AJN Resources Inc. Clarifies April 14, 2020 News Release
Vancouver, British Columbia--(Newsfile Corp. - April 15, 2020) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") announces that as a result of a review of AJN's news release dated April 14, 2020 by the Investment Industry Regulatory Organization of Canada (IIROC), AJN is issuing this news release to clarify disclosure from this aforementioned news release. The headline of the April 14, 2020 news release is revised as follows to delete the reference to defined historic mineral resources of more...
2020-04-15 2:16 PM EDT
AJN Resources Inc. Announces Defined Historic Mineral Resources of More Than 6 Million Ounces of Gold and Update on the North Congolese Gold Project
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2020) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") is pleased to announce historic Mineral Resource Estimates at Zani-Kodo and Giro Goldfields and an update on the North Congolese Gold Project (NGCP) where AJN has the right to acquire indirect 30-35% free carried interests on 13 licences covering 3,801km2 pursuant to the Memorandum of Understanding (MoU) signed 18th January 2020 with Société Minière de Kilo-Moto SA (SOKIMO).HighlightsZani-Kodo (30% free carried interest) -...
2020-04-14 12:08 PM EDT
AJN Resources Inc. Announces Update of the $1,256,115 Convertible Debenture Financing
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2020) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") is pleased to provide the following update for the Convertible Debenture financing announced February 6, 2020. The Convertible Debenture Subscription Agreement has been completed by Neo Gold Limited. Through the Convertible Debenture financing AJN will raise $1,256,115 and issue 12.56115 Convertible Debentures. Neo Gold Limited has advised AJN that the funds will be wired next week. The funds will...
2020-04-08 1:50 PM EDT
AJN Resources Inc. Official Communication from the Democratic Republic of Congo Minister of Portfolio
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2020) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") is pleased to announce that the Democratic Republic of Congo ("DRC") Minister of Portfolio, The Honourable, Professor Clément Kuete Nyimi Bemuna, has officially verified our Memorandum of Understanding with Société Minière de Kilo-Moto SA ('SOKIMO') whereby SOKIMO proposes to convert its rights to direct participation in various gold licences into shares in AJN Resources Inc (AJN) in the DRC.The Honourable Professor Clément Kuete...
2020-03-03 12:03 PM EST
AJN Resources Inc. Decides Not to Proceed with Proposed Acquisition of Kibali Interest
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2020) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") announces that as a result of its due diligence and further information received, it will not proceed with its proposed acquisition of SOKIMO's 10% free carried interest in the Kibali Gold Mine, as announced in AJN's news release of February 6, 2020.AJN continues to progress with its due diligence on the other projects listed in its February 6, 2020 press release. ...
2020-03-01 4:04 PM EST
AJN Resources Inc. Announces Closing of Oversubscribed Financing
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2020) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") is pleased to announce it has closed the previously announced financing to raise $2 million at $0.40 per share. The financing was oversubscribed. AJN has issued 5,000,000 shares at $0.40 per share for gross proceeds of $2,000,000. The proceeds will be used for general working capital. All shares issued will have a 4-month hold period. Finders' fees of...
2020-02-24 5:21 PM EST
AJN Resources Inc. Enters Gold Province in The Democratic Republic of Congo ("DRC")
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2020) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") announces that on January 18, 2020, AJN signed a Memorandum of Understand (MoU) with Société Minière de Kilo-Moto SA ('SOKIMO') whereby SOKIMO proposes to obtain from AJN the conversion of its rights to a direct participation in various gold licences held by SOKIMO into shares in AJN. The gold licences are located within the Kilo-Moto gold province in the north-east of the Democratic...
2020-02-06 12:11 PM EST
AJN Completes Drilling at Salt Wells Project and Appoints CFO
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2019) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") announces it has completed drilling at the Salt Wells lithium project near Fallon, Nevada. The difficult access on soft ground to the second hole and the loss of this hole at 100 feet meant the drilling was only partially successful. Lithium and boron values were similar to the first hole drilled with no economic grades detected. Although boron values are...
2019-12-16 1:00 PM EST
AJN Resources Inc. Discovers Boron Brine at Salt Wells Project
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2019) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") is pleased to announce drilling results of its first drill hole at the Salt Wells lithium project near Fallon, Nevada. A Boron bearing brine was intercepted intermittently between the surface and 280 feet (85 meters). The best dissolved Boron assays were between 120 and 280 feet (37 and 85 meters) with the highest assay being 434 ppm. It is unknown in...
