Posting this again with the pretty pictures. Klaus probably lining up to do a CR in Germany. The paid article below was issued by German site.
Gute Kooperation mit Regierung: AJN Resources: Junger Gold- und Lithiumexplorer im Kongo nimmt Fahrt auf
Anzeige / WerbungDer deutsche Geologe Klaus Eckhof genießt hohes Vertrauen bei den kongolesischen Regierungsbehörden. Alle Rohstoff-Claims befinden sich in besten Lagen. Die Gold-Claims unweit Kibali;www.finanznachrichten.de
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02.11.2022 | 09:33
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Good cooperation with government: AJN Resources: Young gold and lithium explorer in the Congo is picking up speed
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The German geologist Klaus Eckhof enjoys a high level of trust among the Congolese government authorities. All commodity claims are in prime locations. The gold claims near Kibali; the lithium claim not far from Manono.
The Congolese government will shortly bring 21 attractive gold projects and a lithium deposit to AJN Resources Inc. (TSX-V: AJN, FSE: 5AT) through an already incorporated company. Thereafter, the Congo Government will hold 60 percent of all AJN common stock and together with AJN management will seek to advance the projects and repeat the great achievements of Moto-Goldmines and AVZ Minerals.
Good things come to those who wait is a well-known German proverb. It describes very well what has happened at AJN Resources this year. As early as February 8, 2022, the company announced that it had signed a letter of intent with the government of the Democratic Republic of the Congo. It was officially confirmed on April 19, 2022.
General information, chart and videos about AJN Resources and other resource/technology companies at:
After that, it seemed to outsiders that AJN Resources and its activities had become quite quiet. However, the details of the two agreements were being worked on diligently behind the scenes. They have been completed in the meantime and the result is impressive both from the point of view of the shareholders of AJN Resources and from the point of view of the Congo government, because numerous very promising exploration properties have been bundled in a new company.
Congo Resources will soon become a 100% subsidiary of AJN Resources
The new company is called Congo Resources SAU. It will shortly receive 22 Exploration Permit Applications. Located in the east of the country, they cover 6,278 mining squares and an area of 5,398 km². The bulk of the applications, 21 in total, concern gold deposits and relate to the Kilo Moto gold belt. The 22nd permit is for a lithium occurrence in the Manono region.
Official event in Congo.
Klaus Eckhof's good relations with the Congolese government are paying off again.
In the past few weeks, the Congo government has authorized the mining register to accept the 22 new applications. As soon as the land registry office has approved the applications, the now fully founded Congo Resources SAU can start its work. However, it will not operate independently, but will operate as a 100% subsidiary of AJN Resources.
To this end, AJN Resources will transfer 60 percent of its ordinary shares to the Congolese state following capital increases that have yet to be carried out. This ensures that the country's promising gold projects cannot fall into foreign hands without the government of the Congo having a say.
AJN Resources will soon have an extremely attractive project portfolio
It speaks for AJN Resources and in particular its CEO and President, Klaus Eckhof, that the government of the Congo not only wants to bundle the important and particularly promising gold projects in the north-east of the Congo in one hand, but entrusts the development of these properties to AJN Resources.
AJN itself is still a young company and hardly any investor has this inconspicuous caterpillar, which could soon turn into a butterfly, on their radar. But government circles have not forgotten the great successes that Klaus Eckhof has achieved in the Congo over the past two decades. AJN on the ball on numerous gold claims; many of them not far from the legendary Kibali gold mine.
The development of the Kilo-Moto gold mine, acquired by Randgold in 2009 and now part of Barrick Gold through Randgold's merger with Barrick Gold, established its legendary reputation in the country. The project was acquired in late 2003 and has subsequently outlined over 20 million ounces of gold in just four years of exploration. They quickly attracted interest from Randgold Resources, which eventually not only led to Randgold's acquisition of Moto-Goldmines, but also significantly made Randgold the attractive company that merged with Barrick Gold in 2018.
In southern Congo, Klaus Eckhof, founder and former Executive Chairman of AVZ Minerals, also developed the Manono Project. LCT (lithium, cesium, tantalum) pegmatite deposits have been discovered on it. Their exploration has progressed so far in recent years that the Manono project has now grown into one of the largest lithium projects in the world.
Alphamin Resources' Mpama North mine also operates in northern Congo. This project, also discovered by Klaus Eckhof, not only represents a classic high-grade, low-cost producer, but with its annual production of around 10,000 tons of tin now also accounts for around three percent of global tin production.
No raw material project can succeed without the trust and goodwill of the local population
AJN Resources wants to continue this success story.
A continuation of this success story is not only possible, but planned. If it were otherwise, the government of the Congo would not have bundled 22 interesting mining projects in the country in the Congo Resources SAU and, secondly, would not have brought them into AJN Resources, but organized a management team and started exploration independently of AJN Resources.
However, the government of the Congo does not want to work with just anyone, but has made a conscious decision to cooperate with Klaus Eckhof. The same applies to all those investors who will participate in the forthcoming financing of AJN Resources. These investors also know that they will only be minority shareholders due to the state's 60% stake in AJN Resources, but they also make a conscious decision to work with Klaus Eckhof.
