Mr. Keith Anderson reports

ALCHEMIST MINING INCORPORATED ANNOUNCES RESULTS OF ITS SPECIAL MEETING OF SHAREHOLDERS AND RECEIPT OF FINAL COURT ORDER TO APPROVE ARRANGEMENT

All resolutions presented at Alchemist Mining Inc.'s special meeting held on May 13, 2015, including the approval to abrogate and delete all existing special rights and restrictions attached to the shares of the company, and the approval of the proposed plan of arrangement with Alexis Financial Inc. (Spinco1), Chichi Financial Inc. (Spinco2) and SYD Financial Inc. (Spinco3), were approved by the shareholders of the company.

The company is also pleased to announce that it received final court approval for the plan of arrangement on May 19, 2015. As announced in the company's news release on April 7, 2015, the company entered into an arrangement agreement with Spinco1, Spinco2 and Spinco3, each a private British Columbia company and wholly owned subsidiary of the company. Pursuant to the arrangement agreement, the company has agreed to transfer $15,000 cash and a promissory note in the principal amount of $29,000 to each of Spinco1, Spinco2 and Spinco3 in consideration for the issuance of 2.2 million common shares of each Spinco1, Spinco2 and Spinco3 (or 100 per cent), and to distribute these common shares to the company's shareholders on a pro rata basis pursuant to a plan of arrangement under the Business Corporations Act (British Columbia). A copy of the arrangement agreement is publicly available on SEDAR.

We seek Safe Harbor.