Mr. Jean-Marc Lulin reports

AZIMUT APPOINTS ALAIN CAYER AS PROJECT MANAGER

Azimut Exploration Inc. has appointed Alain Cayer as project manager for the company. His role will mainly focus on advancing the Elmer gold project.

During his career, Mr. Cayer has acquired extensive experience in mineral exploration in Quebec for a wide range of geological settings and mineral commodities (gold, copper, nickel, rare earths and niobium).

His previous positions include vice-president of exploration for Kintavar (2017 to 2024), chief geologist then vice-president of exploration for Geomega Resources (2011 to 2024), senior geologist for Geonordic Technical Services (2002 to 2011) and geologist for SOQUEM (1998 to 2000).

Mr. Cayer contributed directly to the discovery of the Eleonore gold deposit as project manager for Virginia Gold Mines, from the initial discovery of the Roberto zone in 2003 to the sale of the mining project to Goldcorp in 2005. For this discovery, he and the rest of the Virginia Gold Mines team received the PDAC's (Prospectors & Developers Association of Canada) Bill Dennis Prospector of the Year award in 2005. He and the Virginia team also received the AEMQ's (Association de l'exploration minière du Québec) 2004 Prospector of the Year award for the Eleonore and Coulon projects.

Mr. Cayer holds a BSc in applied geology -- mineral resources (1997) and an MSc in earth sciences (2001) from UQAM.

About Azimut Exploration Inc.

Azimut is a leading mineral exploration company with a solid reputation for target generation and partnership development. The company holds the largest mineral exploration portfolio in Quebec, Canada. Its wholly owned flagship project, the Elmer gold project, has advanced to the resource stage with a strong exploration upside. The company also controls a strategic land position for copper/gold, nickel and lithium.

Azimut uses a pioneering approach to big-data analytics (the proprietary AZtechMine expert system) enhanced by extensive exploration know-how. The company's competitive edge is based on systematic regional-scale data analysis and concurrently active projects. Azimut maintains rigorous financial discipline and a strong balance sheet with 85.4 million shares issued and outstanding.