TORONTO, ONTARIO -- (Marketwire) -- 05/31/11 -- AXMIN Inc. (TSX VENTURE: AXM) ('AXMIN' or the 'Company') is pleased to announce that its Annual and Special Meeting of Shareholders (the 'Meeting') will be held in the Rideau/St Lawrence Rooms at the offices of the Company's counsel, Fasken Martineau DuMoulin LLP, 24th Floor, Bay Adelaide Centre, 333 Bay Street, Toronto, Ontario, M5H 2T6, Canada on Tuesday, the 28th day of
TORONTO, ONTARIO -- (Marketwire) -- 05/11/11 -- AXMIN Inc. (TSX VENTURE: AXM) announces that it has issued 149,466, common shares of AXMIN as payment for services to a consultant to the Company at a deemed price per share of $0.11, which was the 15-day weighted average trading price ('VWAP').
TORONTO, ONTARIO -- (Marketwire) -- 05/09/11 -- AXMIN Inc. (TSX VENTURE: AXM) ('AXMIN' or the 'Company') is pleased to announce the appointment of Mr. Graham Hill to the position of Chief Operating Officer ('COO'), effective today. The appointment is another major milestone for AXMIN on the road to mine development, and is key to maintaining momentum at Passendro as the Company advances the debt facility negotiations.
TORONTO, ONTARIO -- (Marketwire) -- 05/05/11 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to announce that Teranga Gold Corporation (TSX: TGZ) ('Teranga'), formerly Mineral Deposits Limited, has released an exploration update on AXMIN's Senegal Permits, which are the subject of a joint venture between Teranga and AXMIN. The complete May 2, 2011 press release can be found on Teranga's website www.terangagold.com. In the
TORONTO, ONTARIO -- (Marketwire) -- 03/24/11 -- AXMIN Inc. (TSX VENTURE: AXM) announces that for the one month period ending March 21, 2011 it has issued 70,828 common shares of AXMIN as payment for services to consultants to the Company at a deemed price per share of $0.15, which was the 15-day weighted average trading price ('VWAP').
AXMIN Inc. is pleased to announce that today it has filed the revalidated feasibility study summary report with respect to the Passendro Gold Project located in the Central African Republic, the results of which were released on January 31, 2011. A copy of the NI 43-101 compliant report has been filed with securities and regulatory authorities in Canada and can be found on both the SEDAR website at
TORONTO, ONTARIO -- (Marketwire) -- 03/17/11 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to announce the key objectives of the 2011 exploration program. These are:
-- The enhancement of AXMIN's resource base at Passendro, targeting untested strike and depth extensions which are situated within or at close proximity of the newly defined reserve, with the goal of connecting existing pits and increasing the
TORONTO, ONTARIO -- (Marketwire) -- 02/17/11 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to announce that it has entered into an agreement (the 'Agreement') with Professor Alex du Plessis, a specialist in the design, development and operation of surface and underground mines globally. Under the Agreement, Alex du Plessis will provide advisory services required during the development of the Passendro Gold Mine and will
TORONTO, ONTARIO -- (Marketwire) -- 02/15/11 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to announce that it has closed its previously announced acquisition of the minority interest in the Nimini Hills East and West licences (Komahun Gold Project), thereby increasing AXMIN's ownership in the Project to 100%. As consideration for this acquisition the Company has issued today an aggregate of 4,388,370 common shares of
TORONTO, ONTARIO -- (Marketwire) -- 02/02/11 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to report that it has agreed to acquire the minority interest in the Nimini Hills East and West licences (Komahun Gold Project) held by Eldorado Gold Corporation ('Eldorado') and Flaxman Corporation NV ('Flaxman'), thereby increasing AXMIN's ownership in the Project to 100%. As consideration for this acquisition, subject to TSX
TORONTO, ONTARIO -- (Marketwire) -- 01/31/11 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to announce the on schedule completion of the revalidated feasibility study ('FS') for its 100% owned Passendro Gold Project in the Central African Republic ('CAR'). The first three years provide an average annual production of 205,000 ounces with an average cash cost of US$437/oz, resulting in a rapid project payback of 2.2 years
TORONTO, ONTARIO -- (Marketwire) -- 01/12/11 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to report that it has profitably disposed of 9.6 million shares of Copper Development Corporation (AIM: CDC) for net proceeds of approximately C$4.3 million. The sale represents AXMIN's entire position in CDC and helps to further strengthen the Company's financial position. This transaction followed CDC's successful listing on the