce conflict and build peace.



Take part in the conversation on Twitter with #TouaderaUSIP.



Panelists

His Excellency Faustin-Archange Touadéra

President, Central African Republic



Nancy Lindborg, moderator

President, U.S. Institute of Peace



Ambassador Lucy Tamlyn, opening remarks

U.S. Ambassador, Central African Republic
31/03/2019 7:27 PM
ProfitableStocksOnly AXM Technical Analysis - Bullish Buy Signal

http://www.stockta.com/cgi-bin/analysis.pl?symb=AXM.C&cobrand=&mode=stock

Symbol Last Trade Date Change Open High Low Volume
AXM.C 0.49 Mar-29-2019 0.01 0.5 0.51 0.475 117,208
Note: Canadian symbols now end in .c i.e SYMB.C

Analysis Overall Short Intermediate Long
Bullish (0.36) Neutral (0.12) Very Bullish (0.50) Bullish (0.46)
Support/Resistance
Type Value Conf.
resist. 0.64 2
resist. 0.54 4
supp 0.48 11
supp 0.40 3
supp 0.34 2
supp 0.27 32
supp 0.24 2
supp 0.22 8
supp 0.16 4
Chart Indicators
Ind. short Inter Long
EMA Bu VBu VBu
MACD N VBu VBu
RSI Bu
TDD Bu
Fibs Be VBu VBu
Highs Be N Be
Lows VBu N N
Trends N N N
Stoch. Bu
VBu=Very Bullish, Bu=Bullish
N=Neutral
Be=Bearish, VBe=Very Bearish
Printer friendly charts
Date=Mar-29-2019 Open=0.5 High=0.51 Low=0.475 Close=0.49 Volume=117208
image: http://www.stockta.com/cgi-bin/candle.pl?cobrand=&symb=AXM.C&size=analysis&support=0.16,4,0.22,8,0.24,2,0.27,32,0.34,2,0.40,3,0.48,11,0.54,4,0.64,2&trend=


Recent CandleStick Analysis
Bullish
Date Candle
Mar-28-2019 Inverted Hammer
Mar-27-2019 Bearish Harami
Mar-26-2019 Homing Pigeon
Open Gaps
Direction Date range
up Feb-25-2019 0.4 to 0.48
up Feb-13-2019 0.255 to 0.26
down Mar-28-2019 0.49 to 0.48

Read more at http://www.stockta.com/cgi-bin/analysis.pl?symb=AXM.C&cobrand=&mode=stock#0uYjQeeLx1uMW9FR.99
31/03/2019 9:25 PM
ProfitableStocksOnly CAR President Promotes Diamond Leases & New Bangui Electric Project Funded By A Chinese Company

Although these articles are not pertaining to AXM, they are both very positive and show that the country is open for business. Getting support from Chinese companies reflects good on other ones in CAR like Axmin which are majority owned and controlled by Chinese investors/directors.

March 21st 2019 - China Electric Project In Bangui - http://en.ceec.net.cn/art/2019/3/21/art_138_1858149.html

April 2nd 2019 - CAR Invites DeBeers & Alrosa To Mine Diamonds - https://www.diamonds.net/news/NewsItem.aspx?ArticleID=63546
03/04/2019 10:00 AM
ProfitableStocksOnly Security Council Announces Benchmarks to Guide Decision on Potential Lifting of Arms Embargo against Central African Republic

9 APRIL 2019

https://www.un.org/press/en/2019/sc13769.doc.htm

Presidential Statement Expresses Readiness to Review Ban, Sets Terms for Removal
The Security Council expressed today its readiness to review the arms embargo it imposed on the Central African Republic, announcing a set of benchmarks to guide its decision as to whether it will suspend or progressively lift that restriction later this year.

Issuing presidential statement S/PRST/2019/3, Christoph Heusgen (Germany), President for April, recalled the Council’s intention to establish, by 30 April, “clear and well‑identified key benchmarks” to measure progress in reforming the security sector, on advancing the disarmament, demobilization, reintegration and rehabilitation process, and on managing weapons and ammunition.

More specifically, the benchmarks would require the Government of the Central African Republic to implement the National Programme for Disarmament, Demobilization, Reintegration and Repatriation, in particular the socioeconomic reintegration of former members of armed groups and the integration of vetted former members into all uniformed services; and to draft a planning document detailing its needs in terms of weapons and facilities for the storage of ammunition.

Other benchmarks would require the Government to finalize a protocol on the registration and management of armaments intended for the national defence and security forces, covering small arms, light weapons and ammunition; to operationalize a national commission to combat the proliferation of small arms and light weapons; and to establish a protocol on the collection and destruction — or transfer to the armed forces and internal security forces — of unregistered or illicitly held weapons and ammunition seized by the authorities.

The presidential statement reiterated the Council’s request that the Secretary-General conduct an assessment, no later than 31 July, of progress made on the benchmarks, in close consultation with the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA), United Nations Mine Action Service and the Panel of Experts on the Central African Republic. The Council further recalled its intention to review, by 30 September, the arms embargo in light of that assessment.

It also reiterated the Council’s request that the Central African Republic authorities report to the Committee established pursuant to resolution 2127 (2013), by 30 June, on progress relating to security sector reform; on the disarmament, demobilization, reintegration and rehabilitation process; and on the management of weapons and ammunition. Meanwhile, the Council acknowledged the urgent need of the Central African Republic authorities to train and equip their national defence and security forces.

The Council welcomed the consensus reached by the signatories to the Political Agreement for Peace and Reconciliation, signed in Bangui on 6 February between the Government of the Central African Republic and 14 non-State armed groups. It welcomed also the engagement of the African Union, Economic Community of Central African States (ECCAS) and the United Nations. Urging stakeholders to implement the peace agreement “in good faith and without delay”, the Council called upon neighbouring countries, regional organizations and all international partners to support its implementation and coordinate their actions with the aim of bringing lasting peace and stability to the country.
09/04/2019 1:34 PM
ProfitableStocksOnly Axmin appoints Jiang as CEO of Somio, Aurafrique

2019-04-10 05:55 MT - News Release


Ms. Lucy Yan reports

AXMIN INC ANNOUNCES NEW SENIOR MANAGEMENT APPOINTMENTS

Axmin Inc. has appointed Lifei Jiang as chief executive officer of Somio Toungou SA and chief executive officer of Aurafrique SARL in Central African Republic and Jean Qian as board secretary and chief executive officer assistant of Axmin.

Mr. Lifei Jiang benefits form over fifteen years of senior operational experience in Africa in the investment, construction and mining industries. He has served as project manager, vice general manager and general manager for the Chinese states owned enterprises China Geo-Engineering Corporation (CGC) and CGCOC Group Company Limited in several African countries where he was directly responsible for project management, bidding, financial controls, team building, and market development.

Mr. Jiang is extremely familiar with local traditions and cultures, different applicable mining laws and effective operational procedures for delivering mining operations in Africa. For AXMIN, Mr. Jiang will be managing the in-country operations of the Company.

Mr. Qian benefits from experience in senior administration of Chinese companies working with international counterparties to manage projects within and outside of China. He has been responsible for coordination and international communication in large events, as well as corporate news releases and translations.

AXMIN's Chairman and CEO Lucy Yan sated:

AXMIN is very pleased to appoint Mr. Jiang and Mr. Qian to assist the company with our in-country operations and international co-ordination. We believe these key staff additions will assist the Company as we fully restart our operations in the Central African Republic in the near future. We are very excited to see the improving security developments in the region around our mining asset and will provide a further update in this regard.

About AXMIN

AXMIN is a Canadian exploration and development company with a strong focus on the African continent. AXMIN continues to closely monitor the security situation at its Passendro Gold Project in the Central African Republic. For more information regarding AXMIN visit our website at www.axmininc.com. Please follow us on Facebook https://www.facebook.com/axmininc

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.
10/04/2019 8:22 AM
ProfitableStocksOnly New CAR Articles: UN Embargo Lifting Criteria, Integration Of Rebels, & New Mining Job

UN Embargo Lifting Details: https://reliefweb.int/report/central-african-republic/security-council-announces-benchmarks-guide-decision-potential

Un Tells CAR To Integrate Rebels: https://www.france24.com/en/20190409-un-tells-c-africa-reintegrate-rebels

New Mining Application For Work In CAR: https://www.worldwide-rs.com/job/open-pit-mine-electrical-coordinator-jobid-j20102
11/04/2019 10:40 AM
ProfitableStocksOnly Central African Republic: Six armed groups sign peace agreement in Bria

Note: This is an important agreement due to the fact that Bria is a few hours away from Ndassima and directly on the same access road.

https://reliefweb.int/report/central-african-republic/central-african-republic-six-armed-groups-sign-peace-agreement-bria

Six armed groups (the UPC, MPC, RPRC, MLCJ, Anti-Balaka (Mokom faction) and the FPRC)* signed an important peace agreement Tuesday 9 April in Bria, in the Central African Republic (CAR), which is expected to put an end to more than six years of violent conflict in the eastern region of Haute-Kotto.

The Accord is the result of talks convened by the Centre for Humanitarian Dialogue (HD) between the groups from 1-9 April 2019 in Bria. It also marks the culmination of months of intensive local mediation efforts led by HD to bring an end to violence across the Haute-Kotto region. Repeated attacks by the groups in the area since 2013 have led to the loss of many lives, widespread destruction of property and the displacement of thousands of people. The violence has also increased the divide between the Christian and Muslim communities which has been instrumentalised by the armed groups.

The Bria Agreement builds on the Accord for Peace and Reconciliation in the CAR (APPR), which was signed on 6 February 2019 between the Government and fourteen armed groups, including the six Bria Agreement signatories.

Under the terms of the Bria Accord, the parties have committed to:

Putting an end to violence;
Ensuring peace and security throughout the region;
Resolving grievances peacefully;
Refusing the instrumentalisation of differences based on politics, ethnicity or religion ;
Ensuring the safe return of refugees and internally displaced persons; and,
Guaranteeing the free movement of persons, goods and services, and humanitarian personnel. The follow-up committee set up under the APPR will be in charge of monitoring implementation of the Bria Accord.

“This Agreement represents an important step in strengthening the APPR and turning Central African people’s hope for peace and reconciliation into reality.” said Freddy Nkurikiye, HD’s Special Representative for Central and West Africa.

