Jaxon Mining Inc.

Jaxon Mining Inc. announces a non-brokered private placement financing of up to 5,000,000 units at a price of $0.05 per unit for gross proceeds of $250,000. Each unit will consist of one common share and one-half common share purchase warrant. Each whole purchase warrant will entitle the holder to purchase one common share at $0.075 per share. The warrants will have an expiry date of two years from the date of issue. This [...]

Jaxon Mining Inc. is pleased to announce the discovery of a large scale copper porphyry system with indications of high grade gold-bearing tourmaline breccia and other sulfide vein mineralization at its 42,244 ha Red Springs project in NW British Columbia. The Red Springs porphyry system is geologically analogous to the Los Bronces - Rio Blanco porphyry in central Chile and involves a unique assemblage of features in [...]

Jaxon Mining Inc. is pleased to announce the results from its 2019 Annual General Meeting held on Friday, March 8, 2019. A total of 11,280,662 common shares, representing 12.25% of the issued and outstanding common shares of the Company, were represented at the Meeting. The following resolutions were approved: The number of directors of the Company was set at four . John King Burns, Yingting Guo, James Lavigne and [...]

Jaxon Mining Inc. is pleased to announce a high-grade antimony-silver mineralization discovery at its flagship project Red Springs. Assays from the 2018 surface sampling and geological mapping program contained up to 5% antimony, 302 g/t silver, 2.94% zinc and 1.70% lead. These high-grade antimony-silver samples cover an area of more than 500 m in length and 200 m in width. The Company's 3D conceptual geological model [...]

Jaxon Mining Inc. is pleased to announce the closing of its non-brokered private placement announced in its news releases dated February 1, February 13 and February 26, 2019, to raise gross proceeds of $420,300 through the issuance of 8,406,000 units priced at $0.05 per Unit. Each Unit is comprised of one common share and one-half common share purchase warrant. Each whole purchase warrant will entitle the holder to [...]

Jaxon Mining Inc. announces that further to its news releases of February 1, 2019 and February 13, 2019, due to investor interest, it has increased the size of its non-brokered private placement to up to 8,406,000 units offered at a price of $0.05 per Unit to raise gross proceeds of up to $420,300 . Each unit will comprise of one common share and one-half common share purchase warrant. Each whole purchase warrant will [...]

Jaxon Mining Inc. announces that further to its news release of February 1,2019, it has increased the size of its non-brokered private placement to up to 6,706,000 units offered at a price of Cdn$0.05 per Unit to raise gross proceeds of up to Cdn$335,300 . Each unit will comprise of one common share and one-half common share purchase warrant. Each whole purchase warrant will entitle the holder to purchase one common share [...]

Jaxon Mining Inc. is pleased to announce additional high grade gold mineralization discoveries of up to 55.26 g/t gold equivalent which includes 40.41 g/t gold, 6.77% copper, 110 g/t silver, 1.29% bismuth and 0.02% cobalt from its 2018 surface sampling and geological mapping program at the Red Springs Project and determines the low angle thrust fault bounded sill-like gold-bearing quartz tourmaline breccia mineralized [...]

Jaxon Mining Inc. announces that it has arranged a non-brokered private placement of 5,500,000 units at $0.05 per unit for gross proceeds of $275,000 or more, depending on investor interest. Each unit will comprise of one common share and one-half common share purchase warrant. Each whole purchase warrant will entitle the holder to purchase one common share at $0.075 per share. The warrants will have an expiry date of two [...]

Jaxon Mining Inc. announces the approval and adoption by its Board of Directors of an advance notice policy . The purpose of the Policy is to provide shareholders, directors and management of the Company with a clear framework for nominating directors. The Company is committed to: facilitating an orderly and efficient process for the election of directors at annual general and special meetings; ensuring that all [...]