Axelum Resources Corp. held its special meeting of stockholders on February 21, 2024, the stockholders elected Mr. Ricardo C. Lopa, Jr. and Mr. Juan Victor I. Hernandez as additional two regular member of the Board of Directors for the current year. Mr. Ricardo C. Lopa, Jr. was a regular director of AXLM until he resigned on December 19, 2023.

He holds the positions of President of Monkey Eagle Brewery and a Director of Primegates Property Inc. Previously, he was the General Manager of Asya Resorts and Farm Manager of Hacienda Luisita Incorporated. Mr. Lopa earned his Bachelor of Arts Degree in Interdisciplinary Studies from the Ateneo de Manila University. Mr. Juan Victor I. Hernandez joined Metro Pacific Investments Corporation (MPIC) in November 2021 to serve as the President & CEO of Metro Pacific Logistics Co.

Inc. In 2022, Metro Pacific Agro Ventures Inc. (MPAV) was incorporated as a holding company responsible for the agricultural portfolio of MPIC. Jovy is currently MPAV's President & CEO and is concurrently President & CEO of The Laguna Creamery Inc. (TLCI) and Carmen's Best. Prior to joining MPIC, Jovy was previously the SVP & Head of the Enterprise Business Groups of PLDT and Smart.

He likewise served as the President & CEO of ePLDT (the data center business of the PLDT group) as well as its subsidiaries namely, ABM Global Solutions Inc., IP Converge Data Services Inc. ePDS Inc. and Curoteknika Inc. He also served as the President of Bonifacio Cable Corporation, Director of PLDT Global Corporation and headed its Enterprise businesses present in the United States, United Kingdom, Hongkong, Singapore and Australia. Jovy was also the Chairman of the Board of Asian Carriers Conference Inc., a Director of ACASIA Communications Sdn Bhd and Board Adviser of the Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI). He also served as Board of Trustee in the IT & Business Process Association of the Philippines or IBPAP.

Jovy obtained his Bachelor's Degree in Agricultural Economics from the University of the Philippines in Los Banos, his Master's degree in Business Management from the Asian Institute of Management and graduated from the Advanced Management Program at the Wharton Business School - University of Pennsylvania.