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DJ Auxico Resources Canada Inc. Auxico Closes Private Placement

12 February 2019 
                         Auxico Resources Canada Inc. 
                          ("Auxico" or the "Company") 
                                 NEWS RELEASE 
                        AUXICO CLOSES PRIVATE PLACEMENT 
The Company is pleased to note the announcement released yesterday via SEDAR in 
Auxico Resources Canada Inc. (CSE: AUAG) (NEX London: AUAG) is pleased to 
announce that it has completed a non-brokered private placement of 2,000,000 
units ("Units"), issued at a price of $0.20 per Unit, for gross proceeds of 
$400,000.  Each unit consists of one common share (a "Share") and one-half 
transferable common share purchase warrant ("Warrant").  Each full Warrant 
entitles the holder to acquire one additional Share of the Company at a price 
of $0.40 per Share for two years from the date of issuance. 
The Company paid finder's fees of $28,000 in connection with the private 
placement. All Shares issued pursuant to the private placement are subject to a 
four-month hold period in Canada. 
The net proceeds of the private placement will be used for evaluating coltan 
opportunities in Colombia and Brazil, as well as for general working capital 
« signed »                                                         « signed » 
Pierre Gauthier                                                 Mark Billings 
CEO, Auxico Resources Canada Inc.                 President, Auxico Resources 
Canada Inc.                         
Cell: +1 514 299 0881                                      Cell: +1 514 296 
The Directors of the Company accept responsibility for the contents of this 
For further information, please contact: 
Auxico Resources Canada Inc. 
Mark Billings, President                                   + 1 514 296 1641                         
NEX Exchange Growth Market Corporate Adviser: 
Peterhouse Capital Limited 
Guy Miller and Fungai Ndoro                                +44 (0)20 7469 0930 
About Auxico Resources Canada Inc. 
Auxico Resources Canada Inc. ("Auxico") is a Canadian company that was founded 
in 2014 and based in Montreal. Auxico is engaged in the acquisition, 
exploration and development of mineral properties in Colombia and Mexico. 
The Canadian Securities Exchange (CSE) has not reviewed and does not accept 
responsibility for the adequacy or the accuracy of the contents of this 

(END) Dow Jones Newswires

February 12, 2019 02:00 ET (07:00 GMT)