AXM.V - Axmin Inc.

[Jack_Aster]

AXM.V Q2 2018 Results (Financials + MD&A) Ending June 30th 2018
All information is available through Sedar. Numbers below are in US Dollars

Tickers: AXM (CDN) & AXMIF (US)
Price: $0.17
Common Shares: 130,497,381
Options: 8,240,000
Insider/Institutional Holdings: 82,089,114 – 63%

ASSETS
Cash: $1,944,449
Receivables: $577,237
Prepaid Expenses: 5,487
Total Assets: $2,527,173

LIABILITIES
Accounts Payable: $2,376,429
Due To Related Parties: $189,810
Liabilities Of Discounted Operations: $323,103
Total Liabilities: $2,889,342

Three Month Period (Q2)
Revenue: $576,643
Expenses: $146,071
Net Income: $415,900

Earnings Per Share - $415,900 X 1.30(CDN Exchange) = $542,111 / 130.5 Mil Shares = 0.0042c

Six Month Period (Q1 & Q2)
Revenue: $1,067,194
Expenses: $263,256
Net Income For Period: $802,015

Earnings Per Share - $802,015 X 1.30(CDN Exchange) = $1,042,619 / 130.5 mil Shares = 0.008c


Management Discussion & Analysis

During the three months ended June 30, 2018, the Company reported royalty income of $576,643 from Gora Projects, compared with $386,655 for the same time period of 2017. The net income for the three months ended June 30, 2018 was $437,586 compared to $359,338 in the same period of 2016.

Concentration of Share Ownership

As at the date of this report, AOG Holdings BV holds approximately 12.38% of the issued and outstanding common shares of the Company on a non-diluted basis, Shenglin Trading holds approximately 15.32% of the issued and outstanding common shares of the Company on a non-diluted basis and Dickson holds approximately 34.48% of the issued and outstanding common shares of the Company on a non-diluted basis.

Central African Republic – Passendro Gold Project

The Company’s primary asset is the Passendro gold project, which is situated in the centre of a 25-year Mining License (355 sq km) that was awarded to AXMIN in August 2010. At the same time, the Company was also awarded two, three-year renewable Exploration Licenses, Bambari 1 and 2 (1,240 sq km), which ring fence the Mining License and cover a 90 km strike along the highly prospective Bambari greenstone belt.

On December 24, 2012, the Company officially notified the CAR Minister of Mines and Defence of the existence of a state of Force Majeure due to the escalating rebel activity in the country and the necessity to withdraw its field operations. Prior to the Force Majeure, the Company was working towards securing financing to develop the Passendro gold project into CAR’s first modern gold mine. The following is a brief summary of the status at Passendro gold project as at December 2012. A full description of the Passendro gold project can be found in the Company’s audited financial statements for 2014 and 2013, its June 2012 Annual Information Form, the 2011 Bankable Feasibility Study Optimization & Update and its 2009 Mineral Resource Estimate prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). All reports can be accessed under the Company’s profile on the SEDAR website at .

The Company through its in-country staff have maintained close communications with senior ministers and officials in Bangui and also in Bambari which is the closest city to the Company’s asset near Ndassima. AXMIN’s country representative Mr. Boubacar Sidbe recently meet with the Vice Mayor of Bambari and Sub-prefect to discuss the situation on the ground and express the Company’s desire to get back on site. Meetings have also been held with the Mining Minister and Chief of the Office of the Head of State. AXMIN remains confident that stability will eventually return to the country and that the Company will be well positioned and ready to work with the elected government of the CAR to develop a pragmatic mining plan focusing on the extremely high-grade deposits that will be safe for our employees and contractors, have limited capital expenditure and hopefully achieve very profitable returns in a very timely fashion for shareholders

On March 26, 2018, the Minister of Mining and Geology issued an executive order No 031/18/MMG/DIRCAB/DGM to grant SOMIO Toungou an extension period of exemption from the development work and productions of the Passendro gold mine for one (1) year, running from March 22, 2018 to March 21, 2019.

On March 26, 2018, the Minister of Mining and Geology issued an executive order No 032/18/MMG/DIRCAB/DGM to grant Aurafrique SARL an extension period of exemption from exploration and research for one (1) year, running from March 22, 2018 to March 21, 2019.

