AfriOre Ltd. was a minerals exploration company with gold and PGM projects and was engaged in the acquisition, exploration and development of resource properties in Africa and elsewhere. AfriOre was ultimately sold to Lonmin Plc. in 2007 for approx CAD $450M. PowerOne was a member of the syndicate raising CAD $7,000,000 in its early stages of operation.
This announcement as a matter of record only