Axios Mobile Assets Corporation announced that it has closed a 4 month short-term loan for CAD 2,001,750. Primary Capital Inc. acted as lead agent for the offering. The agent received a cash commission equal to 1% of the gross proceeds of the offering, and the participants in the offering will receive, pro rata, a stock bonus of 2,669,000 common shares valued at CAD 0.075 per share.

The proceeds of the offering will be used for manufacture of composite pallet inventory backlog, logistics costs, working capital and general corporate purposes, offering costs, and compliance.