As of the date of this report, operations at Passendro remain suspended and although the Company continues to maintain a presence in the CAR (through its administrative office and permanently stationed employees in Bangui) and relationship with the State in the CAR, the Company is unable to predict when it will be able to resume its operations at Passendro for the foreseeable future, if at all. As a result, impairment in the amount of $37,346,576 was recognized at December 31, 2013 on exploration and evaluation (“E&E”) assets for the Bambari properties to reflect the decrease in their recoverable value as of result of the current unstable situation in CAR. As at June 30, 2018, given that impairment was recognized and the unstable condition remains the same, the residual value of E&E assets for the Passendro gold project was written down to $nil in 2016.

As announced on November 15, 2013, the Company entered into an agreement to secure its ownership of the licenses in the CAR. Under this agreement the consultant was entitled to remuneration upon the successful completion of its services. The total outstanding payments due under this agreement amount to US$2,000,000. Axmin’s management are actively pursuing negotiations to resolve this account payable on substantially better economic terms for the Company. A further announcement will be made when appropriate.

This impairment recognized in the financial statements does not in any way mean that the Company is relinquishing its rights to the assets and it reflects the utmost conservative view by management on the objective circumstances and will be reviewed annually and subject to recovery when certain conditions are met pursuant to the accounting standards the Company has adopted.

The Company engaged a consulting company to assist the Company to obtain compensation for its mining properties damage or loss resulted from the civil war in CAR, which amounts to around XAF 18,000,000,000 ($29.0 million) from the government of CAR. In the event that the compensation from the government is received by the Company, the consulting company will be entitled to receive 15% of the total compensation.

Senegal Joint Venture

On February 28, 2012, AXMIN and its joint venture partner and manager, Sabodala Mining Company SARL (“SMC”), a whollyowned subsidiary of Teranga Gold Corporation (“Teranga”) amended its 2008 joint venture agreement. At the time, Teranga had earned an 80% interest in the Sounkounkou, Heremokono and Sabodala NW explorations licenses (the “Project”) located in the Birimian belt of eastern Senegal, by spending US$6 million on exploration. AXMIN has retained a 20% interest in the Project. The amended joint venture and royalty agreement (the “Agreement”) supersedes and replaces the original joint venture agreement.

On June 18, 2015, in addition to its royalty interest of 1.5% NSR in the Gora Target Area, AXMIN has elected to convert its 20% interests in another 15 Target Areas into a 1.5% NSR from each Target Area. On January 12, 2016, AXMIN elected to convert its 20% interest in one new Target area into a 1.5% NSR. After this Royalty Election, 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 Senegal permits. The free carried interest of US$2.5 million granted to AXMIN under the Agreement has been depleted on account of its 20% Participation Interest in respect of all Participation Target Areas (being areas subject to exploration and both parties remain their respective interests (Teranga – 80% and AXMIN – 20%)). No further participation contribution needs to be made by AXMIN beyond this $2.5 million free carried interest with respect to the Participation Target Areas where a Royalty Election has been made.

Full details of the exploration programs at the Senegal JV can be found on the Teranga website at .

[Jack_Aster]

2018-08-29 14:28 MT - News Release

Ms. Lucy Yan reports

AXMIN ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS ENDING JUNE 30, 2018

Axmin Inc. has released its financial and operating results for the three months ended June 30, 2018. All amounts included in this news release are in U.S. dollars

Highlights:

During the three months ended June 30, 2018, the Company reported royalty income of $576,643 from Gora Projects, compared with $386,655 for the same time period of 2017.
The net income for the three months ended June 30, 2018 was $437,586 compared to $359,338 in the same period of 2017.

LIQUIDITY AND CAPITAL RESOURCES

At June 30, 2018 the Company had cash on deposit in the amount of $1,944,449, accounts and other receivables of $577,237, and prepaid expenses of $5,487. Royalty income receivable of $573,643 has been received subsequent to the period ended June 30, 2018.

Net assets inclined to negative $362,169 at June 30, 2018 compared to negative $1,215,536 at December 31, 2017.

OUTLOOK

We continue our efforts and commitment with our developments in the CAR. We look forward to the time when we can reclaim our operations in CAR again.

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 .

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 .

We seek Safe Harbor.

? 2018 Canjex Publishing Ltd. All rights reserved.