HD has been working in support of peace in the CAR since 2007, assisting both the country’s National Political Dialogue and community-based mediation efforts. HD played a key role in the 2008 Inclusive Political Dialogue, the 2015 Bangui Forum, the 2016 electoral process and more recently, the 2019 APPR process. The organisation has also been involved in the facilitation of local agreements such as the 2017 Bouar Agreement between the 3R and anti-Balakas armed groups which enabled the stabilization of parts of the Nana Mambéré province.

HD would like to thank the parties, the United Nations Multi-dimensional, integrated and stabilization Mission (MINUSCA) as well as the local administrative, traditional and religious leaders for their support to the mediation process which led to the Bria Agreement.

The organisation would also like to express its gratitude to the European Union for its financial support which has enabled HD to support peace efforts in CAR since 2014.

END

For any further enquiries, please contact HD’s Special Representative for West and Central Africa, Mr Freddy Nkurikiye, by phone on +41 79 388 35 31, or by email: nkurikiye@hdcentre.org

For further information about HD, please send an email to: pr@hdcentre.org

*UPC: Unité Pour la paix en Centrafrique; MPC: Mouvement Patriotique pour la Centrafrique; RPRC: Rassemblement Patriotique pour le Renouveau de la Centrafrique; MLCJ: Mouvement des Libérateurs Centrafricains pour la Justice; FPRC: Front Populaire pour la Renaissance de la Centrafrique
12/04/2019 9:36 AM
ProfitableStocksOnly US Department of State: Secretary Pompeo’s Meeting With Central African Republic President Faustin Archange Touadera

https://www.stl.news/us-department-of-state-secretary-pompeos-meeting-with-central-african-republic-president-faustin-archange-touadera/272830/

04/11/2019Marty SmithNo Comments
WASHINGTON (STL.News) – The US Department of State release the following:

The below is attributable to Spokesperson Morgan Ortagus:‎

Secretary Michael R. Pompeo met today with Central African Republic (CAR) President Faustin Archange Touadera in Washington, D.C. The Secretary affirmed U.S.-CAR relations and underscored strong support for President Touadera’s efforts to bring lasting stability and security to the Central African people by implementing the recently signed peace agreement. The two leaders exchanged views on a variety of key issues, including institutionalizing democratic reforms, creating a more inclusive and transparent business environment to revitalize the CAR economy, and ensuring justice for victims of war crimes. President Touadera also expressed his commitment to building an inclusive government and fighting impunity.
12/04/2019 11:30 AM
ProfitableStocksOnly Central African Republic: $ 45 Million from World Bank for Solar Field Construction

https://africandailyvoice.com/2019/04/10/centrafrique-45-millions-dollars-banque-mondiale-construction-champ-solaire/

Bangui, Central African Republic (CAR) - The Central African government and the World Bank signed a $ 45 million multilateral agreement in Washington on April 9 for the construction of a solar field near the capital Bangui.

The Central African government represented by the Ministers of Economy, Planning and Cooperation, Félix Moloua and that of Finance and Budget Henri-Marie Dondra, sealed this agreement in a context where it places the energy issue at the center. of his concerns for this year 2019.

According to the government, with this project, the Central African Republic wants to increase energy capacity by 25 megawatts in order to boost the economy, in line with Pillar 3 of the National Recovery and Peacebuilding Plan (RCPCA). The start of work is scheduled for August 2019.

With a rate of access to electricity that is 4% against an African average of 16%, the Central African government intends to raise this level with several projects. The extension works of the Boali 2 plant have just been launched thanks to the financial support of the African Development Bank for an amount of 23 billion FCFA to have 10 megawat more.

Central African energy will also benefit this year from another 10 megawat that will come from the installation of a thermal power plant with financing from the Saudi fund. This project includes a public lighting component for 14 avenues in the city of Bangui. The executory phase of the work is also planned for the second semester, the contract being already awarded.

"We will continue with the support of our partners to invest heavily in energy infrastructure, very important for our development," said the head of state Faustin Archange Touadera on March 30 on the occasion of his year 3 in power.

Several affluent investors, the Central African Republic after the signing of the peace agreement and Khartoum, is made possible thanks to the support of the Russian Federation, which further strengthens its cooperation with this country friends long abused by the Western powers.
13/04/2019 1:40 PM
ProfitableStocksOnly African Development Bank approves strategy for Central Africa – “crucial for the economic integration of the region”

https://africandailyvoice.com/en/2019/04/15/african-development-bank-approves-strategy-central-africa-crucial-economic-integration-region/

2019-04-15 Central African Republic, POLITICS

Johannesburg, South Africa (ADV) – The Board of the African Development Bank (AfDB) on Monday approved the Central Africa Regional Integration Strategy Paper 2019 – 2025, adopting the Bank’s multinational operations in Central Africa over the indicated period, African Daily Voice has learnt.

According to a statement issued by AfDB, the Central Africa Regional Integration Strategy Paper (RISP) for 2019 – 2025 builds on the lessons learned from the implementation of previous regional development initiatives. It also lists the Bank’s plans to accelerate intra-regional trade, inclusive economic growth and structural transformation of the Central African region.

“It will guide the Bank’s regional operations in seven member countries of the Economic Community of Central African States (ECCAS), namely Cameroon, Chad, Congo, Equatorial Guinea, Gabon, Democratic Republic of Congo (DRC), and the Central African Republic – a combined population of some 130 million people,” reads a statement Chawki Chahed, Chief Communications Officer, Communication & External Relations Department, African Development Bank.

“The cooperation, integration and economic development goals of the 2019 – 2025 Central Africa regional strategy will be achieved from the basis of two pillars: the first strengthens regional infrastructure (focusing on electricity networks, transport and ICT), while the second supports reforms for intra-regional trade development and cross-border investments and builds the institutional capacity of regional organizations, especially ECCAS and the Economic and Monetary Community of Central Africa (CEMAC).”

Ousmane Dore, Director-General of the Bank’s Central Africa Regional Development and Business Delivery Office said in 2018, the GDP growth rate in Central Africa doubled to 2.2 % from 1.1% in 2017, but remained below the sub-Saharan average of 3.5%.

“The region’s growth was driven primarily by global commodity prices, principally oil. Other countries within the ECCAS region continued to grapple with the vicious circle of instability and fragility, weak human and institutional capacity, and infrastructure deficits in the transport, energy and ICT sectors.

“Central Africa has significant oil resources, deposits of precious metals and minerals, huge transboundary water resources, and the continent’s greatest hydropower potential. Implementation of the Central Africa integration strategy will encourage regional and national authorities to ensure that cross-border programs and initiatives are embedded into public resource planning and administration,” said Dore.

The bank further stated that implementation of the Central Africa RISP will require investments amounting to US$ 4.421 billion, corresponding to 30 regional operations over the seven-year period. About 88% of the planned funding would be devoted to strengthening regional infrastructure. The infrastructure and institutional capacity-building components of the plan will also support the resilience of the countries in the region. Specific operations will also strengthen resilience to food insecurity, enable the socio-economic reintegration of vulnerable groups, and conserve ecosystems in the Congo Basin.

“The African Development Bank’s ongoing support for Central Africa is crucial for the successful economic integration of the countries in the region. The new Regional Integration Strategy Paper continues this tradition of supportive interventions in critical economic sectors. Ultimately, it will be a huge boost to intra-regional trade and a much needed structural transformation of the policy and business environment,” said Moono Mupotola, the Bank’s Director of Regional Development and Regional Integration.


The RISP is in conformity with the Bank’s new Regional Integration Strategy Framework (RISF) which was approved in March 2018, and the Ten-Year Strategy of the African Development Bank Group (2013-2022). It also aligns with the regional priorities from ECCAS and CEMAC and the Bank’s High 5priorities
15/04/2019 12:50 PM
ProfitableStocksOnly April 15th 2019: Russia to Send Soldiers to Central African Republic as Part of U.N. Force: Decree

https://www.nytimes.com/reuters/2019/04/15/world/europe/15reuters-africa-russia.html

MOSCOW — Russia will send up to 30 military personnel to Central African Republic as part of a U.N mission to help stabilize the country, according to a decree signed by President Vladimir Putin on Monday.

The decree said the Russian contingent would include military observers, staff officers and military communications specialists.

Moscow has already sent military equipment to CAR and Russian instructors are on the ground helping train the country's armed forces.

(Reporting by Polina Devitt; Editing by Andrew Osborn)
15/04/2019 2:56 PM

Posted by ProfitableStocksOnly at May 17, 5:45 PM
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ProfitableStocksOnly Looks as if the CEO of CAF has already established himself in South Africa's realm of black empowerment. He started a company a few years ago called Sewa Coti, as per his LinkedIn: Sewa Coti is an African-focused consultancy specialising in due diligence, project management, strategy, as well as B-BBEE legislation in South Africa.

So what that tells me is that with pretty much 100% certainty we will get a deal done, established Canaf with government contracts and shouldn't have any issue diversifying. This guy is smart, he has paved the road to growing this company far beyond where it's currently at.

From CAF's last MD&A:

The Corporation also remains focused on completing a Broad-Based Black Economic Empowerment (“B-BBEE”) transaction for Southern Coal, by mid-June 2018. The B-BBEE is a form of economic empowerment initiated by the South African government with the goal to distribute wealth across as broad a spectrum of previously disadvantaged South African society as possible. A new partner has been identified and initial terms of the agreement, which will remain much the same as the previously agreed transaction, will most probably be announced by the end of April 2018. The Corporation remains confident that it will achieve its B-BBEE goals during the current fiscal year and we remain optimistic of the opportunities that will arise from such a transaction.
28/05/2018 12:03 PM
ProfitableStocksOnly Canaf Group earns $691,115 (U.S.) in six months

2018-06-28 14:56 ET - News Release


Mr. Christopher Way reports

CANAF ANNOUNCES FINANCIAL RESULTS FOR Q2 2018

Canaf Group Inc. has released its financial statements, and management discussion and analysis for the six-month period ended April 30, 2018.

The corporation is pleased to confirm continued positive results for the period in line with expectations.

Revenue for the six-month period ended April 30, 2018, increased to $8,698,426 (U.S.), an increase of 34 per cent compared with the same period last fiscal year, which generated a net comprehensive income of $691,115 (U.S.) (2017: $434,934 (U.S.)).

For more details and discussion on the results, the financial statements and management discussion and analysis can be viewed on SEDAR or the company's website.

About Canaf Group Inc.

