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Recent History

Recent Updates:

Axmin is continuing to work with Teranga Gold Corporation to develop Sounkounkou Property.

As of June 2019, the Company’s royalty rights for the Gora Asset in Senegal have been completed and with a total royalty payment of $4,864,482 since 2015.

Central African Republic remains in Force Majeure.

Management conducted a visit to the Passendro and Bambari assets in December 2019, meeting with local and national level authorities.

In January 2020, Axmin announced the signing of an LOI for Strategic Partnership with AU Metals to develop the Passendro asset.

COVID-19 pandemic conditions remain in the CAR. Discussions with national government leaders are continuing.