NOTE:

The results above are from Q2 2018 which was April to June 2018. Below is a recap of the last six quarters and all news/financials can be found at to verify these numbers:

January to December 2017 - Axmin Inc. Earns $1.2 million USD

January To March 2018 - Axmin Inc. Earns $386,115 In Q1 2018

April To June 2018 - Axmin Inc. Earns $415,900 In Q2 2018

[Jack_Aster]

new company presentation now available on the Axmin website:

[Jack_Aster]

Seven articles that have come out in the last week showing major progress & support in the Central African Republic. The sooner stability returns, the faster AXM/AXMIF gets it's gold mine back with billions in proven gold as shown in the 43-101 and recent company presentation.

1) Putin Now Pursuing Multiple Long-Term Goals in Central Africa



2) Russia, Sudan foster deal among Central African militia



3) Presidents of African nations hail cooperation



4) Sudan says resolved to support efforts for peace in Central African Republic



5) The three top faith leaders of the Central African Republic have pledged to work with Russians in order to foster reconciliation in CAR



6) Russia To Train Central African Republic Armed Forces In Inked Military Deal



7) Rival Central African Republic militias agree demands in ?positive? African Union meeting

[Jack_Aster]

September 5th 2018 news below talks about the DDRR program starting. This was mentioned by Axmin Inc back in May, now it's finally happening with major support from numerous areas:

Article link:

AXM News In May With Highlight:

The Counsellor to the CAR President for Disarmament, Demobilization, Reinsertion and Repatriation ("DDRR") , Colonel Noel Bienvenu Selesson, wrote to AXMIN, "We thank you not only for the efforts made by your Company but also for the reaffirmation of its commitment and its determination to go to the operation. The DDRR process is evolving. After the successful completion of the DDRR/RSS Pilot project that ended on December 19, 2017, we are very actively preparing for the launch of the large DDRR. The provisions in this framework, will allow your Company to resume fairly quickly all its activities in the area as well as in the rest of the country."

[Jack_Aster]

Some positive news for the Central African Republic(CAR) as the faster the country stabilizes, the faster AXM gets back to it's gold mine.



IMF Staff Completes Visit to Central African Republic

September 14, 2018

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a Board discussion.
Economic recovery continues; growth projected to reach 4.3 percent in 2018.
Strengthening government revenue mobilization remains a priority.
A staff team from the International Monetary Fund (IMF), led by Norbert To?, visited Bangui during September 7–14, 2018 to review recent developments and program implementation. The IMF supports the economic and financial program of the Central African Republic by an Extended Credit Facility (ECF) [1]arrangement since 2016. On July 2, 2018, the IMF Executive Board approved the fourth review under the ECF, bringing total disbursements under the arrangement to SDR 88 million (about US$ 123.7 million). Discussions covered the draft 2019 budget, structural reforms including the revision of the petroleum price structure, and the government’s strategy to improve public financial management and governance.



At the end of the visit, Mr. To? issued the following statement:



“The economic recovery continues with growth still projected to reach 4.3 percent in 2018 and accelerate in the medium term. The projections are predicated on the restoration of peace, the extension of public services throughout the country, and a steadfast implementation of reforms. Strong and sustained growth is necessary to create jobs and reduce poverty.



“Based on preliminary data and information collected during the mission, the economic program remains on track. Quantitative monitoring indicators for end-June 2018 agreed with the authorities have been met, but social spending underperformed. Structural reforms are advancing, although with some delays. The team emphasized the need to step up social spending to broaden public support for the reform program.



“The team and the authorities discussed broad outlines of the 2019 draft budget with a focus on accelerating domestic revenue mobilization, consolidating the single treasury account, strengthening public financial management, and increasing social spending to tackle poverty. Given the impact of higher international oil prices on public finances the team urged the authorities to streamline the complex oil price structure. Strengthening government revenue mobilization remains a priority, including by taking decisive steps against fraud.



“Going forward, the team and the authorities agreed on the need to accelerate the efforts to strengthen governance and transparency and sustain structural reforms aimed at improving the business environment.

“The team met with President Touad?ra, Prime Minister Sarandji, President of the National Assembly Meckassoua, Minister of Finance Dondra, Minister of Economy Moloua, the National Director of BEAC Mr. Chaibou, senior government officials, as well as donor representatives. The team thanks the authorities for their hospitality, strong cooperation and constructive discussions. The team is expected to return later this year to conduct discussions for the fifth review under the ECF arrangement and the Article IV consultation.”