Canaf is a public company listed on the TSX Venture Exchange. Canaf's head office is in Vancouver, Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing Pty. Ltd., a South African-based company that owns 100 per cent of Southern Coal Pty. Ltd., a company that produces a high-carbon, devolatized anthracite.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.
29/06/2018 10:15 AM
ProfitableStocksOnly Canaf Group Inc.(CAF.V) Q2 2018 Results. Financials + MD&A
All information can be found at www.sedar.com

Price: $0.11
Common Shares: 47,426,195
Warrants/Options: 0
Website: www.canafgroup.com

Financials (All In US Dollars)

ASSETS
Cash: $315,407
Trade Receivables: $3,604,555
Sales Tax Receivable: $3,091
Inventories: $418,389
Prepaid Expenses: $20,028
Property, Plant & Equipment: $953,801
Intangible: $1
Total Assets: $5,315,272

LIABILITIES
Trade & Other Payables: $2,296,780
Sales Tax Payable: $17,689
Income Tax Payable: $129,439
Bank Loan(Due Jan 2019): $271,611
Total Liabilities: $2,715,519

Asset/Debt Ratio: 1.96:1

Six Month Performance(Q1 & Q2 2018)
Sales: $8,698,426
Net Income: $691,115 USD

Net Income for 2017(Q1-Q4): $541,808 USD

Earnings per share in 2018:
$691,115USD X 1.31 CAD(June 29th 2018) / 47,426,195 = $0.019 cents CAD

Earnings per share over 6 quarters:

$1,232,923 X 1.31 CAD /47,426,195 = $0.034 cent CAD

MD&A Highlights

Revenues for the six months were $8,698,426 (2017 - $6,482,459) a 34% increase, and the Corporation continues to be profitable with gross profits of $703,169 (2017 - $684,905) a 2.7% increase and net income for six month period ended April 30, 2018 of $449,880 (2017 - $429,652) a $20,288, 4.7% increase. While revenues and gross margin have grown, increased cost of sales produced smaller gross margin percentages, 2018 8.1% (2017 10.6%).

The reduction in the gross margin is mainly due to a major maintenance project during the period. The Corporation expects to continue to operate profitably into Q3 and Q4, however Revenue is expected to drop, due to a reduction in demand caused primarily by one of Southern Coals main customers’ internal coke breeze coming back online.

The outlook and profitability of the Corporation remains strong and the Corporation expects to continue to generate positive free cash flow during the fiscal year-end 2018 and, as it accumulates cash and reduces its gearing and increases its efficiencies, will continue to look at investment in related business opportunities in South Africa and neighbouring countries.

The Corporation’s B-BBEE transaction for the sale of 30% of Quantum’s shares in Southern Coal remains on track to be completed during the current fiscal year. Following the termination of the initial agreement announced on 20 February 2018, a new B-BBEE partner has been identified and initial terms of the agreement, which will remain much the same as the previously agreed transaction, are expected to be announced during Q3.

Sales from the Corporation’s South African coal processing business are substantially derived from two customers and as a result, the Corporation is economically dependent on these customers. The Corporation’s exposure to credit risk is limited to the carrying value of its accounts receivable. As at April 30, 2018, trade receivables of $3,604,555 (October 31, 2017, $1,314,828) were due from these customers and were collected subsequent to period-end.

The bank loan bears interest at 10.25% per annum, matures on January 7, 2019, and is secured by the Corporation’s furnace acquired with the proceeds from the loan. The bank loan is repayable in blended monthly payments of Rand 391,624 ($32,359.89 translated at April 30, 2018 exchange rate)). During the six month period ended April 30, 2018, the Corporation incurred interest expense totaling $19,909 (April 30, 2017 – $29,658).

Expenses for the six months were $304,980 (2017 - $237,288) an increase of $67,692, 29%, primarily due to increased costs relating to the B-BBEE program

General administrative and finance expenses for the six month period were $285,071 (April 30, 2017 - $207,630) an unfavourable variance of $77,441, primarily due to increased involvement in South Africa’s B-BBEE program and increased activity resulting in higher management fees and office expenses. Additional detail of general and admin expenses can be found in the table below.
29/06/2018 11:38 AM
ProfitableStocksOnly Canaf Group changes name to Canaf Investments

2018-07-03 18:11 MT - News Release


Mr. Christopher Way reports

CANAF GROUP INC. ANNOUNCES NAME CHANGE TO CANAF INVESTMENTS INC.

Canaf Group Inc. will be changing its corporate name to Canaf Investments Inc., effective July 5, 2018. At the opening of trading on July 5, 2018, the common shares of the company will commence trading on the TSX Venture Exchange under the new name and Cusip No. 13682P102, and will continue trading under the same symbol CAF.

Shareholders holding share certificates in the name of Canaf Group can request replacement certificates with the new corporate name, but new certificates are not required and will not be automatically issued. There will be no consolidation of capital in connection with the change of name.

The change of name has been implemented to better represent the corporation and further meets the requirements of the corporation's new jurisdiction of British Columbia, which was approved in the last annual general meeting.

About Canaf Group Inc.

Canaf is a public company listed on the TSX Venture Exchange. Canaf's head office is in Vancouver, Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing Pty. Ltd., a South African-based company that owns 100 per cent of Southern Coal Pty. Ltd., a company that produces a high-carbon, devolatized anthracite.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.
04/07/2018 10:46 AM
ProfitableStocksOnly Canaf Group to sell 30% of unit for $1.7M

2018-07-06 10:44 MT - News Release


Mr. Christopher Way reports

CANAF ANNOUNCES B-BBEE TRANSACTION FOR SOUTH AFRICAN SUBSIDIARY

Canaf Investments Inc., formerly known as Canaf Group Inc., has provided the terms of its new broad-based black economic empowerment (B-BBEE) transaction for its South African subsidiary, Southern Coal (Pty.) Ltd.

As part of Southern Coal's continuing B-BBEE transformation program, Amandla Amakhulu (Pty) Ltd. (AAM), a 100-per-cent black, privately owned company incorporated in South Africa, has agreed to acquire 30 per cent of the issued shares of Southern Coal, from Canaf's wholly owned subsidiary, Quantum Screening and Crushing Pty. Ltd., for the value of 18 million South African rand (approximately $1.7-million (Canadian)).

Quantum will in return receive cumulative, redeemable preference shares in AAM in the amount of the purchase price, 18 million rand (approximately $1.7-million (Canadian)). These preference shares shall provide preferential dividends, until redeemed by AAM. These dividends will be secured by an irrevocable direction from AAM to Southern Coal to pay Quantum such dividends from any distribution to AAM. The transaction will close by Aug. 31, 2018.

Christopher Way, chief executive officer of Canaf, states: "The signing of this important agreement to sell 30 per cent of Quantum's shares in Southern Coal, confirms our intention to ensure that Southern Coal achieves the required B-BBEE level for the current financial year. We remain focused on securing new long-term contracts for the existing business and also continue to look at diversification opportunities in South Africa and its neighbours."

In addition to this transaction, Southern Coal can confirm that it remains on track in ensuring that all other areas of its B-BBEE transformation plan, including its enterprise, socio-economic, skills, and supplier and development programs, are fully invested in, so to ensure that the company reaches its desired level.

About Canaf Group Inc.

Canaf's head office is in Vancouver, Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing Pty. Ltd., a South African-based company that owns 100 per cent of Southern Coal Pty. Ltd., a company that produces a high carbon, devolatized anthracite. As of July 3, 2018, Quantum agrees to sell 30 per cent of its shares in Southern Coal for the net consideration of 18 million rand; the transaction will close by Aug. 31, 2018.

About Southern Coal

Southern Coal produces calcined anthracite, a product used primarily as a substitute to coke in sintering processes. Southern Coal produces calcined anthracite by feeding washed anthracite coal through a rotary kiln, at temperatures between 900 and 1,100 C; the volatiles are driven off and the effective carbon content increased.

Southern Coal's two largest clients are African leaders in steel and ferromanganese production. Southern Coal operates near Newcastle, KwaZulu-Natal, where Quantum's three kilns operate; the majority of Southern Coal's feedstock anthracite is supplied from local anthracite mines in KwaZulu-Natal.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.
06/07/2018 11:58 PM
ProfitableStocksOnly https://simplywall.st/stocks/ca/materials/tsxv-caf/canaf-investments-shares/news/what-you-must-know-about-canaf-investments-incs-cvecaf-financial-strength/

What You Must Know About Canaf Investments Inc’s (CVE:CAF) Financial Strength
Armando Maloney July 13, 2018
Canaf Investments Inc (CVE:CAF) is a small-cap stock with a market capitalization of US$4.98m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. Why is it important? Evaluating financial health as part of your investment thesis is crucial, as mismanagement of capital can lead to bankruptcies, which occur at a higher rate for small-caps. I believe these basic checks tell most of the story you need to know. Nevertheless, this commentary is still very high-level, so I recommend you dig deeper yourself into CAF here.

Does CAF produce enough cash relative to debt?
CAF’s debt levels have fallen from US$566.85k to US$271.61k over the last 12 months , which comprises of short- and long-term debt. With this debt payback, the current cash and short-term investment levels stands at US$315.41k , ready to deploy into the business. Moreover, CAF has generated cash from operations of US$536.73k during the same period of time, leading to an operating cash to total debt ratio of 197.61%, indicating that CAF’s debt is appropriately covered by operating cash. This ratio can also be a sign of operational efficiency as an alternative to return on assets. In CAF’s case, it is able to generate 1.98x cash from its debt capital.

Does CAF’s liquid assets cover its short-term commitments?
At the current liabilities level of US$2.72m liabilities, the company has been able to meet these obligations given the level of current assets of US$4.36m, with a current ratio of 1.61x. Usually, for Metals and Mining companies, this is a suitable ratio since there is a bit of a cash buffer without leaving too much capital in a low-return environment.

TSXV:CAF Historical Debt July 12th 18
TSXV:CAF Historical Debt July 12th 18
Is CAF’s debt level acceptable?
CAF’s level of debt is appropriate relative to its total equity, at 10.45%. CAF is not taking on too much debt commitment, which can be restrictive and risky for equity-holders. We can check to see whether CAF is able to meet its debt obligations by looking at the net interest coverage ratio. A company generating earnings before interest and tax (EBIT) at least three times its net interest payments is considered financially sound. In CAF’s, case, the ratio of 32.89x suggests that interest is comfortably covered, which means that lenders may be inclined to lend more money to the company, as it is seen as safe in terms of payback.
13/07/2018 10:38 AM
ProfitableStocksOnly Canaf Group appoints Williams to board, as CFO

2018-07-19 07:57 MT - News Release


Mr. Christopher Way reports

CANAF ANNOUNCES APPOINTMENT OF DIRECTOR AND CFO

Canaf Investments Inc., formerly known as Canaf Group Inc., has appointed Rebecca Williams as a director and chief financial officer effective today.