Investors entering AJN Resources invest in gold and lithium
How extensive the capital increases at AJN Resources will be will be determined by the forthcoming due diligence reviews for the projects brought in. However, two things are already certain: the Congolese state will hold 60 percent of all ordinary shares after all transactions have been completed and all shareholders, whether state or private, are focusing on the topics of gold/inflation and lithium/electromobility with their commitment to AJN Resources.
The gold properties are all located in northeastern Congo. The particularly attractive and promising projects include Wanga, Rambi, Gada and Nizi, as well as ten other exploration licenses in the Kilo Moto belt. The Company's lithium focus will also develop to the east but significantly further south as the Congo government has agreed to support the granting of a lithium license to Congo Resources SAU. It includes part of the Manono pegmatite.
AJN's lithium project is also in a truly prime location near the Manono lithium deposit.
Final preparations, then a win-win situation starts for everyone involved
In the coming weeks, the state will take further coordination measures to ensure the smooth issuance of the lithium license. The Congolese state will probably also want to participate in the further capital increases that will be necessary over time, because the government of the Congo has secured a right of first refusal for all capital measures to be carried out in the future.
This right only makes sense if the Congolese state wants to remain the company's main shareholder. Upon closing of the transaction, AJN Resources will be led by five directors. Two of them, including the vice-chairman, will be appointed by the state.
The chosen procedure offers advantages for everyone involved, because it creates a classic win-win situation. The state benefits from the fact that the gold projects it has brought into the company are finally being vigorously developed, and private investors also benefit from the state's participation, because they know that the state also has an increased interest in turning the properties into producing mines because the overriding goal of the government is long-term secure jobs for the local population and high, ongoing income from taxes and mining operations for itself.
Investors looking for further investments in the fields of gold and lithium can therefore only be strongly recommended to deal with AJN Resources, because there is not only the possibility that Klaus Eckhof will repeat his great successes in the Congo, but also at the same time the danger that investors only become aware of the company long after the train has left AJN Resources. Therefore, an early involvement with the company is only recommended to every interested commodity investor.
Posting this again with the pretty pictures. Klaus probably lining up to do a CR in Germany. The paid article below was issued by German site.
Aktien | Aktuelle Nachrichten zu Finanzen
FinanzNachrichten.de ✓ bietet die wichtigsten Nachrichten aus dem Bereich Aktien, Börse und Wirtschaft mit täglich über 12.000 Wirtschafts-News sowie Aktienkursewww.finanznachrichten.de
Happy to see in the title......Advertisement / Advertising
Good cooperation with government: AJN Resources: Young gold and lithium explorer in Congo is picking up speed
Advertisement / Advertising
The German geologist Klaus Eckhof enjoys high confidence among the Congolese government authorities. All raw material claim are in the best locations. The gold claim not far from Kibali; the lithium claim not far from Manono.
The Congolese state will soon have 21 attractive gold projects and a lithium deposit in AJN Resources Inc. through an already founded company. (TSX-V: AJN, FSE: 5AT). Subsequently, the government of the Congo will hold 60 percent of all AJN ordinary shares and, together with the AJN management, will strive to further develop the projects and repeat the great successes of Moto-Goldmines and AVZ Minerals.
What lasts a long time will finally be good, is a well-known German proverb. It describes very well what has happened at AJN Resources this year. Already on the 8th In February 2022, the company announced that a memorandum of understanding had been signed with the government of the Democratic Republic of Congo. She was born on the 19th. April 2022 confirmed by the state.
General information, chart and videos about AJN Resources and other raw materials/technology companies at:
?? axinocapital.de/ajn or ?? axinocapital.de
Please subscribe to our YouTube channel ?? Here
Subsequently, it seemed to outsiders that it had become quite quiet about AJN Resources and its activities. Behind the scenes, however, the details of the two agreements were eagerly worked on. In the meantime, they have been completed and the result can be seen both from the point of view of the shareholders of AJN Resources and from the point of view of the government of the Congo, because numerous very promising exploration properties have been bundled in a new company.
Congo Resources will soon become a 100% subsidiary of AJN Resources
The new company is called Congo Ressources SAU. 22 applications for exploration permits will soon be submitted to them. They are located in the east of the country and cover 6,278 mining squares and an area of 5,398 km2. The mass of applications, a total of 21 in number, concern gold deposits and refer to the kilo-moto gold belt. The 22nd Approval concerns a lithium deposit in the Manono region.
Klaus Eckhof's good relations with the Congolese government
pay off again
In recent weeks, the government of the Congo has authorized the mining cadastre to accept the 22 new applications. As soon as the cadastral office has approved the applications, Congo Ressources SAU, which has now been fully founded, can start its work. However, she will not become self-employed, but will act as a 100% subsidiary of AJN Resources.
To this end, AJN Resources will hand over 60 percent of its ordinary shares to the Congolese state following capital increases still to be made. This ensures that the country's promising gold projects cannot get into foreign hands without the government of the Congo having a say.
AJN Ressources will soon have an extremely attractive project portfolio
It speaks for AJN Resources and in particular its CEO and president, Klaus Eckhof, that the government of the Congo not only wants to bundle the important and particularly promising gold projects in the northeast of the Congo in one hand, but also entrusts the development of these properties to AJN Ressources.
AJN itself is still a young company and hardly any investor already has this inconspicuous caterpillar, which could soon turn into a butterfly, on its radar. But in government circles, it is not forgotten what great successes Klaus Eckhof has achieved in the past two decades in Congo.
