Axios Mobile Assets Corp. : Axios Enters into Debt Settlement

TORONTO, December 20, 2013 - Axios Mobile Assets Corp. (CNSX: AXA) reports that it has reached agreement to settle outstanding debt of $761,009 owed to outside contractors and independent directors to the company in exchange for 15,220,177 common shares of the company.

AXIOS MOBILE ASSETS CORP. has 93,849,945 outstanding common shares (to be 109,070,122 upon closing of this debt settlement).

About Axios Mobile Assets

Axios Mobile Assets Corp. is a logistics enabler, featuring next generation, composite pallet technology, which can be bundled with its proprietary tracking and information system that helps improve the value chain in the logistics market. The Axios bundled offering is gaining market acceptance based on its unique attributes: lower total cost, longer useful life, customized configurations and a revenue stream through carbon credit generation, monitoring and the monetizing of carbon emissions reductions. Axios was incorporated under the Business Corporations Act (Ontario) and is a reporting issuer in the Province of Ontario. Axios is traded on the Canadian National Stock Exchange (CNSX) under the symbol AXA.

Further information concerning the Company can be found at www.axiosma.com, www.sedar.com and www.cnsx.ca.

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Contacts

Michelle Culver
Lambert, Edwards & Associates
[phone]
[e-mail]

Richard MacDonald
Axios Mobile Assets
[phone]
[e-mail].