2019-08-21 12:51 PM EDT
AJN Resources Inc. Announces Closing of First Tranche of Financing and Announces Convertible Debenture Financing
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2019) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") is pleased to announce it has closed the first tranche of the previously announced financing to raise up to $2 million at $0.25 per share. Pursuant to the first tranche, AJN has issued 4,545,000 shares at $0.25 per share for gross proceeds of $1,136,250. The Proceeds will be used for general working capital. All the shares issued will have a...
2019-07-24 10:29 AM EDT
AJN Resources Inc. Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2019) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") is pleased to announce that it intends to complete a non-brokered private placement of up to 8 million shares ("Shares") at a price of $0.25 per share, for gross proceeds of $2,000,000 (the "Offering"). AJN intends to use the net proceeds from the Offering for general corporate and working capital purposes. The securities issued and issuable pursuant to the Offering will be...
2019-07-02 9:00 AM EDT
AJN Resources Inc. Appoints Sheena Eckhof as Director
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2019) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") is pleased to announce that it has appointed Miss Sheena Eckhof as member of the Board of Directors of AJN. Miss Eckhof is currently a director and Investor Relations Manager at ASX-listed Taruga Minerals Limited. She previously worked as Investor Relations Officer and Business Development Analyst for Independence Group NL, a mid-cap West Australian nickel mining company. She has also gained extensive...
2019-06-26 9:00 AM EDT
AJN Resources Inc. Appoints Klaus Eckhof as President and CEO
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2019) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") is pleased to announce that it has appointed Mr. Klaus Eckhof as President and CEO. Mr. Eckhof is a geologist with more than 20 years of experience developing mineral deposits throughout the globe including Africa. Mr. Eckhof worked for Mount Edon Gold Mines Ltd as Business Development Manager before it was acquired by Canadian mining company Teck. In 1994, he founded Spinifex...
2019-06-24 9:00 AM EDT
AJN Resources Inc. Announces Grid Geochemical Sampling Results Received and Interpreted from Its Lithium Property in Nevada, USA
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2018) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") is pleased to announce the results from its surface grid salt sampling program at the Company's Lithium Salt Wells project in Nevada. The sampling grid, with 67 samples on 400 meter spacing, was run to determine surface concentrations of Lithium and Boron. These lithium and boron values were then plotted and contoured to help define possible structures. Contour maps showing both elements are...
2018-12-10 11:45 AM EST
AJN Resources Inc. Acquires Additional Claims and Completes Geochemical Sampling at Salt Wells Lithium Project in Nevada
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2018) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") has acquired additional claims at the Salt Wells lithium project, located in western Nevada 25 km southeast of Fallon. The acquisition brings the total claims held from 78 to 105. Surface salt grid sampling of the entire claim block has been completed and results are expected shortly.AJN's claim holdings at Salt Wells lithium project now total 850 hectares (2,100 acres). The claims...
2018-11-13 9:00 AM EST
AJN Resources Inc. Announces Work Program on its Lithium Project in Nevada
Vancouver, British Columbia--(Newsfile Corp. - August 24, 2018) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN") is pleased to announce a work program has been initiated at the Company's Salt Wells Lithium project, located in western Nevada 25 km southeast of Fallon. The program includes the collection of 60-70 surface salt samples on a grid and additional geophysics to aid in targeting planned drilling.An MT geophysical survey has already identified several major faults and what have been interpreted by...
2018-08-24 9:00 AM EDT
AJN Resources Inc. Announces Listing on Frankfurt Stock Exchange
Vancouver, British Columbia--(Newsfile Corp. - August 2, 2018) - AJN Resources Inc. (CSE: AJN) ("AJN") is pleased to announce the listing of its common shares for trading on the Frankfurt Stock Exchange (Deutsche Boerse AG) under the symbol WKN A2JN3M (5AT).With this listing, the Company's shares are now cross-listed on the Canadian Securities Exchange ("CSE") and the Frankfurt Stock Exchange, one of the largest stock exchanges in the world. AJN anticipates the Frankfurt listing will help increase trading liquidity and facilitate...
2018-08-02 9:00 AM EDT
AJN Resources Inc. Listed on the Canadian Securities Exchange
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2018) - AJN Resources Inc. (CSE: AJN) ("AJN" or the "Company") announces that the Company's common shares will begin trading on the Canadian Securities Exchange under the trading symbol "AJN". The Company is a reporting issuer in British Columbia and, upon listing of the Company's shares, will become a reporting issuer in Ontario. Management TeamJag Sandhu, President, CEO and DirectorMr. Sandhu is a specialist in corporate finance and development and...
2018-06-12 9:00 AM EDT