AXMIN Announces Board Appointments
TORONTO, ONTARIO -- (Marketwired) -- 04/19/13 -- 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."
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.
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.
President & CEO
+44 779 626 3999
Vice President Investor Relations
416 368 0993 ext 221
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