Axmin consolidates with asset sales, spin-off, to focus on Passendro gold project

Axmin Resources (TSX-V: AXM) followed a year of asset sales with a bit of spring cleaning as part of efforts to get its Passendro gold project in the Central African Republic off the ground.

Axmin began the year off by selling a series of assets, some of which it had inherited through a merger with AfNat, a private resource company, the year before, for about C$10 million in cash and shares.