AJN is on the ball with numerous gold claws; many of them
not far from the legendary Kibali gold mine
An impressive track record
The development of the Kilo-Moto gold mine, which was taken over by Randgold in 2009 and is now part of Barrick Gold through the merger of Randgold with Barrick Gold, established its legendary reputation in the country. The project was acquired at the end of 2003. Subsequently, more than 20 million ounces of gold were delimited on it within just four years of exploration. They quickly aroused the interest of Randgold Resources, which ultimately not only led to the acquisition of Moto Gold Mines by Randgold, but also made Randgold the attractive company that merged with Barrick Gold in 2018.
In the south of the Congo, Klaus Eckhof also opened up the Manono project as founder and former executive chairman of AVZ Minerals. LCT (lithium, caesium, tantalum) pegmatite deposits were discovered on it. Their exploration has been pushed so far in recent years that the Manono project has now grown into one of the largest lithium projects in the world.
In the north of the Congo, the Mpama North mine of Alphamin Ressources also operates. This project, also discovered by Klaus Eckhof, not only represents a classic high-grade low-cost producer, but with its annual production of around 10,000 tons of tin, now also represents about three percent of the world's tin production.
Without the trust and goodwill of the locals
Population can't succeed a raw material project
AJN Resources wants to build on this success story
A continuation of this success story is not only possible, but planned. If it were different, the government of the Congo, firstly, would not have bundled 22 interesting mining projects in the country in Congo Resources SAU and secondly, would not have contributed them to AJN Resources, but a management team would have organized and started exploration independently of AJN Resources.
However, the government of the Congo does not want to work with anyone, but has deliberately decided to cooperate with Klaus Eckhof. The same applies to all those investors who will participate in AJN Resources in the upcoming financing. These investors also know that due to the 60% share of the state in AJN Resources, they will only be minority shareholders, but they also consciously decide to cooperate with Klaus Eckhof.
Investors entering AJN Resources invest in gold and lithium
The extent to which the capital increases at AJN Resources will be determined by the upcoming due diligence checks for the submitted projects. However, two things are already certain: The Congolese state will hold 60 percent of all ordinary shares after completion of all transactions and all shareholders, whether state or private, rely on the topics of gold/inflation and lithium/electric mobility with their commitment to AJN Resources.
The gold properties are all located in the northeast of the Congo. Particularly attractive and promising projects include Wanga, Rambi, Gada and Nizi, as well as ten other exploration licenses in the kilo-moto belt. The company's lithium focus will also develop in the east, but much further south, because the government of Congo has agreed to support the granting of a lithium license to Congo Ressources SAU. It includes part of the pegmatite Manono.
AJN's lithium project is located near the Manono
Lithium deposit also in a truly best location
Final preparations, then a win-win situation starts for everyone involved
In the coming weeks, the state will take further coordination measures to ensure the smooth issuance of the lithium license. The Congolese state will also probably also want to participate in the further capital increases that will be necessary over time, because the government of Congo has secured a right of first refusal in the treaties for all capital measures to be carried out in the future.
This right only makes sense if the Congolese state wants to continue to be the company's most important shareholder. After completion of the transaction, AJN Resources will be led by five directors. Two of them, including the vice-chairman, will be appointed by the state.
The chosen procedure offers advantages for all parties involved, because a classic win-win situation arises. The state benefits from the fact that the gold projects it brings into the company are finally being developed emphatically and private investors also benefit from the participation of the state, because they know that it also has an increased interest in turning the properties into production mines, because the overarching goal of the government is long-term secure jobs for the local population and high, continuous income from taxes and mining operations for itself.
Investors who are looking for further investments in the fields of gold and lithium can therefore only be strongly advised to work with AJN Resources, because there is not only the possibility that Klaus Eckhof will repeat his great successes in Congo, but also the risk that investors will not become aware of society until the train has long since left AJN Resources. Therefore, early employment with the company is only recommended to any interested raw material investor.
Risk warning
AXINO Media GmbH offers editors, agencies and companies the opportunity to publish comments, analyses and news on www.axinocapital.de. This content is used exclusively for informing readers and does not constitute a kind of call to action, neither explicitly nor implicitly they are to be understood as an assurance of any price developments. Furthermore, they in no way replace individual expert investment advice and do not constitute an offer to sell the treated share(s) or an invitation to buy or sell securities. This is expressly not a financial analysis, but advertising / journalistic texts. Readers who make investment decisions based on the information offered here or Carry out transactions, act completely at your own risk. There is no contractual relationship between AXINO Media GmbH and its readers or the users of its offers, as our information relates only to the company, but not to the reader's investment decision.
The acquisition of securities carries high risks, which can lead to the total loss of the invested capital. The information published by AXINO Media GmbH and its authors is based on careful research, but any liability for financial losses or the content guarantee for timeliness, correctness, adequacy and completeness of the articles offered here is expressly excluded. Please also note our terms of use.
According to §34b WpHG and §48f Abs. 5 BörseG (Austria), we would like to point out that AXINO Media GmbH and/or its employees, affiliated companies, partners or clients, hold shares of AJN Resources Inc. and thus there is a conflict of interest. We cannot also rule out other stock market letters, media or research companies discussing the values we discuss in the same period. Therefore, there may be symmetrical information and opinion generation during this period. Another conflict of interest is that there is a consulting or other service contract between AXINO Media GmbH and AJN Resources Inc. According to this, AXINO Media GmbH is paid for its reporting. AXINO Media GmbH and its affiliated companies also reserve the right to buy or sell shares of the company at any time.
