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AXMIN Inc V.AXM

Alternate Symbol(s):  AXMIF

AXMIN Inc. is a Canadian exploration and development company with a focus on Central and West Africa. The Company, through its wholly owned subsidiaries, has exploration projects in the Central African Republic (CAR) and Senegal. The Company’s primary asset is the Passendro Gold Project situated in the CAR. It holds a 100% interest in the Bambari properties, which consists of a mining license (355 square kilometers) and two exploration licenses, Bambari 1 and 2 (1,240 square kilometers). The Passendro Gold Project is situated in the center of the mining license, which is ring-fenced by the two Bambari exploration licenses. The Company, through its joint venture partner and manager, Sabodala Mining Company SARL (SMC) owns approximately 20% interest in Sounkounkou, Heremokono and Sabodala NW exploration licenses (the Project) located in the Birimian belt of eastern Senegal. The Company's subsidiaries include AXMIN Limited (BVI), Aurafrique SARL (CAR), SOMIO Toungou SA (CAR), and others.


TSXV:AXM - Post by User

Post by Tree2treeon Nov 04, 2021 10:00am
198 Views
Post# 34086184

I called Joe

I called JoeHe said:
- AXM won the arbitration hearing, even though they didn't show up.
- The government of CAR has returned the mine licence to AXM.
- All AXM has to do now is to negotiate with the Russian military to drive out the local miners and their warlord bosses.

This will all come out in a news release by next week.  Have I ever been wrong?
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