Auxico Resources Canada Inc. is pleased to announce that it has closed its non-brokered private placement, issuing a total of 9,744,000 units at a price of $0.50 per Unit raising gross proceeds of $4,872,000. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant. Each full Warrant is exercisable at [...]
Auxico Resources Canada Inc. is pleased to announce that the Company has recently signed an agreement with a customer in India to sell an initial amount of 10,000 metric tonnes of high-grade manganese ore, with the option to increase this to 60,000 MT per month over a 12-month period. The Company is in the process of shipping the first 10,000 MT to [...]
Auxico Resources Canada Inc. is pleased to announce that the Company has acquired mineral rights and surface rights to a property located in the municipality of Puerto Carreno, department of Vichada, Colombia. Mr. Miguel Jaramillo, an independent geologist, conducted an exploration program on the property on behalf of the Company in June 2019. The [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
