Alhambra Announces Management Cease Trade Order

Alhambra Resources Ltd. (TSX VENTURE:ALH)(PINKSHEETS:AHBRF)(FRANKFURT:A4Y)
("Alhambra" or the "Corporation") announces that a temporary Management Cease
Trade Order ("MCTO") has been issued by the Alberta Securities Commission
("ASC") against the Corporation's Chief Executive Officer and Chief Financial
Officer as opposed to a general cease trade order against the Corporation. This
MCTO prohibits trading in securities of the Corporation, whether directly or
indirectly, by these individuals.


As summarized in Alhambra's News Release dated April 11, 2014 (the "Default
Notice"), this action was expected due to the delay in filing its 2013 annual
audited financial statements, management's discussion and analysis and CEO and
CFO certificates (collectively, the "2013 Annual Audited Financial Statements").


Should Alhambra fail to file its 2013 Annual Audited Financial Statements on or
before June 30, 2014, the ASC can impose a cease trade order on Alhambra such
that all trading in securities of the Corporation cease for such period as the
ASC may deem appropriate.


Pursuant to the requirements of Section 4.4 of National Policy 12-203 -
Alternative Information Guidelines ("AIG"), the Corporation reports the
following:




i.  There have been no material changes to the information contained in the
    Default Notice and the Corporation expects to file its 2013 Annual
    Audited Financial Statements on or before June 30, 2014; 
ii. There have been no failures with respect to the Corporation fulfilling
    its stated intention of satisfying the requirements of the AIG; 
iii.There has not been, nor is there anticipated to be, any specified
    default subsequent to the default which is the subject of the Default
    Notice; and, 
iv. There is no other material information concerning the affairs of the
    Corporation that has not been generally disclosed.



ABOUT ALHAMBRA

Alhambra is a Canadian based international exploration and production
corporation producing gold in Kazakhstan.


Alhambra common shares trade in Canada on The TSX Venture Exchange under the
symbol ALH, in the United States on the Over-The-Counter Pink Sheets Market
under the symbol AHBRF and in Germany on the Frankfurt Open Market under the
symbol A4Y. The Corporation's website can be accessed at
www.alhambraresources.com.


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


Forward-Looking Statements

Certain statements contained in this release constitute "forward-looking
statements". These statements relate to future events or future performance. The
use of any of the words "could", "intend", "expect", "believe", "will",
"projected", "estimated" and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward-looking
information and are based on the Corporation's current belief or assumptions as
to the outcome and timing of such future events. Actual future results may
differ materially. In particular, this release contains forward-looking
statements relating to the audit and filing of the 2013 Annual Audited Financial
Statements. Various assumptions or factors are typically applied in drawing
conclusions or making the forecasts or projections set out in forward-looking
statements. Those assumptions and factors are based on information currently
available to the Corporation. The material factors and assumptions with respect
to the audit and filing of the 2013 Annual Audited Financial Statements include
the auditors not encountering anything out of the ordinary that would cause the
auditors not to be able to complete the audit as anticipated. Risk Factors that
could cause actual results or outcomes to differ materially from the results
expressed or implied by forward-looking statements include, among other things:
general economic and business conditions, and political, social and other risks
inherent in carrying on business in a foreign jurisdiction. Forward-looking
statements contained in this release are made based on Management's beliefs,
estimates and opinions on the date the statements are made and the Corporation
undertakes no obligation to update forward-looking statements and if these
beliefs, estimates and opinions or other circumstances should change, except as
required by applicable law. Because of the risks, uncertainties and assumptions
contained herein, investors should not place undue reliance on forward-looking
statements. The forward-looking statements contained herein are expressly
qualified by this cautionary statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alhambra Resources Ltd.
Ihor P. Wasylkiw
VP & Chief Information Officer
[phone]


Alhambra Resources Ltd.
Donald D. McKechnie
VP Finance and Chief Financial Officer
+ 1 [phone]
+ 1 [phone] (FAX)
www.alhambraresources.com