Auxico Resources announces the completion of the sale of its wholly owned Mexican subsidiary, Auxico Resources, for total proceeds of USD $200,000. The transaction follows the option agreement previously announced on April 10, 2025, and was completed through the transfer of all issued and outstanding shares to entities controlled by Concordia Silver Company. The Company also announces that it is retracting the technical [...]
Auxico Resources announces that the Company will host a management update call on Thursday April 17, 2025, at 9:00 a.m. Eastern Time. The call will be accessible via the Zoom platform, by video conference and by telephone, and participants should use the following information to join the call: Please click the link below to join the video call. Or join via telephone: United States: +1 646 931 3860 Canada: +1 647 374 4685 [...]
Auxico Resources has signed an option agreement with Concordia Silver Company for the proposed sale of 100% of the shares of Auxico Resources, its wholly owned Mexican subsidiary. The transaction supports Auxico's strategy to prioritize core assets, strengthen its balance sheet and advance its critical mineral projects. Transaction Summary Under the agreement dated March 27, 2025, CSC has a 60-day option to acquire Auxico [...]
Auxico Resources is pleased to announce the return of Richard Boudreault to its Board of Directors. Richard Boudreault brings over 40 years of leadership experience as an entrepreneur, scientist, and executive across advanced materials, clean technology, natural resources, aerospace, AI, and photonics sectors. As a former CEO of Orbite Aluminae, he raised over CAD $140 million and grew the company to a CAD $500 million [...]
Auxico Resources is pleased to announce the nomination of Kenneth "Buzz" West as Chairman of the Board and Dan Amadori as Director and Chair of the Audit Committee, effective immediately. Kenneth "Buzz" West - Chairman of the Board: Mr. West's experience includes being General Manager of the Middle East & Africa at Reuters and more recently, Founder and Chairman of Kingswood Holdings, wealth managers with circa £12bn in [...]
Auxico Resources is pleased to announce that it has filed a new NI 43-101 Technical Report on the Minastyc property located in Colombia with the Autorité des marchés financiers, prepared by Qualified Person Mr. Ricardo Sierra. The report does not include any mineral resources or reserves estimates, as previous exploration sampling did not meet the standards required for resource calculations under AMF regulations. As [...]
Auxico Resources announced several significant corporate updates. Auxico has appointed the national firm MNP LLP to act as its new auditor, effective Dec 2024. In addition, the Company has engaged Audacie Inc. to provide CFO services, due to their history of servicing the Company as its auditors. Auxico intends to extend the expiry date of 738,000 outstanding warrants issued on January 19, 2022. These warrants, with an [...]
Auxico Resources announces the resignation of Melissa Sanderson and Byron King from the Board of Directors of Auxico, effective immediately. Auxico thanks Ms. Sanderson and Mr. King for their valuable contributions to the Board over the past years and wishes them success in their future endeavors. The Board is currently evaluating alternatives with respect to the appointment of independent directors to fill the vacancies [...]
Auxico Resources is pleased to announce that it intends to extend the expiry date of an aggregate of 1,650,000 outstanding warrants. The 2021 Warrants were issued as a result of the conversion of convertible debentures issued by the Company on Oct 23, 2020, and announced on Oct 26, 2020. The initial exercise price of the 2021 Warrants is USD $0.25. The 2021 Warrants have an original expiration date of August 9, 2024. The [...]
Auxico Resources announces that as a result of the agreed corporate strategy and prioritizing the development of key projects in Colombia and Bolivia, and as announced in the news release that the Company issued on December 19, 2023, the Company's Board of Directors has decided not to allocate any further capital to the Massangana Project. Auxico also announces that the sales agency agreement that the Company signed on [...]
Auxico Resources announces the resignation of Richard Boudreault from the Board of Directors of Auxico, effective immediately. Auxico thanks Mr. Boudreault for his service on the Board over the past years and wishes him all the very best in his future endeavours. Auxico Resources Canada is a Canadian company that was founded in 2014 and based in Montreal, trading on the Canadian Stock Exchange under symbol AUAG. Auxico is [...]
Auxico Resources announces the resignation of Kenneth "Buzz" West from the Board of Directors of Auxico, effective immediately. Mr. West will be accepting a new position shortly as Chair of a fund based in the United Kingdom, where he resides. Given the significant demands and responsibilities associated with this new position, he will not have the necessary time to devote to Auxico as a director. Consequently, he is [...]
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