ACA:CC - AXIOM CAPITAL ADVISORS COMPLETES PRIVATE SALES OF SHARES

Canada NewsWire

CALGARY, AB , Aug. 25, 2023 /CNW/ - Axiom Capital Advisors Inc. ("ACA" or the "Corporation") (CSE: ACA) is pleased to announce that further to its press release dated August 18, 2023 , Axiom Advisors Inc. (" AAI "), the majority shareholder of ACA, has completed the private sale 5,000,000 Class A common shares (each, a " Common Share ") of the Corporation (representing approximately 77.26% of the issued and outstanding Common Shares). In addition, four other shareholders of the Corporation, holding a total of 800,000 Common Shares (12.36% of the issued and outstanding Common Shares) have also completed the private sale of said Common Shares. The Company has 6,472,100 issued and outstanding Common Shares and the Common Shares are listed for trading on the Canadian Securities Exchange (the " CSE ").

The Corporation does not expect that the Transactions constitute a "change of business" or "fundamental change", as such terms are defined in the CSE policies.

ON BEHALF OF THE BOARD OF DIRECTORS

Chief Executive Officer Eric Entz
Head Office                           1626 Westmount Road NW, Calgary, Alberta T2N 3M1
Telephone                              +1 (604) 851 2662
Website www.axiomadvisors.ca
Email eentz@axiomadvisors.ca

Certain information in this news release may constitute "forward-looking" information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forwardlooking information. When used in this news release, this information may include words such as "anticipate", "estimate", "may", "will", "expect", "believe", "plan" and other terminology. This information reflects current expectations regarding future events and operating performance and speaks only as of the date of this news release.

Forward-looking statements in this news release may include, but are not limited to, the future plans of the Company and business plans, objectives and strategy.

Except as required by law, we assume no obligation to update or revise forwardlooking information to reflect new events or circumstances. Additional information is available in the Company's Management Discussion and Analysis, which can be found on SEDAR+ at www.sedarplus.ca .

The CSE has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

SOURCE Axiom Capital Advisors Inc.

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