Alexander Nubia Corrects Error in Announcement of Placement Closing

FOR IMMEDIATE RELEASE

ALEXANDER NUBIA CORRECTS ERROR IN ANNOUNCEMENT OF PLACEMENT CLOSING

December 16, 2015 Alexander Nubia International Inc. (TSX-V:AAN) (the “Corporation” or “Alexander Nubia”) announces that the press release it issued on December 16, 2015 respecting the closing of the first tranche of its non-brokered private placement of units was issued in error. The placement has not yet closed.

A further press release will be issued when the closing has occurred.

About Alexander Nubia International Inc.:

Alexander Nubia (TSX-V: AAN) is in the business of exploring for and developing of economic gold and copper deposits in the Central Eastern Desert of the Arabian-Nubian Shield (ANS). The Company’s 100%- owned concessions, Abu Marawat and the Fatiri, combined cover 2,772 square kilometers of underexplored ground. Evidence of gold and copper mining on the concessions dates the many surface workings to pre-historic (Copper Age) and Old Kingdom (Pharaonic), through Ptolemaic and Roman and into Early Arab times. Several historic gold mines and numerous gold showings and gossans occur within the two concessions.

The Company’s land package is located some 400 km southeast of Cairo and is enhanced by expanding infrastructure, including access to highway and railway right-of-way, a high-capacity electricity grid, and nearby major cities; Qena, on the Nile River, and Port of Safaga, on the Red Sea, only 50 km to the East.

ON BEHALF OF THE BOARD OF ALEXANDER NUBIA INTERNATIONAL INC.

Mark W. Campbell President & CEO

For further information, please visit www.alexandernubia.com or contact:

Mark W. Campbell President and CEO +1-936-689-2589

Giles Baynham Director of Corporate Development +1-604-764-6126

Cautionary Note Regarding Forward-Looking Statements

Some of the statements contained in this release are forward-looking statements. 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.