The Mining Stock Report

Jaxon Minerals Inc. has engaged Gale Capital Corp. to assist with the company's investor relations efforts. Gale Capital is a Vancouver-based, comprehensive provider of corporate finance and investor relations services, and will assist the company in fostering productive, continuing dialogues with analysts, brokers, investors and other financial professionals.

The agreement is for an initial term of three months and thereafter on a month-to-month basis, with a 30-day termination provision. Gale Capital will be compensated $10,000 per month and will be granted 600,000 stock options of the company, exercisable at 15 cents per share for 12 months from date of issue. One-fourth of the options (150,000) will vest upon TSX Venture Exchange approval of the agreement and the balance of the options will vest at the rate of one-fourth (150,000) every three months thereafter while the agreement remains in effect. In the event of termination of the agreement, any unvested options will be cancelled. The agreement is subject to the approval of the TSX Venture Exchange.

Other than the 600,000 stock options granted under the terms of the agreement, Gale Capital does not beneficially own or control any securities of Jaxon Minerals.

We seek Safe Harbor.