Huakan International Mining Inc. Initiates Legal Action to Enforce Security in Respect of the Greenwood Gold Property

Huakan International Mining Inc. (TSX VENTURE:HK) ("Huakan" or the "Company")
previously reported that Gold Crown LLC ("Gold Crown"), AMT Industries Canada
Inc. ("AMT") and Mineral Invest International MII AB ("Mineral Invest") were in
default of performing obligations to the Company under a Letter Agreement dated
March 26, 2013 (see the News Releases of the Company dated March 28, 2013 and
July 31, 2013). Gold Crown, AMT and Mineral Invest continue to be in default of
those obligations. The Company has commenced an action in the Supreme Court of
British Columbia (the "Court") against AMT, Gold Crown and Mineral Invest to
enforce its security in respect of the Greenwood Gold Property and to collect
the amounts owing to the Company by AMT, Gold Crown and Mineral Invest. As well,
the Company has filed a Notice of Application to the Court for the appointment
of a Receiver over all of the assets and undertakings of AMT. The application
hearing is presently scheduled for September 4, 2013.


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: 
Huakan International Mining Inc.
Fiona Leung
Chief Financial Officer
(604) 694-2344

Huakan International Mining Inc. (TSXV:HK)
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