Huakan International Mining Inc. Intends to Enforce Security in Respect of the Greenwood Gold Property

Huakan International Mining Inc. ("Huakan" or the "Company") (TSX VENTURE:HK)
reports that Gold Crown LLC, AMT Industries Canada Inc. (collectively, the
"Purchasers") are still in default in performing their obligations under the
amended and restated letter agreement (the "Amended Agreement") between the
Purchasers, Mineral Invest International MII AB ("Mineral Invest") and the
Company dated March 26, 2013 (see the News Release of the Company dated March
28, 2013). Pursuant to the Amended Agreement, Mineral Invest agreed to guarantee
the payments owed to the Company by the Purchasers in the amount of
CAD$4,850,000 plus accrued interest.


The Company has issued to AMT Industries Canada Inc. ("AMT") a Notice of
Intention to Enforce Security required by Section 244(1) of the Bankruptcy and
Insolvency Act (Canada). The Notice advises AMT that it is the Company's
intention to enforce its security in the form of a General Security Agreement
following the expiration of ten days from the date of the Notice. Following that
period, the Company may take steps available to it to enforce its security in
respect of the Greenwood Gold Property including the appointment of a Receiver
over all of the assets and undertakings of AMT. 


Neither the TSX Venture Exchange nor its Regulations Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


CAUTIONARY STATEMENTS REGARDING FORWARD LOOKING INFORMATION

Certain of the statements made and information contained herein may contain
forward-looking statements or forward-looking information within the meaning of
applicable securities laws. Such forward-looking statements or forward-looking
information include, but are not limited to, statements concerning the Greenwood
Gold Property. Forward-looking statements or information include statements
regarding the expectations and beliefs of management. Often, but not always,
forward-looking statements and forward-looking information can be identified by
the use of words such as "plans", "expects", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes"
or the negatives thereof or variations of such words and phrases or statements
that certain actions, events or results "may", "could", "would", "might" or
"will" be taken, occur or be achieved. Forward-looking statements or information
include, but are not limited to, statements or information with respect to known
or unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company, or industry results, to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements or information. 


Forward-looking statements or information are subject to a variety of risks and
uncertainties which could cause actual events or results to differ from those
reflected in the forward-looking statements or information, including, without
limitation, risks and uncertainties relating to: completion of announced
transactions, history of losses; requirements for additional capital; dilution;
loss of its material properties; interest rates increase; global economy;
limited history of production; speculative nature of exploration activities;
periodic interruptions to exploration, development and mining activities;
environmental hazards and liability; industrial accidents; failure of processing
and mining equipment; labour disputes; supply problems; commodity price
fluctuations; uncertainty of production and cost estimates; the interpretation
of drill results and the estimation of mineral resources and reserves; legal and
regulatory proceedings and community actions; title matters; regulatory
restrictions; permitting and licensing; volatility of the market price of common
shares; insurance; competition; hedging activities; currency fluctuations; and
loss of key employees. Should one or more of these risks and uncertainties
materialize, or should underlying assumptions prove incorrect, actual results
may vary materially from those described in forward-looking statements or
information. Accordingly, readers are advised not to place undue reliance on
forward-looking statements or information. The Company disclaims any intent or
obligation to update forward-looking statements or information except as
required by law, and you are referred to the full discussion of the Company's
business contained in the Company's reports filed with the securities regulatory
authorities in Canada.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Fiona Leung
Chief Financial Officer
[phone]