[1] Central African Republic’s ECF-supported program was approved by the IMF Executive Board in July 2016. The ECF is a lending arrangement that provides sustained program engagement over the medium to long term in case of protracted balance of payments problems.

IMF Communications Department
MEDIA RELATIONS
PRESS OFFICER: ISMAILA DIENG

PHONE: +1 202 623-7100EMAIL:

[Jack_Aster]

Qatar, Central African Republic discuss relations
17 Sep 2018 - 4:13

Minister of Administrative Development, Labour and Social Affairs, H E Dr Issa bin Saad Al Jafali Al Nuaimi met yesterday with Minister Mahamat Taib Yacoub, Special Advisor to the Prime Minister of Central African Republic, who is currently visiting Qatar. The meeting discussed bilateral relations in areas of common interest and ways of supporting them.



That brings support now from Russia, China, USA, France, Sudan, Qatar, African Union, European Union, Local Forces(FACA) and the United Nations.

[Jack_Aster]

Three significant news articles have come out today which shows support for the Central African Republic on three different fronts:


More than 1,000 Central African military personnel trained by Russia -

Central African Republic keen to attract Qatari investments -

AU chief in CAR to boost peace efforts -


AXM is closer now than in the last six years to getting back to Passendro, a multi million ounce gold deposit that was proven up between 2002 to 2012.

[Jack_Aster]

WGC?s China Chapter will boost gold sector: analysts

By Zhang Hongpei Source:Global Times Published: 2018/9/25 22:18:39

The new China Chapter being established by the World Gold Council (WGC) will bolster internationalization of the domestic gold market and offer more opportunities for Chinese gold enterprises to go global, said industry analysts.

The WGC, a leading world organization for the industry, announced on Monday at its annual meeting in the US state of Colorado that it has established a China Chapter, according to a statement the organization sent to the Global Times Tuesday.

The new chapter, which will be chaired by Song Xin, chairman of the China Gold Group, will enable Chinese member companies of the London-based WGC to engage more effectively with the rest of the board, said the statement.

It was announced on the same day that Shanghai-listed Shandong Gold Group will join the WGC board as a member, becoming the second Chinese enterprise on the board after China Gold Group.

"The Chinese gold industry has developed phenomenally over the past couple of decades, and China is now the largest producer and consumer of gold globally. As such, we are delighted that the WGC's membership is expanding, to better reflect the shape of the global gold mining industry," said David Harquail, chair of the WGC, according to the statement.

China's gold output reached 426 tons in 2017 with consumption hitting 1,089 tons, making it the world's No.1 country in terms of production, consumption and processing, Song told the Xinhua News Agency on Tuesday.

Jiang Shu, partner and investment director of Shanghai-based Oak Investment, told the Global Times on Tuesday that with China's upstream gold mining companies becoming strong, the establishment of the new chapter is a natural step in line with the development trend.

"More interaction on the same platform enables domestic and international players to have a better evaluation of the global supply and demand of gold... an increasing number of Chinese gold companies are 'going out' while foreign enterprises are quite interested in the domestic market," said Jiang.

"The new chapter is set to have a far-reaching influence on China's gold market, offering opportunities for domestic companies' upgrading as well as overseas mergers and acquisitions," Zhou Yinghao, an independent analyst of the gold industry, told the Global Times Tuesday.

The platform will enable the Chinese gold supply chain to play a bigger role and have a bigger say in the global gold market, Zhou noted.

Jiang said that more domestic gold producers would expand overseas via the new channel. That will hasten the opening-up of the Chinese gold market, which is currently led by commercial banks in terms of imports.

In 2001, the People's Bank of China, the central bank, ended controlled procurement and distribution of gold, and the precious metal began trading on the Shanghai Gold Exchange the next year. Since then, the market has achieved "remarkable development," especially because it has been a relatively short period, said Zhou.

Yet, related laws and rules, especially basic laws, need to be improved, Jiang pointed out.

"Gold products have become more diversified and their prices are more linked with the international market to meet increasing domestic demand," Zhu said.

In the second quarter of this year, China's total gold demand reached a three-year high of 332.9 tons, data from the WGC showed.

With the establishment of the China Chapter, the current low market price for the metal is likely to increase at the end of this year or the beginning of next year, which will bring many opportunities for the WGC's new China chapter, according to Zhou.

