ZUG, SWITZERLAND--(Marketwired - Oct 22, 2013) - Panex Resources Inc. (the "Company," or "Panex") (OTCQB:DBGF), is pleased to announce that it has signed a Memorandum of Understanding (MOU) with Amani Consulting SPRL currently in Joint Venture with state entity La Société Minière de Kilo Moto (Sokimo) to acquire a 55% interest in Giro Goldfields SPRL (Giro). Amani has a 65% interest and Sokimo has a 35% free carried interest in Giro which is comprised of two exploitation permits, PE's 5046 and 5049, covering a surface area of 610sqkm. The permits lie within 20 - 30km west of Randgold/Ashanti's 20Moz Kibali gold deposits. The Company also intends to raise capital via the issuance of approximately 500,000,000 shares at $0.0... [...]
ZUG, SWITZERLAND -- (Marketwired) -- 04/10/13 -- Panex Resources Inc. (the "Company," or "Panex") (OTCQB: DBGF) (FRANKFURT: D1Q), wishes to announce its withdrawal from the acquisition agreement with Amani Consulting Sprl to acquire an interest in the Giro Goldfields Project in northeast DRC as announced on 14th January 2013. This is largely due [...]
ZUG, SWITZERLAND -- (Marketwire) -- 01/23/13 -- Panex Resources Inc. (the "Company," or "Panex") (OTCQB: DBGF) (FRANKFURT: D1Q), is pleased to announce that it intends to raise capital via the issuance of approximately 200,000,000 shares at $0.005 cents per share.
The majority of funds will be used towards the Due Diligence and Acquisition of [...]
ZUG, SWITZERLAND -- (Marketwire) -- 01/14/13 -- Panex Resources Incorporated (the "Company," or "Panex") (OTCQB: DBGF), is pleased to announce that it has entered into an agreement with Amani Consulting SPRL to acquire a 65% interest in a group of two tenements (Exploitation Licences 5046 and 5049) which cover 610sq km of prospective ground in [...]
ZUG, SWITZERLAND -- (Marketwire) -- 10/22/12 -- Panex Resources Incorporated (the "Company," or "Panex") (OTCQB: DBGF)(FRANKFURT: D1Q), an exploration stage company, engages in the acquisition and exploration of mineral properties. The company intends to explore for commercially viable deposits of base and precious minerals, such as gold, silver [...]