Auxico Resources extends warrants to November, 2027

Mr. Pierre Gauthier reports AUXICO EXTENDS THE DURATION OF CERTAIN WARRANTS Auxico Resources Canada Inc. is extending the expiry date of certain common share purchase warrants currently outstanding. Eight hundred thirty-three thousand nine hundred seventy-two warrants were originally issued by the company on Nov. 2, 2022, with an exercise price of 15 cents per warrant, for a period of three years following their issuance. Under the new terms, the exercise price remains unchanged at 15 cents. However, the exercise period has been extended to five years from the issuance. As a result, the new expiry date for these warrants is Nov. 2, 2027. In addition, 518,904 warrants were originally issued by the company on Nov. 16, 2022, with an exercise price of 15 cents per warrant for a period of three years following their issuance. Under the new terms, the exercise price remains unchanged at 15 cents. However, the exercise period has been extended to five years from the issuance. As a result, the new expiry date for these warrants is Nov. 16, 2027. No other changes are contemplated in respect of the terms of the warrants. None of the warrants have been exercised as of the date of this news release. About Auxico Resources Canada Inc. Auxico is a Canadian company that was founded in 2014 and is based in Montreal, trading on the Securities Exchange under symbol AUAG. Auxico is engaged in the acquisition, exploration and development of mineral properties in Colombia and Bolivia.