Rebecca, based in the UK, qualified with the Chartered Institute of Management Accounting in 2009 following a first class honours degree in Accounting and Finance from the University of Warwick, United Kingdom. Having spent 8 years progressing her accounting career with the rail industry, Rebecca diversified into corporate transformation having led divestment programmes and functional restructuring.

Rebecca joins Canaf at a time where the Corporation is looking to diversify and expand; her locality to the rest of the board, coupled with her ambition, enthusiasm and expertise will benefit the Corporation and its future plans.

The Corporation also confirms the resignation of Derick Sinclair as Chief Financial Officer and director. Christopher Way, CEO stated, "Derick leaves his position on the board, and as CFO, after having acted as Canaf's interim CFO, following the sudden passing of Zeny Manalo earlier in the year. In the short time Derick has been with Canaf, he has delivered some positive changes, and we are pleased to know that he will remain available to the Corporation as a consultant when required."

About Canaf

Canaf is a public company listed on the TSX-V Exchange. Canaf's head office is in Vancouver, Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100% of Quantum Screening and Crushing (Pty) Ltd., ("Quantum"), a South African based company that owns 100% of Southern Coal (Pty) Ltd., ("Southern Coal"), a company that produces a high carbon, de-volatised anthracite. As of 03 July 2018, Quantum agrees to sell 30% of its shares in Southern Coal for the net consideration of R18million; the transaction will close by 31 August 2018.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.
19/07/2018 10:54 AM
ProfitableStocksOnly China to invest $15 billion in South African economy

https://www.rt.com/business/434184-china-billions-investments-south-africa/

China to invest $15 billion in South African economy
Published time: 25 Jul, 2018 07:38
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China to invest $15 billion in South African economy
© Thomas White / Reuters
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Beijing has pledged to bankroll $14.7 billion in South Africa and provide the country’s power utility and logistics corporation with loans. The South African rand firmed by more than one percent on news of the investment.
The announcement followed a meeting between the two countries’ leaders President Cyril Ramaphosa and Chinese President Xi Jinping in Pretoria. Xi’s state visit took place ahead of the 10th BRICS summit, scheduled for July 25-27. South Africa's biggest city of Johannesburg is set to welcome the heads of Brazil, Russia, India, and China.

“China is ready to invest and work with South Africa in various sectors, such as infrastructure development, ocean economy, green economy, science and technology, agriculture, environment and finance,” Ramaphosa told journalists following the meeting.


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Chinese producers complained that flood of cheaper products damaging the local industry https://on.rt.com/9avb

11:00 PM - Jul 23, 2018

China launches dumping probe into steel imports from Indonesia, EU, Japan, and South Korea — RT...
China’s Commerce Ministry launched an anti-dumping investigation on Monday into stainless steel imports from four countries. Domestic producers have complained that a flood of cheaper products has...

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“We also recognized that, although trade figures have grown steadily over the past few years, bilateral trade has not reached its potential. We have thus explored avenues for increasing trade, identifying sectors for future investment and promoting tourism.”

The parties reportedly signed three major agreements aimed at strengthening mutual trade and identifying sectors for future investment. The presidents also announced plans to relax travel restrictions and loosen visa requirements.
The rand grew 1.04 percent to 13.3200 per dollar at 11:45 GMT, its firmest since Thursday.

“The rand is firming because our president is making it rain,” Wichard Cilliers, a trader at Pretoria-based Treasuryone told Bloomberg. “He has just secured another big investment, this time from China. That means new FDI inflows.”

For more stories on economy & finance visit RT's business section
25/07/2018 12:24 PM
ProfitableStocksOnly https://energy.economictimes.indiatimes.com/news/coal/chinese-investors-plan-10-billion-metallurgical-complex-in-south-africa/65165471

Chinese investors plan $10-billion metallurgical complex in South Africa
South Africa's President Cyril Ramaphosa said at a joint news conference with Xi on Tuesday that China had committed to invest $14.7 billion in the South African economy, but neither leader mentioned the $10-billion complexREUTERS | July 27, 2018, 17:31 IST
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JOHANNESBURG: Chinese investors signed agreements to build a $10-billion metallurgical complex in South Africa during President Xi Jinping's state visit this week and hope to start construction next year, an executive involved in the project and a provincial official told Reuters.

South Africa's President Cyril Ramaphosa said at a joint news conference with Xi on Tuesday that China had committed to invest $14.7 billion in the South African economy, but neither leader mentioned the $10 billion complex.

Ramaphosa is on a mission to kickstart economic growth after a decade of stagnation and is targeting $100 billion in new investment over five years.

The complex, which is still in the planning stage and envisages building a stainless steel plant, a ferrochrome plant and a silicomanganese plant, is a much-needed vote of confidence in the sputtering South African economy.

Trade and Industry Minister Rob Davies said on Tuesday that China was considering a metallurgical project in a special economic zone (SEZ), but he did not reveal the scale of the project or timeframe.

The executive involved in the project, who did not wish to be named because he was not authorised to speak to the media, said memoranda on the complex were signed before Xi and Ramaphosa gave news conference on Tuesday.

"The investors for the SEZ project were in the room when Ramaphosa and Xi spoke to the press," the executive said.

Richard Zitha, a project executive at the Musina-Makhado SEZ where the complex will be based, said the project was being led by Chinese state-owned companies, but he declined to name them.

He said the Chinese investors would look for Black Economic Empowerment partners to comply with South African rules designed to address racial disparities more than two decades after the end of apartheid.

The investors were open to investors from other countries joining at a later stage, he said.

"The investors have been in South Africa for around a week and have visited mines to look for inputs for the project," Zitha said.

The Musina-Makhado SEZ is in Limpopo province close to South Africa's borders with Mozambique, Zimbabwe and Botswana.

The SEZ plans to house plants with a capacity of 3 million tonnes per annum of stainless steel, 3 million tonnes per annum of ferrochrome and 500,000 tonnes per annum of silicomanganese. Those capacity targets are subject to change and will be finalised by the end of the year, the executive said.

A coal-fired power plant, coking plant and coal washery will be built alongside the metallurgical plants, a presentation prepared for investors showed.

Some of the steel output for the complex has been earmarked for export to China, while other products would be sold to countries in southern Africa, the executive said.

South Africa is already a major exporter of metal alloys to China.

Investors are hoping to receive the necessary environmental approvals by the end of March and would then start construction, Zitha said.
27/07/2018 11:37 PM
ProfitableStocksOnly Canaf finalizes subsidiary Southern Coal B-BBEE deal

2018-08-15 11:12 MT - News Release


Mr. Christopher Way reports

CANAF ANNOUNCES FINALISATION OF B-BBEE TRANSACTION FOR ITS SOUTH AFRICAN SUBSIDIARY

Canaf Investments Inc., formerly known as Canaf Group Inc., has finalized its new Broad-Based Black Economic Empowerment transaction for its South African subsidiary, Southern Coal Pty. Ltd.

Further to the announcement dated July 6, 2018, the corporation can confirm that Amandla Amakhulu (RF) Pty. Ltd., a 100% black, privately owned ringfenced company incorporated in South Africa, has acquired 30% of the issued shares of Southern Coal, from Canaf's wholly owned subsidiary, Quantum Screening and Crushing (Pty) Ltd., ("Quantum"), for the value of R18million (C$1.7m approx), with effective date 03 July 2018.

Quantum has in return received cumulative, redeemable preference shares in AAM in the amount of the purchase price, R18million (C$1.7million approx). These preference shares shall provide preferential dividends, until all preference shares have been redeemed by AAM. These dividends are subject to terms and conditions requiring AAM to pay Quantum such dividends from any distribution received from Southern Coal and is also subject to further protective conditions to the benefit of Quantum.

Christopher Way, Chief Executive Officer of Canaf, states, "the finalisation of the transaction with Amandla Amakhulu marks a significant milestone in a strategic plan to bring Southern Coal's B-BBEE rating in line with our customers requirements. It is with great pleasure to deliver what we have promised to our customers."

About Canaf

Canaf is a public company listed on the TSX-V Exchange. Canaf's head office is in Vancouver, Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100% of Quantum Screening and Crushing Pty. Ltd., a South African based company that owns 70% of Southern Coal (Pty) Ltd., ("Southern Coal"), a company that produces a high carbon, de-volatised anthracite.

About Southern Coal

Southern Coal produces calcined anthracite, a product used primarily as a substitute to coke in sintering processes. Southern Coal produces calcined anthracite by feeding washed anthracite coal through rotary kilns, at temperatures between 900 and 1100 degrees centigrade; the volatiles are driven off and the effective carbon content increased.

Southern Coal's two largest clients are African leaders in steel and ferromanganese production. Southern Coal operates near Newcastle, KwaZulu-Natal, where Quantum's three kilns operate; the majority of Southern Coal's feedstock anthracite is supplied from local anthracite mines in KwaZulu-Natal.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.
15/08/2018 2:42 PM
ProfitableStocksOnly Canaf announces full repayment of term loan and award of B-BBEE rating

2019-01-21 10:03 MT - News Release

Mr. Christopher Way reports

CANAF ANNOUNCES FULL REPAYMENT OF TERM LOAN AND AWARD OF B-BBEE RATING

Canaf Investments Inc.'s majority-owned South African subsidiary, Southern Coal Pty Ltd., has fully repaid a term loan. Canaf has been awarded a level 4 broad-based black economic empowerment (B-BBEE) rating.

On 07 January 2019, Southern Coal (Pty) Ltd., ("Southern Coal") the Corporation's majority owned South African subsidiary, made its final payment for the 14 million Rand loan from ABSA bank, which was drawn down in February 2015. Repayment of this loan now releases Southern Coal from monthly instalments of approximately 392,000 Rand (approx. C$37,000 or US$28,000), which the Corporation plans to allocate to future diversification or expansion projects.

On 21 January 2019, and further to the Corporation's announcement on 15 August 2018, Southern Coal was awarded a Level 4, B-BBEE rating. Christopher Way, Chief Executive Office of Canaf, states, "Achieving a Level 4 rating is a proud achievement for Southern Coal, and now frees up the company's ability to engage in long-term agreements with existing and new potential customers."

The achievement of both the repayment of debt and the award of a Level 4 B-BBEE rating further strengthens the Corporation's financial and strategic position, as it looks at new investment and expansion opportunities.

