MARKET WIRE NEWS

Azimut Grants Stock Options

MWN-AI** Summary

Azimut Exploration Inc. (TSXV: AZM, OTCQX: AZMTF), a prominent mineral exploration company based in Longueuil, Quebec, has granted a total of 1,115,000 stock options as part of its year-end compensation review conducted on December 29, 2025. Of the stock options issued, 1,020,000 were allocated to directors and officers, while 95,000 were distributed to employees and consultants. These options come with an exercise price of $0.79 per share and are valid for a 10-year period.

Renowned for its expertise in target generation and partnership development, Azimut maintains the largest mineral exploration portfolio in Quebec, covering strategic land positions rich in gold, copper, nickel, and lithium. The company is currently advancing several promising projects. Noteworthy endeavors include the Wabamisk property, where drilling results for the Fortin Zone (antimony-gold) are awaited, and the Rosa Zone (gold), which has recently completed an initial drilling phase with assays pending. The Elmer property hosts the Patwon gold deposit, which has an indicated resource of 311,200 ounces and an inferred resource of 513,900 ounces. An internal scoping study is underway alongside field assessments for newly acquired claims.

Additionally, Azimut is working on the Wabamisk East project through Rio Tinto and the Kukamas project in collaboration with KGHM. The Kukamas drilling phase has concluded, with assay results forthcoming. Azimut leverages cutting-edge data analytics through its proprietary AZtechMine™ system to maintain its competitive edge in exploration. With a solid financial standing and strategic investments from Agnico Eagle Mines Limited and Centerra Gold Inc., Azimut is well-positioned for future growth in the mining sector.

MWN-AI** Analysis

Azimut Exploration Inc. (TSXV: AZM; OTCQX: AZMTF) recently granted 1,115,000 stock options at an exercise price of $0.79 per share, reflecting a strategic move to align the incentives of management and employees with shareholder interests. This decision follows a year-end compensation review and emphasizes the company's commitment to enhancing shareholder value amid a supportive market backdrop for mineral exploration.

In assessing Azimut's market positioning, it is crucial to recognize its extensive portfolio of mineral assets in Quebec, where it holds the largest land position for gold, copper, nickel, and lithium. The company is strategically advancing several promising projects, notably the Patwon gold deposit with significant resources, and ongoing drilling campaigns at various high-potential sites. The pending assay results from multiple projects could serve as key catalysts for share price appreciation in the near term.

With two strategic shareholders, Agnico Eagle Mines and Centerra Gold, holding approximately 20% of the total shares, Azimut enjoys a robust financial backing that reinforces market confidence. Their involvement is indicative of the broader industry's interest in Azimut's exploration endeavors and potential future profitability.

However, investors should remain cognizant of the inherent risks in mineral exploration, including regulatory hurdles and market volatility. Given the current landscape, potential investors may consider adding Azimut to their portfolios as a speculative growth play, particularly if recent assay results yield positive outcomes.

In conclusion, Azimut’s recent stock option grants, strong project pipeline, strategic partnerships, and disciplined financial approach position it favorably for growth. Investors should closely monitor forthcoming project updates, as they will be critical in determining the company’s trajectory and market performance.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

LONGUEUIL, Quebec, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) announces that on December 29, 2025, related to its year-end compensation review, a total of 1,115,000 stock options were granted to directors, officers, employees, and consultants. Of this number, 1,020,000 have been granted to directors and officers and 95,000 to employees and consultants. These options have an exercise price of $0.79 per share and are exercisable for a 10-year period.

About Azimut

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, controlling strategic land positions for gold, copper, nickel and lithium. Azimut is concurrently advancing several high-potential projects:

  • Wabamisk (100% Azimut) – Fortin Zone (antimony-gold): results for 7 holes are pending and will be reported as soon as they are received; Rosa Zone (gold): initial phase of drilling completed, assays pending.
  • Elmer (100% Azimut) – Patwon gold deposit at the resource stage (311,200 oz Indicated and 513,900 oz Inferredi); internal scoping study in progress; field assessment of the recently acquired K2 claim block.
  • Wabamisk East (Rio Tinto option) – Lithos North & South (lithium): comprehensive field evaluation underway to prepare for drilling phase.
  • Kukamas (KGHM option) – Perseus Zone (nickel-copper-PGE): drilling phase completed; assay results are pending and will be reported as soon as they are received.

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. Azimut maintains rigorous financial discipline and a strong balance sheet.

Azimut has two strategic investors among its shareholders, Agnico Eagle Mines Limited and Centerra Gold Inc., which hold approximately 11% and 9.9%, respectively, of the Company’s issued and outstanding shares.

Contact and Information

Jean-Marc Lulin, President and CEO
Tel.: (450) 646-3015 – Fax: (450) 646-3045

Jonathan Rosset, Vice President Corporate Development
Tel.: (604) 202-7531
info@azimut-exploration.com        www.azimut-exploration.com

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.

_____________________________________________
i
Technical Report and Initial Mineral Resource Estimate for the Patwon Deposit, Elmer Property, Québec, Canada, prepared by Martin Perron, P.Eng., Chafana Hamed Sako, P.Geo., Vincent Nadeau-Benoit, P.Geo. and Simon Boudreau, P.Eng. of InnovExplo Inc., dated January 4, 2024. The initial MRE comprises Indicated resources of 311,200 ounces in 4.99 million tonnes grading 1.93 g/t Au and Inferred resources of 513,900 ounces in 8.22 million tonnes grading 1.94 g/t Au.


FAQ**

How do the recent stock options granted to directors and officers by Azimut Exploration Inc. AZM:CC align with the Company's long-term strategic goals and compensation structure?

The recent stock options granted to directors and officers by Azimut Exploration Inc. align with the Company’s long-term strategic goals by incentivizing leadership performance and commitment to shareholder value, while complementing a compensation structure that rewards sustainable growth.

What are the anticipated timelines for reporting assay results from Azimut Exploration Inc. AZM:CC's ongoing projects like the Wabamisk and Elmer properties, and how might these affect investor sentiment?

Anticipated timelines for assay results from Azimut Exploration Inc.'s Wabamisk and Elmer properties are expected within the next few months, and delays or positive results could significantly influence investor sentiment and stock performance.

Given Azimut Exploration Inc. AZM:CC's strong balance sheet and partnerships, what are the potential implications for future exploration initiatives and capital raising efforts?

Azimut Exploration Inc.'s strong balance sheet and strategic partnerships may enhance its ability to undertake ambitious exploration initiatives and facilitate capital raising efforts, positioning the company for growth and increased investor interest in future projects.

How do Azimut Exploration Inc. AZM:CC's innovative data analytics like the AZtechMine™ expert system contribute to its competitive advantage in the resource exploration sector?

Azimut Exploration Inc.'s AZtechMine™ expert system enhances its competitive advantage by leveraging innovative data analytics to optimize mineral exploration, significantly improving decision-making, reducing costs, and increasing the chances of successful resource discovery.

**MWN-AI FAQ is based on asking OpenAI questions about Azimut Exploration Inc. (TSXVC: AZM:CC).

Azimut Exploration Inc.

NASDAQ: AZM:CC

AZM:CC Trading

0.0% G/L:

$1.30 Last:

34,200 Volume:

$1.30 Open:

mwn-ir Ad 300

AZM:CC Latest News

AZM:CC Stock Data

$0
0
N/A
N/A

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App