BC FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1: Name and Address of Company
SAMEX Mining Corp.
#301 32920 Ventura Avenue
Abbotsford, BC V2S 6J3
Telephone: (604) 870-9920 Toll Free: 800 828-1488 Fax: (604) 870-9930
Item 2: Date of Material Change
March 1, 2013
Item 3: News Release
A news release regarding the material change was issued by SAMEX Mining Corp., in Abbotsford, BC on March 1, 2013 and was disseminated through the wire services of Marketwire.
Item 4: Summary of Material Change
Pursuant to the Company’s Stock Option Plan, SAMEX has granted optionsto three new directors of the Companyon an aggregate of 750,000 shares at a price of $0.14 per share.The options have a five-year term that will expire March 1, 2018.
Item 5: Full Description of Material Change
Pursuant to the Company’s Stock Option Plan, SAMEX has granted optionsto three new directors of the Companyon an aggregate of 750,000 shares at a price of $0.14 per share.The options have a five-year term that will expire March 1, 2018.
Item 6: Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102
This report is not being made on a confidential basis.
Item 7: Omitted Information
There is no omitted information.
Item 8: Executive Officer
To facilitate any necessary follow-up by the Commission, please contact Sasan Sadeghpour, Director, Chairman and Interim CEO of the Issuer at (713) 956-5200, extension 102, who is knowledgeable about the material change.
Item 9: Date of Report
Dated at Houston, Texas, the 1st day of March, 2013.
| “Sasan Sadeghpour” |
| Director, Chairman |
| and Interim CEO |
