AXMIN Inc.
TSX VENTURE : AXM

AXMIN Inc.

April 19, 2013 12:30 ET

AXMIN Announces Board Appointments

TORONTO, ONTARIO--(Marketwired - April 19, 2013) - AXMIN Inc. (TSX VENTURE:AXM) ("AXMIN" or the "Company") is pleased to announce the appointment of Joe Tai and Lucy Yan, both nominees of Dickson Resources Limited ("Dickson"), to the Board of Directors, effective April 15, 2013. In addition, Mr. Tai has also been appointed a member the Company's Audit Committee, replacing Ozge Erdem who resigned on March 27, 2013.

Ms. Yan has over 20 years of experience in the finance, investment, construction and mining fields. She was an accountant for a large Chinese corporation that was involved in numerous national scale projects within China where she was directly responsible for the corporation's financial affairs, human resources and administrative work, as well as coordination of internal and external resources to facilitate the company's operations. Ms. Yan has extensive expertise in the fields of corporate finance, mergers and acquisitions, building of management teams and corporate governance.

Mr. Tai has over 18 years of experience in investment, finance, and the capital markets of Canada, the US, and Greater China. He is the Managing Director of CWN Capital Inc., a Hong Kong based capital market consultation firm focused on Asia-Canada cross-border transactions, and is the President, CEO and Co-Founder of ChineseWorldNet.com Inc., a Chinese-language financial online information platform and one of the largest Chinese focused investor relations providers in North America. He has extensive expertise in facilitating cross-border transactions and strategic partnerships, building cross-cultural business relationships with Asian industrial groups and financial institutions. Joe serves as director for numerous North American publicly listed companies including several listed on the Toronto Stock Exchange and TSX Venture Exchange.

President and CEO of AXMIN, Mr. George Roach, comments, "We are delighted to welcome both Lucy and Joe to the AXMIN Board. Their depth of experience in emerging markets both in the corporate finance and mining sectors, combined with their knowledge of North American publicly listed companies, will be a tremendous asset to the Company as we advance Passendro towards development."

About Dickson:

Dickson Resources Limited is an international private resources firm backed by the private capital of its founders. The company is a BVI registered company headquartered in Hong Kong. Having a team of geological and financial experts, Dickson is committed to investing internationally in the exploration and mining of natural resources. Meanwhile Dickson's scope of business reaches beyond the mining sector to international trade, marketing and advisory services which are all part of its business expertise.

About AXMIN:

AXMIN is a Canadian exploration and development company with a strong focus on central and West Africa. AXMIN has projects in Central African Republic, Mozambique and Senegal. AXMIN is positioned to grow in value as it progresses its Passendro Gold Project towards development and builds on its project pipeline focusing on transitioning from an explorer to producer. For more information regarding AXMIN visit our website at www.axmininc.com.

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact included herein, including without limitation, statements regarding future plans and objectives of AXMIN; and statements regarding the ability to develop and achieve production at Passendro are forward-looking statements that involve various risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from AXMIN's expectations have been disclosed under the heading "Risk Factors" and elsewhere in AXMIN's documents filed from time-to-time with the TSX Venture Exchange and other regulatory authorities. AXMIN disclaims any intention or obligation to update or revise any forward-looking statements whether resulting from new information, future events or otherwise, except as required by applicable law.

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.

Contact Information

  • AXMIN Inc.
    George Roach
    President & CEO
    +44 779 626 3999

    AXMIN Inc.
    Judy Webster
    Vice President Investor Relations
    416 368 0993 ext 221
    ir@axmininc.com
    www.axmininc.com