Business
Auxico Resources Announces Resignation of President and CEO
MONTREAL, June 1, 2023 /CNW/ - Auxico Resources Canada Inc. (CSE: AUAG) (OTCQB: AUXIF) (the "Company" or "Auxico") announces that Frederick Kozak has tendered h
About this update from Auxico Resources Canada, Inc.
[{"type":"text","content":" MONTREAL, June 1, 2023 /CNW/ - Auxico Resources Canada Inc. (CSE: AUAG) (OTCQB: AUXIF) (the \"Company\" or \"Auxico\") announces that Frederick Kozak has tendered his resignation from the positions of President and Chief Executive Officer of the Company, effective May 31st, 2023. Auxico would like to thank Mr. Kozak for his contributions while at the Company and wishes him well in his future endeavors. Pierre Gauthier, current Chairman Emeritus of Auxico Resources Canada Inc., has been appointed as President and Chief Executive Officer given his extensive knowledge and understanding of the business and assets of the Company. \"The Terbium and Dysprosium content within Auxico's Colombia and Brazil properties combined with the patent-pending process for the separation of rare earths puts Auxico in a unique position to provide refined light and heavy rare earths for the EV magnet industry.\" - Pierre Gauthier, President and Chief Executive Officer of Auxico Resources Canada Inc. 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 and on the OTCQB Market under symbol AUXIF. Auxico is engaged in the acquisition, exploration and development of mineral properties in Colombia, Brazil, Mexico and the Democratic Republic of the Congo. Additional information on Auxico can be found on the Company's website (www.auxicoresources.com) or on SEDAR (www.sedar.com) under \"Auxico Resources Canada Inc.\" ON BEHALF OF THE BOARD OF DIRECTORS « signed. » Mark BillingsChairman, Auxico Resources Canada Inc. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release. 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 Compa...