MANAGEMENT AND DIRECTORS

MANAGEMENT

Jean-Marc LULIN, PhD, P.Geo.

based in Montreal, Quebec

President and Chief Executive Officer, Director

Mr. Lulin is a senior mining executive and professional geologist with more than 30 years of experience in North America, Africa and Europe. Since June 2003, he has served as President, CEO and Director of Azimut Exploration. Mr. Lulin designed the mineral potential targeting methodology that constitutes the cornerstone of the Company’s activity.

Management

Learn more about Mr. Lulin

Mr. Lulin is a senior mining executive and professional geologist with more than 30 years of experience in North America, Africa and Europe. Since June 2003, he has served as President, CEO and Director of Azimut Exploration. Mr. Lulin designed the mineral potential targeting methodology that constitutes the cornerstone of the Company’s activity.

Prior engagements include President and COO for Channel Resources (1996-2001), Vice President West Africa for Channel Resources (1995-1996), Chief Geologist for SOQUEM (1992-1995) and the Vior-Mazarin Group (1986-1992), and Geologist for the BRGM (1981-1984).

Mr. Lulin was a director of the Australian company West African Resources (WAF) from 2014 to 2015, following WAF’s acquisition of Channel Resources for which he was a director from 1996 to 2014.

His field of expertise covers prospective mineral resource analysis, risk analysis and global challenges related to the mining industry. At SOQUEM, Mr. Lulin initiated and led a predictive mineral resource assessment program covering the province of Quebec. He has visited more than 190 mines and advanced mining projects in 16 countries, and was very active in strengthening the initial wave of exploration in Burkina Faso during the 1990s.

Mr. Lulin was instrumental in the discoveries of several important deposits:

  • In Quebec: Douay (gold), Rex & Rex South (gold, copper, tungsten), North Rae (uranium) and Lac Knife (flake graphite)
  • In Africa: Burkina Faso with Channel Resources – Bombore (gold), Bouroum (gold), Goulagou (gold) and Tanlouka (gold), for a total resource of 2.5 million ounces in 2001 (now standing at 10 Moz in 2016); and Mozambique – Meponda (uranium, niobium, tantalum, rare earths).

Mr. Lulin was also President of the Mineral Exploration Association of Quebec (AEMQ), co-founder of the Burkinabe Mining Association and president of the Technical Commission of the World Bank-MIGA 6thAfrican Mining Symposium. He currently sits on the Mining Committee for the Fédération des Chambres de Commerce du Québec, and on the Geosciences Committee for the Prospectors and Developers Association of Canada (PDAC). Mr. Lulin was also Associate Professor at the Université du Québec à Montréal (1992-1995) and was a consultant for The World Bank.

Mr. Lulin holds a Doctorate in Economic Geology from the Université d’Orléans (1984), and a Diploma of Advanced Studies in Mineral and Energy Resources (1981), a Master’s degree in Applied Geology (1980) and a Licence in Earth Sciences (1979) from the Université de Paris VI, France.

Moniroth LIM, CGA

based in Montreal, Quebec

Chief Financial Officer, Corporate Secretary

Moniroth Lim is an experienced financial and auditing professional with more than 20 years of experience. She joined Azimut in April 2006.

Management

Learn more about Ms. Lim

Moniroth Lim is a highly experienced financial and auditing professional with more than 20 years of experience. She joined Azimut in April 2006 after working as a supervisor and financial auditor for the accounting and business advisory services of Montreal-based Bratt Fremeth Star from 1986 to 2006. Ms. Lim’s areas of expertise include the preparation of statutory reports for publicly traded mining companies, conventional and flow-through share financing, management of financial audits, and review of internal controls.

Mrs. Lim graduated in Business Administration from the Université du Québec à Montréal (1987) specializing in accounting sciences. She is a member of the Ordre des comptables généraux accrédités du Québec.

Management

Learn more about Ms. Lim

Moniroth Lim is a highly experienced financial and auditing professional with more than 20 years of experience. She joined Azimut in April 2006 after working as a supervisor and financial auditor for the accounting and business advisory services of Montreal-based Bratt Fremeth Star from 1986 to 2006. Ms. Lim’s areas of expertise include the preparation of statutory reports for publicly traded mining companies, conventional and flow-through share financing, management of financial audits, and review of internal controls.

Mrs. Lim graduated in Business Administration from the Université du Québec à Montréal (1987) specializing in accounting sciences. She is a member of the Ordre des comptables généraux accrédités du Québec.

