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From: Jimjones1972 (Rep: 3) reply to Jimjones1972Date: 02/12/2019 09:02
Forum: Axmin - Msg #90Thread #674001235 (Rec: 0)
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 atwww.axmininc.com. Please also follow us on Facebook.https://www.facebook.com/axmininc

For additional information, please contact AXMIN Inc.:

Lucy Yan
Chairman and CEO
ceo@axmininc.com
AXMIN Inc.

General Enquiries
David de Jongh Weill
Chief Financial Officer and Corporate Secretary
david@axmininc.com
+65 9781 8281

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



Reply to Jimjones1972 - Msg #6287 - 01/14/2019 19:35

AXMIN Chairman and CEO Provides Update for 2019

https://www.newsfilecorp.com/release/42166/AXMIN-Chairman-and-CEO-Provides-Update-for-2019

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2019) - AXMIN Inc. (TSXV: AXM) ("AXMIN" or the "Company") Chairman and CEO Lucy Yan provides an update for 2019 commenting as follows:

2018 was a transformational year for our Company. Royalty payments together with the resolution of the long-standing accounts payable have placed AXMIN on a strong foundation and we intend to build on this foundation in 2019. Our main focus will be to become operational in the Central African Republic (CAR) to develop the Passendro asset.

AXMIN has maintained a constant presence in country during this difficult time and enjoys an excellent relationship with the authorities in Bangui and also in Bambari. We are monitoring the security situation carefully and when security returns, we have plans in place to renew our operation. We note that the CAR arm forces (FACA) have been deployed to Bambari and are now being deployed in surrounding areas. We are informed by the authorities in Bangui that we should anticipate being operational again in the near future.

To this end, we are expanding our presence in country and will add additional senior staff to assist this process. AXMIN has been approached by several potential strategic partners to assist with the development of the asset. The Company will commence a formal process to select the strategic partner once we have clarity on timing the return to Ndassima. We have completed an online data room for this purpose. The selection criteria will favor very large well capitalized companies with mining and infrastructure construction experience in Africa. The first objective will be to complete a site survey and then commence a phased development plan with rapid production being the priority.

Going forward, AXMIN will have two distinct parts to our operation in that we anticipate having royalty income from our assets and having operational income from the CAR asset. In order to better facilitate transparency and maximize shareholder value, the Company is investigating how best to structure these two separate activities. AXMIN is taking advice in this regard and may create a separate entity for the purpose of realizing royalty income from Senegal and other potential assets that may be added.

In 2019, the Company looks forward to being more communicative with our shareholders. We have commenced a presence on social media and will be providing an updated company presentation as well. Management is looking forward to another strong year for the Company in 2019 and will keep the market updated with further press releases on each of the matters above when appropriate.

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 Feasibility Stage Passendro Gold Project in the Central African Republic. For more information regarding AXMIN visit our website at www.axmininc.com. Please also visit us on Facebook.

For additional information, please contact AXMIN Inc.:

Lucy Yan
Chairman and CEO
ceo@axmininc.com
AXMIN Inc.

General Enquiries
David de Jongh Weill
Chief Financial Officer and Corporate Secretary
david@axmininc.com

+65 9781 8281

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