Axmif - Axmin Inc. (gold)

Discussion in 'Penny Stocks' started by Jon Alba, May 17, 2018.

  1. Jon Alba

    Jon Alba Senior Investor

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    Accelerating economic recovery in the Central African Republic

    https://moderndiplomacy.eu/2020/01/...mic-recovery-in-the-central-african-republic/

    Published 3 days ago on January 31, 2020By Newsroom

    A conference on “Strengthening capacity building in periods of economic recovery through South-South and triangular cooperation”, has been organized by the government of the Central African Republic, together with the International Organization of La Francophonie (IOF), the United Nations Office for South-South Cooperation (UNOSSC) and the United Nations Industrial Development Organization (UNIDO).

    Chaired by the Minister of the Economy, Planning and Cooperation of the Central African Republic, Félix Moloua, the Conference included plenary sessions, sectoral meetings and technical training workshops focusing on youth entrepreneurship and quick-impact initiatives. The event, which mobilized 32 national and international representatives and experts, helped to strengthen the operational capacities of young people and women to implement economic regeneration projects. It also provided an opportunity to explore, along with international partners, trade- and industry-related cooperation models in the fields of agribusiness and of Information and Communication Technology (ICT).

    “Through its interventions to strengthen the skills necessary for productive employment, UNIDO helps to establish social cohesion and equity, allowing the development of stable societies and the implementation of the Sustainable Development Goals,” said Tidiane Boye, UNIDO Representative in Côte d’Ivoire.

    Manuel Mattiat, Programme Officer in UNIDO’s Region Division for Africa, added that “UNIDO works for Central Africans alongside its partners, such as the IOF, in order to accelerate economic recovery by involving young people in entrepreneurship and through the development of income-generating activities.”

    Training sessions provided during the event concluded with 91 young people being certified on entrepreneurship practices and 60 officials and non-governmental organization leaders on quick-impact initiatives. Sectoral meetings focusing on the cotton industry were also held between representatives of Egypt and the Central African Republic.

    At the end of the conference, nearly 200 participating Central Africans adopted recommendations to promote employability and entrepreneurship among young people. For example, it was agreed that young people will be trained in the car and motorcycle mobility industries. Young entrepreneurs will also be brought together in a consortium whose financing will be guaranteed by a trust fund supplied by local Central Africans. Also, Central African authorities will aim to ensure that 10 per cent of public procurement and contracts will be allocated to young people and 20 per cent to women.

    Representatives of UNIDO and the IOF met with several partners and stakeholders likely to contribute to the implementation of the government’s National Recovery and Peacebuilding Plan of the Central African Republic (RCPCA) with the aim of identifying avenues to further develop and implement the recommendations adopted at the event, including the ones related to the establishment of a consortium of incubators dedicated to the digital economy, agro-industry, financial technology (Fintech) and mobility.

    This event was preceded, on 14 December, by a public dialogue which brought together a hundred young people and women from Bangui to look at challenges related to the employability of youth, the country’s economic recovery and the revival of productive sectors.

    The participants and organizers expressed their desire to explore possibilities of organizing a second edition of the Bangui Economic Conference in the near future.
     
  2. Jon Alba

    Jon Alba Senior Investor

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  3. Jon Alba

    Jon Alba Senior Investor

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    GOVERNMENT AND MINUSCA REITERATE COMMITMENT TO IMPLEMENT PEACE AGREEMENT
    https://minusca.unmissions.org/le-g...QSQ6Z9Dz9TXyxHa_bUKkuKbuowAald2HtP4hoysGt-TQQ

    5 Feb

    2020

    GOVERNMENT AND MINUSCA REITERATE COMMITMENT TO IMPLEMENT PEACE AGREEMENT

    The Central African Government and MINUSCA reaffirmed on Wednesday their commitment to the implementation of the Political Agreement for Peace and Reconciliation in the Central African Republic (APPR-RCA) alongside other partners, while recalling the multiple challenges facing application of this peace tool faces. "I would like to reiterate the determination of the Government to firmly implement the commitments of the State contained in the APPR-RCA", said the Minister of Communication and Media and government spokesperson, Ange Maxime Kazagui, all recalling the need to consolidate the achievements of the Agreement.



    For his part, the MINUSCA spokesperson, Vladimir Monteiro, welcomed the “respect of the commitments of the Central African Government and hailed the policy of the outstretched hand of the President of the Republic, marked recently by meetings with various Central African actors” , while paying tribute to all the victims of the violations, especially those committed after February 6, 2019. "MINUSCA will continue to work with the guarantors - the African Union and ECCAS -, the Government and other partners to implement the Agreement and protect the civilian population, "he said.



    During the bimonthly joint press conference with MINUSCA, the government spokesperson noted a certain number of achievements due to the Peace Agreement, in particular the return of State authority in certain prefectures, including including the deployment of the FACA and internal security forces, the disarmament and demobilization operation in western CAR which affected 1321 combatants, including 81 women belonging to eight armed groups, as well as advances in laws on the decentralization and the status of former heads of state and parties.



