LAVAL, CANADA--(Marketwire - March 28, 2013) - Diamond Frank Exploration Inc. (News - Market indicators) announces the results of its Shareholders Annual and Special Meeting, held today March 28^th, 2013, in Montreal, Quebec.

At the meeting, the shareholders of the Company voted more than 93% in favour of all resolutions contained within the Information Circular.

1. Election of the Directors of the Company;

2. Appointment of the Auditors of the Company;

• Election of Raymond Chabot Grant Thornton as auditor of the Company:

3. Resolution;

• Adoption of By-Law 2013-1 "Advance Notice Requirement for the Election of Directors"

4. Resolution;

• Adoption of a Shareholder Rights Plan

5. Resolution;

• Approval of an amendment to the articles to effect a corporate name change. Diamond Frank Exploration Inc. will now be known as "AXE EXPLORATION INC.", its new trading symbol will be AXQ and its CUSIP number 05455P103.

Granting of options

The board of directors approved on March 28th, 2013, the grant of 1,200,000 options to its directors, employees and consultants.

The exercise price has been established at $0.10 per share with an expiry date of March 28^th, 2023.

Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the US. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results may vary materially from those in these "forward-looking statements". The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.