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)

Apr 21, 2020

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	3,992,467,000

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
Distribution of Cash Dividend
Background/Description of the Disclosure
Further to the disclosure submitted by Axelum Resources Corp. (AXLM) on 11 March 2020 on the declaration of cash dividends on common shares, we would like to inform the PSE, SEC and Investing Public that the 24 April 2020 payment date for the cash dividends remains unchanged. However, given the extension of the Enhanced Community Quarantine (ECQ) over the entire Luzon, including the National Capital Region, up to 30 April 2020, which resulted in temporary work suspension and has hampered the necessary coordination and logistics for processing of the dividend payment, the distribution of the cash dividends to all stockholders of record on payment date may not be achievable and could result in expected delays. For stockholders whose shares are lodged with the PDTC, they can receive their dividend by electronic payment on the payment date. For other stockholders, AXLM assures the Investing Public that it will exert its best efforts to release all dividend checks as soon as practicable, taking into consideration the existing ECQ and the restrictions imposed by it. AXLM anticipates that it will be able to complete delivery of their dividend checks best effort basis within 5 days from the complete lifting of the ECQ. For the requirements on applicable withholding tax rates, AXLM can accept unnotarized certifications sent by email with the original and notarized certifications and documents to follow. For inquiries on the dividend payment, stockholders may reach ALXM through the following: Maria Theresa Z. Paguirigan - [email protected] Rebecca Cabral - [email protected] Stockholders may also contact our Stock Transfer Agent, BDO Unibank, Inc. through Ms. Rose Bayron of Releasing Section with tel. no. (02) 88784054. Thank you very much for your understanding.
Other Relevant Information
None