AXMIN Hosts Government Representatives From the Central African Republic in Toronto, Canada-Webcast Alert

TORONTO, ONTARIO -- (Marketwire) -- 10/04/10 -- AXMIN Inc. (TSX VENTURE: AXM) is pleased to announce that it is hosting Government representatives from The Central African Republic ('CAR') in Toronto for the week of October 3rd to 7th, 2010. The representatives include Lieutenant Colonel Sylvain Ndoutingai, Minister for Mines, Aime Nganare, l'Office de Recherches Geologiques et d'Exploitation Miniere ('ORGEM') and Madame Maryln Mouliom Roosalem, Ministre, Conseiller Economique et Financier a la Presidence & Chairperson of ORGEM. On Tuesday, October 5, 2010 AXMIN will be hosting an Investor Luncheon for invited financial analysts and institutional investors from 12:30 pm to 2:00 pm (ET). A live audio webcast of the presentation and question and answer session can be accessed on the Company's website homepage at www.axmininc.com. A fully translated transcript of the event will be available on the Company's website later that same week.

President and CEO, Mr. George Roach, comments: 'We are delighted to be able to host the CAR government representatives in Toronto this week. This is a perfect opportunity to show our investors how committed both the Government of CAR and AXMIN are to the development of the Passendro Gold Mine. The visit will also allow the CAR government the opportunity to demonstrate to the North American mining and investment community that it is the Country's policy to open its doors to international investment in an effort to further develop CAR's vast mineral wealth.'

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, Mali, Mozambique, Sierra Leone, Senegal and Zambia. 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, 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

Manager Investor Relations

416 368 0993 ext 221
ir@axmininc.com