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                                    ALCHEMIST
  MINING
  INCORPORATED
  
                                                 Alchemist
  Mining
  Incorporated
  
                              Announces
  Results
  of
  its
  Special
  Meeting
  of
  Shareholders
  and
  
                                 Receipt
  of
  Final
  Court
  Order
  to
  Approve
  Arrangement
  

May
   25,
   2015
   �
   Vancouver,
   British
   Columbia
   �
   Alchemist
   Mining
   Incorporated
   (the
   "Company"
   or
  
"Alchemist")
  (CSE:
  AMS)
  is
  pleased
  to
  announce
  that
  all
  resolutions
  presented
  at
  the
  Company'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
   (the
   "Arrangement
   Agreement")
   with
   Spinco1,
   Spinco2
   and
   Spinco3,
   each
   a
  
private
   British
   Columbia
   companies
   and
   wholly-owned
   subsidiaries
   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
   2,200,000
   common
   shares
   of
   each
   Spinco1,
   Spinco2
   and
   Spinco3
   (or
   100%)
   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)
   (the
   "Plan
   of
   Arrangement").
   
   A
  
copy
  of
  the
  Arrangement
  Agreement
  is
  publicly
  available
  on
  SEDAR.
  

For
  further
  information,
  please
  contact:
  

Keith
  Anderson
  
Telephone:
  (604)
  786-7774
  
Email:
  Kanderson7774@gmail.com
  

On
  behalf
  of
  the
  board
  of
  directors
  of
  
ALCHEMIST
  MINING
  INCORPORATED
  

"Keith
  Anderson"
           
               
           
        
  
Keith
  Anderson
  
President
  and
  Director
  

  

  
                                                                                                                    12
--->88
  Steeple
  Drive
  
                                                                                              Coquitlam,
  British
  Columbia
  
  V3E
  1K2
  
                                                                                                    Telephone
  No.
  (604)
  786-7774
  
                                                                                                                      
--->                      
  





  
CW8251794.1
  
                                                                        -
  2
  -
  


Cautionary
  Note
  Regarding
  Forward
  Looking
  Information
  

This
   press
   release
   contains
   projections
   and
   forward-looking
   information
   that
   involve
   various
   risks
   and
  
uncertainties
  regarding
  future
  events.
  Such
  forward-looking
  information
  can
  include
  without
  limitation
  
statements
   based
   on
   current
   expectations
   involving
   a
   number
   of
   risks
   and
   uncertainties
   and
   are
   not
  
guarantees
  of
  future
  performance
  of
  Alchemist
  such
  as
  the
  statement
  that:
  (i)
  the
  Plan
  of
  Arrangement
  
may
   be
   effected;
   and
   (ii)
   shareholders
   may
   receive
   100%
   of
   the
   shares
   of
   each
   Spinco1,
   Spinco2
   and
  
Spinco3.
   There
   are
   numerous
   risks
   and
   uncertainties
   that
   could
   cause
   actual
   results
   and
   Alchemist's
  
plans
   and
   objectives
   to
   differ
   materially
   from
   those
   expressed
   in
   the
   forward-looking
   information.
  
  
Actual
   results
   and
   future
   events
   could
   differ
   materially
   from
   those
   anticipated
   in
   such
   information.
  
These
   and
   all
   subsequent
   written
   and
   oral
   forward-looking
   information
   are
   based
   on
   estimates
   and
  
opinions
  of
  management
  on
  the
  dates
  they
  are
  made
  and
  are
  expressly
  qualified
  in
  their
  entirety
  by
  this
  
notice.
   Except
   as
   required
   by
   law,
   Alchemist
   assumes
   no
   obligation
   to
   update
   forward-looking
  
information
  should
  circumstances
  or
  management's
  estimates
  or
  opinions
  change.
  

Neither
  the
  Canadian
  Securities
  Exchange
  nor
  its
  Regulation
  Services
  Provider
  accepts
  responsibility
  for
  
the
  adequacy
  of
  this
  release
  




CW8251794.1