CSE conditional approval and update on the acquisition of Terranueva Pharma

LAVAL – QUÉBEC – AXE EXPLORATION INC (the “Corporation”) In an effort to reposition the mining company in a growing industry such as the medical cannabis industry, the Corporation is pleased to announce that it has obtained conditional approval from the Canadian Securities Exchange ("CSE") for the listing of its common shares on the exchange under the symbol "TEQ" if the transaction involving Terranueva Pharma Corporation ("Terranueva Pharma") and the concurrent private placement, as announced in its press release of July 25, 2018 (the "Transaction"), are completed.