REG-Auxico Resources Canada Inc.: Auxico Appoints Buzz West as Non-Executive Director

Auxico Resources CanadaAnnouncement

29/10/2018 11:05

29 October 2018

Auxico Resources Canada Inc.
(“Auxico” or the “Company”)

AUXICO RESOURCES CANADA INC.

NEWS RELEASE

 AUXICO APPOINTS BUZZ WEST TO BOARD OF DIRECTORS

Montreal, Quebec, October 29, 2018 – Auxico Resources Canada Inc. (CSE and
NEX Exchange: AUAG) is very pleased to announce the appointment of Kenneth
“Buzz” West to its board of directors, effective immediately.

A former soldier and head of Reuters, Middle East and Africa, Buzz has spent
the last 25 years as an entrepreneur in the fields of natural resources, high
technology and security. He also has considerable experience with listed
companies in the financial services arena as a non-executive director.

Buzz is currently the group chairman at Kingswood Holdings Ltd., the owner of
KW-Wealth, having assets under management of approximately £2 billion. He was
the founder and chairman of Ashcourt Rowan plc, which had assets under
management of approximately £6 billion, prior to its sale to Towry. Buzz was
deputy chairman of Hume Capital Securities plc and chairman of Hume Capital
(Guernsey) Ltd.

Aside from wealth management, Buzz was chairman of the leading loss adjustor
GAB Robins, taking them from management buyout to trade sale to the US group
Crawford. He was also the senior non-executive director to the Norwegian
telecom company, Norcon plc. Buzz is group chairman at the property developers
Blackmore Group Ltd. and chairman of its subsidiary Blackmore Bond plc.

Buzz is an approved person under the Financial Conduct Authority rules and
was, until earlier this year, on the board of a fund management company
regulated by the Irish Central Bank. As such, he is familiar with the risk and
compliance needs of a fast-growing company deploying externally invested
funds.

Pierre Gauthier, CEO and Chairman of the Board of Directors of Auxico,
commented, “Auxico is delighted to have Buzz West join Auxico as a
non-executive director. He has a wealth of experience and contacts in the
London financial community. Now that Auxico is listed on the NEX Exchange in
London, we intend to communicate our opportunities in Latin America to
investors in the UK. We look forward to working with Buzz in this regard.”

Buzz West, director of Auxico, added, “I am delighted to join the Board of
Auxico. The Company is at a very exciting stage in its growth and development
and has a strong management team with whom I look forward to working.”

ON BEHALF OF THE BOARD OF DIRECTORS

« signed »
Pierre Gauthier
Chairman & CEO, Auxico Resources Canada Inc.
pg@auxicoresources.com
Cell: +1 514 299 0881

The Directors of the Company accept responsibility for the contents of this
announcement.

For further information, please contact:

 Auxico Resources Canada Inc. Mark Billings, President www.auxicoresources.com/                         + 1 514 296 1641  mb@auxicoresources.com  
 NEX Exchange Growth Market Corporate Adviser:  Peterhouse Capital Limited Guy Miller and Fungai Ndoro  +44 (0)20 7469 0930                       

About Auxico Resources Canada Inc.

Auxico Resources Canada Inc. (“Auxico”) is a Canadian company that was
founded in 2014 and based in Montreal. Auxico is engaged in the acquisition,
exploration and development of mineral properties in Colombia and Mexico.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept
responsibility for the adequacy or the accuracy of the contents of this
release.



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