AXI

Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)
(FRANKFURT:AE6) is pleased to announce the voting results from the Company's
Annual General and Special meeting of shareholders held on July 10, 2014 (the
"Meeting"). 


The six nominees as proposed by the Company were elected to the board. The
directors are Mr. John Gingerich, Mr. James Excell, Mr. Lei (Eric) Guo, Mr.
Robert Collette, Mr. Raziel Zisman, Mr. Zeng Yaogan, and Mr. Robert Telewiak.


The shareholders approved a resolution appointing Ernst & Young LLP as auditors
for the Company for the ensuing year, and re-approved the 10% rolling stock
option plan of the Company in accordance with the policies of the TSX Venture
Exchange.


Additionally, the shareholders approved, with approximately a 99.97% majority of
votes cast at the meeting, a resolution approving the proposed joint venture
transaction (the "Proposed Transaction") as more particularly described in the
management information circular dated May 15, 2014. 


Mr. Guo, Chief Executive Officer stated;

"The Company is very pleased to have received such a strong endorsement of our
proposed Joint Venture with Parkson Star Ltd (HK). The proposed transaction not
only provides a path for the development of the Roche Bay iron ore project, but
includes a process by which AEI can retire its debts as part of the Parkson
obligations to earn its interest. The Company can now focus on working with
Parkson to implement a formal agreement and resolving any outstanding issues in
a timely manner."


ON BEHALF OF THE BOARD

Eric Guo, MBA, CFA, Chief Executive Officer 

All those seeking additional information are directed to contact Brendan Purdy;
416-203-0057 (ext 320).


ABOUT Parkson Star Ltd. (HK)

Parkson is a Chinese private wealth fund that has strong business relationships
with Chinese banks as well as expertise in securing project financing for mining
projects.


ABOUT Advanced Explorations Inc.

Advanced Explorations Inc., based in Toronto, Ontario, is a resource development
company focused on developing its Roche Bay and Tuktu Iron Ore Projects in one
of the world's largest developing iron ore districts, the Melville Peninsula in
Nunavut. The Ocean-based Roche Bay Project boasts an NI 43-101 compliant
resource estimate of over 500 million tonnes outlined within a small portion of
the potential 140 km of banded iron formation. A positive feasibility study for
the project's C Zone revealed a net present value of $642M on a base case 5.5
Mtpa start-up concentrate operation and substantial upside potential including
becoming a low quartile cost producer. To date, the Company has delineated over
1 billion tonnes of iron under NI 43-101 among its Roche Bay and Tuktu deposits
and continues to explore other targeted deposits in areas to the north, south
and west of Roche Bay. The management team has extensive technical, exploration
and Canadian Arctic mining expertise to effectively develop the high quality
iron ore opportunities on the Melville Peninsula.


This news release also includes forward-looking statements that involve a number
of risks and uncertainties. The information reflects numerous assumptions as to
industry performance, general business and economic conditions, regulatory and
legal requirements, taxes and other matters, many of which are beyond the
control of the company. Similarly, this information assumes certain future
business decisions that are subject to change. There can be no assurance that
the results predicted here will be realized. Actual results may vary from those
represented, and those variations may be material.


This news release does not constitute an offer to sell or a solicitation of an
offer to sell any securities in the United States. The securities have not been
and will not be registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED WITHIN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Advanced Explorations Inc.
Brendan Purdy
(416) 203-0057 x320

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