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Azimut Exploration Inc.
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News: AZMTF
Azimut Accelerates District-Scale Gold Exploration at Wabamisk
30 km by 2 km prospective corridor encompasses Rosa Zone (gold), Dome Sector (gold) and Fortin Zone (antimony-gold) 30 km by 2 km prospective corridor encompasses Rosa Zone (gold), Dome Sector (gold) and Fortin Zone (antimony-gold)
Azimut Closes $7 Million Private Placement Financing with Participation of Key Existing Shareholders
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES LONGUEUIL, Quebec, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (TSXV:AZM) (OTCQX:AZMTF) (“Azimut” or the “Company”) is pleased to announce that on August 18, 2026, it closed its previously announced non-brokered private placement (the “Offering”) for total proceeds of approximately $7 million through the issuance of a combination of (a) 6,038,647 common shares of the Company that qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the “FT Shares”) at a price of $0.828 per FT Share for gross proceeds of $5,000,000; and (b) 3,333,332 common shares of the Company (the “Hard Dollar Shares”) at a price of $0.60 per Hard Dollar Share for gross proceeds of $2,000,000. Upon closing of the Offering, the Company has 110,311,289 common shares issued and outstanding.
Azimut Announces $7 Million Private Placement Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES LONGUEUIL, Quebec, July 20, 2026 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (TSXV: AZM) (OTCQX: AZMTF) (“Azimut” or the “Company”) announces it intends to proceed with a non-brokered private placement (the “Offering”) for total proceeds of up to $7,000,000, consisting of 6,038,647 common shares of the Company that qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the “FT Shares”) at a price of $0.828 per FT Share, and 3,333,333 common shares of the Company (the “Hard Dollar Shares”) at a price of $0.60 per Hard Dollar Share. The Company will use an amount equal to the gross proceeds received from the sale of the FT Shares, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both terms are defined in the Income Tax Act (Canada) (the “Qualifying Expenditures”).
Azimut and KGHM Launch 2026 Campaign at Kukamas
5,000 metres of drilling to expand the high-grade Nickel-PGE Perseus Zone 5,000 metres of drilling to expand the high-grade Nickel-PGE Perseus Zone
Azimut and KGHM Launch 2026 Campaign at Kukamas
LONGUEIL, Quebec, July 16, 2026 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. ("Azimut" or the "Company") (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that a comprehensive partner-funded exploration program is commencing on the Kukamas Property (the "Property") in the Eeyou Istchee James Bay ("James Bay") region of Quebec, Canada.
Azimut et KGHM débutent la campagne 2026 sur Kukamas
LONGUEIL, Québec, 16 juill. 2026 (GLOBE NEWSWIRE) -- Exploration Azimut Inc. (« Azimut » ou la « Société ») (TSXV: AZM) (OTCQX: AZMTF) annonce qu'un large programme d'exploration, financé par le partenaire, débute sur la Propriété Kukamas (la « Propriété ») dans la région Eeyou Istchee Baie James (« Baie James ») au Québec, Canada. La Propriété fait l'objet d'une entente d'option avec KGHM International Ltd (« KGHM »). KGHM a gagné un intérêt de 50% dans la Propriété et a choisi d'exercer la deuxième phase d'option afin d'acquérir une participation additionnelle de 20% sujette à la production d'une étude économique préliminaire.
Azimut Drills High-Grade Lithium Pegmatites at Wabamisk East
1.87% Li 2 O over 36.30 metres 2.20% Li 2 O over 23.05 metres
Azimut Provides 2026 Summer Exploration Update
LONGUEUIL, Quebec, June 30, 2026 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to provide an update on the Company's comprehensive programs currently underway on four (4) key projects in the Eeyou Istchee James Bay (“James Bay”) region of Quebec, Canada (Figures 1 to 4, Photos 1 to 3).
