SAX Icon Exploration, Inc.

Samaranta Mining Corporation (TSX VENTURE:SAX)(the "Company") announces that
effective as of the opening of trading of the TSX Venture Exchange (the
"Exchange") on Monday, October 28, 2013, the Company will trade under the new
name of Icon Exploration Inc. (the "Name Change"). The Exchange has also
approved the consolidation of the Company's common share capital (the
"Consolidation") on the basis of one (1) post-consolidated common share for
every five (5) pre-consolidated common shares held (the "Consolidation Ratio").
The Company's new trading symbol will be "IEX". The Company's new CUSIP number
will be 45112R100 and ISIN number will be CA45112R1001.


Any fractional shares resulting from the Consolidation will be converted to
whole shares pursuant to the provisions of Section 83 of the British Columbia
Business Corporations Act. Outstanding stock options and warrants will similarly
be adjusted by the Consolidation Ratio. The Company currently has 48,982,147
common shares issued and outstanding and after the Consolidation, the Company
will have approximately 9,796,429 common shares issued and outstanding.


The Name Change and Consolidation were approved by the directors of the Company
and by the shareholders of the Company at the annual general and special meeting
held on October 15, 2013. 


Letters of transmittal with respect to the Consolidation and Name Change will be
mailed to all registered shareholders of the Company. All registered
shareholders will be required to send their respective certificates representing
the pre-consolidated common shares along with a properly executed letter of
transmittal to the Company's transfer agent, Computershare Trust Company of
Canada ("Computershare"), in accordance with the instructions provided in the
letter of transmittal. Additional copies of the letter of transmittal can be
obtained through Computershare (Corporate Actions 1-800-564-6253). All
shareholders who submit a duly completed letter of transmittal along with their
respective pre-consolidated share certificate(s) to Computershare will receive a
post-consolidated common share certificate.


About Samaranta Mining Corporation

Samaranta Mining Corporation (to become Icon Exploration Inc.) is a mineral
exploration and development company actively exploring for gold and precious
metals in the Americas, with projects in both Nevada and Colombia. The Company's
primary focus is the newly-acquired Spanish Canyon Project, Nevada where it has
the right to own 100% of mineral title. The Project consists of 94 unpatented
lode-mining claims covering 1,900 acres and located on BLM and Forest Service
lands in the Grantsville Mining District, Nye County, Nevada. The project is
drill ready. Mountain Gold, LLC., the title holder, has identified areas with
encouraging sampling results and abundant jasperoid-type alteration of limestone
host rocks. 


As the Company moves forward, management will lever its experience in North and
South America and add value by adding projects that bring near-term value to its
shareholders. 


SAMARANTA MINING CORPORATION

Dan Fish, Interim CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


Forward-looking information

All statements included in this press release that address activities, events or
developments that the Company expects, believes or anticipates will or may occur
in the future are forward-looking statements. These forward-looking statements
involve numerous assumptions made by the Company based on its experience,
perception of historical trends, current conditions, expected future
developments and other factors it believes are appropriate in the circumstances.
In addition, these statements involve substantial known and unknown risks and
uncertainties that contribute to the possibility that the predictions,
forecasts, projections and other forward-looking statements will prove
inaccurate, certain of which are beyond the Company's control. Readers should
not place undue reliance on forward-looking statements. Except as required by
law, the Company does not intend to revise or update these forward-looking
statements after the date hereof or to revise them to reflect the occurrence of
future unanticipated events.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Samaranta Mining Corporation
604-678-5308
604-678-5309 (FAX)
info@samarantamining.com
www.samarantamining.com

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