[Jack_Aster]

African Union adopts Sudan’s initiative for peace in Central African Republic



September 29, 2018 (KHARTOUM) - The African Union has adopted Sudan initiative for peace in the neighbouring Central African Republic (CAR) said the Sudanese foreign ministry.

The announcement was made after a meeting held on the sidelines of the UN General Assembly meetings in New York on Friday including Faustin-Archange Touad?ra CAR President, Moussa Faki Chairperson of the African Union Commission, El-Dirdeiry Ahmed Sudan’s Foreign Minister, and Rwandan Foreign Minister Louise Mushikiwabo.

"The meeting discussed the developments in the situation in the Central African Republic and means of implementing the African Initiative for Peace and Reconciliation and linking it to Sudan’s initiative, which aims to achieve the same goal," said a statement released by the Sudanese foreign ministry.

Last August, the Sudanese government hosted a meeting for peace in CAR including the main armed groups, the Christian anti-Balaka militia of Maxime Mokom and Muslim Seleka armed faction led Noureddine Adam. The Central African government was not part of the Russian brokered meeting.

At the end of the meeting, the two groups issued The Khartoum Declaration of Understanding of the Central African Armed Groups where they said they are firmly committed to peace. Further, they called to consider the African initiative.

"The meeting confirmed the acceptance by all the concerned parties of the Sudanese initiative which has been adopted by the African Union on the same day by the Head of the Commission, Mr Moussa Faki, in the presence of the Secretary-General of the United Nations and all the Ministers of Foreign Affairs of CAR’s neighbouring states," further said the Sudanese foreign ministry.

Sudan which eyes developing trade and business with CAR said committed to curbing weapon trafficking between the troubled central African country and Darfur region. Also, Russian mining firms working in CAR use Port Sudan and Khartoum expects they positively impact Darfur region.

(ST)

[Jack_Aster]

New US Fund buying AXM stock:



PGIM Jennison Natural Resources Fund, Inc.
Schedule of Investments
as of July 31, 2018 (unaudited) (continued)
Description Shares Value

COMMON STOCKS (Continued)
Electrical Components & Equipment 1.9%
GrafTech International Ltd.(a) 747,714  $ 15,851,537
Sunrun, Inc.*(a) 816,834 11,550,032
27,401,569
Fertilizers & Agricultural Chemicals 1.8%
FMC Corp. 165,991 14,919,271
Nutrien Ltd. (Canada) 209,940 11,380,847
26,300,118
Gold 5.6%
Agnico Eagle Mines Ltd. (Canada) 460,417 19,282,264
Alacer Gold Corp.*(a) 3,158,225 6,846,442
Algold Resources Ltd. (Canada), 144A*(a) 43,790 3,114
Axmin, Inc. (Canada)* 666,158 70,413
Barrick Gold Corp. (Canada) 22,387 250,511
Guyana Goldfields, Inc. (Canada)* 163,830 503,763
Guyana Goldfields, Inc. (Canada), 144A* 2,654,213 8,161,473
Kinross Gold Corp. (Canada)* 1,959,065 7,052,634
Newmont Mining Corp. 541,196 19,851,069
Randgold Resources Ltd. (United Kingdom), ADR(a) 249,526 18,427,495
80,449,178
Integrated Oil & Gas 5.0%
Chevron Corp. 2,445 308,730
Occidental Petroleum Corp. 6,460 542,188
Royal Dutch Shell PLC (Netherlands)(Class A Stock) 809,712 27,750,785
Suncor Energy, Inc. (Canada) 997,990 42,055,299
70,657,002
Oil & Gas Drilling 2.5%
Independence Contract Drilling, Inc.* 1,722,043 6,939,833
Patterson-UTI Energy, Inc. 1,245,774 21,427,313
Rowan Cos. PLC(Class A Stock)* 486,895 7,050,240
35,417,386
Oil & Gas Equipment & Services 14.5%
Baker Hughes a GE Co. 7,956 275,118
Cactus, Inc.(Class A Stock)* 294,649 9,640,915
Core Laboratories NV 140,081 15,705,882
FTS International, Inc.* 522,628 6,271,536

[Jack_Aster]

Looks as if the Central African Republic is starting to open up for tourism and business. Lots of changes over the last week since all the meetings between CAR officials, Russia, China, Sudan, African Union, United Nations, and other parties. Recently on Google there have been job postings for gold operations, travel Visa applications offered, and a map that shows just about all airplane terminals in the country safe and operational again. Keep in mind that Axmin Inc (AXM/AXMIF) has the only large scale gold mine in the country with a proven resource and ready to go back into production right away.

