Alexander Nubia International Inc. Completes $5 Million Offering

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Alexander Nubia International Inc. ("ANII" or the "Company") (TSX VENTURE:AAN)
is pleased to announce that it has completed its previously announced offering
(the "Offering") of common shares of the Company (the "Common Shares"). The
Offering was made by way of a short form prospectus offering in all provinces of
Canada other than Quebec through a syndicate of underwriters led by Wellington
West Capital Markets Inc. and including Cormark Securities Inc. and Industrial
Alliance Securities Inc. An aggregate of 25,000,000 Common Shares were issued
pursuant to the Offering at a price of $0.20 per share for total gross proceeds
of $5,000,000.


The Company intends to use the net proceeds from the Offering to expand its
drilling and exploration programs and for general corporate purposes.


"This is a significant step which, with continued favourable drilling results,
will enable the Company to reach an important milestone of advancing the Abu
Marawat property to a 43-101-compliant resource. The goal at this stage is to
develop a 43-101-compliant inferred resource of 1,000,000 oz. Au inclusive of
the other valuable metals, Cu, Zn, and Ag. Roscoe Postle Associates Inc., a
globally recognized consulting firm, has been engaged to complete the 43-101
technical report by the end of 2011" commented Alexander Massoud, Chief
Executive Officer of the Company. 


About Alexander Nubia International Inc.:

The Company is a mineral exploration company whose mission is to explore for
precious and base metal by implementing technical expertise of developed
mineral-exploration jurisdictions, such as that of Canada, in resource-rich
Africa. Initially, the Company established Egypt as its platform country,
focusing on the under-developed Nubian Shield in the Eastern Desert, where
historic mining of gold and copper dates back to Pharaonic times. The Company
controls the Abu Marawat Concession, which covers an area of 1027 km2 in the
Eastern Desert. The concession contains the main Abu Marawat, Semna (auriferous
quartz veins), and Hamama (VMS) properties and other gold and base-metal
exploration targets. 


For more information on the Company please visit our web site at
www.alexandernubia.com.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities referred to herein in the United States or in
any jurisdiction where such offer or sale would be unlawful. The securities
referred to 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 or for the account or benefit of a "U.S. person" (as defined in Regulation S
under the U.S. Securities Act) absent registration or an applicable exemption
from the registration requirements of the U.S. Securities Act. No public
offering of securities is being made in the United States.


Nothing in this announcement constitutes an offer of securities for sale in any
jurisdiction where it is unlawful to do so. 


Cautionary Note Regarding Forward-Looking Statements: Certain statements
contained herein constitute forward-looking statements, including statements
concerning the anticipated use of proceeds and anticipated drill results. We
believe the expectations reflected in those forward-looking statements are
reasonable but no assurance can be given that these expectations will prove to
be correct and such forward-looking statements included herein should not be
unduly relied upon. The forward-looking statements included in this press
release are made as of the date of this press release and the Company disclaims
any intention or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, except as
expressly required by applicable securities legislation.