DIRECTORS

Jean-Marc LULIN, PhD, P.Geo.

Director

Montreal, Quebec

Mr. Lulin is a senior mining executive and professional geologist with more than 30 years of experience in North America, Africa and Europe. Since June 2003, he has served as President, CEO and Director of Azimut Exploration. Mr. Lulin designed the mineral potential targeting methodology that constitutes the cornerstone of the Company’s activity.

Directors

Learn more about Mr. Lulin

Mr. Lulin is a senior mining executive and professional geologist with more than 30 years of experience in North America, Africa and Europe. Since June 2003, he has served as President, CEO and Director of Azimut Exploration. Mr. Lulin designed the mineral potential targeting methodology that constitutes the cornerstone of the Company’s activity.

Prior engagements include President and COO for Channel Resources (1996-2001), Vice President West Africa for Channel Resources (1995-1996), Chief Geologist for SOQUEM (1992-1995) and the Vior-Mazarin Group (1986-1992), and Geologist for the BRGM (1981-1984).

Mr. Lulin was a director of the Australian company West African Resources (WAF) from 2014 to 2015, following WAF’s acquisition of Channel Resources for which he was a director from 1996 to 2014.

His field of expertise covers prospective mineral resource analysis, risk analysis and global challenges related to the mining industry. At SOQUEM, Mr. Lulin initiated and led a predictive mineral resource assessment program covering the province of Quebec. He has visited more than 190 mines and advanced mining projects in 16 countries, and was very active in strengthening the initial wave of exploration in Burkina Faso during the 1990s.

Mr. Lulin was instrumental in the discoveries of several important deposits:

  • In Quebec: Douay (gold), Rex & Rex South (gold, copper, tungsten), North Rae (uranium) and Lac Knife (flake graphite)
  • In Africa: Burkina Faso with Channel Resources – Bombore (gold), Bouroum (gold), Goulagou (gold) and Tanlouka (gold), for a total resource of 2.5 million ounces in 2001 (now standing at 10 Moz in 2016); and Mozambique – Meponda (uranium, niobium, tantalum, rare earths).

Mr. Lulin was also President of the Mineral Exploration Association of Quebec (AEMQ), co-founder of the Burkinabe Mining Association and president of the Technical Commission of the World Bank-MIGA 6thAfrican Mining Symposium. He currently sits on the Mining Committee for the Fédération des Chambres de Commerce du Québec, and on the Geosciences Committee for the Prospectors and Developers Association of Canada (PDAC). Mr. Lulin was also Associate Professor at the Université du Québec à Montréal (1992-1995) and was a consultant for The World Bank.

Mr. Lulin holds a Doctorate in Economic Geology from the Université d’Orléans (1984), and a Diploma of Advanced Studies in Mineral and Energy Resources (1981), a Master’s degree in Applied Geology (1980) and a Licence in Earth Sciences (1979) from the Université de Paris VI, France.

Jean-Charles POTVIN, B.Sc., MBA.,

Director

Toronto, Ontario

Mr. Potvin is a highly seasoned mining industry expert who has held many executive positions at the helm of exploration companies. He has been a director of Azimut since 2003.

Directors

Learn more about Mr. Potvin

Mr. Potvin is currently a director of Azimut Exploration Inc. and Gold Reserve Inc., both public exploration and development companies and President and CEO of Murchison Minerals Ltd. a company focused on advancing the exploration and development of the Brabant copper zinc VMS deposit in Central Saskatchewan.

Mr. Potvin was President and CEO of Flemish Gold Corp. prior to the amalgamation with Murchison Minerals in June 2014. He is also President of Golden Sun Resources a private company which owns the Bellavista gold mine in Central America. Jean-Charles served as the Chairman of Vaaldiam Mining Inc. from 1992 to 2012 (formerly Tiomin Resources which acquired Vaaldiam under a plan of arrangement and changed its name to that of the latter).

Mr. Potvin was President and CEO of Pangea Goldfields Inc., which had extensive holdings in Tanzania, and Peru until its acquisition in July 2000 by Barrick Gold Corporation for $204 million. Until 1994, he was a Director and Vice-President of Burns Fry (subsequently BMO Nesbitt Burns and currently BMO Capital Markets) and responsible for evaluating world-wide mining investment opportunities as a top-ranked Equity Research Gold Analyst.

