Mr. Grant Kim reports

AXION SHAREHOLDERS VOTE WITH OVERWHELMING MAJORITY TO ELECT MANAGEMENT NOMINEES AS DIRECTORS IN ANNUAL MEETING

Axion Ventures Inc. has released the results of voting at its annual general and special meeting of shareholders, which was held earlier today in Vancouver, B.C.

All matters submitted to the shareholders for approval as set out in the company's notice of meeting and information circular were approved at the meeting. In addition, the management nominees named in the company's information circular received over 129 million votes in their favour out of a total of 163 million shares voted. Accordingly, the directors of the company are Yasuyo Yamazaki, Kunio Hamada, Robert Adams, Mana Prapakamol, Stephen Willey and Grant Kim.

The company wishes to thank its shareholders for their participation and continued support.

We seek Safe Harbor.