Auxico Resources Canada Inc.

Auxico Resources Canada Inc. is pleased to announce that it has signed a joint-venture agreement for high-grade tin trading operations in Colombia, which provides the Company with a 70% profit share on all sales of tin ore executed with Gracor S.A.S. . This agreement represents a significant amount of tin and potentially a new source of sustainable revenue for the Company, with the objective of exporting a minimum of 100 [...]

Auxico Resources Canada Inc. is pleased to announce the successful execution of the Company's third and fourth trades of a cumulative 432 tonnes of rare earth concentrates from the Democratic Republic of the Congo . The Company sold a total of 720 tonnes of monazite since April of this year, including the latest trading operations, representing a total provisional value of US$ 3.8 Million As per the signed sales agency [...]

Auxico Resources Canada Inc. is pleased to announce the appointment of Frederick Kozak as the Company's new President and Chief Executive Officer, effective today. The Company also announces the appointment of Melissa Sanderson, as well as Mr. Kozak, to the Board of Directors of Auxico. Mr. Kozak, P.Eng, MBA, brings extensive executive management and international business experience, having held several resource [...]

Auxico Resources Canada Inc. is pleased to announce that the Board of Directors of Auxico has appointed BDO LLP, Chartered Professional Accountants as the auditor of the Company, effective immediately, following the resignation of Guimond Lavallée. The principal reason for the change in auditor is that Auxico now has operations in several countries, primarily in Latin America, and Guimond Lavallée no longer has the [...]

Auxico Resources Canada Inc. is pleased to announce the signing of an offtake agreement with the company Cuex Metal AG , for the purchase of commercial tin concentrates from the Company's Massangana Tin Tailings project located in the state of Rondo?nia, Brazil. The agreement represents a purchase of 3,600 tonnes per year, over a period of five years, for a total of 18,000 tonnes of commercial tin concentrates. At current [...]

Auxico Resources Canada Inc. would like to inform its shareholders and debenture holders that a current debenture holder, Caroline Freymond, has informed us that she recently acquired convertible participating debentures from another debenture holder who is a family member of hers so that she now owns $2,000,000 principal amount of Debentures. These Debentures were issued on October 24, 2020 and convert into units at a [...]

Auxico Resources Canada Inc. is pleased to announce the successful execution of the Company's second trade of 192 tonnes of rare earth ore from the Democratic Republic of Congo . As the exclusive sales agent in the trade, Auxico will retain a commission equal to 15% of the sales price. Please see below the highlights of the trade: The material was sold at a final price of US$ 6,500 per metric tonne for a value of US [...]

Auxico Resources Canada Inc. is pleased to announce the signing of an off-take agreement with the Lasell Company Ltd. for a supply of up to 1,000 tonnes per month of tantalum ore with a targeted purity of 30% Ta2O5 content. Lasell will have a right of first refusal on production exceeding 1,000 tonnes per month. Initial trial shipments of 25 tonnes per month are expected to begin in Q4 2022, with plans to expand into [...]

30 million tonnes of tailings with tin, niobium and rare earth elements Auxico Resources Canada Inc. is pleased to announce that a final agreement has been signed with Cooperativa Estanifera de Mineradores da Amazônia Legal Ltda. concerning the production of tin, niobium and rare earths from the Massangana tailings estimated to contain 30,000,000 tonnes in the State of Rondônia, Brazil. A study prepared by the German [...]

Auxico Resources Canada Inc. is pleased to announce that the National Mining Agency of Colombia has granted a mining permit for the Minastyc Property in Vichada, Colombia, which is controlled by Auxico; more specifically, the ANM has authorized the Company's work plan . This is a very significant development for the Company. Auxico will now be able to move forward with the formal purchase of the Minastyc Property from its [...]