AXMIN's Notice of Annual and Special Meeting of Shareholders on Tuesday, June 26, 2012

TORONTO, ONTARIO -- (Marketwire) -- 06/19/12 -- AXMIN Inc. (TSX VENTURE: AXM) ("AXMIN" or the "Company") is pleased to announce that its Annual and Special Meeting of Shareholders (the "Meeting") will be held in the Rideau/St Lawrence Rooms at the offices of the Company's counsel, Fasken Martineau DuMoulin LLP, 24th Floor, Bay Adelaide Centre, 333 Bay Street, Toronto, Ontario, M5H 2T6, Canada on Tuesday, the 26th day of June, 2011 at 10:00 a.m. (Toronto time).

AXMIN would also like to remind shareholders that the live webcast of the Meeting including an update on the Company's activities, presented by George Roach, President and CEO of AXMIN, will be available on the Company's website at www.axmininc.com.

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." Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "is expected", "expects", "scheduled", "intends", "anticipates", "believes", "proposes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements are based on the current expectations of the management of AXMIN. All statements, other than statements of historical fact included herein, including without limitation, statements regarding future plans and objectives of AXMIN; the closing of the Transaction; and statements regarding the ability to develop and achieve production at Passendro, to revalidate the BFS and to satisfy the terms of the Mining Licence as negotiated, 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.

Contacts:

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