July 16, 2003

CHANGE OF DOMAIN NAME

Toronto, Ontario – (AXM-TSX Venture) announces that with immediate effect it has changed its domain name to ‘axmininc.com’. All e-mails to personnel at AXMIN should now end with ‘@axmininc.com’. AXMIN’s previous domain name ‘axmin.com’ is no longer associated with the company.

AXMIN is a gold exploration company with a strong focus on gold in highly prospective properties across Africa, principally in the Central African Republic, Burkina Faso and Mali.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

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