AXQ Axe Exploration (delisted)

Axe Exploration Inc. (TSX VENTURE:AXQ) (the "Corporation") announces that on
this January 22,2014, it granted a total of 1,265,000 stock options to its
directors, officers, employees and consultants. Each stock option allows the
holder thereof to acquire one common share of the Corporation for a price of
$0.05, which price is higher than the market price at the close of business of
the TSX Venture Exchange on January 21, 2014. These options are governed by the
stock option plan of the Corporation. Stock options are exercisable for a period
of ten years from the date of grant.


ABOUT AXE EXPLORATION INC.

Axe Exploration conducts its exploration activities over the vast territory of
Quebec in order to create value for its shareholders while protecting the
quality of life for both present and future generation. With diversified mining
claims, Axe Exploration is one of the few mining exploration companies in
excellent financial health.


For more information, visit the company's website at www.axeexploration.com or
SEDAR's website at www.sedar.com.


The common shares of Axe Exploration Inc. are listed on the Venture Stock
Exchange under 

the symbol "AXQ".

Forward-Looking Statements

This news release contains statements that constitute "forward-looking
information" or "forward-looking statements" within the meaning of applicable
securities legislation. This forward-looking information is subject to numerous
risks and uncertainties, certain of which are beyond the control of Axe
Exploration. Actual results or achievements may differ materially from those
expressed in, or implied by, this forward-looking information. No assurance can
be given that any events anticipated by the forward-looking information will
transpire or occur, or if any of them do so, what benefits that Axe Exploration
will derive therefrom. Forward-looking information is based on the estimates and
opinions of Axe Exploration at the time the information is released and Axe
Exploration does not undertake any obligation to update publicly or to revise
any of the forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required by applicable securities
laws. Neither 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
450.622.4337 (FAX)
info@axeexploration.com
www.axeexploration.com

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