Exploration Azimut Inc. ("Azimut") announces the closing of a $450,000 financing that includes a $250,000 private placement with SIDEX and a $200,000 convertible debenture with the Fonds de solidarité FTQ ("Fonds").
Exploration Azimut Inc. announces that 50,000 incentive stock options of the Company have been granted to a new director as well as 10 000 options granted to an officer. These options have an exercise price of $0.24 per share and expire on June 18, 2008.
Exploration Azimut Inc. ("Azimut") is pleased to announce the signing of a strategic agreement with MIR Télédétection Inc. ("MIR") of Longueuil (Quebec), a company with an international reputation in the field of geomatics and remote sensing.
Exploration Azimut Inc. ("Azimut") is pleased to announce the appointment of Jean-Marc Lulin as President and Chief Executive Officer effective immediately. Mr. Lulin also joins the Board of Directors.
Azimut Exploration Inc. ("Azimut") is pleased to announce the closing of a private placement with 10 subscribers of 1,000,000 common shares, at a price of $0.10 per share for gross proceeds of $100,000.