AXMIN Inc. announced that it has agreed a second and final mediation process regarding the Passendro Gold Asset in the Central African Republic (CAR) to rectify the mining license and two exploration permits or agree monetary damages to take place later this month in Abidjan, Ivory Coast. As stated previously the President of CAR Mr. Faustin-Archange Touadera gave a mandate to Mr. Arnaud Djoubaye-Abazene the Minister of Justice and to Mr. Ruffin Benam-Beltoungou the Minister of Mines and Geology to come to an amicable settlement with the Company. Axmin will be represented by Mr. Boubacar Sidibe and the Company's legal counsel at this second formal meeting.