Mr. A. Alexander Massoud reports

ALEXANDER NUBIA CLOSES NON-BROKERED PRIVATE PLACEMENT

Further to the press release dated Oct. 2, 2015, Alexander Nubia International Inc. has closed its previously announced non-brokered private placement offering of 1,875,000 common shares at a price of eight cents per common share for aggregate gross proceeds of $150,000.

The corporation also announces that pursuant to the offering, Ou Moonrider acquired 1,875,000 common shares at a price of eight cents per common share. This acquisition by Moonrider represents 4.08 per cent of the company's current issued and outstanding common shares and an approximate 46.88-per-cent increase to Moonrider's ownership of Alexander Nubia. Prior to this transaction, Moonrider owned and controlled an aggregate of four million common shares and four million warrants of the company. Moonrider now owns and controls 5,875,000 common shares, representing, in aggregate, prior to the exercise of any warrants held by Moonrider, approximately 12.77 per cent of the issued and outstanding common shares of the company. On a partially diluted basis after the exercise of all of the warrants held by Moonrider only, it would own and control approximately 19.75 per cent of the share capital of Alexander Nubia.

All securities issued to Moonrider are subject to a four-month hold period expiring on Feb. 6, 2016.

The corporation has also been advised that Moonrider acquired these securities for investment purposes and may in the future, depending on market and other conditions, increase or decrease its beneficial ownership of the corporation's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities. Copies of the early warning reports filed in connection with these acquisitions will be available on SEDAR and may also be obtained by contacting the corporation.

All securities issued pursuant to the offering will be subject to a four-month hold period under applicable Canadian securities laws expiring on Feb. 6, 2016. The net proceeds from this offering will be primarily used for working capital purposes and corporate costs.

We seek Safe Harbor.