TSXV: AZM
OTCQX: AZMTF
LONGUEUIL, QC, May 17, 2022
/CNW Telbec/ - Azimut Exploration Inc. ("Azimut"
or the "Company") (TSXV: AZM) (OTCQX: AZMTF) is
pleased to announce the appointment of Mr. Jonathan Rosset as Vice-President Corporate
Development for the Company. Mr. Rosset will be based in
Vancouver (British Columbia), where he will represent the
Company.
In his role, Mr. Rosset will develop new partnerships on the
Company's exploration projects, as well as expand Azimut's
visibility with the investor and financial communities.
During his career, Mr. Rosset has acquired a strong corporate
development experience in the mining industry with companies
operating in Canada and in
South America, which is combined
with broad financial and capital market knowledge. He was recently
working as Vice-President of Corporate Development for Mirasol
Resources Ltd. and previously served as Vice-President of Corporate
Development for Callinan Royalties Corporation until its
acquisition by Altius Minerals Corporation in 2015.
Mr. Rosset holds the Chartered Financial Analyst® designation
and graduated from the IÉSEG School of Management in France, with M.Sc degree in Management.
A total of 300,000 stock options from Azimut have been granted
to Mr. Rosset. These options will vest in tranches over a four (4)
year period with an exercise price of $1.20 per share, and are exercisable for a ten
(10) year period. This grant is subject to regulatory approval.
About Azimut
Azimut is a leading mineral exploration company with a solid
reputation for target generation and partnership development. The
Company holds the largest mineral exploration portfolio in the
Province of Quebec. Azimut is
actively advancing its wholly-owned flagship Elmer Gold Project in
the James Bay region to the
initial resource stage.
The Company uses a pioneering approach to big data
analytics (the proprietary
AZtechMineTM expert system), enhanced by
extensive exploration know-how. Azimut's competitive edge is based
on systematic regional-scale data analysis and concurrently active
projects. Azimut maintains rigorous financial discipline and a
strong balance sheet, with 81.9 million shares issued and
outstanding.
Neither 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.
SOURCE Azimut Exploration Inc.