See links below:

CAR Job Posting 1:

CAR Job Posting 2:

Visa Travel Offer For The Central African Republic:

Operational Flight Routes In The Central African Republic:

Trip Advisor Offering Flights To The CAR:

[Jack_Aster]

Moscow to Establish Military Representation in CAR



1:23 09.10.2018(updated 01:38 09.10.2018)

MOSCOW (Sputnik) – Russia will offer the Central African Republic (CAR) to establish a representation of the Russian Defense Ministry at the CAR Defense Ministry, according to a document published on the official portal of legal information on Monday.

"To approve the draft agreement between the governments of Russia and the CAR, submitted by the Russian Defense Ministry and coordinated with the Russian Foreign Ministry, on the establishment of a representation of the Russian Defense Ministry at the CAR Defense Ministry," the document reads.

The Russian Defense Ministry is expected to hold talks with the CAR and on behalf of the Russian government, to sign the agreement. Non-fundamental changes to the draft are allowed if necessary, the statement adds.

The goal of the draft deal is to assist the CAR in resolving issues of military and defense industry cooperation, as well as to train the CAR military personnel by the Russian specialists, the statement reads.

According to the project, the representation will be maintained at the expense of the Russian side, and will consist of five people.

The staff of the mission will not participate in hostilities in the territory of the CAR. If they find themselves in an emergency situation, the CAR authorities will take measures to ensure their safety, the document says.

Since 2012, the CAR has been destabilized by the conflict between the Muslim armed group Seleka, Christian Anti-balaka militias and the government. In late August, Seleka and Anti-balaka signed a declaration of understanding after a Russia-brokered peace meeting in Khartoum.

[Jack_Aster]

CAR President To Speak At World Investment Forum (Oct.22-26)





ABOUT THE WORLD INVESTMENT FORUM

The UNCTAD World Investment Forum is the pre-eminent global platform for investment and development. The Forum devises strategies and solutions for global investment and development challenges. It facilitates multi-stakeholder collective action to stimulate investment in development. The Forum offers a unique opportunity to influence investment-related policymaking, shape the global investment environment, and to network with global leaders in business and politics.

2018 marks the 10th anniversary of the Forum. Previous editions took place in Accra (2008), Xiamen (2010), Doha (2012), Geneva (2014) and Nairobi (2016), The Forum was set up to fill the investment institutional gap in the international economic governance architecture. Since its inception it has served as the leading forum to leverage investment policy for sustainable development.

The Forum biennually gathers more than 4,000 investment stakeholders from 160 countries. The stakeholder landscape encompasses high-level participants from the global investment community, including Heads of State and Government, ministers, executives of global companies and stock exchanges, sovereign wealth fund managers, investment treaty negotiators, heads of investment promotion agencies, international investment location experts, heads of international organizations, parliamentarians, civil society representatives, eminent scholars, and the international media.

THE WORLD INVESTMENT FORUM 2018
Organized under the overall theme Investing in Sustainable Development, the Forum will address global challenges for international investment in the new era of globalization and industrialization. Investment stakeholders will gather to brainstorm solution-oriented initiatives and build global partnerships to advance prosperity for all.

In 2018 the World Investment Forum will bring more actors to the table including philanthropists, impact fund headsand other sustainability pioneers. More than 5,000 investment stakeholders are anticipated to converge in Geneva for the event.

Download the official UNCTAD Notification for the 2018 Forum here:

[Jack_Aster]

AXMIN Announces Settlement of Accounts Payable

2018-10-10 09:35 MT - News Release


Vancouver, British Columbia--(Newsfile Corp. - October 10, 2018) - AXMIN Inc. (TSXV: AXM) ("AXMIN" or the "Company") announces that it has entered into an agreement to settle a long standing accounts payable by the Company.

As previously announced on November 15, 2013, the Company entered into a consultancy agreement (the "Consulting Agreement") to assist AXMIN with securing its ownership of licenses in the Central African Republic. Under this Consulting Agreement the consultant was entitled to remuneration upon the successful completion of its services. The total outstanding payments due under this Consulting Agreement amount to US$2 million and were duly recorded in the Company's accounts payable. The Company has benefited from the renewal of its respective licenses and permits and is in good standing with the Government of the Central African Republic.

