LAVAL, CANADA--(Marketwired - Apr 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.