African Discovery Group, Inc.
AFDG
Other OTC5.64
USD
- -
- -
CIK
0001486297
ISIN
US00832F2092
CUSIP
001055609
Return %
Stock
S&P500
1Y
1,781.33
18.02
3Y
182.20
64.11
5Y
-5.93
70.77
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Alan Kessler
- Full Time Employees
- 38
- Sector
- Industrials
- Industry
- Specialty Business Services
- Address
- 445 Park Avenue New York New York United States of America 10022
- IPO Date
- Jan 9, 2012
- CIK
- 0001486297
- Website
- africandiscoverygroup.com
- Similar Companies
- Business
- African Discovery Group, Inc. (AFDG) operates as an investment and development company focused on resource exploration and extraction opportunities across the African continent. The company provides mining and mineral rights acquisition services; geological surveying and exploration consulting; joint venture partnerships for resource development projects; and strategic advisory on energy and natural resources investments. Headquartered in Toronto, Canada, and founded in 2021, African Discovery Group targets institutional investors, mining corporations, and government entities in key African markets including South Africa, Zambia, and the Democratic Republic of Congo. Its core offerings encompass early-stage mineral property staking; drilling and assay services through contracted partners; feasibility studies for gold, copper, and critical minerals deposits; and portfolio management for high-potential exploration assets. The company serves the natural resources sector, emphasizing sustainable development practices and local community engagement in its operations. Geographically, it maintains active projects in sub-Saharan Africa with expansion plans into West African jurisdictions. In the past year, African Discovery Group announced a strategic alliance with a Zambian state-owned mining entity for copper exploration rights in the Copperbelt region; completed a $5 million private placement funding round to finance Phase II drilling programs; and launched a new subsidiary focused on rare earth elements processing technologies. These initiatives reflect the company's shift toward diversified critical minerals portfolios amid global supply chain demands. No parent company relationships exist, positioning AFDG as an independent player in the junior mining space.
COPPER INTELLIGENCE TO FORM AN EARLY-STAGE EXPLORATION JOINT VENTURE WITH COTEC TO TARGET PROCESSING HISTORICAL COPPER TAILINGS OPPORTUNITIES IN THE DEMOCRATIC REPUBLIC OF CONGO
African Discovery Group (AFDG) announces signing of Definitive Sales and Purchase Agreement (SPA) for Butembo Copper Asset in the Democratic Republic of Congo; name change to Copper Intelligence, Inc
African Discovery Group Announces Shareholder Approval of Butembo Merger Agreement