About Canaf

Canaf is a public company listed on the TSX-V Exchange. Canaf's registered office is in Vancouver, Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100% of Quantum Screening and Crushing (Pty) Ltd., ("Quantum"), a South African based company that owns 70% of Southern Coal (Pty) Ltd., ("Southern Coal"), a company that produces a high carbon, de-volatised (calcined) anthracite.

About Southern Coal

Southern Coal produces calcined anthracite, a product used primarily as a substitute to coke in sintering processes. Southern Coal produces calcined anthracite by feeding washed anthracite coal through rotary kilns, at temperatures between 900 and 1100 degrees centigrade; the volatiles are driven off and the effective carbon content increased.

Southern Coal's two largest clients are African leaders in steel and ferromanganese production. Southern Coal operates near Newcastle, KwaZulu-Natal, where Quantum's three kilns operate; the majority of Southern Coal's feedstock anthracite is supplied from local anthracite mines in KwaZulu-Natal.

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.
21/01/2019 12:32 PM
ProfitableStocksOnly CAF numbers are out. Asset/Debt ratio keeps looking better and better, yet we trade at a lower price compared to last year? Some USD/Rand fluctuations, but we know that they paid off all the bank debt in Q1 2019 so odds are another profitable quarter will be announced next month.

Year Revenue($USD) Profit/Loss $USD) Assets ($USD) Liabilities ($USD) Asset/Liability Ratio Net Asset Value ($USD)
2007 $6,193,884 -$721,465 $7,203,120 $4,822,980 1.49 $2,380,140
2008 $9,038,397 -$2,639,324 $3,134,842 $3,336,654 0.94 -$201,812
2009 $4,561,417 -$539,609 $3,270,899 $3,239,579 1.01 $31,320
2010 $11,807,383 $551,552 $3,734,633 $3,006,923 1.24 $727,710
2011 $13,336,725 $574,766 $3,704,897 $2,673,936 1.39 $1,030,961
2012 $10,882,074 $126,169 $4,029,063 $2,871,933 1.40 $1,157,130
2013 $14,969,633 $557,797 $4,141,224 $2,426,297 1.71 $1,714,927
2014 $13,257,224 $201,330 $3,597,561 $1,681,304 2.14 $1,916,257
2015 $9,156,927 -$285,218 $3,512,225 $1,881,186 1.87 $1,631,039
2016 $4,703,528 -$162,065 $2,729,318 $1,260,344 2.17 $1,468,974
2017 $10,699,117 $439,664 $3,315,232 $1,406,594 2.36 $1,908,638
2018 $14,673,658 $298,144 $4,774,437 $1,178,597 4.05 $3,595,840
28/02/2019 10:35 AM
ProfitableStocksOnly Canaf Investments earns $623,884 (U.S.) in fiscal 2018

2019-02-28 08:24 MT - News Release


Mr. Christopher Way reports

CANAF ANNOUNCES FINANCIAL RESULTS FOR YEAR ENDED 31 OCTOBER 2018

Canaf Investments Inc. has released its financial statements, and management discussion and analysis for the year ended Oct. 31, 2018.

For the year, revenue increased to $14,673,658 (U.S.) from $10,699,117 (U.S.) the previous year, and the corporation recorded a net profit of $623,884 (U.S.) in comparison to $541,808 (U.S.) the previous year. Earnings before interest, taxes, depreciation and amortization for the year was recorded at $1,028,094 (U.S.) or approximately $1.35-million.

Christopher Way, chief executive officer, states: "The annual results reflect another solid performance from the corporation's majority owned subsidiary, Southern Coal. During they year we successfully completed a strategic and important Broad-Based Black Empowerment transaction and we are now a cash-flow-positive business with zero long-term liabilities. The corporation will continue to focus its attention at making efficiencies within its South African business, as well as looking for new markets and diversification opportunities."

For more details and discussion on the results, the financial statements and management discussion and analysis can be viewed on SEDAR or the company's website.

About Canaf Investments Inc.

Canaf is a public company listed on the TSX Venture Exchange. Canaf's registered office is in Vancouver, B.C., Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing Pty. Ltd., a South African-based company that owns 70 per cent of Southern Coal.

About Southern Coal

Southern Coal produces calcined anthracite, a product used primarily as a substitute to coke in sintering processes. Southern Coal produces calcined anthracite by feeding washed anthracite coal through rotary kilns, at temperatures between 900 and 1,100 degrees centigrade; the volatiles are driven off and the effective carbon content increased.

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.
28/02/2019 11:51 AM
ProfitableStocksOnly Canaf Investments Inc. 2018 Year End Results. Financials + MD&A
Ending October 31st 2018. All information can be found at www.sedar.com

Q1 2019 result will be released end of March 2019.

TSXV Symbol: CAF - OCTBB Symbol: CAFZF

Price: $0.09
Common Shares: 47,426,195
Insider Holdings: 12,304,085 or 26% - Majority Owned By CEO & Family
Warrants/Options: 0
Website: www.canafgroup.com

Financials (All In US Dollars)

ASSETS
Cash: $552,351
Trade Receivables: $1,240,730
Sales Tax Receivable: $4,559
Inventories: $836,551
Prepaid Expenses: $21,896
Property & Equipment: $868,059
Due From Non-Controlling Interest: $1,250,290
Intangible: $1
Total Assets: $4,774,437 (2017 - $3,315,232)

LIABILITIES
Trade Payables: $1,088,227
Income Tax Payable: $11,958
Bank Loan: $78,412 - Paid Jan 2019 as per the company press release
Total Liabilities: $1,178,597 (2017 - $1,406,594)

Asset/Debt Ratio: 4.05:1

2018 Performance
Sales: $14,673,658
Gross Profit: $1,171,328
Net Income: $298,144

Canaf Investments has added $737,808USD ($959,150CAD @ 1.30 Exchange) in net income over the last 8 quarters, established new business relationships with the acquisition of their BBEEE certificate that took a long time to receive, are diversifying the company as per the MD&A below, yet the price is still where it was two years ago, thus the price/earnings ratio is also very low. It says below in the MD&A that shareholders equity was pegged at $4.6 million CAD, which is today’s current market cap value. Almost all companies on the TSX/TSXV/CSE trade far beyond this value, thus giving Canaf an even bigger discount for no reason. Read all MD&A information below as there are numerous things happening with the company in 2019. There were also one time expenses such as BBEEE and company name change that increased expenses just for 2018.

MD&A Highlights (Management Discussion)

The Corporation reports another strong year of sales and earnings with revenues for the twelve months of $14,673,658 (2017: $10,699,117) a 37.1% increase, and gross profits of $1,171,328 (2017: $1,223,110) a 4.1% decrease. Net income for the year increased 15.1% to $623,884 (2017: $541,808).

An important achievement of the Corporation during the year was the sale of 30% of Quantum’s shares in Southern Coal for 18 million Rand, which enabled, and contributed, to Southern Coal achieving a Level 4 Broad-Based Black Economic Empowerment (“B-BBEE”) rating. Achieving this rating will enable Southern Coal to engage in long-term supply contracts with its customers. The Corporation can confirm that long-term (24 month) contracts with both its existing main customers should be renewed during Q2 and Q3, 2019.

During Q1 2019, the Corporation is pleased to confirm that a trial load of its calcined product was delivered to a new potential and significant customer. Trials will be ongoing into Q2 2019, and should this convert to an ongoing supply, the Corporation feels that there is potential to return to the revenue levels of the year ended October 31, 2018.

The Corporation expects to continue to operate profitably into 2019, however management expects revenues to be significantly reduced in comparison to the year ended October 31, 2018, mostly due to global pressure on the steel and manganese markets, which subsequently filters back to demand for Southern Coal’s product.

While revenues and net income have grown, gross margin suffered as Southern Coal experienced increased costs of production primarily due to increased cost of its anthracite feedstock material. The Corporation expects its gross margins to remain squeezed into next year. In addition to pressure from suppliers, the Corporation carried out major essential maintenance and re-commissioning during the year on one of its old calcining plants.

During Q1 2019, Southern Coal made its final payment for the 14 million Rand loan from ABSA bank, which was drawn down in February 2015. Repayment of this loan now releases Southern Coal from monthly installments of approximately 392,000 Rand (approx. C$37,000 or US$28,000), which the Corporation plans to allocate to future diversification or expansion projects. As of January 2019, the Corporation has zero long-term liabilities.

Whilst the Corporation reports another profitable and financially positive year, the board can confirm that it is actively looking for new opportunities that will offer long-term growth potential for shareholders, be it related to its existing anthracite calcining operation in South Africa or another new, and un-related, sector. With zero long-term debt, a strong balance sheet, and a cash flow positive business in South Africa, the Corporation believes it is in a good position to do so. In the meantime, the Corporation will continue to grow its shareholder’s equity, which as of October 31, 2018, stands at approximately $3.5 million (C$4.6 million).
02/03/2019 1:07 PM
ProfitableStocksOnly Canaf Investments earns $187,367 (U.S.) in Q1

2019-03-26 09:53 MT - News Release


An anonymous director reports

CANAF ANNOUNCES FINANCIAL RESULTS FOR Q1 2019

Canaf Investments Inc. has released results of its financial statements, and management discussion and analysis for the three-month period ended Jan. 31, 2019.

Revenue for the quarter was recorded at $2,419,633 (U.S.) with a net income of $187,367 (U.S.) or $249,521 (Canadian) (2018 -- $187,126 (U.S.)) and an adjusted earnings before interest, taxes, depreciation and amortization of $319,241 (U.S.) (2018: $176,680 (U.S.)).

The corporation expects sales to remain as similar levels throughout the rest of the year, whilst it continues to explore opportunities to invest in new projects.

For more details and discussion on the results, the financial statements and management discussion and analysis can be viewed on SEDAR or the company's website.

About Canaf Investments Inc.

Canaf is a public company listed on the TSX Venture Exchange. Canaf's head office is in Vancouver, Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing, a South African-based company that owns 70 per cent of Southern Coal.

