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Azimut Appoints Michel Brunet as Director Symbol: AZM.TSX Venture

Management Changes

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.

View original content: http://www.newswire.ca/en/releases/archive/April2018/16/c4547.html

%SEDAR: 00003284E

For further information:

Jean-Marc Lulin, President and CEO, Tel.: (450) 646-3015 - Fax: (450) 646-3045, [email protected]

CO: Azimut Exploration Inc.

CNW 07:00e 16-APR-18