
MONTREAL, January 17, 2025 – Auxico Resources Canada Inc. (CSE: AUAG) (“Auxico” or the “Company”) today announced several key corporate developments.
Auxico has appointed MNP LLP, a national firm, as its new auditor, effective December 2024. Additionally, the Company has retained Audacie Inc. to provide CFO services, leveraging their prior experience as the Company’s auditors.
Auxico plans to extend the expiration date of 738,000 outstanding warrants issued on January 19, 2022. These warrants, carrying a CAD $1.50 exercise price, will now expire on January 19, 2026, representing a one-year extension. This extension has been approved by the Canadian Securities Exchange.
Auxico also announces the resignation of Chairman Mark Billings from his roles as Director and Officer. The Company expresses its gratitude for Mr. Billings’ contributions and intends to nominate new Board Members in the coming weeks.
About Auxico Resources Canada Inc.
Auxico Resources Canada Inc. (“Auxico”), a Canadian company established in 2014 and headquartered in Montreal, trades on the Canadian Stock Exchange (CSE) under the symbol AUAG. Auxico is involved in the acquisition, exploration, and development of mineral properties in Colombia and Bolivia.
Further information about Auxico is available on the Company’s website () or on SEDAR+ () under “Auxico Resources Canada Inc.”
Contact
Pierre Gauthier
President, Auxico Resources Canada Inc.
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Cautionary Note Regarding Forward-Looking Statements
This press release includes statements that are “forward-looking statements.” These forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the Company’s actual results, performance, or achievements to differ significantly from the expected results, performance, or achievements expressed or implied by such forward-looking statements.
While the Company believes, based on its officers’ and directors’ experience, current conditions, anticipated future developments, and other considered factors, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company cannot guarantee their accuracy. In this press release, words like “estimate,” “project,” “believe,” “anticipate,” “intend,” “expect,” “plan,” “predict,” “may,” or “should,” and their negatives or variations, or similar terminology, are used to identify forward-looking statements and information. The forward-looking statements and information in this press release include details regarding planned studies, the drill program, and the development of the Minastyc, El Bento/Monte Verde, or other projects, its sampling programs, indications, and other mining projects and prospects, related to the Company’s operations in Colombia and/or Bolivia. Such statements and information reflect the Company’s current perspective. Risks and uncertainties could cause actual results to differ materially from those anticipated in these forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause our actual results, performance, or achievements, or other future events, to differ materially from any future results, performance, or achievements expressed or implied by such forward-looking statements.
The forward-looking information in this news release reflects the Company’s expectations as of the date of this release and is therefore subject to change. Readers should not place undue reliance on forward-looking information and should not consider this information valid at any other date. The Company has no obligation to update these forward-looking statements if management’s beliefs, estimates, or opinions, or other factors, change.
The Company cautions investors that any forward-looking information provided is not a guarantee of future results or performance and that actual results may differ materially from those in forward-looking information due to various risk factors. These factors include, but are not limited to, uncertainties related to the COVID-19 pandemic and general economic or financial market conditions. For a more detailed discussion of these risk factors and their potential impact, please refer to the Company’s public filings available on SEDAR+ (). Unless required by securities law, the Company does not intend to, and assumes no obligation to, update or revise any forward-looking information, regardless of new information, events, or otherwise.
SOURCE Auxico Resources Canada Inc.
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