Auxico Resources Canada Inc. is pleased to announce that it has appointed Sheldon Inwentash to its Board of Directors, effective immediately. Mr. Inwentash is the founder, chairman and CEO of ThreeD Capital Inc. He has more than 30 years of investing experience. In 1995, Mr. Inwentash co-founded Visible Genetics, the first commercial pharmacogenomics company, which was sold to Bayer in 2001. Through two decades leading [...]
Auxico Resources Canada Inc. is pleased to announce that it has entered into a memorandum of understanding with the Colombian company Minampro Asociados, to earn a 70% interest in a joint venture for the exploitation and trading of industrial sands originating from properties in the department of Vichada, Colombia. Minampro has the necessary licenses for the buying, selling and exporting of industrial sands containing [...]
Auxico Resources Canada Inc. is pleased to announce that the Company has been granted an exclusive option to acquire the high-grade silver-gold La Franca mine, located in the state of Sinaloa. The La Franca claim, measuring 12 hectares, is located within Auxico's Zamora gold-silver property, which contains 23 historical mines and prospects extending over a strike length of 8 kilometres. For reference, please see the map [...]
Auxico Resources Canada Inc. is pleased to announce that it has completed a non-brokered private placement, raising aggregate gross proceeds of $2,788,000 in participating convertible debentures. Each Debenture consists of $1 principal amount of participating, secured, non-redeemable convertible debenture maturing on October 23, 2023 and convertible at the option of the Debenture holder into: units of the Company that is [...]
Auxico Resources Canada Inc. announces that it granted 600,000 stock options to directors and consultants of the Company. These options have a strike price of $0.105, no vesting period and an expiry date of September 15, 2025. Auxico Resources Canada Inc. is a Canadian company that was founded in 2014 and based in Montreal. Auxico is engaged in the acquisition, exploration and development of mineral properties in [...]
Auxico Resources Canada Inc. is pleased to announce that it has completed a non-brokered private placement, raising aggregate gross proceeds of $50,000 in participating convertible debentures. Each Debenture consists of $1 principal amount of participating, secured, non-redeemable 10% convertible debenture maturing on July 24, 2023 and convertible at the option of the Debenture holder into: units of the Company that is [...]
Auxico Resources Canada Inc. is pleased to announce that it has completed a non-brokered private placement, raising aggregate gross proceeds of $1,600,000 in participating convertible debentures. Each Debenture consists of $1 principal amount of participating, secured, non-redeemable 10% convertible debenture maturing on June 19, 2023 and convertible at the option of the Debenture holder into: units of the Company that is [...]
Auxico Resources Canada is pleased to announce that it has signed a joint venture agreement with Kibara Minerals for the concentration and export of tantalum and niobium ores from the Democratic Republic of the Congo. Kibara has access to high-grade tantalite mineral deposits in the DRC. More specifically, Kibara has an exclusive supply agreement with a cooperative for the purchase of tantalite ore from the Bafwasende [...]
Auxico Resources Canada is pleased to announce that it has signed an option agreement to acquire a 100% interest in the Porto Grande Property, located in the state of Amapá. The Property is currently owned by Retiro Gonçalves / Mineração Tantaline and represents a surface area of approximately 739 hectares, located 60 km from the city of Porto Grande. The Property has exploration and [...]
Auxico Resources Canada Inc. wishes to inform shareholders that, subsequent to an exploration program in the department of Guainia, Colombia, in the fall of 2018, the Company has extended its option to form a joint venture on the PanaPana Property until October 1, 2019. Auxico has filed an application to obtain exploration and production rights on a property located in close proximity to the PanaPana Property, in [...]
Auxico Resources Canada would like to inform shareholders of changes to its board of directors. The Company announces that Marc Filion has resigned from the board of directors, for personal reasons. The board and management of Auxico would like to thank Mr. Filion for his valued contributions to the Company over the past three years, and we wish him the very best in the future. Auxico would like to announce, effective [...]
Auxico Resources Canada is pleased to announce that it has completed a non-brokered private placement of 950,000 units, issued at a price of $0.20 per Unit, for gross proceeds of $190,000. Each unit consists of one common share and one-half transferable common share purchase warrant. Each full Warrant entitles the holder to acquire one additional Share of the Company at a price of $0.40 per Share for two years from the [...]
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