maybe they are confused: here is a press release from october 2012
Mining Limited ARBN 119 698 770 Level 11, 1 Chifley Square, Sydney, NSW 2000, Australia T: +61 2 9247 0169 / F: +61 2 9247 0243 / www.axiom-mining.com ASX / Media Release 19 October 2012 Axiom Mining Raises $1.75 Million Prioritised for the Isabel Nickel Deposit Axiom Mining Limited (“Axiom” or “the Company”) is pleased to announce that it has secured a further $1.75m at $0.03 per share from sophisticated and professional investors via a Private Placement (“the Placement”) of shares and options. This includes an additional commitment of $1m from Drake Private Investments LLC, a prominent New York hedge fund. The new funds will be used for the preparation of key development work on Isabel Island and general working capital.
AVQ Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held