AXMIN Inc.
TSX VENTURE : AXM

AXMIN Inc.

April 17, 2009 10:14 ET

AXMIN Appoints Vice President of Exploration

TORONTO, ONTARIO--(Marketwire - April 17, 2009) - AXMIN Inc. (TSX VENTURE:AXM) announces the appointment of Francois Auclair effective May 19, 2009 as the new Vice President of Exploration for the Company, further to the resignation of Dr Jonathan Forster.

Mr. Auclair is a Geologist with over 20 years of experience in mining exploration and project development for multinational mining companies. Francois has held senior roles with Dia Bras Exploration, Rio Narcea Gold Mine and Nevsun Resources. Of note Mr Auclair has worked in the African continent for many of his 20 years experience, and has been important in the development of several large projects and mining operations such as the Bisha Project in Eritrea, the Bolivar Mine in Mexico and the Tasiast Mine in Mauritania. He holds a M.Sc. in Geology and Geochemistry from Universite de Montreal and is fluent in English and French. Mr Auclair will replace Dr Forster as AXMIN's in house Qualified Person, being a member in good standing of l'Ordre des Geologues du Quebec and a Fellow of the Geological Association of Canada.

Mr Auclair succeeds Dr Jonathan Forster who leaves to pursue other opportunities. Dr Forster will remain with AXMIN for a period to ensure a smooth transition.

Mr. Mario Caron AXMIN's President and CEO comments "We are very pleased to welcome Francois to the AXMIN team and his depth of mining exploration experience will be invaluable in developing the Company's assets. Since AXMIN's foundation Dr. Forster has been a key executive in the building of the Company and its current mineral portfolio, and we thank him for his contributions and wish him all the best."

About AXMIN

AXMIN is a Canadian exploration and development company with a strong focus on central and west Africa. AXMIN's goal is to rapidly move its Passendro Gold Project, Central African Republic towards production. AXMIN is positioned to grow in value as it develops its project pipeline in parallel pursuing new opportunities to increase its asset base. 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 potential mineralization and reserves, exploration results and future plans and objectives of AXMIN, 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 are disclosed under the heading "Risk Factors" and elsewhere in AXMIN documents filed from time-to-time with the TSX Venture and other regulatory authorities. AXMIN disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • AXMIN Inc.
    Mario Caron
    President & CEO
    416 368 0993 ext 223
    or
    AXMIN Inc.
    Judy Webster
    Manager Investor Relations
    416 368 0993 ext 221
    ir@axmininc.com