AXMIN is a Canadian-based gold exploration company with projects in the Central African Republic (“CAR”), and a royalty agreement with Teranga Gold in Senegal. The royalty income from the Gora deposit in Senegal has allowed the company to become both profitable and cash flow positive during recent years due to managements’ actions to reduce costs and improve the Company’s balance sheet. The main focus of Axmin at this time is to develop the Passendro Gold Project in the CAR as soon as the security situation in country allows it. While the situation remains difficult, the management of Axmin is starting to see positive developments in the CAR. The Company believes that the duly elected government working with MINUSCA will in time bring stability to the country and specifically to the region around Ndassima where the main asset is located. Management remains in close communication with the senior ministers and officials of the government both in Bangui and locally in Bambari and look forward to the time when the Company may reclaim the site to become operational again. http://www.axmininc.com/
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#AXM#AXMIF#A4JN#Gold#Gold Mining#Gold Exploration#Mineral#Minerals#Invest#Investing#TSX#TSXV#TSX Venture#Venture#Small Cap#Africa#Canada#Senegal#Central African Republic#Business#Company
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#Axmin#Axmin Inc#AXM#AXMIF#News Release#Press Release#Small Cap#Gold#Gold Mining#Passendro#Ndassima#Central African Republic#Mineral#Minerals#Resource#Resources#Metal#Metals#Au#Public Company#TSX#TSXV#TSX Venture#Venture
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#axm#axmif#axmin#axmin inc#gold#gold mining#mining#CAR#Central African Republic#Passendro#Small Cap#Public Company#Business#Deal#Minerals#Resources
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AXMIN Grants Stock Options
#axmin#axmin inc#AXMIF#A4JN#AXM#Small Cap#Gold#Gold Mining#Gold Exploration#Mineral Exploration#Mineral#Minerals#TSX#TSX Venture#Venture#Public Company#Central African Republic#Africa#Canada#Senegal#News Release
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#centralafricanrepublic#Peace#peace deal#support#care#help#DDRR#UN#MINUSCA#FACA#EU#European Union#AU#African Union#Security#Safety#new beginnings#disarmament
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#axmin#axmin inc#axmif#axm#gold#gold mine#gold miner#gold mining#central african republic#senegal#canada#africa#small cap#growth#public#public company#tsx#tsxv#tsx venture#venture
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Wed 17/04/2019 - 12:00
The Minister in charge of Mines and Geology, Leopold MBOLI FATRAN conferred on 17 April in Bangui with the Vice Governor of the Chinese Province of FUJIAN on a working visit of a few days in the Central African Republic.
#central african republic#CAR#China#Buinsess#Growth#Business Partnership#partnership#economy#economic#mineral#minerals#resource#resources#axmin
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Central African Republic: Ten armed groups provide list of their members for the peace process
Note: Must Translate From French To English
http://french.xinhuanet.com/afrique/2019-05/18/c_138068934.htm?fbclid=IwAR1ta47ano1BFKoBOOXI4OJzkk5vJPoS642JMdzC79Yg-CF5oFL8P1hStBg
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AXMIN Announces Commencement of a Process to Select a Strategic Partner
#Axmin#axmin inc#small cap#tsx#tsxv#venture#tsx venture#gold#gold mining#gold exploration#CAR#central african republic#Ndassima#business parnter#eps#earnings#growth#public company
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#axmin#axmin inc#gold#gold mining#mining#central african republic#tsx#tsxv#tsx venture#small cap#growth#mineral#minerals#metal#metals
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Central African Republic reaches deal on new govt: African Union
#central african republic reaches deal new govt african union#central african republic#peace#africa#CAR
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Central African Republic: Return of displaced people observed in several cities after Khartoum peace agreement
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Axmin Inc. is a Canadian company operating in the gold sector in the Central African Republic for an industrial mine. • Gold exploration and exploitation object • Legal basis Convention signed on 27/01/2006 with the Central African State for a period of 25 years. License to mine the Passendro Gold Mine: Somio Toungou (357km²) awarded by Decree No. 10.231 of August 05, 2010. Research Permit: Bambari 1 & 2 (913km²) awarded by Decree No. 10.233 of August 07, 2010, of which objective is to increase the resources and extend the duration of mine operation. • Location: Prefecture of OUAKA (Bambari) • Work done Somio Toungou - Feasibility studies completed but need for a re-evaluation of the resources at the restart of the project. Aurafrique: geophysics, drilling research (DD, RC, etc.) • Current situation After a suspension of activities since the year 2012 for reasons of "Force Majeure" Axmin Inc. - RCA has brought together all administrative conditions for the resumption of its activities. She is currently waiting for deployment. • Outlook Construction of infrastructure for an industrial gold mine.
#axmin#axmin inc#CAR#Central African Republic#small cap#gold#gold mining#tsx#tsxv#tsx venture#venture
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