Axmin Inc. announces the following: Arbitration White & Case LLP, the Company's legal counsel, delivered a letter to the Ministère des Mines et de la Géologie of the Central African Republic to invite them to agree on an expert required to move forward with the dispute with respect to the Company's Passandro and other properties in the CAR that were confiscated. The ability to settle disputes by way of arbitration is [...]
Axmin Inc. is pleased to announce that Mr. John Gravelle has joined its board of directors and Mr. Jimmy Xiaolong Li has been appointed as the Interim CFO, both effective on August 28, 2023. Board and Management Update Mr. Gravelle has board of directors' experience with several Toronto Stock Exchange , Canadian Securities Exchange and TSX Venture Exchange mining companies, and is currently a director of [...]
Axmin Inc. announces that it is not proceeding at this time with the non-brokered private placement of up to 10,000,000 common shares at C$0.05 per share previously disclosed in the Company's new releases dated March 28, 2023, May 11, 2023 and June 9, 2023. This press release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction [...]
Axmin Inc. is providing the following corporate update. Private Placement In connection with the non-brokered private placement of up to 10,000,000 common shares at C$0.05 per share previously disclosed in the Company's new releases dated March 28, 2023 and May 11, 2023, the Company has applied to the TSX Venture Exchange for a further 30-day extension of price protection in order to complete the Offering. Closing of the [...]
Axmin Inc. announces that in connection with the non-brokered private placement of up to 10,000,000 common shares at C$0.05 per share originally announced in the Company's press release of March 28, 2023, the Company has applied to the TSX Venture Exchange for a 30-day extension of price protection in order to complete the Offering. Closing of the Offering is subject to receipt of all necessary corporate and regulatory [...]
Axmin Inc. is pleased to announce a non-brokered private placement of common shares of the Company at C$0.05 per share, up to approximately C$500,000 . No insiders will participate in the Offering. The net proceeds from the Offering will be used for the Company's working capital and general corporate purposes. The Offering is expected to close on or about April 30, 2023 or such other date as the Company may determine [...]
Axmin Inc. announces that the mediation process conducted with the government of the Central African Republic in relation to AXMIN's mining license and two exploration permits for the Passendro Gold Asset has ended without a satisfactory resolution. As previously announced on July 8, 2022, AXMIN agreed to final mediation with the government of the CAR. After numerous delays on the part of the government of the CAR, the [...]
Axmin Inc. is pleased to announce that it has agreed a second and final mediation process regarding the Passendro Gold Asset in the Central African Republic to rectify the mining license and two exploration permits or agree monetary damages to take place later this month in Abidjan, Ivory Coast. As stated previously the President of CAR Mr Faustin-Archange Touadera gave a mandate to Mr Arnaud Djoubaye-Abazene the Minister [...]
Axmin Inc. is pleased to announce that, further to its news release dated April 13, 2022, the Company has completed a non-brokered private placement of 7,000,000 common shares of the Company at a price of C$0.03 per Common Share for gross proceeds of approximately C$210,000. The Company intends to use the net proceeds of the Offering for the Company's working capital and general corporate purposes. All Common Shares [...]
Axmin Inc. is pleased to announce a non-brokered private placement of common shares of the Company at C$0.03 per share, up to approximately C$250,000 . The net proceeds from the Offering will be used for the Company's working capital and general corporate purposes and funds will not primarily be used to pay management fees or for Investor Relations Activities. The Offering is expected to close on or about May 27, 2022 [...]
Axmin Inc. is pleased to announce a progress report on the mediation process that was initiated by the Company regarding the Passendro Gold Project in the Central African Republic to rectify the mining license and two exploration permits, as previously publicly disclosed by the Company including in "Operations - Central African Republic - Passendro Gold Project" in the Company's Management's Discussion and Analysis - Six [...]
Axmin Inc. announces that, further to its news release dated April 27, 2020, the Company is expecting to file its audited financial statements and management discussion and analysis for the year ended December 31, 2019 by the extension date of June 15, 2020 pursuant to Canadian Securities Administrators and BC Instrument 51-515: Temporary Exemption from Certain Corporate Finance Requirements and continues to work [...]
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