AEX Nets Aex Index Fund

ALPHA EXPLORATION INC. ("AEX" or the "Company") (TSX-V:AEX) announced today that, following a thorough review of all relevant information concerning the matters described in its news release dated June 2, 2014, as well as attempts to settle this dispute, the Company has commenced legal proceedings against NexGen Energy Ltd. and the Company's former Vice-President, Exploration, Garrett Ainsworth. Information concerning the progress of these proceedings will be disclosed in due course.

About Alpha Exploration Inc.

Alpha Exploration Inc. is a mineral exploration company whose principal focus is the exploration and development of mineral properties in Ontario, British Columbia, and the Athabasca Basin in northern Saskatchewan, Canada. The common shares of the Company are listed on the TSX-V under the symbol "AEX".

On behalf of the Board of Directors of Alpha Exploration Inc.

"Warren Stanyer"                   

Director

For corporate communications please contact:

Robert (Bob) Meister

Alpha Exploration Inc.

Suite 408 – 1199 West Pender St.

Vancouver, B.C., V6E 2R1

Phone: (604) 629-0293

Fax: (604) 684-9365

Toll Free: 1-866-629-0293

Trading Symbol: TSX-V – AEX

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements: Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward looking statements. Although we believe that the expectations in our forward looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.