AXMIN Inc.
TSX VENTURE : AXM

AXMIN Inc.

June 07, 2013 15:57 ET

AXMIN Announces Results of Annual and Special Meeting of Shareholders

TORONTO, ONTARIO--(Marketwired - June 7, 2013) - AXMIN Inc. (TSX VENTURE:AXM) ("AXMIN" or the "Company") is pleased to announce that at the Company's Annual and Special Meeting of Shareholders Bright Chiu, George Roach, Joe Tai, Lucy Yan and David de Jongh Weill were elected as Directors of the Company. Also at the meeting, the shareholders approved the continuation of the Company's Stock Option Plan. The Company has issued and outstanding 3,393,750 stock options for common shares of the Company and there are 7,500,338 common shares of the Company available for future grant under the stock option plan.

President and CEO of AXMIN, Mr. George Roach, comments, "It was a pleasure to introduce two of the three new directors, both nominees of our new major shareholder Dickson Resources Limited ("Dickson") to our shareholders today. The meeting also gave me an opportunity to update our stakeholders on the status of the political situation in Central African Republic and provided an excellent venue to respond to our shareholders questions and concerns. I invite and urge our shareholders to listen to the webcast of the event which is located on our website homepage at www.axmininc.com."

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, east 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 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