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AXMIN is a publicly listed corporation with its shares trading on the TSX Venture Exchange (“TSXV”) under the symbol AXM. The Company is an international mineral exploration and development company with a strong focus on the African continent. AXMIN, 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. Due to the civil war in the CAR, which began in 2012, all in-country operations other than administrative functions, carried out in the capital city of Bangui, have been suspended. The Company maintains an office and staff in Bangui.

In Senegal, the Company has a joint venture agreement with Teranga Gold Corporation (TSX:TGZ) for the exploration and development of the Sounkounkou asset that encompases 291.7 km2. AXMIN holds a 1.5% NSR on 17 Royalty Target Areas (being Target Areas have been made Royalty Election on) in total and maintains 20% interests of Remainder Areas within the above Senegal perits. Axmin’s royalty rights are intended to continue and survive the Joint Venture Agreement and remain tied to the permits themselves, irrespective of title holder.