Auxico Resources Canada Inc.

Auxico Resources Canada Inc. announces that, subject to the expiration of its sales agency agreement with Central America Nickel Inc. with regard to the exclusive trading rights for rare earth concentrates exported from the Democratic Republic of the Congo , the Company has elected to convert USD $1,000,000 of capital into common shares of CAN. As per the sales agency agreement entered into and as announced on March 30 [...]

Auxico Resources Canada Inc. is pleased to announce results from a sampling program previously conducted on the Minastyc property, located in Puerto Carreño, Vichada, Colombia. The amended report will be available on the Company's website and accessible on SEDAR+ . Minastyc is a 100% Company-controlled critical mineral rich project which intends to be the subject of a near-term small-scale production program. The Company [...]

Auxico Resources Canada Inc. , is pleased to announce results from the Company's 2023 exploration and sampling program conducted on the Minastyc Property, a Company-controlled critical mineral project located in Puerto Carreño, Vichada, Colombia. A total of 72 samples were collected across 27 pits over a distance of 2 km on the Minastyc Property. The results indicate the presence of Rare Earth Elements in all samples. The [...]

Auxico Resources Canada Inc. wishes to update its shareholders on priorities that have been set during the meeting of the Company's Board of Directors held on December 14, 2023, as well as the related resolutions that have been adopted during the meeting with regard to the development of Auxico's key assets and the reporting requirements with the Autorité des marchés financiers pursuant to their continuous disclosure [...]

Auxico Resources Canada Inc. is pleased to announce that one of its convertible debenture holders, Central America Nickel Inc. , has converted its debentures for a total consideration of $1,175,000, based on a previously announced acquisition of shares and debentures; for reference, please see the news release the Company issued on July 20, 2023. The debentures have been converted in accordance with their terms, into [...]

Auxico Resources Canada Inc. is pleased to announce that the Minastyc Project, a Company-controlled property, has received a Mining Registration Certificate from the National Mining Agency as it relates to the property mining title, which secures the Company's rights to the exploration and exploitation of the property until 2040. The Company has furthermore executed an Exclusive Operating Agreement and Security Interest [...]

Auxico Resources Canada Inc. is pleased to announce that it has executed a Memorandum of Understanding to acquire 85% equity interest in Empresa Minera El Benton S.R.L., a Company that holds the mining title and rights to the El Benton Mine and adjacent Monte Verde concessions. The El Benton Mine and Monte Verde properties, combined, represent approximately 739 hectares located in the Province of Ñuflo de Chavez [...]

Auxico Resources Canada Inc. is pleased to announce that Central America Nickel Inc. has made a subsequent meaningful acquisition of Auxico's outstanding Debentures in the principal amount of $1,175,000 from current debenture holder Caroline Freymond . The Debentures are convertible into units each comprised of one common share priced at $0.20 and one warrant, for a total of 5,875,000 common shares and 5,875,000 warrants [...]

Auxico Resources Canada Inc. is pleased to announce that Central America Nickel Inc. has made a meaningful acquisition of 7 million common shares and 3 million warrants in the capital of Auxico; the warrants have a strike price of CAD $0.15 for a period of 3 years. CAN is a Canadian-based mining and technology firm with common directors and management as Auxico, and has acquired these shares as a long-term investor due to [...]

MONTREAL, July 7, 2023 /CNW/ - Auxico Resources Canada Inc. announces that it granted 2,700,000 stock options to officers, directors and consultants to the Company. These options have a strike price of $0.30, no vesting period and an expiry date of July 6, 2028. About Auxico Resources Canada Inc. Auxico Resources Canada Inc. is a Canadian company that was founded in 2014 and based in Montreal, trading on the Canadian [...]