AXMIN Inc V.AXM.H

Alternate Symbol(s): AXMIF

Metals & Mining Gold

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.

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AXMIN Inc

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Post by baystock1on Jun 14, 2011 3:52pm

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Post# 18714277

In Gold we trust

Report on gold by Standard Chartered bank. They are the premier bank operating in Africa, 20% owned by the Chinese. Since they and the chinese are both very knowledgeable on Africa and also very positive on the outlook for gold, may be Standard Chartered will be keen on underwriting Axmin's debt financing ?

https://www.zerohedge.com/article/standard-chartered-three-factors-will-drive-gold-5000

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