    However, he specified that even if the incidents and acts of violence on the populations decreased, "there is still too much", by asking that each one "be consistent with his signature so that the country can go towards peace". The spokesperson also indicated that the meeting at the Presidency of the Republic, on the occasion of the 1 st anniversary of the signing of the Agreement, aims to "take stock of the situation, in the presence of the signatories, of the parties politicians, civil society, the international community and government ”.



    The MINUSCA spokesman also cited many advances, before urging all armed groups to honor their commitments and urged all Central Africans to support the Peace Agreement. “If the dividends that are the result of the trust born between the signatory parties have to be recognized, there is no time for self-satisfaction. MINUSCA denounces and condemns the violations recorded as well as the human rights abuses repeated by the armed groups, "he added.



    On the 2020-2021 elections, the spokesperson said that in accordance with his mandate as coordinator of electoral assistance, MINUSCA will work with the Central African Government in mobilizing the resources necessary to organize the next elections.
     
  4. Jon Alba

    Jon Alba Senior Investor

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    OBO WELCOMES NATIONAL DEFENSE FORCES WITH JOY AND HOPE

    https://minusca.unmissions.org/obo-...MEnpd95E8a4-td6ufA86jlqKsw1QnI-exL64wBY9zozc0

    17 Feb 2020 OBO WELCOMES NATIONAL DEFENSE FORCES WITH JOY AND HOPE

    SIMPLICE JEAN PRIVAT DEZILA

    February 14, 2020. It is 9:50 pm in Obo. As the locals prepared to close their doors to take advantage of the night, a concert of vehicle horns, motorcycles and cries of joy, and of hope, broke the silence of the night.

    As a UN Force tank opened the peloton, citizens wondered, " Is this the usual MINUSCA patrol ? Pui appeared in a convoy of 4X4 trucks in national colors: it was the arrival by land of the Central African Armed Forces (FACA) in Obo. A detachment which will replace the one deployed a year ago by air, thanks to the support of MINUSCA. An event that confirms the return of state authority to their Haut Mbomou prefecture.

    Long subject to rumors of attacks by armed groups, this return by land will restore confidence in the population who no longer believed in it. MINUSCA then organized community awareness sessions to put an end to the false rumors that were circulating.

    Since the signing of the Political Peace Agreement a year ago, armed groups have multiplied abuses in Haut Mbomou, in violation of the latter, particularly in Bambouti on October 17, 2019. The permanent presence of the FACA in Obo constitutes a reason for hope of peace and protection for the population who are waiting to see the new elements in action.
     
  5. Jon Alba

    Jon Alba Senior Investor

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    Some important things to note today:

    1) David Weill the CFO exercised nearly $80,000 worth of options in Axmin Inc. Based on his already outstanding position of 1.7 million shares, he now has more than double that in common shares. To date he has not sold a single share in 9 years of being a director : https://ceo.ca/api/sedi?insider=&symbol=AXM&date=&transaction=&amount=&undefined[company_symbol]=AXM

    2) It's been a year since the peace agreement and much of the Central African Republic is under State Authority again, with the exception of the far north. At this point in time, FACA/MINUSCA are finishing this area off and it is my belief that we will see all of the Central African Republic under state authority by the summer time: https://news.un.org/en/story/2020/02/1057731 Axmin's Passendro property is in the center of the country, within the secured zone.

    3) Next Thursday, the Bangui Mining Expo will begin. This is the first international promotion of CAR since 2011. This will change the tide of investment sentiment towards the country.
    - https://semicacentrafrique.com/ : official site (French)
    - article from the CAR government website: http://mines.gouv.cf/actualite/134/point-de-presse-au-ministere-des-mines-et-de-la-geologie
    Mon 2/17/2020 - 12:00


    Following his participation in Captown in South Africa in the INDABAH Mining forum, The Minister of Mines and Geology, Léopold MBOLI FATRAN held a press point in his cabinet.

    According to the Member of the Government, this great forum which brings together all the actors of the mining sector of Africa and the investors of the whole world enabled him to promote SEMICA Central African Republic, the Exhibition of Mines and Petroleum in Central African Republic with the exhibitors. The said Fair will be held under the patronage of the Head of State, HE Professor Faustin Archange TOUADERA, from February 27 to 29 in Bangui.
    This forum also allowed several bilateral meetings, the Minister of Mines and Geology met the Canadian Minister of Mineral Resources, during their interview they talked about current affairs concerning the two countries and the strengthening of their bilateral cooperation. met with emissaries from Botswana who confirmed the upcoming arrival of Botswana experts who will be responsible for assessing the Central African mining production system. He also met the South African Minister of Mineral Resources who has renewed the confidence his government has in the mining sector of the Central African Republic, he also promised to intensify the cooperation that already exists between the two countries through an agreement signed two years ago.

    4) Gold is currently at $1,620 USD per ounce and Axmin has a proven reserve of 2 million ounces, yet the stock is trading at a yearly low. This would be ideal time to reassess the company, the country it operates in and the asset it carries. Also remember that Axmin owns a large position in Senegal as well.
     