Krista MUHR, BCom.,

Director

Vancouver, British Columbia

Ms. Muhr is an experienced corporate board member and has been an advisor to both corporate and trade association boards during her 10 years in executive leadership roles.

Directors

Learn more about Ms. Muhr

Ms. Muhr is an experienced corporate board member and has been an advisor to both corporate and trade association boards during her 10 years in executive leadership roles. Throughout her nearly 20-year career in global metals and mining, Krista has led award winning investor relations programs, been a key team leader in both friendly and hostile acquisitions totaling $7B, and participated in bought-deal financings worth over $320M.

Most recently as Senior Vice President, External Affairs and Sustainability for Eldorado Gold, Krista served as a key member of the executive team and was charged with formulating and executing strategic stakeholder communications and sustainability initiatives consistent with the overall corporate strategy. Krista led one integrated team, including investor relations, communications, government relations and sustainability. While in this role, Krista also served as the corporate representative on various board memberships, including the Mining Association of Canada and the Canadian Mining Innovation Council.

Krista is currently a member of Meta Gold Inc. and Ensign Minerals Inc. Board of Directors. She holds a Bachelor of Commerce from Ryerson University and Corporate Directors International designation. She is based in British Columbia.

Angelina MEHTA, P.Eng., MBA,

Director

Montreal, Quebec

Ms. Mehta is a professional engineer registered in Quebec, and a founding member of Women in Mining (WIM) Montreal. She is the General Manager of Joint Ventures at Rio Tinto Aluminium and has served on the Azimut Board since 2018.

Directors

Learn more about Mrs. Mehta

Ms. Angelina Mehta has over 20 years’ experience in the fields of finance and engineering and is currently working as General Manager of Joint Ventures at Rio Tinto Aluminium.  She was previously Director, Mining Investment Banking at Laurentian Bank Securities Inc and Senior Mining Advisor with Paradigm Capital Inc. in Investment Banking, as well as Vice President of Operations for North American Nickel. Over the years, she served as Investment Manager for Sentient Asset Management Canada and held various operational positions for multiple mining companies, including Rio Tinto’s subsidiary, Iron Ore Company of Canada.

 Ms. Mehta holds a bachelor’s degree in mining engineering and an MBA from McGill University, as well as a Master of Law degree from the Osgoode Hall Law School of York University. Ms. Mehta has served on the Board of Directors for several publicly listed junior mining companies including Pershimco, Meridian Mining, Stornoway Diamond, and Falco Resources. She also served on the Women in Mining Canada Board for five years and is currently a Director for Fondation du Grand Montreal.

Jacques SIMONEAU, PhD, Eng.

Director

Montreal, Quebec

Jacques Simoneau is a seasoned executive with a comprehensive experience in investment, venture capital, science and technology. A trusted board member, he has been involved in 20+ boards of public and private companies and several non-profit organisations.  He holds a Ph.D. in engineering, he is a member of OIQ and PEO, and he is certified ICD.D by the Institute of Corporate Directors.

Directors

Learn more about Mr. Simoneau

Jacques Simoneau is a seasoned executive with a comprehensive experience in investment, venture capital, science and technology.

He recently retired from his position as CEO and director of Gestion Univalor, a limited partnership created to commercialize innovations issued from University research.   Prior to that, he led venture capital and private equity investment teams with billion-dollar portfolios as Executive Vice President, Investments for the Business Development Bank of Canada (BDC) and as Senior Vice President of the Solidarity Fund QFL.  He was also CEO of Hydro-Québec Capitech and Société Innovatech du sud du Québec, two specialized VC funds.  He started his career as professor of engineering at the Royal Military College of Canada, and then successively joined Alcan (now Rio-Tinto Alcan) as research scientist and project leader, and Advanced Scientific Computing (now part of Ansys) as director of  business development.

Dr. Simoneau is a director of Azimut Exploration inc., Transat A.T., Genome Canada, and Edilex inc.  A trusted board member,  he has been involved in 20+ board positions in public and private companies and in several non-profit organisations, including Sonaca N.A., chair of DiagnoCure inc., chair of the audit committee at Sustainable Development Technology Canada, the Canadian Venture Capital & Private Equity Association, and the Conseil de la science et de la technologie du Québec.

Dr. Simoneau is an engineer and holds a M.Sc. from Laval University and a Ph.D. from Queen’s University. He is a member of the Ordre des ingénieurs du Québec and of Professional Engineers Ontario, and he is certified ICD.D by the Institute of Corporate Directors.

