For now, try unzipping the following axe.mod folder and moving it into $blitzmax/mod/ (move the old one out of there if it exists).
http://www.gamecodenow.com/nitrologic/axemods.zip
you will then need to buildmodules followed by document modules.
http://www.gamecodenow.com/nitrologic/axemods.zip
you will then need to buildmodules followed by document modules.