Jaxon Minerals (TSE:JAX) has released an update.
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Jaxon Mining Inc. has been handed a Failure-to-File Cease Trade Order by the British Columbia Securities Commission due to its inability to file annual financial documents on time, attributed to the sudden resignation of its CFO. The company anticipates appointing a new CFO shortly and completing the necessary audits within six weeks thereafter to seek revocation of the order. Jaxon Mining is known for exploring large-scale porphyry system targets in British Columbia, with a focus on several minerals, including copper, gold, and antimony.
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