SXG Samex Mining Corp.

SAMEX Mining Corp. (TSX VENTURE:SXG)(OTCQB:SMXMF) held its annual general
meeting in Abbotsford, BC on October 1, 2012. The shareholders passed an
ordinary resolution at the meeting to determine the number of directors of the
Company at six (6) and the following were elected as directors of the Company
for the ensuing year: 




Jeffrey Dahl - President & CEO                                              
Sasan Sadeghpour - Chairman of the Board                                    
Larry McLean - Vice President Operations and CFO                            
Robert Kell - Vice President Exploration                                    
Allen Leschert                                                              
Malcolm Fraser                                                              



"All resolutions and elections at the annual meeting were approved by greater
than 99% of the votes cast," said Jeffrey Dahl, President and CEO. "It's
encouraging to see such unity and focus in moving SAMEX forward in the interests
of all shareholders."


The Company is well-funded and plans to advance exploration on several projects
in Chile including:




--  continued compilation and evaluation of exploration results at the Los
    Zorros Property. 
--  drilling at the Company's Chimberos silver, gold, copper prospect (more
    details will be announced prior to commencement of the drill program). 
--  additional drilling in the Providencia area that comprises part of the
    Company's INCA Property.



At the annual meeting, shareholders passed an ordinary resolution approving the
Company's "rolling" Stock Option Plan. After the meeting, directors Sasan
Sadeghpour, Allen Leschert, Malcolm Fraser and Larry McLean were appointed as
members of the Audit Committee and the Compensation Committee. Brenda L. McLean
was appointed as Corporate Secretary of the Company.


Jeffrey Dahl, President

This News Release includes certain "forward looking statements". Without
limitation, statements regarding potential mineralization and resources,
exploration results, and future plans and objectives of the Company are
forward-looking statements that involve various risks. Actual results could
differ materially from those projected as a result of the following factors,
among others: risks inherent in mineral exploration; risks associated with
development, construction and mining operations; the uncertainty of future
profitability and uncertainty of access to additional capital.

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