After extended negotiations as referenced in the Company's Management's Discussion and Analysis for the six months ended June 30, 2018 and 2017, the Company has agreed to a settlement of this accounts payable by making a payment of US$1.2 million and the issuance of 3.46 million shares at a price of C$0.30 per share (the "Settlement Agreement"). The transaction relating to the Settlement Agreement was unanimously approved by the Board of AXMIN, and has also received conditional approval from the TSX Venture Exchange; closing of the transaction will occur immediately following final approval from the TSX Venture Exchange.

The shares issued pursuant to the above-referenced Settlement Agreement will be subject to transfer restrictions under a two (2) year lock-up agreement, during which time the shares may not be sold. The transfer restrictions under the lock-up agreement will expire two (2) years plus one day from the date of grant.

AXMIN Chairman Lucy Yan said, "The Company appreciates the assistance and value provided during this difficult period of force majeure. AXMIN also appreciates the patience provided in settling this long outstanding invoice and the confidence expressed in our Company by the acceptance of shares in lieu of a cash payment. The resulting improvement of AXMIN's balance sheet is very good news for our Company and we look forward to getting back on site in the Central African Republic as soon as possible."

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 .

For additional information, please contact AXMIN Inc.:

Lucy Yan
Chairman and CEO

AXMIN Inc.

General Enquiries
Jin Kuang
Chief Financial Officer and Corporate Secretary

604-339-7688

Investor Relations

[Jack_Aster]

Axmin 3.46 million shares for debt

2018-10-12 15:55 MT - Shares for Debt


The TSX Venture Exchange has accepted for filing the company's proposal to issue 3.46 million shares to settle outstanding debt for $1,038,000.

Number of creditors: one creditor

For further details, please refer to the company's news release dated Oct. 10, 2018.

? 2018 Canjex Publishing Ltd. All rights reserved.

[Jack_Aster]

Article - France Urges EU To Help Stabilize The Central African Republic



CAR. At France’s request and amid the growing influence of foreign actors, the ministers will discuss the situation in the Central African Republic. The minister will call for strengthened EU action alongside that of the African Union, the countries in the region and the UN, to support the country’s stabilization and the restoration of State authority. This will include support for Central African domestic security forces in addition to the EU’s already considerably support for the Central African armed forces via EUTM RCA. All European partners must mobilize to help this country.

[Jack_Aster]

Central African Republic: Council adopts conclusions



On 15 October 2018, the Council discussed and adopted conclusions on the Central African Republic.

In its conclusions, the Council underlines that the situation in the Central African Republic (CAR) is still very fragile and that the EU remains engaged in support of the country. The EU emphasises the need to continue working, through its various instruments, to help the CAR get back on the road to stability, peace and development and to meet the aspirations of its entire population for lasting peace and reconciliation.

The EU reiterates its support for the African Initiative for Peace and Reconciliation under the auspices of the African Union and the leadership of President Touad?ra to reach a peace and reconciliation agreement, to create the conditions for the complete disarmament of armed groups and to strengthen State authority, while preserving the unity and integrity of the CAR.

The EU also stresses the importance of inclusive involvement of all institutions and all actors of Central African society, including women, youth and civil society. The EU calls on all international actors, especially those engaged in the CAR, to support the action of the government and the African Initiative in a properly coordinated and fully transparent manner.

The Council also welcomes the commitment of the United Nations Multidimensional Integrated Stabilisation Mission in CAR (MINUSCA), in particular to support the CAR authorities in carrying out the security sector reform process and to help them restore State authority.

The Council emphasises that the security situation, including hybrid threats, confirms the need to continue to strengthen the Central African Armed Forces (FACA), and welcomes the request by the CAR for additional assistance for the Internal Security Forces, notably by means of civilian engagement. Ministers invited the EEAS to establish and deploy as soon as possible a civil-military interoperability pillar within EUTM RCA, tasked with providing strategic advice in this area.

The EU remains concerned by the humanitarian situation in the CAR and emphasises the need for the international community to mobilise in response to the humanitarian emergency, and reiterates its own ongoing engagement through the B?kou Trust Fund. The EU remains strongly committed to the CAR, with an envelope of EUR 487 million allocated for the period 2017-2020.

