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, 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 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	3,943,436,000

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, 2020
Currency (indicate units, if applicable)	Php in thousands

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2020	Dec 31, 2019
Current Assets	4,580,492	5,076,923
Total Assets	9,806,754	10,559,102
Current Liabilities	1,019,365	1,707,380
Total Liabilities	1,107,726	1,976,091
Retained Earnings/(Deficit)	1,892,205	1,629,108
Stockholders' Equity	8,699,028	8,583,011
Stockholders' Equity - Parent	8,449,475	8,387,073
Book Value per Share	2.21	2.15

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	1,366,304	1,315,938	3,753,396	3,927,012
Gross Expense	1,130,962	1,087,035	3,329,406	3,223,265
Non-Operating Income	2,100	31,597	97,858	41,330
Non-Operating Expense	18,593	37,419	88,217	77,618
Income/(Loss) Before Tax	218,849	223,081	433,631	667,459
Income Tax Expense	38,687	17,599	50,534	58,472
Net Income/(Loss) After Tax	180,162	205,482	383,097	608,987
Net Income Attributable to Parent Equity Holder	180,162	205,482	383,097	608,987
Earnings/(Loss) Per Share (Basic)	0.05	0.06	0.1	0.19
Earnings/(Loss) Per Share (Diluted)	0.05	0.06	0.1	0.19

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.14	0.15
Earnings/(Loss) Per Share (Diluted)	0.14	0.15

Other Relevant Information
See attached SEC Form 17-Q and unaudited condensed consolidated interim financial statements for the 3rd Quarter ended Sept 30, 2020.