AXMIN Notifies the CAR Government of a Force Majeure Due to Ongoing Rebel Activities in Country

AXMIN Inc. (TSX VENTURE:AXM) ("AXMIN" or the "Company") announced today that it
has officially notified the Minister of Mines and Minister of Defence of the
Central African Republic ("CAR"), as per its 2006 Mining Convention, of the
existence of Force Majeure factors arising from the widely reported rebel
activity in the Country at this time. 


AXMIN's operating camp based in close proximity to Ndassima Village was
temporarily occupied on Friday, December 21, 2012 by rebels apparently on route
to the major town of Bambari. Food, medical supplies and Vehicles were taken.
The Ndassima camp was effectively shut down for the Christmas break and only
minimal staff and security were on duty. The occupation occurred without
violence and the AXMIN staff are all accounted for and are in good health.


President and CEO of AXMIN, Mr. George Roach, comments, "Whilst I deeply regret
this event, I am relieved that all personnel are safe and that there were no
injuries during this temporary occupation. We remain in close contact in the CAR
and will report any significant developments. I would like to stress that the
Company's 2006 Mining Convention and 2010 Addendum thereto provide full
protection both under circumstances such as this and more particularly in the
event there is any change in overall Administration in the CAR."


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
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

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