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Axiom Mining Limited

Published : June 04th, 2007

appointment of Mr John Cook as a non-executive independent

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AXIOM MINING LIMITED (ASX CODE: AVQ)

 

Media release

4 June 2007

 

APPOINTMENT OF INDEPENDENT DIRECTOR

 

JOHN COOK JOINS AXIOM BOARD

 

The Board of directors of the Company are pleased to announce the appointment of Mr John Cook as a non-executive independent director and chairman of the Company.

 

John has more than 40 years experience as an institutional and high net worth advisor, specialising in the raising of capital for mining companies and is an authorised representative of Reynolds & Co Stockbrokers, Sydney.

 

He is chairman of the board of directors of Petaquilla Minerals, which is listed on the Toronto, New York and Frankfurt exchanges and has a market cap of over C$200 million. John is also president and director of Petaquilla Copper Limited, which is undergoing an IPO on the Toronto Stock Exchange.

 

Petaquilla Copper is developing the world-class Minera Petaquilla Copper project in Panama, ranked as one of the top five undeveloped copper projects in the world. The parent company, Petaquilla Minerals is also putting into production a 120,000 oz pa open pit gold mine in Panama. John has participated in the

raising of more than C$86 million for Petaquilla Minerals since 2006 and C$39 million for Petaquilla Copper in a private placement just completed.

 

John began in the broking industry with J.B. Were & Son in 1962 and ultimately ran the trading floor for a number of Sydney brokers between periods overseas. He ran his own business from 1975-79 and established the Sydney office of Paul Morgan & Co from 1985-88 before taking on the role of private client advisor with Reynolds.

 

Commenting on the appointment, Axiom director and CEO Jake Gray said: "John is a valuable addition to Axiom's Board and his wealth of experience in mining and capital raisings adds considerable strength to our team's capability in the assessment of corporate and exploration opportunities, especially as the Company grows."

 


For further information

 

Jake Gray                              Jack McCarthy                                  Doug Macdonald

CEO & Director                     Executive Director Geology              Capital Group          

Axiom Mining                         Axiom Mining                                     0424 255 959

61 2 9276 1600                    61 2 9276 1600                                (61 424 255 959)

 

Axiom Mining Limited

EXPLORATION STAGE
CODE : AVQ.AX
ISIN : AU000000ASX7
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Axiom Mining is a silver and gold exploration company based in Australia.

Its main exploration properties are OK MINE, MT MOLLOY, CARDROSS, PINEVALE and WHITE HILLS in Australia and PU SAM CAP, QUANG BINH and QUANG TRI in Vietnam.

Axiom Mining is listed in Australia. Its market capitalisation is AU$ 8.7 millions as of today (US$ 6.7 millions, € 5.5 millions).

Its stock quote reached its highest recent level on April 12, 2011 at AU$ 1.26, and its lowest recent point on May 24, 2019 at AU$ 0.02.

Axiom Mining has 348 620 000 shares outstanding.

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Annual reports of Axiom Mining Limited
2007 Annual report
2006 Annual Report
Nominations of Axiom Mining Limited
6/4/2007appointment of Mr John Cook as a non-executive independent
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