C06729-2020

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)
Sep 24, 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
02-88510715
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 3,945,096,000
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 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules

Subject of the Disclosure

Buy-Back of Shares

Background/Description of the Disclosure

Pursuant to the Corporation's buy-back program approved by the Board on 11 March 2020, which was extended on 22 September 2020, the Corporation purchased from the open market a total of 160,000 common shares at the average price of Php 2.5441 per share.

Type of Securities

Details of Share Buy-Back Transaction(s)
Date of Transaction Number of Shares Purchased Price Per Share
Sep 24, 2020 30,000 2.53
Sep 24, 2020 35,000 2.54
Sep 24, 2020 95,000 2.55
160,000
Effects on Number of Shares
Before After
Outstanding Shares 3,945,096,000 3,944,936,000
Treasury Shares 54,904,000 55,064,000
Cumulative Number of Shares Purchased to Date 1 55,064,000
Total Amount Appropriated for the Buy-Back Program Php 500,000,000
Total Amount of Shares Repurchased Php 136,659,973
Other Relevant Information

The total amount of shares repurchased includes other incidental costs.

This form is being amended to correct the number of Outstanding Shares (before figures).

1 From the date when the share buy-back program commenced.

Filed on behalf by:
Name Maria Theresa Paguirigan
Designation Treasurer, Chief Financial Officer and Asst. Corporate Secretary