Axe Exploration Inc.
TSX VENTURE : AXQ

Axe Exploration Inc.

April 01, 2016 10:00 ET

Axe Exploration Shareholders Pass All Resolutions at its 2016 Annual Meeting

LAVAL, CANADA--(Marketwired - April 1, 2016) - Axe Exploration Inc. (TSX VENTURE:AXQ) (the "Company") announces the results of its Shareholders Annual Meeting, held March 31st, 2016, in Laval, Quebec.

At the meeting, the shareholders of the Company voted for the election as director of each of the 4 nominees listed in the Information Circular as well as for the appointment of Raymond Chabot Grant Thornton as Auditors of the Company.

ELECTION OF THE DIRECTORS OF THE COMPANY
Mr. David Mc Donald President, CEO and Director Elected 99.98%
Ms. Johanne Moreau CFO, Director Elected 99.98%
Mr. Pascal Ducharme Independent Director Elected 99.06%
Mr. Claude Lavoie Independent Director Elected 99.06%
APPOINTMENT OF THE AUDITORS OF THE COMPANY
Raymond Chabot Grant Thornton Appointed 99.88%

With only 55,557,445 shares outstanding, Axe Exploration is well positioned for the eventual economic recovery. The Company owns 100% of the Trésor, Unique, GoldPeak and Commandant Properties as well as 50% of the Destorbelle Property, in partnership with Typhoon Exploration Inc.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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