News Releases March 25, 2013 AXMIN ENTERS INTO SUBSCRIPTION AGREEMENT WITH DICKSON RESOURCES LIMITED Toronto, Ontario March 25, 2013 AXMIN Inc. (TSX Venture: AXM) (AXMIN or the Company) is pleased to announce that it has entered into a binding subscription agreement (the Agreement) with Dickson Resources Limited (Dickson), whereby AXMIN is proceeding with a private placement to raise aggregate gross proceeds of approximately C$6.75 million by way of a two stage private placement (the Offering). The Company will issue an aggregate of 45,000,000 common shares of the Company (the Offered Shares) at a price of C$0.15 per Offered Share. The first tranche of the Offering will consist of 15,800,000 Offered Shares for gross proceeds of approximately C$2.37 million on terms set out below. This represents a 25% premium on AXMINs current share price. The remaining C$4.38 million (the Escrow Amount) will be placed in escrow by Dickson. If the conditions set out in the Agreement are satisfied on or before June 7, 2013 (the Outside Date) the second tranche of the Offering will close and the Escrow Amount will be unconditionally released to the Company. If the conditions are not satisfied on or before the Outside Date, the Escrow Amount will be returned to Dickson and the Agreement will be terminated. Closing of the initial stage of the Offering is subject to a number of conditions, including the approval of the TSX Venture Exchange. Closing of the second tranche, which includes the issuance of the remaining 29,200,000 Offered Shares, requires the requisite shareholder approval of 50.1% of the votes cast at a Special Meeting of Shareholders (the Meeting) to be held on or before the Outside Date. An information circular regarding the Offering will be filed with securities regulators and mailed to the Companys shareholders prior to the Meeting and in accordance with applicable securities laws. As per terms of the Agreement, AXMIN has agreed to procure lock-up agreements from George Roach, President, CEO and Director, David de Jongh Weill, Chairman and Director and from AOG Holdings BV. Assuming AXMINs shareholders approve the transaction at the Meeting and all regulatory approvals are obtained, the final stage of the transaction is expected to close in the second quarter of 2013. Pursuant to the transaction, AXMIN has agreed to effect a change of board following the Meeting at which Dickson will have nominees on the Board representing a majority of board members. In order for the Companys Board to meet Canadian residency requirements under the Canada Business Corporations Act, Director, Ozge Erdem has agreed to step down as a director effective March 23, 2013. AXMINs Board would like to thank Ms. Erdem for her guidance and contribution during her term and wish Ozge all the best with her future endeavours. President and CEO of AXMIN, Mr. George Roach, comments, We are pleased that following months of rigorous negotiations the Company has successfully brought to the table a major investor who has both the financial resources and extensive international mining expertise to ensure that the Passendro Gold mine is developed. This mutually beneficial transaction offers Dickson exposure to a robust near-production gold project with exceptional exploration upside and gives AXMIN the stability it needs during the debt lenders final due diligence process. As much as I look forward to working with the Dickson team and the new combined board of directors, I further welcome the reassurance from a CAR Government Spokesperson that the Companys tenements, licenses and agreements are valid and will be respected by the new Government, and that the Government remains committed to facilitating a stable environment as quickly as possible to allow AXMIN to proceed to completion of the debt finance arrangements that are on hold during the current Force Majeure. I feel it opportune to remind our Shareholders that in our opinion, Passendro Project in the Central African Republic remains one of the most financially robust ready to build projects available in Africa today. 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 Dicksons 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 is posiioned 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.