Auxico Resources is pleased to announce that it has closed a non-brokered private placement, raising aggregate gross proceeds of $3,900,000 in convertible debentures. Each Debenture consists of $1 principal amount of unsecured, non-redeemable 10% convertible debentures, maturing on March 11, 2023 and convertible at the option of the Debenture [...]
Auxico Resources is pleased to announce that it filed yesterday its audited annual financial statements and corresponding management's discussion and analysis for the year ended Sept 30, 2021, including the CEO and CFO certifications. The year ended September 30, 2021 is the first year in which the Company generated revenues from the sale of [...]
Auxico Resources Canada is providing an update to its previously disclosed management cease trade order, announced on January 28, 2022, in respect of the audited annual financial statements and corresponding management's discussion and analysis for the year ended September 30, 2021, including the CEO and CFO certifications that were not filed by [...]
Auxico Resources Canada Inc. is pleased to announce that, as a result of a recent sampling program conducted by Joel Scodnick, the Company's Qualified Person, the Company has decided to sign a joint venture agreement for the acquisition of a 70% interest in the Luz Angelica property located in the municipality of Concepcion, in the province of [...]
Auxico Resources Canada announces that its annual consolidated financial statements for the year ended Sept 30, 2021, including the related management discussion and analysis, and CEO and CFO certifications will not be filed by the required filing deadline of January 28, 2022. The Annual Financial Filings will not be filed on or before the Filing [...]
Auxico Resources Canada Inc. is pleased to announce that it has closed a non-brokered private placement, issuing a total of 1,476,000 units at a price of $1.20 per Unit raising gross proceeds of $1,771,200. This Private Placement is the first tranche of a $3,000,000 financing authorized by the Board of Directors of Auxico. Each Unit consists of one [...]
Auxico Resources Canada Inc. is pleased to announce that it has entered into a Memorandum Of Understanding with the Brazilian mining cooperative Cooperativa Estanífera de Mineradores da Amazônia Legal, with regard to the exploitation and commercialization of rare earths from the tin tailings originating from deposits located over an estimated area [...]
Auxico Resources Canada Inc. is pleased to announce the acquisition of the surface rights to 1,293 hectares of land titled Agualinda, located in the municipality of Puerto Carreño, in the department of Vichada. The land adjoins the Mynastic property which the Company purchased in December 2020. The Mynastic property has been the subject of several [...]
Auxico Resources Canada Inc. is pleased to announce that the Company plans to build a 10,000 square metre rare earth refining facility in the free-trade zone in the city of Santa Marta, Colombia, capable of processing 36,000 tonnes of ore per year. The Company signed a lease agreement with an option to purchase four lots of land within the Zona [...]
Auxico Resources Canada Inc. is pleased to announce the discovery of platinum group metals in samples from the Company-controlled property in the department of Vichada, Colombia, and the optioned property in Ivory Coast. The samples from Colombia were taken within the first meter from the surface, above the rare earth occurrences that the Company [...]
Auxico Resources Canada Inc. is pleased to announce additional results of a recent sampling program that was conducted by the Company's Qualified Person, Joel Scodnick, P.Geo, on the Company-controlled property in the department of Vichada, in Colombia. Recent sample result confirmed a total rare earth oxide content of 59.70%, as presented in the [...]
Auxico Resources Canada Inc. is pleased to announce the initial results from a 15-pit sampling program carried out by the Company's Qualified Person, Joel Scodnick, P.Geo., on the Company-controlled property in the department of Vichada in Colombia. The initial four concentrate samples had a Total Rare Earth Oxide content exceeding 61%, as [...]
