SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Sep 30, 2022

2. SEC Identification Number

CS201013282

3. BIR Tax Identification No.

007-851-927-000

4. Exact name of issuer as specified in its charter

AXELUM RESOURCES CORP.

5. Province, country or other jurisdiction of incorporation or organization

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

ICS Bldg. Tiano-Montalvan Sts., Cagayan de Oro City Postal Code 9000

8. Issuer's telephone number, including area code

02-88510715

9. Former name or former address, and former fiscal year, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	3,798,405,500

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

PHILIPPINE STOCK EXCHANGE - COMMON SHARES

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Axelum Resources Corp.AXLM

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Sep 30, 2022
Currency (indicate units, if applicable)	PHP in thousands

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2022	Dec 31, 2021
Current Assets	5,957,634	4,559,113
Total Assets	11,559,607	10,081,581
Current Liabilities	1,367,539	775,012
Total Liabilities	1,549,771	887,732
Retained Earnings/(Deficit)	3,468,133	2,750,855
Stockholders' Equity	10,009,836	9,193,849
Stockholders' Equity - Parent	9,485,821	8,868,113
Book Value per Share	2.65	2.37

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	1,937,098	1,685,517	5,312,471	4,789,250
Gross Expense	1,630,014	1,444,661	4,642,775	4,161,014
Non-Operating Income	113,951	93,258	272,176	133,882
Non-Operating Expense	10,763	13,059	24,125	28,151
Income/(Loss) Before Tax	410,272	321,055	917,747	733,967
Income Tax Expense	113,840	60,787	200,469	155,281
Net Income/(Loss) After Tax	296,432	260,268	717,278	578,686
Net Income Attributable to Parent Equity Holder	296,432	260,268	717,278	578,686
Earnings/(Loss) Per Share (Basic)	0.08	0.07	0.19	0.15
Earnings/(Loss) Per Share (Diluted)	0.08	0.07	0.19	0.15

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.21	0.17
Earnings/(Loss) Per Share (Diluted)	0.21	0.17

Other Relevant Information
See attached SEC Form 17-Q and unaudited condensed consolidated interim financial statements for the Third Quarter ended September 30, 2022.