Alphamin Announces Grant of Stock Options

Alphamin Resources Corp. (TSXV: AFM, JSE AltX: APH, “Alphamin” or “the Company”) announced today that, subject to regulatory approval, it has granted stock options to acquire an aggregate of 9,880,000 common shares to directors, officers and employees of Alphamin and its subsidiaries under its stock option plan. Each option is exercisable for a seven year period to acquire one common share at a price of C$0.20 per share. The options granted vest over a period between three and four years from the date of grant.

FOR MORE INFORMATION, PLEASE CONTACT:

Maritz Smith                                        CEO                             Alphamin Resources Corp.                                 Tel: [phone]E-mail: [e-mail] 

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