TORONTO, ONTARIO -- (Marketwire) -- 10/25/11 -- AXMIN Inc. (TSX VENTURE: AXM) ('AXMIN' or the 'Company') is pleased to announce two new appointments to its development team that is responsible for construction of the wholly-owned Passendro Gold Project, located in the Central African Republic ('CAR'). The addition of Mike Edwards as Project Director and Geoff McLoughlin as Engineering Manager will broaden AXMIN's
TORONTO, ONTARIO -- (Marketwire) -- 10/20/11 -- AXMIN Inc. (TSX VENTURE: AXM) ('AXMIN' or the 'Company') is pleased to announce that Nimini has initiated its Phase II drilling program at its 100%-owned Komahun project. In September, AXMIN completed the sale of 51% of the shares of its wholly-owned subsidiary, Nimini, which holds the Company's Sierra Leone assets, to Polo Resources Limited (AIM: POL)(TSX: POL) ('Polo
TORONTO, ONTARIO -- (Marketwire) -- 09/28/11 -- AXMIN Inc. (TSX VENTURE: AXM) ('AXMIN' or the 'Company') is pleased to announce today that it has closed the sale of a 51% of the shares of its subsidiary which holds the Company's Sierra Leone assets to Polo Resources Limited (TSX: POL)(AIM: POL) ('Polo') for a cash consideration of US$7.5 million. The Agreement pertains to the Company's subsidiary, Nimini Holdings
TORONTO, ONTARIO -- (Marketwire) -- 08/02/11 -- AXMIN Inc. (TSX VENTURE: AXM) ('AXMIN' or the 'Company') is pleased to announce that it has entered into an agreement (the 'Agreement') with Polo Resources Limited (TSX: POL)(AIM: POL) ('Polo') whereby Polo will acquire a 51% interest in a wholly owned subsidiary of AXMIN, which owns AXMIN's Sierra Leone assets, with AXMIN retaining a 49% interest ('the Project') for a
TORONTO, ONTARIO -- (Marketwire) -- 07/20/11 -- AXMIN Inc. (TSX VENTURE: AXM) ('AXMIN' or the 'Company') is pleased to announce the signing of a Mandate Letter with The Standard Bank of South Africa Limited ('SBSA'), an international financial institution headquartered in Johannesburg, South Africa, in terms of which SBSA is appointed as the Mandated Lead Arranger ('MLA') to arrange and underwrite a US$100 million
Plus Drilling Confirms Potential for Second Regional Deposit at Toumboumba
TORONTO, ONTARIO -- (Marketwire) -- 07/13/11 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to announce that Teranga Gold Corporation (TSX: TGZ) ('Teranga'), formerly Mineral Deposits Limited, has released an exploration update on AXMIN's Senegal Permits, which are the subject of a joint venture between Teranga and AXMIN. Complete results of the exploration program can be found on Teranga's website at www.terangagold.com. Highlights of the release include:
TORONTO, ONTARIO -- (Marketwire) -- 06/29/11 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to announce further results from the Phase I drilling program (10 holes), which consisted of 34 holes (5,077 metres), plus new trenching results at its 100% owned Nimini Licences in Sierra Leone. Both the drilling and trenching results confirm the potential for near-surface economic gold mineralisation at Komahun and strengthen the
TORONTO, ONTARIO -- (Marketwire) -- 06/28/11 -- AXMIN Inc. (TSX VENTURE: AXM) ('AXMIN' or the 'Company') is pleased to announce that at the Company's Annual and Special Meeting of Shareholders Ozge Erdem and Robert Metcalfe, George Roach, Robert Shirriff and David de Jongh Weill were re-elected as Directors of the Company. Robert Metcalfe has been appointed the Chairman. Messrs. Mario Caron and Alexander Dann did not
TORONTO, ONTARIO -- (Marketwire) -- 06/13/11 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to announce that Teranga Gold Corporation (TSX: TGZ) ('Teranga'), formerly Mineral Deposits Limited, has released an exploration update on AXMIN's Senegal Permits, which are the subject of a joint venture between Teranga and AXMIN. Complete results of the exploration program can be found on Teranga's website at
TORONTO, ONTARIO -- (Marketwire) -- 06/10/11 -- AXMIN Inc. (TSX VENTURE: AXM) ('AXMIN' or the 'Company') is pleased to announce that subsequent to its press release of March 1, 2011 regarding the spin-off of the Company's Sierra Leone assets, which include the Komahun Gold Project, the Company has entered into an amalgamation agreement dated June 9, 2011 (the 'Definitive Agreement'). Highlights of the Definitive
TORONTO, ONTARIO -- (Marketwire) -- 06/07/11 -- AXMIN Inc. (TSX VENTURE: AXM) announces that it has issued 82,549 common shares of AXMIN as payment for services to a consultant to the Company at a deemed price per share of $0.0875, which was the 15-day weighted average trading price ('VWAP').
TORONTO, ONTARIO -- (Marketwire) -- 06/01/11 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to announce the initial results from the beginning of a proposed 10,000 metre core drilling program that is targeting resource expansion at its wholly-owned Komahun Gold Project in Sierra Leone. Of the first 34 holes (5,077 metres), 15 holes have targeted infill drilling and the eastern strike extension at the Komahun Main Zone, and