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.
26/03/2019 9:28 PM
ProfitableStocksOnly Canaf Investments Inc. Q1 2019 Results. Financials + MD&A
Ending January 31st 2019. All information can be found at www.sedar.com

TSXV Symbol: CAF - OCTBB Symbol: CAFZF

Price: $0.09
Common Shares: 47,426,195
Insider Holdings: 12,304,085 or 26% - Majority Owned By CEO & Family
Warrants/Options: 0

Financials (All In US Dollars)

ASSETS (Jan 31 2019)
Cash: $591,414
Trade Receivables: $1,521,001
Sales Tax Receivable: $463
Inventories: $622,443
Prepaid Expenses: $22,965
Property & Equipment: $870,984
Interest Bearing Borrowings: $1,287,458
Intangible: $1
Total Assets: $4,916,729

LIABILITIES
Trade Payables: $745,700
Sales Tax Payable: $37,844
Income Tax Payable: $84,206
Total Liabilities: $867,750

Asset/Debt Ratio: 5.67:1

Q1 2019 Performance
Sales: $2,419,633
Gross Profit: $329,519
Net Income: $187,367
Foreign Currency Gain: $401,214
Total Net Income For Q1: $588,581

2017 Net Income(after currency exchange & taxes): $439,664 USD
2018 Net Income(after currency exchange & taxes): $298,144 USD
2019 Q1 Net Income (after currency exchange & taxes): $588,581 USD
Total Net Income Added In 11 Quarters: $1,326,389 or $1,750,833 based on 1.32 exchange

MD&A Highlights

Whilst the Corporation reports another profitable and financially positive quarter, the board can confirm that it is actively looking for new opportunities that will offer long-term growth potential and stability of sales for shareholders, be it related to its existing anthracite calcining operation in South Africa or another new, and unrelated, sector.
With zero long-term debt, a strong balance sheet, and a cash flow positive business in South Africa, the Corporation believes it is in a good position to do so.

Sales for the first quarter of 2019 were low compared to the previous quarter in 2018 at $2,419,633 (2018: $3,273,213), a 26% decline, however gross profits grew to $329,519, compared with $248,562 in the same quarter in 2018, a 33% increase. Net income for the quarter remained static at $187,367 (2018: $187,126), but increased from $108,996 the previous quarter. Despite sales reducing during the quarter, gross profit margin increased due to discounted feed material being purchased during the period as well as savings made through acquisition of machinery, which subsequently reduced rental costs for the Corporation. The Corporation expects profit margins to reduce next quarter, and remain squeezed throughout the rest of the year, as Southern Coal continues to manage increased input costs.

The Corporation expects revenues to be reduced in comparison to the year ended October 31, 2018, mostly due to global pressure on the steel and manganese markets, which subsequently filters back to demand for Southern Coal’s product. During Q1 2019, the Corporation is pleased to confirm that a trial load of its calcined product was delivered to a new potential, and significant, customer. The Corporation hopes to finalise a second trial during Q2 and Q3, and should this convert to an ongoing supply, the Corporation feels that there is potential to return to the revenue levels of the year ended October 31, 2018.

During Q1 2019, Southern Coal made its final payment for the 14 million Rand loan from ABSA bank, which was drawn down in February 2015. Repayment of this loan now releases Southern Coal from monthly installments of approximately 392,000 Rand (approx. C$37,000 or US$28,000). As of January 2019, the Corporation has zero long-term liabilities.

As part of Southern Coal’s B-BBEE transformation program, Amandla Amakhulu (Pty) Ltd, (“AAM”), a 100% black, privately owned, and ringfenced, company incorporated in South Africa, acquired 30% of the issued shares of Southern Coal, from Canaf’s wholly owned subsidiary, Quantum, for the value of 18 million Rand. The financial effective date for the transaction is 01 August 2018.

Quantum in return received cumulative, redeemable preference shares in AAM in the amount of the purchase price. These preference shares shall provide preferential dividends, until redeemed by AAM. These dividends will be secured by an irrevocable direction from AAM to Southern Coal to pay Quantum such dividends from any distribution to AAM. Dividends were declared during the first quarter of $135,441.52

Expenses for the quarter were $119,276 (2018: $167,892) a reduction of $48,616, 41%, although not separately reported in Q1 of 2018 there are a significant amount of increased costs in relation to BBEEE compared to Q1 ofthis financial year.
27/03/2019 12:54 PM
ProfitableStocksOnly Canaf Investments registers South African subsidiaries

2019-04-15 10:50 MT - News Release

Mr. Christopher Way reports

CANAF ANNOUNCES NEW SOUTH AFRICAN SUBSIDIARIES

Canaf Investments Inc. has registered new South African subsidiaries as part of its growth and diversification strategy.

Canaf has registered a new wholly owned South African subsidiary, Canaf Investments Pty. Ltd., which wholly owns Canaf Estate Holdings Pty. Ltd.

The new subsidiaries have been registered as part of the corporation's strategy plans, with the intention of creating a diverse corporation focused on sustainable and long-term growth sectors within South Africa. Canaf Investments Pty. will be used to act as a holding company for new South African investment companies.

CEH will be used to invest in properties primarily within the suburbs of the old Johannesburg CBD; an area that is currently benefiting from significant investment and regeneration projects. The corporation sees investment in real estate in these suburban areas as an opportunity to acquire properties that should experience significant capital growth, whilst yielding healthy rental returns. Examples of major projects close to CEH's target area include Jewel City, Maboneng and Victoria Yards, and one of the major funds to invest in the area is Divercity, http://divercity.co.za.

The vision for CEH is to acquire, redevelop and hold properties targeting the student and affordable housing market, with the goal to purchase enough critical mass to uplift the entire area, thereby growing the capital value of the properties in the area.

The Corporation can also confirm the acquisition of CEH's first investment of approximately $150,000, which is expected to yield a 20-per-cent return when fully occupied. Funding is sourced organically through existing cash reserves and local lenders. Canaf plans to develop further opportunities using similar sources of capital.

About Canaf Investments Inc.

Canaf is a public company listed on the TSX Venture Exchange. Canaf's registered office is in Vancouver, B.C., Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing Pty. Ltd., a South African-based company that owns 70 per cent of Southern Coal.

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.
15/04/2019 1:25 PM

Posted by ProfitableStocksOnly at Apr 11, 12:00 PM
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ProfitableStocksOnly Spectra Inc. Reports Redemption of Preferred Shares
For Immediate Release – April 11, 2019
Toronto, Ontario – Spectra Inc. (SSA: TSX VENTURE) reports redemption of 100
Preferred Shares on March 31, 2019
Due to the strong results in 2018 and solid cash position at the end of the first quarter of
2019, the Corporation was able to redeem 100 Preferred Shares for $100,000 on March
31, 2019. This was three months ahead of the required redemption date of June 30,
2019.
With the 400 shares redeemed previously in 2017 and 2018 for $400,000, we will have
now redeemed $500,000 of the original balance of $750,000, leaving a remaining 250
shares with a value of $250,000 still outstanding. 125 of these shares are due for
redemption on December 31, 2019 and the final balance of 125 shares is due for
redemption on June 30, 2020.
Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North
American designer, manufacturer and distributor of Brake SafeÒ, the visual brake stroke
indicating system, Brake InspectorÒ, the company’s electronic in-cab air brake diagnostic
system and the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.
Spectra Products Inc. distributes Zafety Lug LockÒ, a lug nut retainer that uses the
resistance between wheel nuts to minimize their ability to rotate and loosen, reducing the
risk of wheel damage or wheel loss and Hub Alert™, an innovative heat sensing label that
provides an alert for overheating wheel ends, reducing the risk of bearing failure and
corresponding maintenance and repair costs.
Except for the historical information contained herein, this news release contains forward
looking statements that involve risks and uncertainties, including the impact of
competitive products and pricing and general economic conditions as they affect the
Corporation’s customers. Actual results and developments may therefore differ
materially from those described in this release.
On behalf of the Board of Directors,
Glen Campbell, Chairman, Spectra Inc.
Investor Relations: 1-800-308-5255
E-Mail: info@spectrainc.ca
Website: www.spectrainc.ca
____________________________________________________
11/04/2019 12:07 PM

Posted by ProfitableStocksOnly at Dec 27, 2:35 PM
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ProfitableStocksOnly KFG Resources to buy back up to 2.5 million shares

2019-01-10 15:52 MT - News Release


An anonymous director reports

KFG RESOURCES ANNOUNCES INTENTION TO COMMENCE NORMAL COURSE ISSUER BID

The TSX Venture Exchange has accepted KFG Resources Ltd.'s notice of intention to make a normal course issuer bid for common shares in the capital of the company through the facilities of the TSX-V. The Company intends to purchase, from time to time as it considers advisable over the 12-month period of the NCIB program, an aggregate of 2,500,000 Common Shares, representing approximately 5% of the Company's issued and outstanding Common Shares and approximately 6.15% of the Company's "public float" (as such term is defined under the TSX-V Corporate Finance Manual).

The Company may commence the NCIB on January 15, 2019 and the NCIB will terminate on the earlier of the Company purchasing a total of 2,500,000 Common Shares, the Company providing a notice of termination, or the date that is 12 months following the commencement date. All purchases will be made through the facilities of the TSX-V at market prices and otherwise in accordance with the rules and policies of the TSX-V. All Common Shares acquired by the Company under the NCIB will be subsequently cancelled. The Company has appointed PI Financial Corp. to conduct the NCIB on its behalf.

The board of directors of the Company believes that, from time to time, the market price of the Common Shares may not adequately reflect the Company's underlying value and future prospects and that, at such times, the purchase of the Common Shares represents an appropriate use of the Company's financial resources and would be in the best interests of the Company's shareholders.

The Company's Common Shares are listed on the TSX-V, Vancouver, B.C., trading symbol "KFG".

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.
10/01/2019 6:05 PM
ProfitableStocksOnly KFG Resources purchases interest in West Hazel assets

2019-02-22 07:52 MT - News Release


Mr. Robert Kadane reports

KFG RESOURCES LTD. PURCHASES PRODUCTION IN SASKATCHEWAN

KFG Resources Ltd. has completed a production purchase in western Saskatchewan. A financial partnership was formed with Hillcrest Petroleum whereby the company purchased 15 per cent of Hillcrest's position in its West Hazel assets, which amounts to 75 per cent of the total interest available. Total consideration paid by the company to Hillcrest was $150,000 (approximately $113,000 (U.S.)). Four shut-in wells are being re-entered and returned to production after being shut in for four years. It will take a few weeks to ascertain how much production will be recovered (what the daily rate from all four wells will be). In addition, other potential on the lease is being evaluated (consisting of 220 acres) and KFG Resources has the right to participate in any further development of the assets at a level equal to its current percentage of Hillcrest's ownership.

