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Dec 09 2005

Axmin stock options

Toronto, Ontario – Dec 09, 2005, AXMIN Inc. (AXM-TSX Venture) announces the recent granting of stock options to certain Company directors for 250,000 common shares of the Company exercisable at Cdn$0.55 each expiring on December 5, 2010. 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 6,600,000 common shares of the Company and there were 12,139,974 common shares of the Company reserved for issuance under the Stock Option Plan 2005.

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

AXMIN Inc.

AXMIN Inc.

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

Tel: +1 416 368 0993 (Canada)

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

E-mail: ir@axmininc.com