ROXMORE RESOURCES (GARLF) Stock News, Apr-Nov 2025

Axcap (CSE:AXCP) and Taura (TSXV:TORA) announced Taura shareholder approval of a court‑approved plan of arrangement under which Axcap will acquire all Taura common shares. Taura shareholders approved the Arrangement by the required thresholds including at least 66⅔% of votes cast.

Axcap also set post‑market close November 19, 2025 as the effective date for a 1-for-10 share consolidation and a corporate name change to Roxmore Resources, with the new CSE symbol RM and trading to begin November 20, 2025. The Arrangement hearing is scheduled for Nov 19, 2025 with anticipated closing on Nov 20, 2025, subject to court and regulatory approvals.

Axcap Ventures (OTCID:GARLF) has successfully negotiated an extension for its milestone payment obligation with Waterton Nevada Splitter LLC. The payment, originally due on July 15, 2025, has been extended to September 30, 2025.

As consideration for this extension, Axcap has issued 1,550,000 common shares to Waterton. These shares are subject to a four-month-and-one-day hold period from their issuance date. The extension agreement modifies the original milestone payment rights agreement dated July 15, 2024, between Converse Acquisition Company, Limited and Waterton.

Axcap Ventures (OTCID:GARLF) has announced significant drill results from hole CV25-002C at its 100%-owned Converse Project in Nevada. The drilling revealed two key high-grade gold intersections: 18.01 metres grading 1.75 g/t gold within the Havallah Sequence, and 10.85 metres grading 1.18 g/t gold from the Antler Peak Formation.

The company made a crucial geological discovery by confirming the presence of the Antler Peak Formation beneath the Golconda Thrust, a major structural feature associated with several large Nevada gold systems. This validates Axcap's structural model targeting deeper intrusion-related mineralization and parallels the geology of regional tier-one deposits like Phoenix, Fortitude, and Marigold.

These results follow the previous CV25-001C intercept of 10.85 metres grading 5.45 g/t gold, demonstrating potential to enhance grade within the current resource of 330 Mt @ 0.525 g/t Au (M&I) and highlighting exploration upside at depth.

Axcap Ventures (OTCID:GARLF) has initiated a Preliminary Economic Assessment (PEA) for its wholly-owned Converse Gold Project in Nevada. The project represents one of the largest undeveloped gold deposits in the United States, with a Measured and Indicated Resource of 5.57 million ounces of gold at 0.53g/t Au and an additional Inferred Resource of 420,000 ounces.

The PEA will include updated resource modeling, mine plan optimization, and economic modeling at various gold price scenarios. Metallurgical data shows heap leach recovery rates of 77% for oxide, 62% for transition, and 50% for sulphide material. This assessment marks the first comprehensive economic study of the project in over a decade.

Axcap Ventures has announced significant drilling results from its first hole (CV25-001C) at the Converse Project in Nevada's Battle Mountain-Eureka Trend. The drilling confirmed near-surface gold mineralization and discovered a new high-grade zone at depth, intersecting 10.85 meters grading 5.45 g/t gold from 666.4 meters depth. The project currently hosts a large open pit resource of 5.5 Moz at 0.53 g/t in measured and indicated categories, plus 420koz at 0.53 g/t inferred. Key intersections include 26.18 meters at 2.52 g/t gold from 654 meters and 21.21 meters at 0.31 g/t Au with silver and copper credits from 208.8m. The discovery is part of a 5,500-meter drill program aimed at confirming current resources, reducing waste, and testing for mineralization expansion opportunities.

Axcap Ventures has implemented a minimum share ownership policy for its Board of Directors and Senior Executives, requiring them to maintain specific ownership levels of company shares. Since January 2025, insiders have collectively acquired over 2.4 million shares worth more than $400,000 in the open market. The policy mandates that certain parties must own shares equivalent to at least two times their base salary, including unvested share units like PSUs and RSUs. Any material changes to this threshold will require mutual consent. The company's Converse property represents the largest undeveloped gold deposit in Nevada with 5.57 Moz M&I, and management expects to release initial drill results in the coming weeks.

Axcap Ventures (CSE:AXCP)(OTC:GARLF) announced that shareholders have agreed to a voluntary lockup of 96 million shares, representing 57.15% of the 168 million shares issued in their $0.06 unit offering from August/September 2024. The lockup shares will be released gradually: 22.5% after 3 months, followed by 5% monthly releases from months 12-19, and 7.5% monthly releases from months 20-24. Board member Mario Vetro highlighted ongoing drilling at the Converse gold project in Nevada and recent developments including a cleared base shelf prospectus and new marketing initiatives. The company is currently valued at $5 per ounce of gold, which management considers undervalued compared to peers.

AXCAP Ventures (CSE:AXCP)(OTC:GARLF) has announced extensive investor relations and marketing agreements with 11 different service providers, commencing May 2, 2025. The company is investing approximately $3.05 million CAD in marketing initiatives across North America and Europe. Key partnerships include Senergy Communications ($200,000/month for 4 months), Echo Elite Ads (€133,000 for 6 weeks), and Gold Standard Media ($500,000 USD for 6 months). The agreements focus on digital marketing, advertising, content creation, and investor awareness services. Notably, none of the service providers will receive company securities or stock options as compensation. AXCAP Ventures operates as an investment company primarily focused on identifying and acquiring gold projects in North America.

Axcap Ventures has announced major milestones in its gold acquisition strategy, having secured 6.18 million ounces of Measured and Indicated (M+I) gold resources and 1.69 million ounces of Inferred gold resources across three North American assets.

The company's portfolio includes the flagship Converse project in Nevada (5.57Moz M+I), Rattlesnake Hills in Wyoming (0.61Moz M+I, 0.43Moz Inferred), and Newton in British Columbia (0.84Moz Inferred). A 5,000m drill program has commenced at Converse, targeting depth extensions and structural controls.

Key developments include strengthening the technical team with Blake Mclaughlin, former Chief Geologist at Argonaut Gold, launching a new corporate website, and significant insider buying exceeding $1 million. The company acquired these resources at an average of $5 per ounce, with gold now trading above $3,400/oz.