Michel BRUNET, LL.B.

Director

Montreal, Quebec

Mr. Brunet is currently Senior Counsel for Dentons Canada LLP where he practices corporate and commercial law. He has advised state-owned, public and private corporations in various sectors, including institutional fund management, energy, manufacturing, commercial, financial services and brokerage. His broad corporate expertise includes regulatory compliance, take-over bids, underwritings, private placements, debt financings, syndications, joint ventures and shareholder agreements.

Directors

Learn more about Mr. Brunet

Michel Brunet is currently Senior Counsel for Dentons Canada LLP where he practices corporate and commercial law. He has advised state-owned, public and private corporations in various sectors, including institutional fund management, energy, manufacturing, commercial, financial services and brokerage. His broad corporate expertise includes regulatory compliance, take-over bids, underwritings, private placements, debt financings, syndications, joint ventures and shareholder agreements.

Mr. Brunet was the CEO of Fraser Milner Casgrain from 2006 to 2010, and Chair of Dentons Canada from 2005 to 2017. Among his many notable accomplishments, he is listed by Acritas as an Acritas Star™ Lawyer (2017, 2018) and received the Queen Elizabeth II Diamond Jubilee Medal.

Glenn J. MULLAN, B.Sc. (Geology)

Director

Val d’Or, Quebec

Mr. Mullan is a geologist/prospector with 42 years of experience in the mining industry.  He is the Founder and President/CEO of Golden Valley Mines Ltd. (TSXV-GZZ) and Founder/Chair of Abitibi Royalties Inc (TSXV-RZZ).  Mr. Mullan joined the Azimut board in 2019.

Directors

Learn more about Mr. Mullan

Mr. Mullan is a geologist/prospector with 42 years of experience in the mining industry.  He is the Founder and President/CEO of Golden Valley Mines Ltd. (TSXV-GZZ) and Founder/Chair of Abitibi Royalties Inc (TSXV-RZZ).  Mr. Mullan assembled, and continues to acquire, most of the precious, base, battery and industrial metals and mineral properties comprising the portfolio now explored by Golden Valley Mines and related companies.

Glenn’s experience spans early-stage prospects (Project Generation) through advanced-stage, permitted and developed projects inclusive of PEA’s, BFS, construction authorizations, Impact Benefit Agreements, project team building, etc.  His passion is for grassroots prospecting, testing both new and “tried and true” ventures and ideas.  His geographic focus has spanned Central and South America, Africa, Australia and North America.  The Abitibi Greenstone Belt and Nunavik, Quebec are areas representing the bulk of his corporate activity.

Mr. Mullan held the role of President of the Prospectors and Developers Association of Canada (PDAC) from 2017 to 2019.  He has been a PDAC member for 45 years, and currently sits on the Executive and Awards Committees, and has previously been a member of the CSR, Corporate Governance and Nominations Committee.  He is currently the Immediate Past President of the PDAC.  He is a member in good standing of the Ordre des Geologues du Quebec, Geological Association of Canada, Society of Exploration Geophysicists, Canadian Institute of Mines and Metallurgy and continues participation in several local social endeavours.

Glenn holds a B.Sc. degree in geology (Earth Sciences) from Concordia University in Montreal, Quebec.

DIRECTORY

HEAD OFFICE

Azimut Exploration Inc.
110 De La Barre Street, Suite 224
Longueuil (Quebec)
Canada J4K 1A3

Telephone: +1(450) 646-3015
Facsimile: +1(450) 646-3045

DIRECTORS AND OFFICERS

Jean-Marc Lulin,
President, CEO, Director (Montreal)

Moniroth Lim,
CFO and Corporate Secretary (Montreal)

Jean-Charles Potvin,
Director (Toronto)

Krista Muhr,
Director (Vancouver)

Jacques Simoneau,
Director (Montreal)


Angela Mehta,

Director (Montreal)


Michel Brunet,

Director (Montreal)


Glenn J. Mullan,
Director (Val d’Or)

LEGAL COUNSEL

XploraMines S.A. (Montreal)

AUDITORS

PricewaterhouseCoopers LLP/s.r.l./s.e.n.c.r.l.
(Montreal)

TRANSFER AGENT

AST Trust Company Canada
(formerly Canadian Stock Transfer Company Inc.)
(Montreal)

LISTING

TSX Venture
Symbol: AZM