Mr. Scott Emerson reports

TUMI DROPS AJAX OPTION

On May 7, 2014, Tumi Resources Ltd. had announced that an agreement had been concluded to acquire a 100-per-cent interest in 11 unpatented claims covering the Ajax gold mine and the West Ajax gold prospect from two private arm's-length corporations, Dragon Resources LLC (15 per cent) and GoldTech Inc. (85 per cent) as to the Ajax property, which is located on the Continental Divide between Idaho and Montana.

The company has conducted substantial desktop analysis reviewing a number of historical reports on the property, and three site visits were conducted. The company has recently concluded its initial work program and, based on the work conducted, has determined to terminate the agreement. The company has identified certain issues in regard to tenure, but more importantly the company was unable to repeat the historical sampling programs, which the vendors had presented to the company, and has identified other geological deficiencies during the initial work program.

In light of these circumstances, the Ajax property does not merit the acquisition terms negotiated, and, accordingly, the company has terminated the agreement.

The company continues to seek out other opportunities with a focus in the Americas.

The qualified person for Tumi's projects, David Henstridge, a member of the Australian Institute of Geoscientists, has verified the contents of this news release.

We seek Safe Harbor.