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Apr 07, 2006

Executive role for dr michael martineau

Toronto, Ontario – Apr 07, 2006, AXMIN Inc. (AXM-TSX Venture) is pleased to announce that Dr Michael Martineau, Deputy Chairman and President of the Company, is to resume an executive role with specific responsibility for Corporate Development and Investor Relations. In addition, Dr Martineau has recently been granted stock options for 950,000 common shares of the Company exercisable at Cdn$0.74 each expiring on April 4, 2008. These stock options have been granted in accordance with the Company's Stock Option Plan 2005. Immediately following this award of stock options the Company had on issue and outstanding stock options for 9,590,000 common shares of the Company and there were 15,986,129 common shares of the Company reserved for issuance under the Stock Option Plan 2005.

Dr Martineau comments "I am delighted to be resuming an executive role with AXMIN to assist in the development and promotion of the strong portfolio of discoveries that Jon Forster's team have made in central and west Africa. Few companies of comparable or even larger size can have such a potential to develop multiple gold mines in the newly developing and democratic countries of this part of the African continent."

AXMIN is a mineral exploration company with a strong focus on gold in highly prospective properties across central and west Africa.

For more information regarding AXMIN visit our website at www.axmininc.com.

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

For additional information please contact AXMIN Inc.:


Jon Forster

Judith Webster

Chief Executive Officer

Manager – Investor Relations



Tel: +44 (0)1233 665600 (UK)

Tel: +1 416 368 0993 (Canada)

Fax: +44 (0)1233 643728 (UK)

E-mail: ir@axmininc.com