Azimut Exploration Inc. ("Azimut") and its partner Silver Spruce Resources Inc. ("Silver Spruce") report positive uranium results from their summer 2008 exploration program at the Hudson Bay property in Nunavik, Quebec. A one-month prospecting program assessed target areas that were previously defined by anomalous uranium values (up to 1,950 ppm) in lake-bottom sediments and helicopter-borne geophysics (press release of April 22, 2008).
Azimut Exploration Inc. ("Azimut" or "the Company") announces the closing of a non-brokered private placement financing totalling $2,040,000 with Quebec-based institutions and certain of Azimut's board members. The closing of the first tranche of $1,900,000 was announced on November 21, 2008 and this second tranche of $140,000 closes this financing.
Azimut Exploration Inc. ("Azimut" or "the Company") announces the completion of the first tranche of a non-brokered private placement financing totalling $1,900,000 with Quebec-based institutions and certain of Azimut's board members. The first remaining $140,000 financing is expected to be completed next week. The gross proceeds will be used for general purposes, technical work and business development.
Longueuil, Quebec - November 7, 2008 - Azimut Exploration Inc. ("Azimut") and NWT Uranium Corp. ("NWT") announce that they have mutually agreed to further extend to December 31, 2008 the closing date for completing the transaction contemplated in the Termination Agreement in respect of the North Rae and Daniel Lake properties located in Nunavik, Quebec.
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut" or "the Company") reports that, despite the recent stock market downturn, the Company's outlook remains strong. Azimut is one of the leading exploration companies in Quebec, a region recognized worldwide for its exploration attractiveness.
Longueuil, Quebec - October 6, 2008 - Azimut Exploration Inc. ("Azimut") and NWT Uranium Corp. ("NWT") announce that they have mutually agreed to extend to November 6, 2008 the closing date for completing the transaction contemplated in the Termination Agreement in respect of the North Rae and Daniel Lake properties located in Nunavik, Quebec.
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") and its partner Majescor Resources Inc. ("Majescor") report encouraging results from their summer 2008 exploration program at the West Minto property in Nunavik, Quebec.
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") reports the prospecting discovery of a 6-km-long radioactive zone on its Daniel Lake property in the eastern part of the Ungava Bay region of Nunavik, Quebec.
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") and its partner Everton Resources Inc. ("Everton") report results of the winter/spring 2008 drill program on the Opinaca A and B gold properties.
Not for distribution to U.S. newswire services or for U.S. dissemination. Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") announced today that the Autorité des marchés financiers, as principal regulator, issued a receipt for the preliminary short form prospectus dated as of August 25, 2008 in the name of the securities regulatory authorities in each of the provinces of Canada in connection with a proposed offering of common shares and flow-through common shares of Azimut (the "Offering").
Not for distribution to U.S. newswire services or for U.S. dissemination. Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") announced today that it has filed a preliminary short form prospectus with the securities regulatory authorities in each of the provinces of Canada in connection with a proposed offering of common shares and flow-through common shares (the "Offering").
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") reports the prospecting discovery of a 2.4-km-long mineralized zone on its North Rae property located in the eastern part of the Ungava Bay region in Nunavik, Quebec.
Longueuil, Quebec - July 7, 2008 - Azimut Exploration Inc. (TSX-V : AZM) ("Azimut") and NWT Uranium Corp. (TSX-V: NWT; OTCBB: NWURF) ("NWT") concluded an agreement to terminate the option agreements previously granted by Azimut to NWT on the North Rae and Daniel Lake properties located in the Ungava Bay region, Nunavik, Quebec.
Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") and its partner Silver Spruce Resources Inc. ("Silver Spruce") have delineated uranium targets on the Hudson Bay property in northern Quebec. The targets are defined by uranium values of up to 1,950 ppm in lake-bottom sediments, and by helicopter-borne radiometric survey results.
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") announces that a total of 360,000 stock options have been granted to its directors and officers.
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut" or "the Company") reports on its substantial exploration activities planned for three mineral-rich emerging districts in Quebec. At least 18 gold and uranium properties (see appended map) will be the subject of major exploration programs for an aggregate minimum partner-funded budget of $12 million, including $4 million for gold and $8 million for uranium.
Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") and its partner Central Uranium Corporation ("Central Uranium") report they have delineated two major uranium targets on the Central Minto property in northern Quebec. Uranium values up to 1,000 ppm have been identified in lake-bottom sediments forming two distinct uranium clusters over a cumulative length of 30 kilometres.
Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") and its partner Rukwa Uranium Ltd. ("Rukwa") report they have delineated extensive uranium targets on the North Minto and South Minto properties in northern Quebec. Uranium values up to 1,330 ppm have been identified in lake-bottom sediments forming six (6) distinct clusters of strong uranium anomalies over a cumulative length of 87 kilometres.
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") announces that its partners Les Mines Opinaca Ltée ("Mines Opinaca"), a wholly owned subsidiary of Goldcorp Inc., and Everton Resources Inc. ("Everton") have commenced 2 diamond drilling programs totalling 5,250 m on the Eleonore South and Opinaca A gold properties in the James Bay region of Quebec.
Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") and Majescor Resources Inc. ("Majescor") report additional encouraging results from their 2007 exploration program at the South Rae property in the Ungava Bay region of Nunavik, northern Quebec.
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") announces that Les Mines Opinaca Ltée. ("Opinaca"), a wholly owned subsidiary of Goldcorp Inc. ("Goldcorp"), has exercised its right to increase its interest by 6.67% to a total of 40% in the Eleonore South joint venture, located in the James Bay region in Quebec.
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") considers that NWT Uranium Corporation ("NWT") has cured its default in respect of the North Rae and Daniel Lake properties located in the Ungava Bay region in Quebec.
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") announces that on January 30, 2008, it has received from NWT Uranium Corporation ("NWT") a Curative Notice, together with documentation and data, following the delivery by Azimut, on December 17, 2007, of a Notice of Default (see press release dated December 18, 2007).
Longueuil, Quebec. Azimut Exploration Inc. ("Azimut") and Central Uranium Corporation ("Central Uranium") report extensive helicopter-borne uranium anomalies on the Kangiq property in the eastern part of Quebec's Ungava Bay region. Azimut considers it controls a large part of this emerging new uranium district with its 100% interest in five large properties totaling 7,807 claims and 3,545 km2.
Longueuil, Quebec. Azimut Exploration Inc. ("Azimut") and Majescor Resources Inc. ("Majescor") continue to receive encouraging results from their summer 2007 exploration program at the South Rae property in Nunavik, northern Quebec.
Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") reports additional encouraging results obtained on the North Rae property located in the Ungava Bay region, Nunavik, Quebec. The property is under option by NWT Uranium Corp. ("NWT"). Assay results from 27 rock grab samples collected during the 2007 summer field campaign further indicate the significant uranium potential of the property.