  6. Jon Alba

    Jon Alba Senior Investor

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    Recent articles about the Central African Republic which shows signs of country security and investment.

    This is important for Axmin because it is the only public company with exposure and a proven resource in the C.A.R. The faster things improve the sooner Axmin will be working on it's large gold deposit.

    Many of the articles will need to be translated, so make sure your browser translate is on.

    Central African Republic: towards the return of the CEMAC commission to Bangui: http://news.abangui.com/h/71087.htm...POxiqyora31FoD4e3hQjtF4BiK8fBCk3M8vSlcAFBpL8I

    Russia to push for lifting limits on Central African Republic diamond exports: https://www.reuters.com/article/us-...frican-republic-diamond-exports-idUSKBN20J1XI

    Article regarding journalists killed in CAR a while ago. Point of article is that is clearly dispels rumours of Russians taking gold from Axmin: https://inforeactor.ru/286695-rossi...mi-interesov-francii-i-ambicii-khodorkovskogo

    IMPROVING ACCESS TO BASIC SERVICES IN THE CENTRAL AFRICAN REPUBLIC: https://www.unops.org/news-and-stor...asic-services-in-the-central-african-republic

    Central African Republic: The construction sites of Bangui M'poko International Airport are on track with projects funded by ASECNA: http://news.abangui.com/h/71100.htm...3vA9NnWbXOXMWJUGW9Uju6q2qwMvn3LuqfhSW4Central

    1000 NEW ISPS PLEDGE ALLEGIANCE TO THE NATIONAL FLAG: https://minusca.unmissions.org/1000...lz3dzhodidleQjFUJBzifuxmUsm5q5GJdjrsPrL8Cd9Bg

    EUTM-RCA: Establishment of a FACA link network: https://corbeaunews-centrafrique.com/eutm-rca-mise-en-place-dun-reseau-de-liaison-faca/

    Central African Republic: Government encourages investors to take advantage of opportunities offered by the mining sector: http://news.abangui.com/h/71112.htm...liGuaJ9HBDGo5vSDQLhDzjYXEC20ju7JC2V83dqDxNhnM

    2000 Participants Expected At Bangui Mining Expo: http://www.rfi.fr/fr/afrique/202002...a-limites-développement-exploitation-minière-

    Security Council demands armed groups in Central African Republic cease hostilities: http://www.xinhuanet.com/2020-02/28/c_1125636385.htm

    UPC Rebels back UN for peace(main group that affected Ndassima/Bambari/Alindao until last year: http://french.peopledaily.com.cn/Afrique/n3/2020/0229/c96852-9663378.html
     
  7. Jon Alba

    Jon Alba Senior Investor

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    AXMIN Announces Changes in Board of Directors and Management

    https://www.juniorminingnetwork.com...ges-in-board-of-directors-and-management.html

    2020-03-02 06:00 MT - News Release

    Vancouver, British Columbia--(Newsfile Corp. - March 2, 2020) - AXMIN Inc. (TSXV: AXM) (the "Company" or "AXM") announces the resignation of its Chief Financial Officer and member of the Board of Directors, Mr. David de Jongh Weill, effective February 28, 2020.

    "It has been very satisfying to see how this Company has evolved over the past year. I'm excited to pass on the baton to my successor and will be actively following the progress of the company," says Mr. Weill.

    CEO and Chairman of AXMIN, Ms. Lucy Yan, comments, "On behalf of the entire Board of Directors, I would like to thank David for his many contributions to AXMIN over the past years and we wish him all the best in his other ventures."

    The Company would also like to announce the appointment of Ms. Terry Wong as a director of the Company, subject to the approval of the TSX Venture Exchange.

    Ms. Wong is a Chartered Professional Accountant and a Chartered Business Valuator. She has over 15 years of financial experience working for both private and public companies. She has also worked closely with companies and professionals within the finance, mining, and energy industries. Ms. Wong has advanced knowledge of Canadian GAAP and IFRS regulations.

    Ms. Yan comments, "We are pleased to welcome Terry to AXM's Board of Directors. We are confident that Terry's expertise with both the Greater Chinese and Canadian capital and public markets will service AXM well as the company moves forward with its partnership with AU Metals Limited."

    The Company would also like to announce the appointment of Ms. Yan as Interim CFO while a suitable replacement is found.

    About AXMIN

    AXMIN is a Canadian exploration and development company with a strong focus on the African continent. AXMIN continues to closely monitor the political situation at its Passendro Gold Project in the Central African Republic. For more information regarding AXMIN visit our website at www.axmininc.com. Please also follow us on Facebook. https://www.facebook.com/axmininc For additional information, please contact AXMIN Inc.:

    Lucy Yan
    Chairman and CEO
    [email protected]
    AXMIN Inc.
    Investor Relations
    [email protected]
    www.axmininc.com

    Background of Terry Wong: https://www.linkedin.com/in/terry-wong-cpa-cma-cbv-24715433/
    VP of Business Development
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