At the Request of IIROC Axios Unaware of Any Material Changes

MISSISSAUGA, ON -- (Marketwired) -- 12/20/16 -- Axios Mobile Assets Corp. (TSX VENTURE: AXA) ("Axios" or the "Company"), at the request of IIROC, wishes to advise that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.

About Axios Mobile Assets

Axios Mobile Assets Corp. is a supply chain logistics company that is rapidly becoming a key supplier of pooled pallets, primarily to the perishable food industry. The Company's proprietary pallet-based tracking and information system delivers actionable data to help improve supply chain visibility and food safety. Unique attributes of the system include lower total cost, high biosecurity standards, real-time data and lighter weight. Axios is the only pallet pooler in the world with SQF certification in the Provision of Sanitation and Hygiene Services category.

Further information concerning the Company can be found at www.axiosma.com and www.sedar.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

CONTACT:
Richard MacDonald
President & CEO
Email Contact
877-762-9467 x601

Peter Murray
Shareholder Contact
Email Contact
778-839-8382

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