SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Feb 6, 2023

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

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

0288510715

9. Former name or former address, 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. Indicate the item numbers reported herein

9

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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Sale of common shares by certain shareholders
Background/Description of the Disclosure
Axelum Resources Corp. (the “Company”) was advised by its shareholders, CP Compass Singapore Pte Ltd., Theol Holdings Inc., Domus Este Holdings Inc., Tufnell Park Holdings Inc., Luxdomino Holdings Corp., Luceatlux Holdings Corp., Greenridge East Holdings, Inc., Axelum Resources Corp. Retirement Plan, and certain individual shareholders (collectively referred to as the “AXLM Shareholders”), that on February 6, 2023, the AXLM Shareholders entered into a Sale and Purchase Agreement with Metro Pacific Agro Ventures, Inc. for the sale of the AXLM Shareholders’ 1,190,000,000 common shares of stock in the Company at an aggregate consideration of Php4,819,500,000. The breakdown of the AXLM Shareholders are as follows: 1. Theol Holdings, Inc. – 100,080,000 common shares; 2. Domus Este Holdings Inc. – 85,485,000 common shares; 3. Tufnell Park Holdings Inc. – 85,485,000 common shares; 4. Luxdomino Holdings Corp. – 31,392,000 common shares; 5. Luceatlux Holdings Corp. – 16,779,500 common shares; 6. Greenridge East Holdings, Inc. – 252,696,834 common shares; 7. Axelum Resources Corp. Retirement Plan – 40,800,000 common shares; 8. CP Compass Singapore Pte Ltd – 420,000,000 common shares; and 9. Various individual sellers – 157,281,666 common shares. Upon closing of the transaction, which is subject to the fulfillment of certain conditions, MPAV will hold a total of 29.76% stake in the Company but there is no single shareholder holding the majority stake in the Company, which is similar to the situation before the transaction, and there is no change in the controlling shareholders or the business of the Company. The Company was also advised by the AXLM Shareholders that the closing and completion of the sale is subject to the fulfilment of certain conditions.
Other Relevant Information
None