Auxico Resources Canada Inc.

Auxico Resources Canada Inc. is pleased to announce gold, platinum, titanium, zirconium and hafnium test results on samples taken from the Area 50, TA Area and two other areas from the Company-controlled Minastyc property in the department of Vichada, Colombia. The samples were taken from pits in the first metre from surface, and in a Ferricrete formation that is pervasive in several areas on the property. Fourteen [...]

Auxico Resources Canada Inc. is pleased to announce the sales agency agreement with Central America Nickel with regard to the exclusive trading rights for rare earth concentrates currently being exported from the Democratic Republic of Congo. The first shipment of 98 tonnes of rare earth concentrates from the DRC has been exported by CAN as of March 10, 2022 at an average price of US$ 5,700 per tonne. CAN has obtained all [...]

Auxico Resources Canada Inc. is pleased to announce the completion of a National Instrument 43-101 Technical Evaluation Report on the Minastyc Property in Vichada, Colombia. The Report is being filed today on SEDAR and will be uploaded shortly thereafter on Auxico's website. Provided below are highlights from the Report: In August of 2021, Joel Scodnick, P.Geo., & Qualified Person for Auxico took a representative 3.2 [...]

Auxico Resources Canada Inc. is pleased to announce that it has closed a non-brokered private placement, issuing a total of 2,062,776 units at a price of $0.90 per Unit raising gross proceeds of $1,856,500. This Private Placement is the second tranche of a $3,627,700.00 financing authorized by the Board of Directors of Auxico. Each Unit consists of one common share of the Company and one-half of one common share purchase [...]

Auxico Resources Canada Inc. is pleased to provide the results of the metallurgical testing done on the samples from the Massangana project located in the state of Rondonia. The Massangana properties cover an area of 18,000 hectares and have been the object of important tin production over the last 100 years. The Massangana project contains 30 million tonnes of tailings, as estimated by a study titled 'Investigation of [...]

Auxico Resources is pleased to announce that it has closed a non-brokered private placement, raising aggregate gross proceeds of $3,900,000 in convertible debentures. Each Debenture consists of $1 principal amount of unsecured, non-redeemable 10% convertible debentures, maturing on March 11, 2023 and convertible at the option of the Debenture holder into common shares of Auxico at a conversion price of $2.50 per Common [...]

Auxico Resources is pleased to announce that it filed yesterday its audited annual financial statements and corresponding management's discussion and analysis for the year ended Sept 30, 2021, including the CEO and CFO certifications. The year ended September 30, 2021 is the first year in which the Company generated revenues from the sale of commodities, which amounted to $768,544. The cash position of the Company is [...]

Auxico Resources Canada is providing an update to its previously disclosed management cease trade order, announced on January 28, 2022, in respect of the audited annual financial statements and corresponding management's discussion and analysis for the year ended September 30, 2021, including the CEO and CFO certifications that were not filed by the required filing deadline of January 28, 2022 . As previously disclosed [...]

Auxico Resources Canada Inc. is pleased to announce that, as a result of a recent sampling program conducted by Joel Scodnick, the Company's Qualified Person, the Company has decided to sign a joint venture agreement for the acquisition of a 70% interest in the Luz Angelica property located in the municipality of Concepcion, in the province of N?uflo de Chavez, in the region of Santa Cruz in Bolivia. The recent due [...]

Auxico Resources Canada announces that its annual consolidated financial statements for the year ended Sept 30, 2021, including the related management discussion and analysis, and CEO and CFO certifications will not be filed by the required filing deadline of January 28, 2022. The Annual Financial Filings will not be filed on or before the Filing Deadline due to the fact that there have been delays in receiving certain [...]