Aldridge Announces Results of Annual Shareholders’ Meeting, Provides Corporate Update

Aldridge Minerals Inc. (TSX Venture: AGM) (“Aldridge” or the “Company”) is pleased to report the results of the annual general meeting of the shareholders of Aldridge held on June 24, 2014 in Toronto.

Election of DirectorsThe number of directors has been set at nine and the following nominees were elected as directors of Aldridge:

Baran BaycanJohn CookDaniella DimitrovEd GuimaraesBarry HildredHüseyin Talha ÖzkulAhmet TaçyildizHande TaçyildizMichael Widmer

Newly appointed to the Aldridge board of directors (the “Board”) is Mr. Özkul. Mr. Özkul has been Vice Chairman of Proges Professional Security Systems Ltd. in Turkey since 2004. Mr. Özkul holds a Bachelor of Arts degree in literature from the University of Istanbul and completed his Master’s Degree in Labour Economics and Industrial Relations at Sakarya University in Turkey. As a partner of Proges, Mr. Özkul is also a consultant and member of the board of directors for several privately held companies in Turkey.

Mr. Meric Oktar did not stand for re-election to the Board and the Board and Management would like to thank him for his contributions to the Company.

Appointment of AuditorPricewaterhouseCoopers LLP, Chartered Accountants, has been re-appointed as auditor of the Company for the ensuing year and the Board has been authorized to fix their remuneration.

Stock Option PlanThe amended and restated stock option plan of the Company was re-approved, subject to the review and acceptance of the TSX Venture Exchange.

Corporate UpdateThe Company continues to pursue alternative opportunities for interim financing requirements, such as working capital, basic engineering and land acquisition. With the support of its recently formed Finance Committee, the Board is reviewing several indicative proposals that address these funding requirements.

About AldridgeAldridge is a development stage mining company focused on its wholly owned Yenipazar polymetallic VMS Project (Au, Ag, Cu, Pb, Zn) in Turkey (the “Project”), a country that is committed to developing its natural resources. Aldridge completed the Yenipazar Optimization Study and filed the related NI 43-101 compliant technical report in May 2014, which updated the original May 2013 Feasibility Study. The Company is currently advancing the Project on key aspects including permitting, design, land acquisition and project financing. www.aldridgeminerals.ca

Caution Regarding Forward-Looking InformationThis news release includes certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this news release, include, but are not limited to, economic performance and future plans and objectives of Aldridge. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although Aldridge believes that the assumptions and factors used in making the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Aldridge disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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.

Aldridge Minerals Inc.Han Ilhan, 416-477-6988President & CEOorDavid Carew, 416-477-6984Director of Corporate Development & Corporate Secretary