Azimut Exploration AGM Results and Drilling Update

LONGUEUIL, Quebec, March 02, 2026 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV:AZM) (OTCQX:AZMTF) is pleased to announce the voting results for its Annual General Meeting (the “AGM”) of shareholders held February 26, 2026.

Azimut Exploration Inc. has recently published the outcomes of its Annual General Meeting (AGM) held on March 1, 2026, alongside an update on its drilling operations. The AGM was well attended, with shareholders participating actively in various discussions surrounding the company’s future direction and strategic objectives.

During the AGM, shareholders ratified all proposed resolutions, which included the election of the board of directors, the appointment of auditors, and the approval of the stock option plan. The company’s management presented its detailed plans for its mineral exploration projects, emphasizing their commitment to advancing exploration and drilling activities.

The drilling update provided pertinent details about the current projects. Azimut has initiated expanded drilling programs aimed at confirming previous findings and assessing additional targets that could enhance resource estimates. The management reported that the drill rigs are now operational and mobilizing to different sites, indicating a busy and productive field season ahead.

President and CEO of Azimut, Mr. Jean-Marc Lulin, spoke optimistically about the future of the company, underscoring their strategic exploration focus and strong position within the industry. He noted that the drilling activities aim to further define mineral resources and optimize the company’s portfolio through rigorous exploration methodologies.

In addition to drilling activities, Azimut is keenly aware of the prevailing market dynamics and the demand for sustainable mining practices. The company is committed to engaging with local communities and adhering to environmental regulations as part of its operational strategy. Lulin emphasized that building strong relationships with stakeholders will be crucial for the success of their projects moving forward.

The AGM concluded with a positive outlook, and shareholders expressed their support for the management’s vision and operational strategies. The engagement and trust of the shareholders were evident, reflecting their confidence in Azimut’s capabilities to navigate the mineral exploration landscape effectively.

Looking ahead, Azimut is focused on maintaining momentum in their exploration efforts and achieving significant milestones by leveraging advanced technology and methodologies in their drilling programs.