Included values: XD0002747026,CA00149L1058
Posting this again with the pretty pictures. Klaus probably lining up to do a CR in Germany. The paid article below was issued by German site.
Aktien | Aktuelle Nachrichten zu Finanzen
FinanzNachrichten.de ✓ bietet die wichtigsten Nachrichten aus dem Bereich Aktien, Börse und Wirtschaft mit täglich über 12.000 Wirtschafts-News sowie Aktienkurse
Happy to see in the title......Advertisement / Advertising
Good cooperation with government: AJN Resources: Young gold and lithium explorer in Congo is picking up speed
Advertisement / Advertising
The German geologist Klaus Eckhof enjoys high confidence among the Congolese government authorities. All raw material claim are in the best locations. The gold claim not far from Kibali; the lithium claim not far from Manono.
The Congolese state will soon have 21 attractive gold projects and a lithium deposit in AJN Resources Inc. through an already founded company. (TSX-V: AJN, FSE: 5AT). Subsequently, the government of the Congo will hold 60 percent of all AJN ordinary shares and, together with the AJN management, will strive to further develop the projects and repeat the great successes of Moto-Goldmines and AVZ Minerals.
What lasts a long time will finally be good, is a well-known German proverb. It describes very well what has happened at AJN Resources this year. Already on the 8th In February 2022, the company announced that a memorandum of understanding had been signed with the government of the Democratic Republic of Congo. She was born on the 19th. April 2022 confirmed by the state.
General information, chart and videos about AJN Resources and other raw materials/technology companies at:
?? axinocapital.de/ajn or ?? axinocapital.de
Please subscribe to our YouTube channel ?? Here
Subsequently, it seemed to outsiders that it had become quite quiet about AJN Resources and its activities. Behind the scenes, however, the details of the two agreements were eagerly worked on. In the meantime, they have been completed and the result can be seen both from the point of view of the shareholders of AJN Resources and from the point of view of the government of the Congo, because numerous very promising exploration properties have been bundled in a new company.
Congo Resources will soon become a 100% subsidiary of AJN Resources
The new company is called Congo Ressources SAU. 22 applications for exploration permits will soon be submitted to them. They are located in the east of the country and cover 6,278 mining squares and an area of 5,398 km2. The mass of applications, a total of 21 in number, concern gold deposits and refer to the kilo-moto gold belt. The 22nd Approval concerns a lithium deposit in the Manono region.
Klaus Eckhof's good relations with the Congolese government
pay off again
In recent weeks, the government of the Congo has authorized the mining cadastre to accept the 22 new applications. As soon as the cadastral office has approved the applications, Congo Ressources SAU, which has now been fully founded, can start its work. However, she will not become self-employed, but will act as a 100% subsidiary of AJN Resources.
To this end, AJN Resources will hand over 60 percent of its ordinary shares to the Congolese state following capital increases still to be made. This ensures that the country's promising gold projects cannot get into foreign hands without the government of the Congo having a say.
AJN Ressources will soon have an extremely attractive project portfolio
It speaks for AJN Resources and in particular its CEO and president, Klaus Eckhof, that the government of the Congo not only wants to bundle the important and particularly promising gold projects in the northeast of the Congo in one hand, but also entrusts the development of these properties to AJN Ressources.
AJN itself is still a young company and hardly any investor already has this inconspicuous caterpillar, which could soon turn into a butterfly, on its radar. But in government circles, it is not forgotten what great successes Klaus Eckhof has achieved in the past two decades in Congo.
AJN is on the ball with numerous gold claws; many of them
not far from the legendary Kibali gold mine
An impressive track record
The development of the Kilo-Moto gold mine, which was taken over by Randgold in 2009 and is now part of Barrick Gold through the merger of Randgold with Barrick Gold, established its legendary reputation in the country. The project was acquired at the end of 2003. Subsequently, more than 20 million ounces of gold were delimited on it within just four years of exploration. They quickly aroused the interest of Randgold Resources, which ultimately not only led to the acquisition of Moto Gold Mines by Randgold, but also made Randgold the attractive company that merged with Barrick Gold in 2018.
In the south of the Congo, Klaus Eckhof also opened up the Manono project as founder and former executive chairman of AVZ Minerals. LCT (lithium, caesium, tantalum) pegmatite deposits were discovered on it. Their exploration has been pushed so far in recent years that the Manono project has now grown into one of the largest lithium projects in the world.
In the north of the Congo, the Mpama North mine of Alphamin Ressources also operates. This project, also discovered by Klaus Eckhof, not only represents a classic high-grade low-cost producer, but with its annual production of around 10,000 tons of tin, now also represents about three percent of the world's tin production.
Without the trust and goodwill of the locals
Population can't succeed a raw material project
AJN Resources wants to build on this success story
A continuation of this success story is not only possible, but planned. If it were different, the government of the Congo, firstly, would not have bundled 22 interesting mining projects in the country in Congo Resources SAU and secondly, would not have contributed them to AJN Resources, but a management team would have organized and started exploration independently of AJN Resources.
