Axe Exploration Announces a Strategic Update

LAVAL, Quebec, Feb. 06, 2018 (GLOBE NEWSWIRE) -- Axe Exploration Inc. (TSX-V:AXQ) (the "Corporation») is happy to welcome Mr. Denis Amoroso as strategic adviser in the team.

Denis Amoroso: Mr. Amoroso has been in the brokerage business and the financial markets for 37 years, including 25 years as Senior Advisor at Canaccord Genuity. Mr. Amoroso will act as an strategic adviser to the development of financial strategies. Mr. Amoroso was instrumental in the Quebec junior exploration sector where he helped raise more than $100 million.

In 2017, Cryptocurrency was the main focus of application for blockchain technology. Bitcoin, Ethereum and other currencies took most of the market’s attention. The focus has begun to shift to an array of non-financial use cases spanning across telecoms, media, and supply chain management. BIS Research, a global market intelligence, research and advisory company which focuses on those emerging trends in technology which are likely to disrupt the dynamics of the market over the next five (or ten) years.

Axe is currently in the process of evaluating the company in order to eventually benefit from this tremendous growth potential. Given that the Corporation has no experience in these areas, management is focused on attracting some of the industry's top expertise (see press release of December 13th, 2017).

Axe is in excellent financial health and is optimist for the year 2018 with only 57,432,645 emitted ordinary shares and in circulation.

For more information, visit the company’s website at www.axeexploration.com or SEDAR’s website at www.sedar.com.

The common shares of Axe Exploration Inc. are listed on the Venture Stock Exchange under the symbol “AXQ”.

Contact and Information

David Mc Donald
Axe Exploration inc.
Tel : 450.622.5785
www.axeexploration.com

TSX-V: AXQ

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.