MONTREAL, July 25,
2024 /CNW/ - Auxico Resources Canada Inc.
(CSE: AUAG) ("Auxico" or the "Company") announces the resignation
of Kenneth "Buzz" West from the Board of Directors of Auxico,
effective immediately.
Mr. West will be accepting a new position shortly as Chair of a
fund based in the United Kingdom,
where he resides. Given the significant demands and
responsibilities associated with this new position, he will not
have the necessary time to devote to Auxico as a director.
Consequently, he is resigning from his position on the Board.
"It has been a pleasure having Buzz as a director of Auxico
over the past several years. He has been very active in
helping set the strategy of the Company, as well as serving on the
Audit Committee. His comments and suggestions to the management of
the Company have been insightful and constructive. While he will
certainly be missed, on behalf of the Board, I thank Buzz for his
involvement in Auxico over the past several years and wish him all
the very best in his new role," said Mark Billings, Chairman of the Board of
Directors of Auxico.
About Auxico Resources Canada Inc.
Auxico Resources Canada Inc. ("Auxico") is a Canadian company
that was founded in 2014 and based in Montreal, trading on the Canadian Stock
Exchange (CSE) under symbol AUAG. Auxico is engaged in the
acquisition, exploration and development of mineral properties in
Colombia and Bolivia.
Additional information on Auxico can be found on the Company's
website (www.auxicoresources.com) or on SEDAR+ (www.sedarplus.ca)
under "Auxico Resources Canada Inc."
ON BEHALF OF THE BOARD OF DIRECTORS
« signed. »
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« signed. »
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Pierre Gauthier
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Mark
Billings
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CEO & President,
Auxico Resources Canada Inc
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Chairman, Auxico
Resources Canada Inc.
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pg@auxicoresources.com
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mb@auxicoresources.com
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Cell: +1 514 299
0881
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Cell: +1 514 296
1641
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Cautionary Note Regarding Forward-Looking Statements
The CSE has neither approved nor disapproved the contents of
this press release. Neither the CSE nor its Regulation Services
Provider (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this press
release.
This press release contains statements that constitute
"forward-statements." Such forward looking statements involve known
and unknown risks, uncertainties and other factors that may cause
the Company's actual results, performance or achievements, or
developments to differ materially from the anticipated results,
performance or achievements expressed or implied by such
forward-looking statements.
Although the Company believes, in light of the experience of
its officers and directors, current conditions and expected future
developments and other factors that have been considered
appropriate that the expectations reflected in this forward-looking
information are reasonable, undue reliance should not be placed on
them because the Company can give no assurance that they will prove
to be correct. When used in this press release, the words
"estimate", "project", "belief", "anticipate", "intend", "expect",
"plan", "predict", "may" or "should" and the negative of these
words or such variations thereon or comparable terminology are
intended to identify forward-looking statements and information.
The forward-looking statements and information in this press
release include information relating to the planned studies, 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
thereof, related to the Company's operations in Colombia and/or Bolivia. Such statements and information
reflect the current view of the Company. Risks and uncertainties
that may cause actual results to differ materially from those
contemplated in those forward-looking statements and
information.
By their nature, forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause our
actual results, performance or achievements, or other future
events, to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements.
The forward-looking information contained in this news
release represents the expectations of the Company as of the date
of this news release and, accordingly, is subject to change after
such date. Readers should not place undue importance on
forward-looking information and should not rely upon this
information as of any other date. The Company undertakes no
obligation to update these forward-looking statements in the event
that management's beliefs, estimates or opinions, or other factors,
should change.
The Company cautions investors that any forward-looking
information provided by the Company is not a guarantee of future
results or performance, and that actual results may differ
materially from those in forward-looking information as a result of
various risk factors. These factors include, among others,
uncertainties arising from the COVID-19 pandemic, and general
economic conditions or conditions in the financial markets. The
reader is referred to the Company's public filings for a more
complete discussion of such risk factors, and their potential
effects, which may be accessed through the Company's profile on
SEDAR+ (www.sedarplus.ca). Except as required by securities law,
the Company does not intend, and does not assume any obligation, to
update or revise any forward-looking information, whether as a
result of new information, events or otherwise.
SOURCE Auxico Resources Canada Inc.