However, the government of the Congo does not want to work with anyone, but has deliberately decided to cooperate with Klaus Eckhof. The same applies to all those investors who will participate in AJN Resources in the upcoming financing. These investors also know that due to the 60% share of the state in AJN Resources, they will only be minority shareholders, but they also consciously decide to cooperate with Klaus Eckhof.
Investors entering AJN Resources invest in gold and lithium
The extent to which the capital increases at AJN Resources will be determined by the upcoming due diligence checks for the submitted projects. However, two things are already certain: The Congolese state will hold 60 percent of all ordinary shares after completion of all transactions and all shareholders, whether state or private, rely on the topics of gold/inflation and lithium/electric mobility with their commitment to AJN Resources.
The gold properties are all located in the northeast of the Congo. Particularly attractive and promising projects include Wanga, Rambi, Gada and Nizi, as well as ten other exploration licenses in the kilo-moto belt. The company's lithium focus will also develop in the east, but much further south, because the government of Congo has agreed to support the granting of a lithium license to Congo Ressources SAU. It includes part of the pegmatite Manono.
AJN's lithium project is located near the Manono
Lithium deposit also in a truly best location
Final preparations, then a win-win situation starts for everyone involved
In the coming weeks, the state will take further coordination measures to ensure the smooth issuance of the lithium license. The Congolese state will also probably also want to participate in the further capital increases that will be necessary over time, because the government of Congo has secured a right of first refusal in the treaties for all capital measures to be carried out in the future.
This right only makes sense if the Congolese state wants to continue to be the company's most important shareholder. After completion of the transaction, AJN Resources will be led by five directors. Two of them, including the vice-chairman, will be appointed by the state.
The chosen procedure offers advantages for all parties involved, because a classic win-win situation arises. The state benefits from the fact that the gold projects it brings into the company are finally being developed emphatically and private investors also benefit from the participation of the state, because they know that it also has an increased interest in turning the properties into production mines, because the overarching goal of the government is long-term secure jobs for the local population and high, continuous income from taxes and mining operations for itself.
Investors who are looking for further investments in the fields of gold and lithium can therefore only be strongly advised to work with AJN Resources, because there is not only the possibility that Klaus Eckhof will repeat his great successes in Congo, but also the risk that investors will not become aware of society until the train has long since left AJN Resources. Therefore, early employment with the company is only recommended to any interested raw material investor.
Risk warning
AXINO Media GmbH offers editors, agencies and companies the opportunity to publish comments, analyses and news on www.axinocapital.de. This content is used exclusively for informing readers and does not constitute a kind of call to action, neither explicitly nor implicitly they are to be understood as an assurance of any price developments. Furthermore, they in no way replace individual expert investment advice and do not constitute an offer to sell the treated share(s) or an invitation to buy or sell securities. This is expressly not a financial analysis, but advertising / journalistic texts. Readers who make investment decisions based on the information offered here or Carry out transactions, act completely at your own risk. There is no contractual relationship between AXINO Media GmbH and its readers or the users of its offers, as our information relates only to the company, but not to the reader's investment decision.
The acquisition of securities carries high risks, which can lead to the total loss of the invested capital. The information published by AXINO Media GmbH and its authors is based on careful research, but any liability for financial losses or the content guarantee for timeliness, correctness, adequacy and completeness of the articles offered here is expressly excluded. Please also note our terms of use.
According to §34b WpHG and §48f Abs. 5 BörseG (Austria), we would like to point out that AXINO Media GmbH and/or its employees, affiliated companies, partners or clients, hold shares of AJN Resources Inc. and thus there is a conflict of interest. We cannot also rule out other stock market letters, media or research companies discussing the values we discuss in the same period. Therefore, there may be symmetrical information and opinion generation during this period. Another conflict of interest is that there is a consulting or other service contract between AXINO Media GmbH and AJN Resources Inc. According to this, AXINO Media GmbH is paid for its reporting. AXINO Media GmbH and its affiliated companies also reserve the right to buy or sell shares of the company at any time.
Included values: XD0002747026,CA00149L1058
Yeh Nigel did the Germany presso's with Axino.Posting this again with the pretty pictures. Klaus probably lining up to do a CR in Germany. The paid article below was issued by German site.
Aktien | Aktuelle Nachrichten zu Finanzen
FinanzNachrichten.de ✓ bietet die wichtigsten Nachrichten aus dem Bereich Aktien, Börse und Wirtschaft mit täglich über 12.000 Wirtschafts-News sowie Aktienkurse
Happy to see in the title......Advertisement / Advertising
Good cooperation with government: AJN Resources: Young gold and lithium explorer in Congo is picking up speed
Advertisement / Advertising
The German geologist Klaus Eckhof enjoys high confidence among the Congolese government authorities. All raw material claim are in the best locations. The gold claim not far from Kibali; the lithium claim not far from Manono.
The Congolese state will soon have 21 attractive gold projects and a lithium deposit in AJN Resources Inc. through an already founded company. (TSX-V: AJN, FSE: 5AT). Subsequently, the government of the Congo will hold 60 percent of all AJN ordinary shares and, together with the AJN management, will strive to further develop the projects and repeat the great successes of Moto-Goldmines and AVZ Minerals.
What lasts a long time will finally be good, is a well-known German proverb. It describes very well what has happened at AJN Resources this year. Already on the 8th In February 2022, the company announced that a memorandum of understanding had been signed with the government of the Democratic Republic of Congo. She was born on the 19th. April 2022 confirmed by the state.
