Proposed code: AXC
Issue price: $0.20
Principal activities: Gold explorer
Corporate: Peter Jermyn (chairman); Charles Mostert (director); Robert Nichevich (director); and Harinder Kehal (chief operating officer).
(08) 9382 4344
AXG hopes to raise $2.5 million from a 20 cent a share offer that was scheduled to close on April 16. The offer is not underwritten.