AXMIF - Axmin Inc. (Gold Royalty)

Discussion in 'Stock picks and trading strategies' started by goldismyfriend, May 17, 2018.

  1. The original 43-101 from 2011 was added back to Axmin's website this week, along with a post from their Facebook page which reads:

    We have been asked to provide the original NI 43-101 study that was done so we provide the link here. Please note that this may change as when we get back on site, we will conduct a site survey and as per our January press release will most probably take a phased approach with a strategic partner to bring the CAR asset into rapid production, subject to and with the approval of the duly elected government of the CAR.
  2. Five new articles out today about the Central African Republic:

    Central African Republic: Central African Ambassador - Peace Agreement Has Ended War -

    Youtube Video(Feb.11) The people seeking peace after conflict in the Central African Republic -

    Central African Republic seeks support from Bangladesh for military training -

    African Union's Commissioner Says CAR Deal Unprecedented, Will Hopefully Promote Peace -

    AU Commissioner Thanks Russia For Helping Get CAR Peace Deal Parties To Negotiating Table -
  3. The Government of the Central African Republic (CAR) Announces a Peace Agreement with Armed Groups

    Vancouver, British Columbia--(Newsfile Corp. -February 12, 2019) - AXMIN Inc.(TSXV: AXM) ("AXMIN" or the "Company") notes the following news release.

    OnSaturday February 2, 2019 the Government of the CAR announced on social media that an agreement for peace had been made at the talks taking place in Khartoum. The Government stated that the agreement would be initialed on Sunday February 3, 2019 and thereafter it was signed in Bangui onFebruary 6th.

    The agreement comes after discussions that were facilitated in Khartoum by the African Union and the Untied Nations with assistance from Russia. The key points of this agreement are:

    • An immediate cessation of violence by the armed groups against defense and security forces, UN personnel, humanitarian workers and the general population.
    • The armed groups will respect the legitimacy of the CAR's institutions and will disband.
    • The Government will analyse the reintegration of the leaders of the armed groups who previously served as civil servants or in the military.
    • The Government will set up a Truth, Justice, Reparation and Reconciliation Commission within 90 days.
    • The parties to the agreement will undertake to set up mixed security units that will include both the defense and security forces as well as former members of the armed groups.
    • A Prime Minister will be appointed drawn from a representative of the former armed groups.
    • The former armed groups will have the right to start political parties without hindrance.
    Ambassador Smail Chergui, the African Union Commissioner for Peace and Security stated on social media:

    … I am humbled to announce that with the exemplary cooperation I received from both the Government of the CAR(@GouvCF) and the 14 armed groups, we have secured a#peaceagreementtodayin the interest of the people of#CAR.

    Separately onThursday January 31, 2019 the United Nations Security Council voted unanimously on a resolution drafted by France that provides for a road map to lift the arms embargo on the CAR. This resolution states that the Council will establish requisite benchmarks byApril 30, 2019 and will assess progress on these benchmarks byJuly 31, 2019. The Council will then review the arms embargo measures bySeptember 30,2019.

    The resolution welcomes 'the significant efforts made by the CAR authorities' to advance security sector reform, including by developing a national defense plan and national security policy. This resolution acknowledged 'the urgent need for the CAR authorities to train and equip their defense and security forces to be able to respond proportionately to threats to the security of all citizens in the CAR.' The Council stated that it had granted several exemptions to allow shipments of weapons from France, Russia, China, the United States and Belgium for the CAR's army.

    AXMIN's Chairman and CEO Lucy Yan stated:

    AXMIN is delighted to hear that a peace agreement has been reached in Khartoum and hope that this agreement will be honored and bring security and stability to the CAR. The Company believes that the combination of the agreement together with the eventual lifting of the arms embargo should provide both the framework for stability and also the effective method of enforcement by equipping and deploying the military forces of the Government of the CAR. We look forward to being back on site and working on developing the Passendro asset as soon as conditions allow in the near future.

    A further press release regarding the security situation in Ndassima, the location of the Company's Passendro asset, will be made when appropriate to do so.

    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 Please also follow us on Facebook.

    For additional information, please contact AXMIN Inc.:

    Lucy Yan
    Chairman and CEO
    AXMIN Inc.

    General Enquiries
    David de Jongh Weill
    Chief Financial Officer and Corporate Secretary
    +65 9781 8281

    Investor Relations
    The Port of Kribi becomes main wood export channel to CAR

    (Business in Cameroon) - Timber export conditions at the port of Douala, Cameroon’s economic capital, have been improving since the beginning of the year, the International Tropical Timber Organization (ITTO) noted.

    However, despite this upturn which is the result of a slowdown in Chinese demand, ITTO said, some timber exporters now ship cargoes through the deep-water port of Kribi, commissioned in March 2018 in the southern region.

    In a memo covering the period Feb.1-15, 2019, ITTO revealed that despite the improvement situation at the port of Douala, “exporters of sawn timber and logs to the Central African Republic shipped their cargoes through the port of Kribi”.

    “It is logical that part of the traffic from the port of Douala should be redirected to the port of Kribi. This will allow to ease traffic,” Patrice Melom, MD of the autonomous port of Kribi (PAK), said at the end of a seminar held April 19-20, 2018 with players of the timber sector to discuss ways to carry out export activities within the Kribi port platform.

    Wood exports at the Kibri port are carried out by Kribi Containers Terminal (KCT), a company controlled by the Franco-Chinese consortium Bolloré-CHEC-CMA CGM in partnership with the Chinese shipowner Cosco.

    Brice R. Mbodiam

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