General information, chart and videos about AJN Resources and other raw materials/technology companies at:
?? axinocapital.de/ajn or ?? axinocapital.de
Please subscribe to our YouTube channel ?? Here
Subsequently, it seemed to outsiders that it had become quite quiet about AJN Resources and its activities. Behind the scenes, however, the details of the two agreements were eagerly worked on. In the meantime, they have been completed and the result can be seen both from the point of view of the shareholders of AJN Resources and from the point of view of the government of the Congo, because numerous very promising exploration properties have been bundled in a new company.
Congo Resources will soon become a 100% subsidiary of AJN Resources
The new company is called Congo Ressources SAU. 22 applications for exploration permits will soon be submitted to them. They are located in the east of the country and cover 6,278 mining squares and an area of 5,398 km2. The mass of applications, a total of 21 in number, concern gold deposits and refer to the kilo-moto gold belt. The 22nd Approval concerns a lithium deposit in the Manono region.
Klaus Eckhof's good relations with the Congolese government
pay off again
In recent weeks, the government of the Congo has authorized the mining cadastre to accept the 22 new applications. As soon as the cadastral office has approved the applications, Congo Ressources SAU, which has now been fully founded, can start its work. However, she will not become self-employed, but will act as a 100% subsidiary of AJN Resources.
To this end, AJN Resources will hand over 60 percent of its ordinary shares to the Congolese state following capital increases still to be made. This ensures that the country's promising gold projects cannot get into foreign hands without the government of the Congo having a say.
AJN Ressources will soon have an extremely attractive project portfolio
It speaks for AJN Resources and in particular its CEO and president, Klaus Eckhof, that the government of the Congo not only wants to bundle the important and particularly promising gold projects in the northeast of the Congo in one hand, but also entrusts the development of these properties to AJN Ressources.
AJN itself is still a young company and hardly any investor already has this inconspicuous caterpillar, which could soon turn into a butterfly, on its radar. But in government circles, it is not forgotten what great successes Klaus Eckhof has achieved in the past two decades in Congo.
AJN is on the ball with numerous gold claws; many of them
not far from the legendary Kibali gold mine
An impressive track record
The development of the Kilo-Moto gold mine, which was taken over by Randgold in 2009 and is now part of Barrick Gold through the merger of Randgold with Barrick Gold, established its legendary reputation in the country. The project was acquired at the end of 2003. Subsequently, more than 20 million ounces of gold were delimited on it within just four years of exploration. They quickly aroused the interest of Randgold Resources, which ultimately not only led to the acquisition of Moto Gold Mines by Randgold, but also made Randgold the attractive company that merged with Barrick Gold in 2018.
In the south of the Congo, Klaus Eckhof also opened up the Manono project as founder and former executive chairman of AVZ Minerals. LCT (lithium, caesium, tantalum) pegmatite deposits were discovered on it. Their exploration has been pushed so far in recent years that the Manono project has now grown into one of the largest lithium projects in the world.
In the north of the Congo, the Mpama North mine of Alphamin Ressources also operates. This project, also discovered by Klaus Eckhof, not only represents a classic high-grade low-cost producer, but with its annual production of around 10,000 tons of tin, now also represents about three percent of the world's tin production.
Without the trust and goodwill of the locals
Population can't succeed a raw material project
AJN Resources wants to build on this success story
A continuation of this success story is not only possible, but planned. If it were different, the government of the Congo, firstly, would not have bundled 22 interesting mining projects in the country in Congo Resources SAU and secondly, would not have contributed them to AJN Resources, but a management team would have organized and started exploration independently of AJN Resources.
However, the government of the Congo does not want to work with anyone, but has deliberately decided to cooperate with Klaus Eckhof. The same applies to all those investors who will participate in AJN Resources in the upcoming financing. These investors also know that due to the 60% share of the state in AJN Resources, they will only be minority shareholders, but they also consciously decide to cooperate with Klaus Eckhof.
Investors entering AJN Resources invest in gold and lithium
The extent to which the capital increases at AJN Resources will be determined by the upcoming due diligence checks for the submitted projects. However, two things are already certain: The Congolese state will hold 60 percent of all ordinary shares after completion of all transactions and all shareholders, whether state or private, rely on the topics of gold/inflation and lithium/electric mobility with their commitment to AJN Resources.
The gold properties are all located in the northeast of the Congo. Particularly attractive and promising projects include Wanga, Rambi, Gada and Nizi, as well as ten other exploration licenses in the kilo-moto belt. The company's lithium focus will also develop in the east, but much further south, because the government of Congo has agreed to support the granting of a lithium license to Congo Ressources SAU. It includes part of the pegmatite Manono.
AJN's lithium project is located near the Manono
Lithium deposit also in a truly best location
Final preparations, then a win-win situation starts for everyone involved
In the coming weeks, the state will take further coordination measures to ensure the smooth issuance of the lithium license. The Congolese state will also probably also want to participate in the further capital increases that will be necessary over time, because the government of Congo has secured a right of first refusal in the treaties for all capital measures to be carried out in the future.
This right only makes sense if the Congolese state wants to continue to be the company's most important shareholder. After completion of the transaction, AJN Resources will be led by five directors. Two of them, including the vice-chairman, will be appointed by the state.