© 2019 Canjex Publishing Ltd. All rights reserved.
22/02/2019 12:44 PM
ProfitableStocksOnly October 2018 presentation from Hillcrest explaining the potential of West Hazel: https://www.youtube.com/watch?v=6NH-PzrlIX4
22/02/2019 3:01 PM
ProfitableStocksOnly KFG Insider Buying:

Filing date: 2019-02-22
Transaction: 2019-02-22 $KFG
KFG Resources Ltd Grassi, Giacomo
4 - Director of Issuer
Common Shares
10 - Acquisition or disposition in the public market $11,055
+201,000 vol
$0.055 each 1,500,000
Filing date: 2019-02-22
Transaction: 2019-02-22 $KFG
KFG Resources Ltd Haney, Kevin
3 - 10% Security Holder of Issuer, 4 - Director of Issuer
Common Shares
10 - Acquisition or disposition in the public market $3,025
+55,000 vol
$0.055 each 7,110,000
Filing date: 2019-02-06
Transaction: 2019-01-31 $KFG
KFG Resources Ltd KFG Resources Ltd.
1 - Issuer
Common Shares
38 - Redemption, retraction, cancellation, repurchase $840.00
+21,000 vol
$0.04 each 21,000
Filing date: 2019-02-06
Transaction: 2019-01-31 $KFG
KFG Resources Ltd KFG Resources Ltd.
1 - Issuer
Common Shares
00 - Opening Balance-Initial SEDI Report
Filing date: 2018-12-11
Transaction: 2018-12-10 $KFG
KFG Resources Ltd Kadane, Robert Andrews
4 - Director of Issuer, 5 - Senior Officer of Issuer
Common Shares
11 - Acquisition or disposition carried out privately $1,621.312
+50,666 vol
$0.032 each 896,668
24/02/2019 7:54 PM
ProfitableStocksOnly Hillcrest produces 150 bpd of oil at West Hazel

2019-03-21 11:06 MT - News Release


Mr. Donald Currie reports

HILLCREST OIL PRODUCTION CLIMBS

Hillcrest Petroleum Ltd.'s upgraded West Hazel production facility is in operation, as previously announced, and production started from two wells on Jan. 13, 2019, and Jan. 15, 2019, respectively. Initial fluid production rates from both wells were as expected. Production from a third well was brought on-line in early March when weather conditions softened after an extreme record-breaking cold snap.

Production over the last five days from the three wells has averaged 150 barrels per day which meets the lower production estimates the company published in its previous releases, although those estimates considered production from all four wells. Hillcrest is encouraged by the early results, which are meeting or exceeding previous estimates. The company is focused on efforts to maximize the production from the current wells and is further upgrading the potential of the injector well, which in turn, if successful, could result in higher production numbers from the current three wells. A normalized sustained production rate is expected to take another three weeks to four weeks and will be released when achieved.

Hillcrest will move to work on and start production from the fourth well once current efforts have been completed, results reviewed and a rig is available.

As previously announced, under the terms of its joint venture agreement on the West Hazel property, the company will provide 100 per cent of reactivation costs to return the field to production to earn a 75-per-cent working interest, reverting to 50 per cent after recovery of reactivation costs.

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.
23/03/2019 1:24 PM
ProfitableStocksOnly KFG April 2019 Company Presentation: http://kfgresources.com/wp-content/uploads/2019/04/KFG-Resources-Ltd.-April-2019-Company-Presentation.pdf
09/04/2019 9:33 AM

Posted by ProfitableStocksOnly at Jan 22, 9:49 AM
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ProfitableStocksOnly Spectra Inc. Reports Third Quarter 2018 Results

For Immediate Release – October 29, 2018

Toronto, Ontario – Spectra Inc. (SSA: TSX VENTURE) reports the release of its financial results for the first nine months of 2018. Revenues for the nine-month period ending September 30, 2018 were $1,601,377 compared to $1,332,592 for the same period in 2017, an increase of 20.17 percent. Revenues for the third quarter ending September
30, 2018 were $559,181 compared to $432,186 in 2017, an increase of 29.38 percent.

The third quarter ending September 30, 2018 showed a net profit of $145,065 compared
to a net profit of $56,809 for the third quarter ended September 30, 2017.
During the nine-month period ending September 30, 2018, a net profit of $386,936 was
generated compared to a net profit of $190,424 for the nine-month period in 2017.
Cash generated by operations in the nine-month period ending September 30, 2018 was
$423,643 compared to the comparable amount of $215,721 in the nine-month period
ended September 30, 2017; an increase of 96.38%.
Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North
American designer, manufacturer and distributor of Brake SafeÒ, the visual brake stroke
indicating system, Brake InspectorÒ, the company’s electronic in-cab air brake diagnostic
system and the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.
Spectra manufacturers and distributes the new Arrow Logger™ brake stroke data logger
that has been designed to enhance the performance of the Brake Safe® system. Spectra
distributes Zafety Lug LockÒ, a lug nut retainer that uses the resistance between wheel
nuts to minimize their ability to rotate and loosen, reducing the risk of wheel damage or
wheel loss and Hub Alert™, an innovative heat sensing label that provides an alert for
overheating wheel ends, reducing the risk of bearing failure and corresponding
maintenance and repair costs.
Except for the historical information contained herein, this news release contains forward
looking statements that involve risks and uncertainties, including the impact of
competitive products and pricing and general economic conditions as they affect the
Corporation’s customers. Actual results and developments may therefore differ
materially from those described in this release.
On behalf of the Board of Directors,
Andrew Malion, Chairman, Spectra Inc.
Investor Relations: 1-800-308-5255
E-Mail: info@spectrainc.ca
Website: www.spectrainc.ca
22/01/2019 9:53 AM
ProfitableStocksOnly http://bestfunds.ca/ - This is the largest shareholder of Spectra, who is now part of the subsidiary board of directors.

About BESTFUNDS:

About


Founded by John Richardson in 1996, we are a boutique Canadian venture firm with a track record spanning over 22 years. Since our inception, we have been involved with over 350 transactions, and we are proud of the portfolios we’ve built and of the achievements of our portfolio companies past and present. We are actively seeking to build on our track-record by continuing to identify tomorrow’s winning companies.



Our Focus
We invest across a broad range of sectors including cleantech and financial services. However, our focus is on emerging companies engaged in software, cloud computing, and SaaS business models. We provide growth capital to companies that are seeking to expand on the market penetration of their unique and compelling intellectual property.

We invest in equity and debt securities, but our main focus is on providing loans to growing companies. Our capital allows our clients to achieve the milestones they need to in order to drive the value of their business while minimizing dilution and leaving ultimate control in the hands of the entrepreneur.

It is our aim to help budding businesses successfully transition into public companies or to position them for a strategic sale. It is this process that creates liquidity for B.E.S.T. Funds and maximizes value for our shareholders and investors.



Accredited Investor Funds
B.E.S.T. Funds offers high-yield private placement opportunities for accredited investors seeking access to Canada’s most promising private companies in the software, cloud computing, financial services and clean tech fields.
22/01/2019 10:11 AM
ProfitableStocksOnly Spectra Inc. (SSA.V) Nine Month Results. All Information Available On SEDAR

Ticker Symbol: SSA.V
Current Price: $0.03
Common Shares: 60,509,971
Insider Holdings: 8.61% - All held by CEO
Institutional Holdings: 30% (Dynamic Venture Opportunities Fund)

Spectra Inc. has recorded 16 straight quarters of profits, with revenue increasing year over year

Most Recent Financial Statements (September 2018)
*Note* - Year End Will be out in March 2019, followed by Q1 2019 results in April

ASSETS
Cash: $353,454
Accounts Receivable: $291,734
Inventories: $196,269
Prepaid Expenses: 4,737
Total Assets: $846,194

LIABILITIES
Accounts Payable : $214,884
Royalty Debenture: $639,940
Preferred Shares: $450,468
Total Liabilities: $1,305,292

9 Month Sales
Revenue: $1,601,377
Cost Of Sales: $672,497
Gross Profit: $928,880
Total G&A Expenses: $541,944
Net Income: $386,936 or $0.0064 cents per share. Fair value at 10 times earnings is 6 cents

Management Discussion Highlights

The Company continues to focus its efforts on expanding the present market for its products while
introducing those products into new markets as well as seeking out new products to complement our
current wheel end safety offerings.

The Company’s Signature Brake Safe® product is well established in the Canadian market and is gaining
sales momentum in the lucrative American market. The Commercial Vehicle Safety Alliance [CVSA] is a
nonprofit association comprised of local, state, provincial, territorial and federal commercial motor vehicle
safety officials and industry representatives. The CVSA holds brake-focused enforcement events
throughout the year to identify and remove commercial vehicles with dangerous brake issues from the
roadways. Brakes out of adjustment continue to be the number ONE out service violation in North America
as evidenced this year during International Roadcheck and Operation Air Brake.

A program has been developed to educate companies of these enforcement changes and the resulting
increased intervention by regulatory agencies in order to capitalize on sales opportunities for Brake Safe.
The Company’s Termin-8R® product continues to receive strong industry acceptance with a corresponding
growth in sales to the transportation segment. The private label arrangement made for a leading supplier to
the commercial transport industry is proving to be an excellent performer.

The Company will continue to form strategic distribution alliances in the United Sates to accelerate its
wheel end safety product sales outside the Canadian marketplace.

The Company may seek sufficient additional funds to provide working capital, inventory and capital
equipment as needs arise, but at the moment, cash flow from operations
22/01/2019 10:34 AM

Posted by ProfitableStocksOnly at Oct 7, 6:54 PM
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ProfitableStocksOnly Washington State Card Room & Casino Statistics Sheet

**Note** - As per WSGC website, due to staffing shortages, Q4 2016 is the most recent statistics from card rooms that they have.

At the end of 2016 there were 65 card room casinos in the state of Washington. Dawn Mangano joined Evergreen Gaming Corporation in June 2017.

TNA Casinos – Riverside, Palace, Goldies, Chips,
Dawn Mangano Prior Casinos – Macau, Caribbean(Casino & Card Room)

Statistics Link: http://www.wsgc.wa.gov/docs/statistics/cardroom-gross/2016-4.pdf

Out of 65, this is where TNA’s and Dawn’s casinos ranked:

Dawn’s Prior Casinos:
Macau Casino - #3 of 65
Caribbean Casino - #8 of 65
Caribbean Card Room - #42 of 65

Evergreen Gaming Casinos:
Riverside Casino - #6 of 65
Goldies Casino - #11 of 65
Palace Casino - #16 of 65
Chips Casino - #23 of 65

What this shows is Dawn Mangano was able to run casinos quite well and out of the 65 listed on the sheet, two of them placed under 10. Compared to Evergreen Gaming which only had one placed under 10. Three quarters have gone by and things could be different, but I believe Dawn will play a huge role in Evergreen Gaming’s growth.

