Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $640,500. Under the terms of the private placement, the Company has issued 3,202,500 Units (the “Units”) at CAD $0.20 per […]

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $1,500,000. Under the terms of the private placement, the Company will offer for sale up to 7,500,000 Units (the “Units”) at CAD $0.20 per Unit. The Company […]

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce that it has sold its placer mining tenures in the Atlin, B.C. mining camp to Altan Mining Ltd., of Delta, B.C. (“Altan”). The tenures sold were comprised of Placer Lease 361733, Placer Claim 350665 and Placer Claim 379882 (collectively, […]

Vancouver, British Columbia — The following bulletin was released by the TSX Venture Exchange: African Queen name change to Desert Mountain, rollback African Queen Mines Ltd (C:AQ) Shares Issued 114,216,051 Last Close 4/6/2018 $0.03 Friday April 6 2018 – Change Name, Roll Back Shares Also Desert Mountain Energy Corp (C:DME) New Listing Pursuant to a […]

Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that its wholly-owned U.S. subsidiary DESERT ENERGY CORP (“Desert Energy”) has now entered into a definitive agreement with SEMINOLE PRODUCTIONS LLC, an Oklahoma private company (“Seminole”), pursuant to which Desert Energy will acquire the Kight Gilcrease Sand Unit oil and gas […]