[Jack_Aster]

AXM Technical Charts



(AXM.V)
0.29 0.015 (5.45%) 10-18 15:57
Open: 0.27 Prev Close: 0.275
High: 0.295 Low: 0.27
Volume: 95,900 Market Cap: 38M
Year High: 0.3 Year Low: 0.03
Stock Technical Analysis
Overall
Targets Six months: 0.34 One year: 0.40
Supports Support1: 0.20 Support2: 0.14
Resistances Resistance1: 0.29 Resistance2: 0.34
Pivot Point 0.23
Moving Averages MA(5): 0.27 MA(20): 0.23
MA(100): 0.17 MA(250): 0.10
MACD MACD(12,26): 0.02 Signal(12,26,9): 0.01
Stochastic Oscillator %K(14,3): 92.98 %D(3): 83.81
RSI RSI(14): 69.53
52-Week High: 0.29 Low: 0.03 Change(%): 480.0
Average Volume(K) 3-Month: 11588 10-Days: 10171
Moving Averages analysis
Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.
Bollinger Bands Analysis
AXM.V has closed below upper band by 4.7%. Bollinger Bands are 173% wider than normal. The large width of the bands suggest high volatility as compared to AXM.V's normal range. The bands have been in this wide range for 2 bars. This is a sign that the current trend might continue.
Stock News

Stoxline Canada


Stock Chart Toronto


Option Calculator

Financials
EPS 0.010
EPS Est. Current Year
EPS Est. Next Year
EPS Est. Next Quarter
Forward EPS 1.#IO
Shares Out. (M) 130.50
Shares Float (M) 48.16
Book Value (p.s.) -0.010
PEG Ratio
Profit Margin 78.02
Operating Margin 76.96
Return on Assets (ttm) 58.5
Return on Equity (ttm)
Qtrly Rev. Growth 57.9
Gross Profit (p.s.) 0.012
Sales Per Share
EBITDA (p.s.)
Qtrly Earnings Growth 64.60
Operating Cash Flow (M) 1.19
Levered Free Cash Flow (M) 0.73
Valuation
P/E 29.00
P/E Growth Ratio 0.04
P/BV -29.00
P/S 3784499968.00
P/CF 31.80

[Jack_Aster]

Russia to send more military trainers, equipment to Central African Republic



MOSCOW, Oct 19 (Reuters) - Russia said on Friday it planned to send additional military equipment to Central African Republic (CAR) and deploy 60 more instructors to train the country’s armed forces, escalating its most significant military foray in Africa in decades.

Russia donated hundreds of weapons and sent 175 trainers to CAR earlier this year to bolster the government’s fight against militia groups after receiving an exemption from a United Nations arms embargo.

According to diplomatic and security sources, many of the Russians in CAR are private security contractors and their remit has expanded into mediating negotiations among armed groups, securing mining projects and advising CAR’s president.

Russia’s activities in CAR are part of a wider push to re-establish influence in sub-Saharan Africa that waned after the Cold War. It has signed military cooperation deals with 19 countries since 2015 and expanded diplomatic and trading ties.

In one of its most extensive comments to date on the subject, Russia’s foreign ministry defended its actions in a statement against what it said was “a certain ‘jealousy’” by other foreign powers over Russia’s role in CAR.


“We believe this kind of position to be counter-productive, particularly in the current context, when constructive cooperation of all international ‘players’ and not competition or ‘zero-sum games’ is urgently called for,” it said.

“With the knowledge of a relevant U.N. Security Council committee we are planning to send to CAR an additional 60 civilian instructors and the second part of military purpose products.”

According to a confidential memo seen by Reuters, the Security Council’s 15-member CAR sanctions committee agreed last month to Russia’s request to send the 60 additional instructors, provided they coordinate with CAR’s U.N. peacekeeping mission.

But France, the United States and Britain placed a hold in August on further arms shipments pending confirmation that measures had been taken to secure the previous donation.

Estimates of the total number of Russians in CAR vary widely, from 250 to 1,000. The foreign ministry did not respond directly to questions about the presence of private security contractors.

CAR has faced near-constant armed conflict since 2013, when a mostly Muslim Seleka rebel coalition overthrew then-president Francois Bozize, prompting reprisals from Christian ‘anti-balaka’ militias. (Reporting By Maria Tsvetkova; Writing by Aaron Ross)