Auxico Resources Canada CEO says tin trading partnership provides new revenue opportunity

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Auxico Resources Canada Inc (CSE:AUAG, OTC:AUXIF) president and CEO Frederick Kozak joins Proactive's Stephen Gunnion with details of a new joint-venture (JV) agreement with Gracor SAS that will provide the company with a new potential source of revenue from high-grade tin trading operations in Colombia.

Kozak explains that Gracor's principal business is the purchase of tin from the indigenous population in the state of Vichada. The agreement gives Auxico a 70% profit share on all sales of tin ore executed with Gracor, he adds.

He says the JV fits very well with Auxico's existing operations, including its Minastyc property, also in Vichada state.

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