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AUXICO ANNOUNCES CONVERSION OF USD $1 MILLION INTO SHARES OF CENTRAL AMERICA NICKEL

Auxico Resources Canada Inc. (CSE: AUAG) (OTC: AUXIF) ("Auxico" or the "Company") announces that, subject to the expiration of its sales agency agreement with Central America Nickel Inc. ("CAN") with regard to the exclusive trading rights for rare earth concentrates exported from the Democratic Republic of the Congo ("DRC"), the Company has elected to convert USD $1,000,000 of capital into common shares of CAN. As per the sales agency agreement entered into and as announced on March 30, 2022, Au

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