re: Ann: Axiom Mining Non-renounceable Rights...
Just to recap. "Notwithstanding, the Company has secured firm commitments of $2m, net of fees payable, to place any shortfall in the Rights Issue to ensure continued funding of the proceedings and ongoing working capital costs to achieve a result for shareholders. Axiom’s CEO, Mr Ryan Mount said: “We are pleased with recent events such as having secured an extension to our prospecting licence pending the outcome of the trial and the recent Court of Appeal decision which reinforces Axiom’s position as to the validity of our 50 year lease.” He further added: “It is important to understand that in Solomon Islands landowner support and consent is a prerequisite to exploration and mining. Our position as 50 year registered lease holder puts us in an excellent position to make this world class deposit a commercial reality not just for Axiom but also for the people of the Solomon Islands as a whole.”
Support is still there to the end & so will I.
AVQ Price at posting:
1.9¢ Sentiment: LT Buy Disclosure: Held
