AXQ Axe Exploration (delisted)

Axe Exploration Inc. (TSX VENTURE:AXQ) (the "Corporation") announces the results
of its Shareholders Annual Meeting, held today March 20th, 2014, in Laval,
Quebec. 


At the meeting, the shareholders of the Company voted more than 94% in favour of
all resolutions contained within the Information Circular.




1.  Election of the Directors of the Company; 

- Mr. David Mc Donald                  President, CEO and Director          
- Ms. Johanne Moreau                   CFO, Director                        
- Mr. Pascal Ducharme                  Independent Director                 
- Mr. Claude Lavoie                    Independent Director                 

2.  Appointment of the Auditors of the Company; 

--  Election of Raymond Chabot Grant Thornton as auditor of the Company 



Axe Exploration Inc. filed an application with the TSX Venture Exchange (the
"Exchange") to amend the exercise price of warrants issued in the private
placement ended December 28, 2012.


A total of 2,320,000 warrants (the "Warrants") were issued in the private
placement. Each of these initially allowed the Warrants bearer to acquire one
common share in the share capital of the Company at a price of $0.10 until
December 28, 2015.


Axe's Board of Directors approved an amendment to Warrants so that the exercise
price is changed to $0.05. The amendment to Warrants enable investors of the
Company to exercise the Warrants and thus provide additional funds to the
Company since, during the initial period, market conditions did not allow such
opportunities. All holders of warrants have consented at to the modification.
The amendment of the exercise price of Warrants is conditional upon the approval
of the Exchange. None of the Warrants have been exercised on the date hereof.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
David Mc Donald
President and CEO
450.622.5785
info@axeexploration.com
www.axeexploration.com


Investor Relations
Patrick Wood
(416) 473-9133
pat.wood@tormontgroup.com
www.tormontgroup.com

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