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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.


TSXV:AXM.H - Post by User

AXMIN Inc > Full Africa Intelligence Article Regarding Axmin Inc
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Comment by hisandloson Nov 27, 2021 6:10pm
226 Views
Post# 34172746

RE:Full Africa Intelligence Article Regarding Axmin Inc

RE:Full Africa Intelligence Article Regarding Axmin Incahahahahaha    I like how it says Lucy gave the government two options  ...  what a joke.

When do companies ever succeed when a government of a nation decides that they want 

to nationalize,  cancel permits,  or do anything else their heart desires.   The government of CAR 

has much more to lose if they piss off the Russians than catering to Lucy Who ????

Axmin has absolutely no bargaining power in this situation.  The only thing that might happen

is a backdoor deal for Lucy which makes her go away but the shareholders of Axmin and Axmin

itself is history  ...  in fact has been history for a long time now.   The only thing that will come of

this is the final nail in the coffin.
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