Alexander Nubia International Inc. Completes Non-­‐brokered Private Placement and Announces Shares for Debt Transaction

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FOR  IMMEDIATE  RELEASE

ALEXANDER  NUBIA  INTERNATIONAL  INC.  

COMPLETES  NON-­‐BROKERED  PRIVATE  PLACEMENT  AND  ANNOUNCES  SHARES  FOR  DEBT   TRANSACTION  

November  28,  2013  -­‐  Toronto,  Ontario  –  Alexander  Nubia  International  Inc.  (the  "Company")  (TSX-­‐V: AAN)   today   announced   that   it   has   completed   a   non-­‐brokered   private   placement   (the   "Private   Placement")   for   gross   proceeds   of   $90,000.   In   connection   with   the   Private   Placement,   the   Company issued  an  aggregate  of  1,800,000  units  of  the  Company  (the  "Units")  at  $0.05  per  Unit,  with  each  Unit being  comprised  of  one  common  share  in  the  capital  of  the  Company  (a  "Common  Share")  and  one common  share  purchase  warrant  (a  "Warrant").  Each  Warrant  entitles  the  holder  thereof  to  acquire  one Common  Share  at  a  price  of  $0.05  until  November  28,  2015.  If  the  simple  average  of  the  closing  price  of the  Common  Shares  on  the  TSX  Venture  Exchange  for  any  10  consecutive  trading  days  is  greater  than $0.15,  the  Company  may  elect  to  accelerate  the  expiry  date  of  the  Warrants  to  the  date  which  is  30  days from  the  date  that  the  Company  provides  written  notice  to  the  holders  of  the  Warrants.

All   Common   Shares   and   Warrants   issued   in   connection   with   the   Private   Placement   are   subject   to   a statutory   hold   period   that   expires   on   March   29,   2014,   in   accordance   with   applicable   securities legislation.    The  net  proceeds  from  the  Private  Placement  will  be  used  for  working  capital  purposes.

The  Company  also  announces  that  it  has  reached  terms  with  its  certain  officers,  directors  and  creditors of  the  Company  to  exchange  shares  for  debt.  Specifically,  the  Company  has  agreed,  subject  to  approval of  the  TSX  Venture  Exchange,  to  issue  an  aggregate  of  4,874,260  common  shares  (valued  at  $0.05  per share).   The   shares   for   debt   agreements   with   non-­‐arm’s   length   parties,   representing   an   aggregate   of $221,712  of  the  total  debt  being  settled,  are  subject  to  disinterested  shareholder  approval  which  will  be sought  at  the  Company’s  next  meeting  of  shareholders  in  2014.    The  Company  has  negotiated  these agreements  to  allow  the  Company  to  preserve  cash.  All  Common  Shares  issued  in  connection  with  the shares   for   debt   transaction   are   subject   to   a   four   month   statutory   hold   period,   in   accordance   with applicable  securities  legislation.

For   more   information   on   Alexander   Nubia   please   visit   our   web   site   at   www.alexandernubia.com   or contact:

A.  Alexander  Massoud     President  and  Chief  Executive  Officer   Egypt:     +2  (0)  22  287  6914   Email:     [email protected]

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General  Information   Canada:  +1  (604)  727-­‐1813   Email:     [email protected]

Cautionary  Note  Regarding  Forward-­‐Looking  Statements   Neither  the  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  news   release.      

The   securities   of   Alexander   Nubia   International   Inc.   described   herein   have   not   been   and   will   not   be   registered  under  the  United  States  Securities  Act  of  1933,  as  amended  (the  “U.S.  Securities  Act”)  or  any   state  securities  laws  and  may  not  be  offered  or  sold  within  the  United  States  or  to  U.S.  Persons  unless   registered  under  the  U.S.  Securities  Act  and  applicable  state  securities  laws  or  an  exemption  from  such   registration   is   available.     Some   of   the   statements   contained   in   this   release   are   forward-­‐looking   statements,  such  as  estimates  and  statements  that  describe  the  Company's  future  plans,  objectives  or   goals,   including   words   to   the   effect   that   the   Company   or   management   expects   a   stated   condition   or   result   to   occur.   Since   forward-­‐looking   statements   address   future   events   and   conditions;   by   their   very   nature  they  involve  inherent  risks  and  uncertainties.    Actual  results  in  each  case  could  differ  materially   from  those  currently  anticipated  in  such  statements.    Neither  TSX  Venture  Exchange  nor  its  Regulation   Services  Provider  (as  that  term  is  defined  in  policies  of  the  TSX  Venture  Exchange)  accepts  responsibility   for  the  adequacy  or  accuracy  of  this  release.  

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