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AXM AXMIN INC

0.015
0.00 (0.00%)
25 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
AXMIN INC TSXV:AXM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.015 0.01 0.015 0 00:00:00

AXMIN Announces Sale of Interest of Lucy Yan in Dickson Resources Limited

27/12/2013 2:52pm

Marketwired Canada


AXMIN Inc. (TSX VENTURE:AXM) ("AXMIN" or the "Company") announces Ms. Lucy Yan,
current Interim Chief Executive Officer ("CEO") and Chairman of AXMIN, has sold
100% of her interest in Dickson Resources Limited ("Dickson") to Shirong Xia, a
purchaser residing in China. Dickson currently holds 45,000,000 common shares
and warrants exercisable for 22,500,000 common shares of AXMIN which represents
approximately 51.35% of those outstanding as of the date hereof, on a partially
diluted basis. Ms. Lucy Yan will remain as Chairman of AXMIN. Also, in light of
Ms. Lucy Yan's efforts over the past months in resolving outstanding issues with
the government of the Central African Republic and to reduce costs for the
Company, the board of directors of AXMIN are pleased to announce that Ms. Lucy
Yan will be appointed as the permanent CEO of AXMIN effective immediately.


About AXMIN

AXMIN is a Canadian exploration and development company with a strong focus on
central and West Africa. AXMIN is positioned to grow in value as it progresses
its Passendro Gold Project towards development and builds on its project
pipeline focusing on transitioning from an explorer to producer. For more
information regarding AXMIN visit our website at www.axmininc.com.


This press release includes certain "Forward-Looking Statements." All
statements, other than statements of historical fact included herein, including
without limitation, statements regarding future plans and objectives of AXMIN;
and statements regarding the ability to develop and achieve production at
Passendro are forward-looking statements that involve various risks and
uncertainties.


There can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those anticipated
in such statements. Important factors that could cause actual results to differ
materially from AXMIN's expectations have been disclosed under the heading "Risk
Factors" and elsewhere in AXMIN's documents filed from time-to-time with the TSX
Venture Exchange and other regulatory authorities. AXMIN disclaims any intention
or obligation to update or revise any forward looking statements whether
resulting from new information, future events or otherwise, except as required
by applicable law.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
AXMIN Inc.
Lucy Yan
Chairman and CEO
778-373-5558
ceo@axmininc.com


AXMIN Inc.
Investor Relations
ir@axmininc.com
www.axmininc.com

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