Alexander Nubia appoints a new Chief Financial Officer
May 13, 2013 -‐ Toronto, Ontario. Alexander Nubia International Inc. (TSX-‐V: AAN) (the “Company”) announces that Mr. Justin Blanchet has been appointed as the new Chief Financial Officer of the Company. Mr. Blanchet is a member of the Institute of Chartered Accountants of British Columbia and the Illinois Certified Public Accountant Society and holds a bachelor of technology in accounting degree from the British Columbia Institute of Technology. Mr. Blanchet is a partner of a consulting firm specializing in financial consultancy and executive outsourcing focused on the mining sector.
Mr. Justin Blanchet replaces Mr. Paul Robertson who resigned as of May 10, 2013. Mr. Robertson will continue to provide services to the Company until May 31, 2013 to assist with the transition to the new Chief Financial Officer.
Chief Executive Officer, Mr. Alexander Massoud stated “We thank Mr. Robertson for his contribution”. Mr. Massoud further commented, “The incoming CFO, Mr. Blanchet, understands our operations based on his previous work in providing accounting and audit services to the Company. We expect he will seamlessly take on this new role and responsibilities. We welcome Mr. Blanchet to the Alexander Nubia team.”
About Alexander Nubia International Inc.
Alexander Nubia International Inc. is an established Canadian mineral exploration company that has been operating in Egypt since 2007. It is committed to identifying, focusing on and advancing gold and base-‐metal projects in the Eastern Desert of Egypt. The Company holds two exploration concessions in Egypt: Abu Marawat and Fatiri, which cover areas of 1,027 km2 and 1,745 km2, respectively. The Company is focused on exploration within the Abu Marawat Concession, which contains its two main properties, the Hamama volcanogenic massive sulphide (“VMS”) deposit and the Abu Marawat mesothermal vein deposit, with an NI 43-‐101-‐compliant inferred gold-‐copper-‐rich resource.
The Hamama VMS deposit is located in the Arabian-‐Nubian Shield, which is known for the quality of its VMS deposits. Positive first-‐stage drill results at Hamama intersected high-‐grade semi-‐massive and massive sulphide mineralization, a broad zone of VMS gossan at-‐surface containing high-‐grade gold and silver (a “gold cap”), and an extensive mineralized footwall stringer and breccia zone.
The Company’s highly prospective land package has an established history of mining dating back to the Pharaonic era, and contains three historical gold mines and four major prospects. The land package is enhanced by excellent and nearby infrastructure, which includes access to highway and railway, a high-‐ capacity electricity grid, and nearby major cities: Qena, on the Nile River, and Port of Safaga, on the Red Sea.
For more information on Alexander Nubia please contact:
A. Alexander Massoud President and Chief Executive Officer Egypt: +2 (0) 22 287 6914 Email: [email protected]
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.
14653238.1