Azimut Appoints Michel Brunet as Director

Symbol: AZM.TSX Venture  

LONGUEUIL, QC, April 16, 2018 /CNW Telbec/ - Azimut Exploration Inc. ("Azimut" or the "Company") (TSXV: AZM) is very pleased to announce the appointment of Mr. Michel Brunet as a director of the Company. Mr. Brunet is currently Senior Counsel for Dentons Canada LLP. His broad corporate experience will be an asset in Azimut's growth strategy.

Mr. Brunet practices corporate and commercial law from Dentons' Montreal office. He has advised many public, state-owned and private corporations in various sectors, including institutional fund management, energy, manufacturing, commercial, financial services and brokerage.

Among his many notable accomplishments, Mr. Brunet has developed special expertise in regulatory compliance, advising corporate executives and directors, take-over bids, underwritings, private placements, debt financings, syndications, joint ventures and shareholder agreements.

Mr. Brunet was the CEO of Fraser Milner Casgrain (FMC), one of Dentons' three founding firms from 2006 to 2010, and Chair of Dentons Canada LLP, a function he held from 2005 to 2017. He has been recommended by The Canadian Legal Lexpert Directory (2016, 2017) as one of Canada's leading lawyers in the area of Corporate Commercial Law, recognized by Best Lawyers in Canada as one of Canada's leading lawyers in the area of Corporate Law (2013-2018), and listed by Acritas as an Acritas Star™ Lawyer (2017, 2018). Mr. Brunet is recipient of the Queen Elizabeth II Diamond Jubilee Medal.

Mr. Brunet is also known for his strong community involvement, including Director of the Fondation universitaire Pierre Arbour (2016), Member of the Board of Directors of the Canadian Red Cross (2013-2015), Council member of the Fondation québécoise du cancer (2005-2012) and Chairman of the Executive Committee, fundraising campaign of the Canadian Red Cross, Quebec Division (1999-2000).

Azimut has granted a total of 75,000 stock options to Mr. Brunet with an exercise price of $0.40 exercisable over a 10-year period.

Other Azimut board members are Mrs. Angelina Mehta, Dr. Jean-Marc Lulin, Mr. Jean-Charles Potvin, Mr. Louis P. Salley and Dr. Jacques Simoneau.

Azimut is a mineral exploration company whose core business is centred on target generation and partnership development. Targeting is performed using a pioneering proprietary approach to Big Data analytics, enhanced by extensive exploration know-how. The Company maintains rigorous financial discipline. It has 48.5 million shares outstanding. Azimut holds a strategic position for gold and base metals in Quebec, including one of the largest exploration portfolios in the James Bay region.

SOURCE Azimut Exploration Inc.