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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

Bullboard Posts
Post by Thedondomon Mar 04, 2020 5:06pm
112 Views
Post# 30767362

Main Rebel Base Being Attacked Now. End Of The FPRC

Main Rebel Base Being Attacked Now. End Of The FPRC

Well it looks like the same group that pushed the FPRC out of Bria and Birao over the last few months is now making a B line for the main rebel base in Ndele. Once this falls, the Central African Republic will be officially free and Axmin and other companies can invest in the country with minimial issue. Why I say that is that it's Africa and just like Senegal, DRC, Mali, Burkina Faso, you will always have a minimal security issue, just like those companies. But a handful of hired security can fix that. Below is some history from Wikipedia regarding Ndele and also the most recent news.

From Wikipedia:

History[edit]

 
The market at N'Dl during the 19th century.

The tata, or fortified wall, creates a citadel-like palace on a hill overlooking N'Dl. It was constructed at the behest of Sultan Mohammed al-Sanussi of Dar al Kuti in the late 19th century.[2] N'Dl, the tata, and the Kaga-Kpoungouvou Caves were collectively added to the UNESCO World Heritage Tentative List on April 11, 2006, in the Cultural category.[2] There is an airport in the city. When the fighting resumed in December 2012 between the FACA loyalists and the rebel coalition of Slka, the city fell to rebel forces.[3][4]


R
ecent news article regarding the battle at NDele from Corbeau News:

ST MINUTE: violent clashes in progress between Goula and Rounga in Ndele Through Corbeaunews -March 4, 2020 Ndl (Central African Republic) - Violent clashes broke out in the evening of Wednesday, March 4, two rival armed groups, in this case the FPRC and the RPRC, all against a background of inter-ethnic tension between Goula and Rounga. Detonations of heavy and automatic weapons have been heard since the beginning of the evening in the city of Ndl, the capital of the Bamingui-Bangoran prefecture. The city is emptying of its inhabitants. The FPRC and the RPRC SE were involved in this violence the day after the assassination of a colonel of the Goula ethnic group in the locality of Bamingui. Talks have taken place between the belligerents at the home of the Sultan of Ndl, but no progress has been reported. Even MINUSCA had attempted mediation between the two parties, but to no avail. For the time being, nobody knows what is happening in Ndl because the telephone network in the city is cut. In Bangui, it is silence on the government side which no longer controls anything. This violence in Ndele was predictable since the Goula and Rounga clash in Birao. It is difficult at this precise moment to establish a balance sheet, but according to sources close to the RPRC, reinforcements from the Goula arrived in Ndl around 4 p.m. a few hours before the fighting started. Details in our next articles.

 
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