Axion Ventures Inc.: Axion Granted Partial Revocation Orders and Secures $20 Million Investment Agreement Axion" or the " CTO Partial Revocation Order") by the British Columbia Securities Commission (the " BCSC") on March 30, 2021 to allow Axion to enter into a convertible debenture investment agreement (the " Investment Agreement") with KUAM (Hong Kong) Investment 01 Ltd. (" KUAM") for up to C$20 million by way of unsecured convertible debentures (the " Debentures") and to complete an initial tranche of C$8,000,000 (the " Initial Tranche") thereunder. This Investment Agreement will replace the non-brokered private placement of C$7 million financing that the Company arranged and announced on July 30, 2020. The Investment Agreement provides that principal amount of the Debenture will accrue interest at the rate of 4% per annum and the Debenture will be convertible to common shares in Axion at KUAM's discretion until maturity at the conversion price that is equal to the higher of $0.20 per share and the Discounted Market Price (as such term is defined in the policies of the TSX Venture Exchange (the "