Alphamin Appoints New CFO

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News Release 2012-3

ALPHAMIN APPOINTS NEW CFO

Vancouver, Canada – May 1, 2012 – Alphamin Resources Corp. (AFM: TSXV) is pleased to announce that Ross Doyle has been appointed as CFO of the Company to replace Ms. Sheryl Jones. In addition, Peter Rook-Green has resigned from his position as Treasurer of the Company. “We would like to thank Ms. Jones and Mr. Rook-Green for their contributions to the Company,” said Mr. Cosme Beccar Varela, President and CEO of Alphamin.

Mr. Ross Doyle has been employed as a strategic business analyst and a CFO of various companies for the past 15 years. During this period his time was spent working with commodity trading firms and financial institutions. During the last 5 years Mr. Doyle worked at the head office of Glencore International AG in their Coal division. Subsequent to departing from Glencore, Mr. Doyle has advised other commodity firms in a similar capacity. Mr. Doyle received a Bachelor of Commerce from the University of Queensland, Brisbane Australia and is a Chartered Accountant.

ON BEHALF OF THE BOARD OF DIRECTORS

“Cosme Maria Beccar Varela”

Cosme Maria Beccar Varela, President and CEO

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