PERRIERI OFFICE SUITES, C2-302, Level 3, Office Block C, La Croisette, Grand Baie 30517, Mauritius ALPHAMIN ADVISED OF AGREEMENT BY MAJOR SHAREHOLDER FOR SALE OF MAJORITY INTEREST IN THE COMPANY
NEWS RELEASE
C/o ADANSONIA MANAGEMENT SERVICES LIMITED, Suite 1,
PERRIERI OFFICE SUITES, C2-302, Level 3, Office Block C,
La Croisette, Grand Baie 30517, Mauritius
ALPHAMIN ADVISED OF AGREEMENT BY MAJOR SHAREHOLDER FOR SALE OF
MAJORITY INTEREST IN THE COMPANY
GRAND BAIE, MAURITIUS – June 4, 2025 – Alphamin Resources Corp. (AFM:TSXV,
APH:JSE AltX) (the “Company”) announced today that it has been advised by its 57% majority
shareholder, Tremont Master Holdings (“TMH”), that Tremont has entered into a definitive
agreement for the sale of 718,990,967 common shares of the Company, representing
approximately 56% of the outstanding common shares, to AbuDhabi-based International
Resource Holding (“IRH”) at a price of C$0.70 share, or C$503,293,677 (US$367,001,749) in
the aggregate, and subject to certain completion adjustments that may decrease the total
consideration. Details of the proposed transaction are contained in a joint news release issued
by TMH and IRH dated June 3, 2025 (the “News Release”).
As disclosed in the News Release, IRH is an Abu Dhabi-based global mining company,
focused on securing and optimizing industrial metals supply chains. IRH invests in high-quality
upstream and midstream assets to enhance the stability and efficiency of global raw material
markets. The News Release also discloses that closing of the transaction is subject to certain
closing conditions, including, among others, the receipt of all regulatory and internal corporate
approvals.
The board of directors of Alphamin is evaluating the impact, if any, of the proposed transaction
to the Company.
By order of the Board
FOR MORE INFORMATION, PLEASE CONTACT:
Maritz Smith
CEO
Alphamin Resources Corp.
Tel: +230 269 4166
E-mail: [email protected]
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.