To become one of the most respected and diversified capital investment and management company in Canada by delivering significant financial returns to shareholders and measurable, innovative, ecologically friendly improvements to communities.

    Leveraging our unique global network to create value for our shareholders through diversified worldwide capital investments and sound management with positive and sustainable impact on the communities in which we operate.
  • Our approach

    Our approach: We believe that in addition to operating a responsible and ethical business, we can make a broader contribution to the communities, regions and nations in which we operate, thereby strengthening society. By strengthening and building more resilient societies, we are helping create a sustainable future.
  • Social investment
    We have a responsibility to make a positive contribution to sustainable development and have a longstanding commitment to social investment - to invest one per cent of our pre-tax profits in programs that aim improve the quality of life for people around the world.

    WAI Capital Investments Corp. is dedicated to uphold the highest standards of integrity, ethics and respect in regards to its investors, employees and the environment through mutual collaboration and loyalty among its investors, employees and the communities in which we operate.
  • WAI Capital Investments Corp.
    Is a global mining company, transforming natural resources into prosperity.
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West African Iron Ore Corporation Financial and Corporate Update


    Update on Finances

    During the first 8 months of 2014, the Company has continued its discussions with international funds, financial institutions and major mining companies in order to complete both short term and long term financings. In the interim, SKY ALLIANCE RESOURCES, INC. ("SARI") is still funding the Company under an unsecured convertible debenture financing agreement dated May 10, 2013.

    Changes to the Board of Directors

    The Company also announces that Mr. Jorge Cantonnet stepped down as Chairman of the Board however, will remain under consultancy agreement, advisor to the Board, for all matters related to the Gulf Cooperation Countries ("GCC"). Mr. Cantonnet is replaced with immediate effect by Mr. Philippe Fackler. Mr. Philippe Fackler is the Founding Partner of Drake & Bart, which he founded in 2004. From 2001 to 2004, Philippe served as the Director in charge of the Energy, Chemistry, and Utilities unit at Ernst & Young Corporate Finance in Paris, France. He was also part of Mergers and Acquisitions at Gaz de France and held several positions at Framatome and Cogema. Philippe has served as an advisor to governments, financial institutions, and leading energy and mining companies in Africa, including the Niger Ministry of Mines and Energy, the Chad Oil Ministry, the Congo Finance Ministry, Société Générale, Petronas, Murphy Oil Company, among others. Philippe was instrumental in drafting the oil legislation and profit sharing agreements for the Niger and Chad government. He has a Doctorate in Astrophysics from Paris University and an MBA from HEC in Paris.

    Update on Technical Report

    As previously stated in our press release dated May 1st 2014, the Company will release its technical report and resource estimates when it is in a position to do so. The report is expected to provide a resource estimate for three commodities Iron Ore, Alumina and Silica.

    About the Company

    • West African Iron Ore Corporation is dedicated to the sustainable development of its mineral resources in the Forécariah provinces of the Republic of Guinea. We nurture a harmonious working relationship with the local community and the Guinean authorities. We advocate the minimization of environmental impact and the promotion of economic opportunity for all our stakeholders.
    • Jonathan Challis, FIMMM, is a qualified person under National Instrument 43-101, and has reviewed and is responsible for the contents of this news release.

    Guy Duport

    Statements in this release that are forward-looking statements are subject to various risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates and that the resource potential will be achieved on exploration projects, currency fluctuations, dependence upon regulatory approvals, the uncertainty of obtaining additional financing and exploration risk. Readers should also refer to the specific factors disclosed under the heading "Risk Factors" in the Company's filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume any obligation to update any forward-looking statements, save and except as may be required by applicable securities laws.
    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Date: 27.08.2014