The chosen procedure offers advantages for all parties involved, because a classic win-win situation arises. The state benefits from the fact that the gold projects it brings into the company are finally being developed emphatically and private investors also benefit from the participation of the state, because they know that it also has an increased interest in turning the properties into production mines, because the overarching goal of the government is long-term secure jobs for the local population and high, continuous income from taxes and mining operations for itself.
Investors who are looking for further investments in the fields of gold and lithium can therefore only be strongly advised to work with AJN Resources, because there is not only the possibility that Klaus Eckhof will repeat his great successes in Congo, but also the risk that investors will not become aware of society until the train has long since left AJN Resources. Therefore, early employment with the company is only recommended to any interested raw material investor.
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Included values: XD0002747026,CA00149L1058
My take re AJN is that, similar to Jijin, Klaus has used his DRC connections to illegally obtain under the table/brown paper agreements with gov officials re CDL. If AVZ wants CDL back, NF should fight this hard and fight this NOW. Enough is enough. We need to show corrupted officials in DRC that we are not push over.No worries, You are correct, thanks.
Either way, I hope its a Klaus tactic for positioning, a CR and or sticking it to AVZ, not a loss of the northern section.
Cheers The Fox
Easily fixed
What you are saying is for the DRC to follow the rule of law ??
Why is our German friends saying it’s not far from Manono? Not exactly in Manono as claimed.Gute Kooperation mit Regierung: AJN Resources: Junger Gold- und Lithiumexplorer im Kongo nimmt Fahrt auf
Anzeige / WerbungDer deutsche Geologe Klaus Eckhof genießt hohes Vertrauen bei den kongolesischen Regierungsbehörden. Alle Rohstoff-Claims befinden sich in besten Lagen. Die Gold-Claims unweit Kibali;
From our Axino mates
02.11.2022 | 09:33
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Good cooperation with government: AJN Resources: Young gold and lithium explorer in the Congo is picking up speed
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The German geologist Klaus Eckhof enjoys a high level of trust among the Congolese government authorities. All commodity claims are in prime locations. The gold claims near Kibali; the lithium claim not far from Manono.
The Congolese government will shortly bring 21 attractive gold projects and a lithium deposit to AJN Resources Inc. (TSX-V: AJN, FSE: 5AT) through an already incorporated company. Thereafter, the Congo Government will hold 60 percent of all AJN common stock and together with AJN management will seek to advance the projects and repeat the great achievements of Moto-Goldmines and AVZ Minerals.
Good things come to those who wait is a well-known German proverb. It describes very well what has happened at AJN Resources this year. As early as February 8, 2022, the company announced that it had signed a letter of intent with the government of the Democratic Republic of the Congo. It was officially confirmed on April 19, 2022.
General information, chart and videos about AJN Resources and other resource/technology companies at:
After that, it seemed to outsiders that AJN Resources and its activities had become quite quiet. However, the details of the two agreements were being worked on diligently behind the scenes. They have been completed in the meantime and the result is impressive both from the point of view of the shareholders of AJN Resources and from the point of view of the Congo government, because numerous very promising exploration properties have been bundled in a new company.
Congo Resources will soon become a 100% subsidiary of AJN Resources
The new company is called Congo Resources SAU. It will shortly receive 22 Exploration Permit Applications. Located in the east of the country, they cover 6,278 mining squares and an area of 5,398 km². The bulk of the applications, 21 in total, concern gold deposits and relate to the Kilo Moto gold belt. The 22nd permit is for a lithium occurrence in the Manono region.
Official event in Congo.
Klaus Eckhof's good relations with the Congolese government are paying off again.
In the past few weeks, the Congo government has authorized the mining register to accept the 22 new applications. As soon as the land registry office has approved the applications, the now fully founded Congo Resources SAU can start its work. However, it will not operate independently, but will operate as a 100% subsidiary of AJN Resources.
To this end, AJN Resources will transfer 60 percent of its ordinary shares to the Congolese state following capital increases that have yet to be carried out. This ensures that the country's promising gold projects cannot fall into foreign hands without the government of the Congo having a say.
AJN Resources will soon have an extremely attractive project portfolio
It speaks for AJN Resources and in particular its CEO and President, Klaus Eckhof, that the government of the Congo not only wants to bundle the important and particularly promising gold projects in the north-east of the Congo in one hand, but entrusts the development of these properties to AJN Resources.
AJN itself is still a young company and hardly any investor has this inconspicuous caterpillar, which could soon turn into a butterfly, on their radar. But government circles have not forgotten the great successes that Klaus Eckhof has achieved in the Congo over the past two decades. AJN on the ball on numerous gold claims; many of them not far from the legendary Kibali gold mine.
The development of the Kilo-Moto gold mine, acquired by Randgold in 2009 and now part of Barrick Gold through Randgold's merger with Barrick Gold, established its legendary reputation in the country. The project was acquired in late 2003 and has subsequently outlined over 20 million ounces of gold in just four years of exploration. They quickly attracted interest from Randgold Resources, which eventually not only led to Randgold's acquisition of Moto-Goldmines, but also significantly made Randgold the attractive company that merged with Barrick Gold in 2018.
In southern Congo, Klaus Eckhof, founder and former Executive Chairman of AVZ Minerals, also developed the Manono Project. LCT (lithium, cesium, tantalum) pegmatite deposits have been discovered on it. Their exploration has progressed so far in recent years that the Manono project has now grown into one of the largest lithium projects in the world.
