CR05928-2021

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
Jun 30, 2021
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 3,872,204,500
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 Jun 30, 2021
Currency (indicate units, if applicable) PHP in thousands
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2021 Dec 31, 2020
Current Assets 4,929,664 4,814,671
Total Assets 10,426,918 10,226,040
Current Liabilities 1,410,019 1,412,824
Total Liabilities 1,489,262 1,492,862
Retained
Earnings/(Deficit)
2,353,940 2,035,522
Stockholders' Equity 8,937,656 8,733,178
Stockholders' Equity - Parent 8,665,172 8,509,792
Book Value per Share 2.3 2.23
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 1,633,466 1,183,963 3,103,733 2,387,092
Gross Expense 1,416,301 1,100,119 2,716,353 2,198,444
Non-Operating Income 17,342 42,511 40,624 87,998
Non-Operating Expense 6,088 38,026 15,092 61,864
Income/(Loss) Before Tax 228,419 88,329 412,912 214,782
Income Tax Expense 55,605 6,334 94,494 11,847
Net Income/(Loss) After Tax 172,814 81,995 318,418 202,935
Net Income Attributable to
Parent Equity Holder
172,814 81,995 318,418 202,935
Earnings/(Loss) Per Share
(Basic)
0.04 0.02 0.08 0.05
Earnings/(Loss) Per Share
(Diluted)
0.04 0.02 0.08 0.05
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.14 0.17
Earnings/(Loss) Per Share (Diluted) 0.14 0.17
Other Relevant Information

See attached SEC Form 17-Q and unaudited condensed consolidated interim financial statements for the Second Quarter ended June 30, 2021.

Amended only the period stated in the above paragraph.

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