Vancouver, British Columbia--(Newsfile Corp. - October 9, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF)
("Jaxon" or the "Company") is pleased to announce that Mr. Alain Voisin, CPA, CGA has been promoted to Chief Financial Officer and
Corporate Secretary of the Company, effective immediately. Mr. Voisin has worked with Jaxon since February 2018 and has served as
Controller and CFO of various private and publicly traded companies, including a number of junior exploration companies over the
past 15 years. Mr. Voisin obtained his Bachelor of Science from Western University.
The Company would like to thank Mr. Oleg Scherbina for his past role as CFO and wishes him the best in his future
endeavours.
Mr. John King Burns, Chairman, commented: "I am glad to welcome Mr. Voisin as our CFO. Alain has both
scientific and business training and will contribute his advanced accounting
skills, his judgment and his business acumen to the Company at a time the Company
needs a focused expert in that position."
About Jaxon Mining Inc.
Jaxon is a precious and base metals exploration company with a regional focus on Western Canada. The Company is currently
focused on advancing its Hazelton Project in north-central British Columbia and the More Creek Project (consolidating the Wishbone
and Foremore properties) in British Columbia's Golden Triangle.
ON BEHALF OF THE BOARD OF DIRECTORS
JAXON MINING INC.
"John King Burns"
John King Burns, Chairman
For Investor Relations enquiries for Jaxon Mining Inc., please call 604-609-6152, and for Corporate enquiries, please call
604-608-0400, or Toll free: 1-877-608-0007.
This news release may contain forward-looking information, which is not comprised of historical facts. Forward-looking
information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and
opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information
in this news release may include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause
actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in
the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the
forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which
only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time
frames, or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether
as a result of new information, future events or otherwise, other than as required by law. Neither TSX Venture exchange nor its
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adequacy or accuracy of this release.