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AFM.V ·

The above media statement and accompanying material for media use are issued by

Corporate Updates

6830597 v4

NEWS RELEASE

C2-202, Level 2, Office Block C, La Croisette, Grand Baie, 30517, Mauritius

For more media information or

interview requests, please contact the Stone team

on [email protected] or +2711 4470168

The above media statement and accompanying material for media use are issued by

ALPHAMIN RESOURCES CORP. without embargo unless an embargo is indicated above

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR F OR PUBLICATION, RELEASE OR

DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN THE UNITED STATES,

AUSTRALIA, JAPAN, OR ANY OTHER JURISDICTION IN WHIC H IT WOULD BE UNLAWFUL TO DO SO.

ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CON STITUTE A VIOLATION OF THE

SECURITIES LAWS OF SUCH JURISDICTIONS.

ALPHAMIN RESOURCES CORP. RELEASES YEAR END RESULTS, ANNOUNCES APPOINTMENT TO THE

BOARD

MAURITIUS – April 30, 2018 – Alphamin Resources Corp. (AFM: TSXV, “ Alphamin ” or the “ Company ”) is

pleased to announce that it has released its year end results which may be found on SEDAR.com

Mr. Maritz Smith, a seasoned business executive wit h significant experience and expertise, has accepte d an

invitation to join the Board of Directors of Alphamin, subject to regulatory approval..

Further information, videos and photographs of the Project’s progress are available on the Alphamin

Resources Corp. website at www.alphaminresources.com

EDITORS NOTES:

FOR MORE INFORMATION, PLEASE CONTACT:

Boris Kamstra

Chief Executive Officer

Alphamin Resources Corp.

Tel: +230 269 4166

E-mail: [email protected]

Grand Baie, Mauritius

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.

ISSUED ON BEHALF OF THE BOARD OF DIRECTORS OF ALPHAMIN RESOURCES CORP. BY:

Boris Kamstra, Chief Executive Officer

Tel: +230 269 4166

Grand Baie, Mauritius

CAUTION REGARDING FORWARD LOOKING STATEMENTS

Information in this news release that is not a stat ement of historical fact constitutes forward-lookin g information.

Forward-looking statements contained herein include , without limitation, statements relating to the in tended

completion of additional financing and the anticipa ted use of funds from such financing, the participa tion of

The above media statement and accompanying material for media use are issued by

Tremont and other stakeholders, the satisfaction of conditions precedent under the Credit Facility, the Company’s

intentions to raise the balance of funding required to complete construction of the Project and the sources thereof,

additional subscription by IDC, costs of production , success of mining operations, the ranking of the project in

terms of cash cost and production, economic return estimates, social, community and environmental impacts, and

continued positive discussions and relationships wi th local communities and stakeholders. Forward-look ing

statements are based on assumptions management beli eves to be reasonable at the time such statements a re

made. There can be no assurance that such statement s will prove to be accurate, as actual results and future

events could differ materially from those anticipat ed in such statements. Accordingly, readers should not place

undue reliance on forward-looking statements. Although Alphamin has attempted to identify important factors that

could cause actual results to differ materially fro m those contained in forward-looking statements, th ere may be

other factors that cause results not to be as antic ipated, estimated or intended. Factors that may cau se actual

results to differ materially from expected results described in forward-looking statements include, bu t are not

limited to: Alphamin’s ability to secure sufficient financing to advance and complete the Project, unc ertainties

associated with Alphamin’s resource and reserve est imates, uncertainties regarding the estimation of f uture

costs, uncertainties regarding global supply and de mand for tin and market and sales prices, uncertain ties

associated with securing off-take agreements and cu stomer contracts, uncertainties with respect to soc ial,

community and environmental impacts, adverse politi cal events, uncertainties with respect to optimizat ion

opportunities for the Project, as well as those ris k factors set out in the Company’s Management Discu ssion and

Analysis and other disclosure documents available u nder the Company’s profile at www.sedar.com . Forward-

looking statements contained herein are made as of the date of this news release and Alphamin disclaim s any

obligation to update any forward-looking statements , whether as a result of new information, future ev ents or

results or otherwise, except as required by applicable securities laws.