Another important note since some individuals have been worried about online gambling being a hindrance to Evergreen’s growth:

Internet Gambling Prohibited In Washington: http://www.wsgc.wa.gov/publications/brochures/5-165-internet-gambling-brochure.pdf
17/10/2017 3:47 PM
ProfitableStocksOnly Nice article from Simply Wallstreet. Looking forward to seeing TNA's Q3 results end of November and by then their $2 million Tukwila property sale (currently pending) should be completed. I am estimating that the company will earn at least $500,000 US profit. Their Q3 is always a bit slower and I am being very conservative on the earnings, especially after making over $1 million USD last quarter. Their Q1 profit $377,000 net income but that was also hurt by Tukwila still in operation at the time.

https://simplywall.st/news/2017/10/29/evergreen-gaming-and-other-great-cheap-stocks/

Evergreen Gaming Corporation (TSXV:TNA)
Evergreen Gaming Corporation engages in the gaming operations in the United States. Evergreen Gaming is run by CEO Dawn Mangano. With the company’s market capitalisation at CAD CA$17.95M, we can put it in the small-cap group

TNA’s shares are currently trading at -22% beneath its true level of $0.17, at a price tag of $0.14, based on my discounted cash flow model. This mismatch signals an opportunity to buy TNA shares at a discount. In addition to this, TNA’s PE ratio stands at 7.2x compared to its hotels, restaurants and leisure peer level of 19.4x, indicating that relative to its comparable company group, we can invest in TNA at a lower price. TNA is also in good financial health, with short-term assets covering liabilities in the near future as well as in the long run. It’s debt-to-equity ratio of 52% has been diminishing for the past few years demonstrating TNA’s ability to pay down its debt.
30/10/2017 1:22 PM
ProfitableStocksOnly TNA Earns $1.5 Million USD In Q1 2018

TNA.V Q1 2018 Results (Ending March 31st 2018)
All Numbers Are In US Dollars. Information from SEDAR

Price: $0.20
Common Shares: 124,716,865
Insider/Institutional Holdings: 95,967,855 or 77.51%

Financials

ASSETS (USD)
Property & Equipment: $8,916,932
Goodwill: $6,435,481
Trademarks: $1,185,000
Game License: $55,467
Deposits: $36,678
Inventories: $170,905
Receivable: $19,963
Other Assets: $93,404
Restricted Cash: $3,326,656
Cash: $8,431,973
Total Assets: $28,672,459

LIABILITIES (USD)
Deferred Tax: $279,000
Notes Payable: $5,504,185
Trade Payable: $6,013,996
Current Note Payable: $275,647
Total Liabilities: $12,072,828

Q1 2018 Performance
Sales: $10,174,943
Net Income: $1,482,979

Earnings per share in Q1: $1,482,979 * 1.30(CAD) / 124,716,865 = $0.0155c EPS
Prior Quarters - Revenue Breakdown per quarter

Date – Sales – Net Income
2014 - $30,555,757 - $2,720,669 USD
2015 - $33,338,543 - $3,933,883 USD
2016 - $33,187,853 - $1,909,408 USD
2017 - $35,609,459 - $3,032,901 USD
2018 - $10,174,943 - $1,482,979 USD

Management Discussion Highlights

Net revenues for the quarter ended March 31, 2018 were $10,174,943, an increase of $1,944,969 compared to the same period in the prior year. Table games revenue increased by approximately $1,381,000 as a result of gaming dollars dropped being 21.1% higher than the same period last year, and the hold percentage was up slightly by .1%. Poker revenue increased by approximately $456,000 as a result of making the Palace Lakewood all poker tables effective February 1, 2018. Operating expenses were $8,245,859 in the quarter ended March 31, 2018 compared to $7,620,589 in the prior year quarter. Labor and benefits expenses decreased slightly by approximately $11,000. This decrease was primarily due to the closure of the Palace Tukwila that took place on February 4, 2017. The decrease was offset by the increase in the minimum wage that went from $11.00 to $11.50 effective January 1, 2018. Marketing and administrative increased approximately $356,000 which was primarily due to marketing expenses increasing approximately $420,000 offset by a decrease in management fees of $75,000. The increase in marketing expenses consisted of $207,000 at the Palace Lakewood and $213,000 at the other locations. The Palace Lakewood increase was the result of promoting the location as an all poker facility. The management expenses decreased as the result of terminating the management agreement with Michels Management Services effective December 31, 2017. Gaming taxes and license expenses increased approximately $215,000 as a result of the increased gaming revenue.

The Company’s cash at March 31, 2018 was $11,758,629, compared to $10,043,965 at December 31, 2017. These amounts include “Restricted Cash” balances of $3,326,656 and $2,975,946 respectively. “Restricted Cash” balances are jackpot funds held for prizes being offered at the casinos. Cash provided by operating activities for the quarter ended March 31, 2018 was $1,838,039 compared to $1,250,501 for the quarter ended March 31, 2017.

The Company’s assets at March 31, 2018 totaled $28,672,459 compared to total liabilities of $12,072,828. At December 31, 2017, total assets were $27,062,630 compared to total liabilities of $11,945,978.

Net revenue increased to $10,174,943 in the quarter ending March 31, 2017 compared to $9,413,335 in the quarter ending December 31, 2017. Gaming dollars dropped increased 3.4% in the current quarter and the hold percentage increased 0.7% compared to the quarter ending December 31, 2017. Operating expenses in the quarter ending March 31, 2018 were $8,245,859 compared to $8,394,959 in the prior quarter. Labor and benefits expense decreased approximately $112,000 in the quarter ending March 31, 2018 compared to the prior quarter. This decrease was primarily due to labor and benefits expense at Palace Lakewood decreasing approximately $154,000 as a result of converting the location to all poker on February 1, 2018.
17/05/2018 5:44 PM
ProfitableStocksOnly Looks like resistance has hit this stock over the last month despite decent earnings. Starting to unload my position and take the 100%+ gain and purchase AXM.V and CAF.V since they are half the price with more potential than TNA.V. Getting two stocks for the price of one is always a good deal and great diversification strategy. What the market has taught us is despite the venture at a three year low, earnings based companies continue to go up. The losses are coming from Marijuana/Crypto and speculative companies that have no capital to work with. Thus buying small caps that generate free cash flow cannot lose in these turbulent times. But AXM being in gold and CAF in coking coal used for steel, these two metals are highly sought after right now.
17/07/2018 2:25 PM
ProfitableStocksOnly TNA announcing today that it's going to sell itself. This was obvious given the growth of the company and lack of interest in promoting it. Purpose was to clean up the balance sheet since 2013 and then sell it off since insiders own around 75% of the stock. I started posting about this stock in 2017 and in less than 2 years it's gone from $0.04 to $0.34 with a steady rise. The next big stock I have been adding is AXM.V(Axmin Inc) or AXMIF on the US side. Axmin Inc has a proven resource and could do the same thing TNA did, go up 10 fold over the next couple years as the company is getting back a proven gold mine that is worth several times the current market cap. Not only that, it's cash flow postive like TNA from a royalty it owns in Senegal and heavy insider ownership.

News below:

Evergreen Gaming in talks to sell itself

2019-01-09 07:56 MT - News Release


Mr. Clive Forth reports

CORPORATE UPDATE

Evergreen Gaming Corp. has entered discussions with a third party that has expressed an interest in buying the company. No definitive terms have been agreed to, no formal agreements have been executed and there can be no assurance that the discussions will be concluded, any definitive agreement will be entered into or any transaction will be consummated. The company does not expect to provide further information or updates until a definitive agreement has been entered into or discussions between the parties have been terminated.


© 2019 Canjex Publishing Ltd. All rights reserved.
09/01/2019 11:14 AM

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catch2422 okay
03/08/2018 3:35 AM

Posted by ProfitableStocksOnly at Jul 4, 2:48 PM
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ProfitableStocksOnly Plaintree earns $2.54-million in fiscal 2018

2018-07-30 14:11 MT - News Release


Mr. David Watson reports

PLAINTREE SYSTEMS INC. RELEASES FISCAL 2018 AUDITED RESULTS

Plaintree Systems Inc. has just completed a profitable year.

The Company filed today its audited consolidated financial statements and management discussion and analysis for the year ended March 31, 2018.

For the year ended March 31, 2018, the Company posted after-tax profit of $2,547,514 as compared to a loss of $(2,639,634) and revenue of $19,005,680 as compared to revenue of $12,844,110 for the 2017 fiscal.

"2018 was an excellent year for Plaintree with sales increasing by 48%. We are excited to announce that this dramatic sales growth combined with the divestiture of the Firetrucks division, had earnings increase by over $5 million.

It's important to explain that, starting in fiscal 2014 through fiscal 2016, the market for all of Plaintree's product lines were either stagnant or declining, said David Watson, Plaintree CEO. The Mining industry went into almost complete hibernation, the Aerospace industry began its cyclical move to offshore as much as possible and funding for firetrucks by municipalities continued to languish at lower than expected levels. This all began to change in fiscal 2017. Commodity prices finally began to recover and the Aerospace industry began its phase of reshoring its manufacturing.

This has not only provided us with the excellent 2018 results but also given us a favourable backlog to begin fiscal 2019."

About Plaintree Systems Inc.

Plaintree has two diversified product lines consisting of Specialty Structures and Electronics.

The Specialty Structures Division includes the former Triodetic Group with over 40 years of experience, is a design/build manufacturer of steel, aluminum and stainless steel specialty structures such as commercial domes, free form structures, barrel vaults, space frames and industrial dome coverings, Spotton Corporation, a design and manufacturer of high end custom hydraulic and pneumatic valves and cylinders and Madawaska Doors, a design and manufacturer of premium solid wood doors.

The Electronics Division includes the legacy Hypernetics and Summit Aerospace USA Inc. businesses. Hypernetics was established in 1972 and is a manufacturer of avionic components for various applications including aircraft antiskid braking, aircraft instrument indicators, solenoids, high purity valves and permanent magnet alternators. Summit Aerospace USA Inc. provides high precision machining to the aerospace and defense markets. Our facility includes 5 axis CNC precision machining of complex castings and large ring parts such as turbine and assembly shrouds as well as assembly & pressure seals. Summit will support requirements from concept, prototype and throughout production.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.
30/07/2018 4:39 PM

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SANTHRAN Hi Guys, I'm a beginner; expecting some guide from Seniors. Please guide me.
13/01/2013 8:35 AM
20/02/2014 12:20 PM
188144938604634 Post removed. Why?
01/02/2018 8:54 PM


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