Alphamin Resources Corp.
TSX VENTURE : AFM

Alphamin Resources Corp.

December 27, 2013 21:33 ET

Alphamin Resources Corp.: Private Placement Closed

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 27, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Alphamin Resources Corp. (TSX VENTURE:AFM) ("Alphamin" or the "Company") is pleased to announce that its previously announced private placement of 100,000,000 common shares (the "Shares") for gross proceeds of $13,500,000 (the "Private Placement") has closed. The Shares will have a four-month hold period following the date of their issuance. Further details of the Private Placement may be found in the Company's news releases dated December 26, 2013 and December 3, 2013.

About Alphamin

Alphamin is a TSX Venture Exchange listed tin explorer and developer. The Company's strategy is to locate next generation tin assets and leverage our exploration and development expertise to create sustainable tin production. The Company's primary focus during this year is to realize the potential of the Bisie Project located in the Democratic Republic of Congo.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross Doyle, Chief Financial Officer

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.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and may not be offered or sold within the United States (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

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