SAX Icon Exploration, Inc.

Samaranta Mining Corporation (TSX VENTURE:SAX) (the "Company") announces that it
will hold an annual general and special meeting of its shareholders (the "AGM")
on October 15, 2013. 


Amongst other matters to be addressed at the AGM, the Company will be asking its
shareholders to approve a name change to "Icon Exploration Inc." and a
consolidation of the Company's common shares such that one new common share
would be issued for every five common shares outstanding on the effective date
of the consolidation, or such lower number of common shares as may be determined
by the Board of Directors of the Company and as may be required to obtain
approval of the consolidation from the TSX Venture Exchange. The Company
currently has 48,982,147 shares issued and following a 5:1 consolidation there
would be approximately 9,796,429 common shares outstanding, post-consolidation.
The principal reasons for proposing the share consolidation are to improve the
capital structure of the Company and to broaden investor appeal in the Company.
The name change and consolidation are subject to the approval, by special
resolution, of the shareholders of the Company and the approval of the TSX
Venture Exchange.


The Company also announces today the approval by its board of directors of an
Advance Notice Policy (the "Policy"), which Policy, among other things, includes
a provision that requires advance notice to the Company in circumstances where
nominations of persons for election to the board of directors are made by
shareholders of the Company other than pursuant to (i) a "proposal" made in
accordance with Division 7 of the Business Corporations Act (British
Columbia)(the "Act"); or (ii) a requisition of the shareholders made in
accordance with section 167 of the Act.


Among other things, the Policy fixes a deadline by which holders of record of
common shares of the Company must submit director nominations to the Secretary
of the Company prior to any annual or special meeting of shareholders and sets
forth the specific information that a shareholder must include in the written
notice to the Secretary of the Company for an effective nomination to occur. No
person will be eligible for election as a director of the Company unless
nominated in accordance with the provisions of the Policy.


In the case of an annual meeting of shareholders, notice to the Company must be
made not less than 30 nor more than 65 days prior to the date of the annual
meeting; provided, however, that in the event that the annual meeting is to be
held on a date that is less than 50 days after the date on which the first
public announcement of the date of the annual meeting was made by the Company,
notice may be made no later than the close of business on the 10th day following
such public announcement. In the case of a special meeting of shareholders
(which is not also an annual meeting), notice to the Company must be made no
later than the close of business on the 15th day following the day on which the
first public announcement of the date of the special meeting was made.


The Policy is effective and in full force and effect as of the date it was
approved. In accordance with the terms of the Policy, the Policy will be put to
shareholders of the Company for approval at the AGM, and if the Policy is not
confirmed at the meeting by ordinary resolution of shareholders, the Policy will
terminate and be of no further force and effect following the termination of the
AGM. 


The date of the AGM is less than 50 days from the date hereof, therefore, any
director nominations for the AGM must be received by the Company in compliance
with the Policy no later than the close of business on September 21, 2013.


"This added policy will allow the shareholders to be more involved in the
direction and management of the Company moving forward. The restructure and name
change stand to establish a new focus for the Company and we look forward to
continuing with these positive changes," stated Dan Fish, interim CEO.


The full text of the Policy will be available via SEDAR at www.sedar.com or upon
request by contacting the Company at (604) 678-5308 or by email at
info@samarantamining.com. 


About Samaranta Mining Corporation

Samaranta 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 Guadalupe gold property that is
contiguous with the Frontino Gold Mine ("Frontino"). Frontino is currently the
largest gold mine in Colombia and has been in operation for over 150 years with
historic production estimated at 7 million ounces. Samaranta is the first
company to explore the Guadalupe property using modern exploration techniques.


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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