Axe Exploration Inc.: Exploration Program on the Goldpeak Project

LAVAL, CANADA--(Marketwired - Nov. 13, 2013) - Axe Exploration Inc. (TSX VENTURE:AXQ) (the "Corporation") complete a Prospection and Geophysical Surveys on the GoldPeak Project.

A prospection and sampling program will be initiated on the GoldPeak this autumn. Establishing a detail geological map in the favourable corridor in the western part of the property where some favorable geological features were recognized during the reconnaissance mapping in 2012.

A 35 km magnetometer survey using differential GPS and 35 km OreVision-IP survey will complete on three (3) grids of linecutting on the GoldPeak Project in order to characterize the geological unit and their mineralization.

A budget of more than $100,000 will permit to realize the hereabove proposed surface exploration efforts providing critical basic information leading to the future drill targets.

ABOUT AXE EXPLORATION INC.

Axe Exploration's mission is to explore and discover significant mineral resources by using the latest exploration technologies, all while minimizing its impact on the environment.

Axe is in an excellent financial position and carries no debts.

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

QUALIFIED PERSON

Mr. Daniel Gaudreault, Ing., Geo. (OIQ), of Géologica Groupe-Conseil, is the Qualified Person as defined by
National Instrument 43-101, to supervise the preparation of this press release.

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.