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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Auxico Resources Canada Inc. announces that it granted 2,250,000 stock options to officers, directors and consultants to the Company. These options have a strike price of $0.85, no vesting period and an expiry date of April 19, 2027. About Auxico Resources Canada Inc. Auxico Resources Canada Inc. is a Canadian company that was founded in 2014 and [...]
Auxico Resources Canada Inc. is pleased to announce the successful execution of the Company's first trade of 96 tonnes of rare earth concentrates from the Democratic Republic of Congo as per the signed sales agency agreement with Central America Nickel , which has been finalized this week. As the exclusive sales agent, Auxico will retain a [...]
Auxico Resources Canada Inc. is pleased to announce gold, platinum, titanium, zirconium and hafnium test results on samples taken from the Area 50, TA Area and two other areas from the Company-controlled Minastyc property in the department of Vichada, Colombia. The samples were taken from pits in the first metre from surface, and in a Ferricrete [...]
Auxico Resources Canada Inc. is pleased to announce the sales agency agreement with Central America Nickel with regard to the exclusive trading rights for rare earth concentrates currently being exported from the Democratic Republic of Congo. The first shipment of 98 tonnes of rare earth concentrates from the DRC has been exported by CAN as of [...]
Auxico Resources Canada Inc. is pleased to announce the completion of a National Instrument 43-101 Technical Evaluation Report on the Minastyc Property in Vichada, Colombia. The Report is being filed today on SEDAR and will be uploaded shortly thereafter on Auxico's website. Provided below are highlights from the Report: In August of 2021, Joel [...]
Auxico Resources Canada Inc. is pleased to announce that it has closed a non-brokered private placement, issuing a total of 2,062,776 units at a price of $0.90 per Unit raising gross proceeds of $1,856,500. This Private Placement is the second tranche of a $3,627,700.00 financing authorized by the Board of Directors of Auxico. Each Unit consists of [...]
Auxico Resources Canada Inc. is pleased to provide the results of the metallurgical testing done on the samples from the Massangana project located in the state of Rondonia. The Massangana properties cover an area of 18,000 hectares and have been the object of important tin production over the last 100 years. The Massangana project contains 30 [...]
