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flag African Energy Metals agrees to potentially acquire Peru's Niñobamba gold and silver project from Rio Silver Inc.

flag African Energy Metals has entered into an agreement with Rio Silver Inc. to potentially acquire a 100% stake in Rio Silver's Niñobamba gold and silver project in Peru. flag African Energy Metals will pay CAD$260,000 initially and up to US$2 million more over time, with US$500,000 designated for advance royalty payments. flag The deal is subject to exchange approvals and includes Rio Silver providing operational support for a year.

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