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AXIOM MINING LTD. - NOTICE UNDER SECTON 708A(5)(e) OF THE CORPORATIONS ACT 2001

February 17, 2014



ENP Newswire - 17 February 2014

Release date- 14022014 - Axiom Mining Limited seeks to rely on section 708A(5) of the Corporations Act 2001 and gives notice under section 708A(5)(e) of the Act of the following details.

AVQ has issued the following ordinary shares:

12,700,000 shares at an issue price of 0.00 cents per share, for consultancy services;

22,956,153 ordinary shares at an issue price of 0.00 cents per share under the terms of an agreement for convertible note securities;

50,257,144 ordinary shares at an issue price of 1.40 cents per share, under a private placement and

800,000 ordinary shares at an issue price of 0.00 cents per share as payment to an employee of AVQ;

AVQ has issued the following unlisted options:

13,250,000 unlisted options at an issue price of 0.00 cents per option, issued in connection with a funding facility and which are exercisable at 1.87 cents each, expiring on 10 February 2017 and

16,000,000 unlisted options at an issue price of 0.00 cents per option, issued for consultancy services and which are exercisable at 1.70 cents each, expiring 30 November 2014;

AVQ issued the shares and options without disclosure to investors under Part 6D.2 of the Act;

as at the date of this notice, AVQ has complied with:

the provisions of Chapter 2M of the Act as they apply to AVQ and

section 674 of the Act and

as at the date of this notice, there is no information to be disclosed that is 'excluded information' within the meaning of section 708A(7) and (8) of the Act.

Contact:

Axiom Mining Limited

Unit 6, 76 Doggett Street Newstead

Queensland 4006

Australia

Tel: +61 7 3319 4100

Fax: +61 7 3252 7577

www.axiom-mining.com


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Source: ENP Newswire


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