AJN Resources Inc. Decides Not to Proceed With Proposed Acquisition of Kibali Interest
AJN Resources Inc. Decides Not to Proceed With Proposed Acquisition of Kibali Interest
Vancouver, BC, March 1, 20 20: AJN Resources Inc. (CSE: AJN) (Frankfurt : 5AT) (“AJN”)
announces that as a result of its due diligence and further information received, it w ill not
proceed with it s pro posed acquisition of SOKIMO’s 10% free carried interest in the Kibali
Gold Mine , as announced in AJN ’s news release of February 6, 2020 .
AJN continues to pro gress with its due diligence on the other projects listed in i ts February
6, 2020 press release. The gold licence numbers and equity interests to be secured include:
Project Name Licence Number (“PE” Permis Exploitation) Interest
Zani-Kodo 5077, 5078, 5079, 5081 30%
Giro Goldfields 5046, 5049 35% (free carried)
Wanga (Tendao) 5045, 5050, 5054, 5056, 5069, 13062 35% (free carried)
Nizi 5109, 5110 30% (free carried)
Kibali South 13176 30% (free carried)
About AJN Resources Inc.
AJN is a junior exploration company. AJN’s management a nd directors possess over 75 years of
collective industry experience and have been very successful from exploration, to financing, to
developing major mines throughout the world with a focus on Africa and especially the
Democratic Republic of The Congo DRC.
For further information, please contact Investor Relations:
Sheena Eckhof
Director, Investor Relations
Visit us at www.ajnresources.com
TEL: (778) 218-9638
On Behalf of the Board of Directors
Klaus Eckhof
CEO and President
Cautionary Note Regarding Forward-Looking Statements
The information in this news release may include certain information and statements about
management’s view of future events, expectations, plans and prospects that may constitute
forward-looking statements. Forward-looking statements are based upon assumptions that are
subject to significant risks and uncertainties. Because of these risks and uncertainties and as a
result of a variety of factors, the actual results, expectations, achievements or performance
may differ materially from those anticipated and indicated by these forward-looking
statements. Although AJN Resources Inc. believes that the expectations reflected in forward-
looking statements are reasonable, it can give no assurances that the expectations of any
forward-looking statements will prove to be correct. Except as required by law, AJN Resources
Inc. disclaims any intention and assumes no obligation to update or revise any forward-looking
statements to reflect actual results, whether as a result of new information, future events,
changes in assumptions, changes in factors affecting such forward looking statements or
otherwise.