Azimut grants stock options Symbol: AZM.TSX Venture

Azimut grants stock options

Symbol: AZM.TSX Venture

LONGUEUIL, QC

,

March 20, 2018

/CNW Telbec/ -

Azimut Exploration Inc.

(

"Azimut"

or

"the Company"

) (

TSXV: AZM

) announces

that a total of 520,000 stock options have been granted to its directors, officers, employees and consultants. Of this number, 460,000 have been

granted to its directors and officers and 60,000 to its employees and consultants. These options have an exercise price of

$0.37

per share and are

exercisable during a 10-year period.

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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

www.azimut-exploration.com/

SOURCE

Azimut Exploration Inc.

View original content: http://www.newswire.ca/en/releases/archive/March2018/20/c4233.html

%SEDAR: 00003284E

For further information:

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

www.azimut-exploration.com

CO: Azimut Exploration Inc.

CNW 13:59e 20-MAR-18