Axe Exploration Acquires a New Property Adjacent to the Fayolle Project

LAVAL, CANADA--(Marketwired - Dec 23, 2014) - Axe Exploration Inc. (TSX VENTURE:AXQ) (the "Corporation") is pleased to announce that it has acquired, by map designation, a new gold property. This new property 100%-owned by Axe Exploration is called Trésor and comprises 20 mining claims covering a surface of approximately 851.58 hectares (8.5 km²). It is located within the Abitibi region, in Quebec and it's adjacent to the Fayolle Property, which contains more than 188,000 ounces of gold in the indicated category.

ABOUT AXE EXPLORATION INC.

Axe is a mining exploration company listed on the TSX Venture Exchange under the symbol AXQ.

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

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.