Axion Ventures Launches 'fighter Royale: Last Ace Flying' On Steam

VANCOUVER, May 15, 2019 Axion Ventures Inc. ("Axion" or the "Company") (TSX VENTURE: AXV; OTCQX: AXNVF) is pleased to announce the official launch of its flight combat battle royale style video game, "Fighter Royale: Last Ace Flying," ("Fighter Royale") on Steam. This marks the Company's first launch on Steam and second video game launch within the last 14 days (see press release dated April 29, 2019 for information on the launch of Invictus: Lost Soul).

Fighter Royale may be found by visiting the following link: https://store.steampowered.com/app/803350/Fighter_Royale__Last_Ace_Flying/

Todd Bonner, CEO of Axion, stated, "Fighter Royale represents the depth of Axion's video game portfolio as it allows us to capture revenue from a range of titles across many genres. As a trained pilot, I have played many flight simulator games and Fighter Royale does a great job at combining an intuitive flight experience without the need for an in-depth understanding of flight mechanics, with a fast-paced aerial combat experience in a theatre filled with other pilots. With our flagship game, Rising Fire, progressing successfully through open beta on WeGame with Tencent, it is a benefit  for our Company to capitalise on broader growth through our entire portfolio."

Key Features

Flight Simulator Combat + Battle Royale Genre

Fighter Royale is unique in that it couples a flight simulator game with the popular battle royale genre set within a WWII timeframe. The game pits you against 99 other players in aerial battles to compete for supremacy in an expansive 50km world filled with opportunities to upgrade your plane and weapons. As the game progresses, the air combat space steadily shrinks, forcing players into closer proximity and resulting in unpredictable and acrobatic 1 on 1 dog fights, with one final pilot emerging as the champion.

WWII Fighter Planes Battle Over South Pacific Island Chain

The setting is a South-Pacific themed chain of islands, filled with volcanoes, narrow canyons, steep cliffs, military installations, and an armada at sea gunning for you if you decide to fly too far away from combat. The shrinking combat area also ensures that players cannot simply avoid conflict, so that the final victor is rewarded for skills in action engagement.

Advanced Artificial Intelligence

Fighter Royale uses artificial intelligence ("AI") technology to create non-player characters which intelligently mimic the playing behavior of human players. The AI-controlled non-player characters also vary in their behavior to create a balanced play-space.

About Axion

Axion is a video game company with majority ownership in Axion Games, an online video game development and publishing company headquartered in Shanghai, China as well as in True Axion Interactive Ltd., its video game development company headquartered in Bangkok, Thailand cofounded with True Corporation.

www.axionventures.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release is not a joint release with Tencent and Tencent has not reviewed or provided any content contained herein and therefore has not commented on the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

Certain statements contained in this press release may constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated", "proposed" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Axion Venture's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to game releases and related revenue. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Axion Ventures. Risk factors that could cause actual results or outcomes to differ materially from the results expressed or implied by forward-looking information include, among other things: general economic and business conditions; and changes in international regulatory regimes. Axion Ventures cautions the reader that the above list of risk factors is not exhaustive. The forward-looking information contained in this release is made as of the date hereof and Axion Ventures is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

SOURCE Axion Ventures Inc.

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