Alphamin Resources' Mpama North mine also operates in northern Congo. This project, also discovered by Klaus Eckhof, not only represents a classic high-grade, low-cost producer, but with its annual production of around 10,000 tons of tin now also accounts for around three percent of global tin production.
No raw material project can succeed without the trust and goodwill of the local population
AJN Resources wants to continue this success story.
A continuation of this success story is not only possible, but planned. If it were otherwise, the government of the Congo would not have bundled 22 interesting mining projects in the country in the Congo Resources SAU and, secondly, would not have brought them into AJN Resources, but organized a management team and started exploration independently of AJN Resources.
However, the government of the Congo does not want to work with just anyone, but has made a conscious decision to cooperate with Klaus Eckhof. The same applies to all those investors who will participate in the forthcoming financing of AJN Resources. These investors also know that they will only be minority shareholders due to the state's 60% stake in AJN Resources, but they also make a conscious decision to work with Klaus Eckhof.
Investors entering AJN Resources invest in gold and lithium
How extensive the capital increases at AJN Resources will be will be determined by the forthcoming due diligence reviews for the projects brought in. However, two things are already certain: the Congolese state will hold 60 percent of all ordinary shares after all transactions have been completed and all shareholders, whether state or private, are focusing on the topics of gold/inflation and lithium/electromobility with their commitment to AJN Resources.
The gold properties are all located in northeastern Congo. The particularly attractive and promising projects include Wanga, Rambi, Gada and Nizi, as well as ten other exploration licenses in the Kilo Moto belt. The Company's lithium focus will also develop to the east but significantly further south as the Congo government has agreed to support the granting of a lithium license to Congo Resources SAU. It includes part of the Manono pegmatite.
AJN's lithium project is also in a truly prime location near the Manono lithium deposit.
Final preparations, then a win-win situation starts for everyone involved
In the coming weeks, the state will take further coordination measures to ensure the smooth issuance of the lithium license. The Congolese state will probably also want to participate in the further capital increases that will be necessary over time, because the government of the Congo has secured a right of first refusal for all capital measures to be carried out in the future.
This right only makes sense if the Congolese state wants to remain the company's main shareholder. Upon closing of the transaction, AJN Resources will be led by five directors. Two of them, including the vice-chairman, will be appointed by the state.
The chosen procedure offers advantages for everyone involved, because it creates a classic win-win situation. The state benefits from the fact that the gold projects it has brought into the company are finally being vigorously developed, and private investors also benefit from the state's participation, because they know that the state also has an increased interest in turning the properties into producing mines because the overriding goal of the government is long-term secure jobs for the local population and high, ongoing income from taxes and mining operations for itself.
Investors looking for further investments in the fields of gold and lithium can therefore only be strongly recommended to deal with AJN Resources, because there is not only the possibility that Klaus Eckhof will repeat his great successes in the Congo, but also at the same time the danger that investors only become aware of the company long after the train has left AJN Resources. Therefore, an early involvement with the company is only recommended to every interested commodity investor.
Hi MB$6 Billion (Roon)…. $1.50 (You)
You and @Roon are a pair of fucken cheap scapes selling out to a low ball offer.
I would suggest Nigel would laugh at a low ball offer and you two should start shopping at St Vincent De Paul or the Salvos if you’re that desperate
And after all I’ve tried to do for you Wombles, I’m disgusted, which is fucken good because it means I’ll get off here for the fucken day
$5.85 u.s. before mining!?!?
| N° | Names | Organizations | Contacts |
| 1. | Ernest MPARARO | LICOCO | +243816049837 |
| 2. | Franck FWAMBA | TOUCHE PAS A MON COBALT | +243810348785 |
| 3. | Henri MUHIYA | CERN/CENCO | +243810526141 |
| 4. | King MUSHILANAMA | HDH | +243997013407 |
| 5. | Timothée MBUYA | JUSTICIA | +243994075131 |
| 6. | Jeef KAZADI | PRESS-CLUB RDC | +243810241942 |
| 7. | René NGONGO | OCEAN | +243998334500 |
| 8. | Schadrack MUKAD | COORDINATION CADRE DE CONCERTATION DE LA SOCIETE CIVILE DU LUALABA | +243815388040 |
| 9. | CASMIA | +243992520444 | |
| 10. | LINAPEDHO | +243819842267 | |
| 11 | Mike LAMEKI | ESPOIR ONG | +243978646773 |
| 12. | Georges BOKUNDU | SARW | +243817070127 |
| 13. | Devoe NGOY | RND ASBL | +243816092845 |
| 14. | Jean-Luc KAYOKO | PODEFIP | +243815888985 |
| 15. | Antoine MUNGU ETSONI | SOCIETE CIVILE FORCES VICES DE WATSA | +243813611733 |
| 16 | Jean-Cephas GOMISAME | CORDINATION TERRITORIALE DE LA NOUVELLE SOCIETE CIVILE DE WATSA | +243823480365 |
| 17. | Dieumerci THUAMBE ADUBANGO | SECRETARIAT NATIONAL DU RESEAU DE COMMUNICATEURS DES RESSOURCES NATURELLES | +243817417307 |
My take is you emailed Jodie and didn't get a response and now you are planning to gate crash hahahaAny NEW ZEALANDERS IN HERE!?!?
trying to get nz roadshow info and I'd have a better chance of avz getting the ML by end of day!!
