MAI.V · 2018-05-23 12:00:00

Minera Alamos announces OTC ticker symbol change to MAIFF

Corporate Actions

Minera Alamos announces OTC ticker symbol change to

MAIFF

TORONTO

and

VANCOUVER

May 23, 2018

/CNW/ -

Minera Alamos Inc. ("Minera Alamos" or the "Company") (TSX

VENTURE:MAI, OTCQB:MAIFF)

announces that FINRA has approved a change in the Company's stock symbol trading on the OTC

Markets. The Company's common shares now trade on the OTCQB under the symbol MAIFF. The previous trading symbol was VGMTF.

There is no action required by current shareholders in connection with this change.

About

Minera Alamos

is an advanced stage exploration and development company. Its growing portfolio of high-grade Mexican projects includes the

Fortuna

open pit gold project in Durango and the Guadalupe de los Reyes gold/silver project in

Sinaloa

as well as the now combined Santana/Los

Verdes gold-copper project in

Sonora

. The Company is well financed to conduct all of its planned exploration and development activities and

continues to pursue additional project acquisitions in

Latin America

Caution Regarding Forward-Looking Statements

This news release may contain forward-looking information and

Minera Alamos

cautions readers that forward-looking information is based on

certain assumptions and risk factors that could cause actual results to differ materially from the expectations of

Minera Alamos

included in this

news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words

such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information

currently available to

Minera Alamos

and

Minera Alamos

provides no assurance that actual results will meet management's expectations. Forward-

looking statements include estimates and statements with respect to

Minera Alamos'

future plans with respect to the Projects, objectives or goals,

to the effect that

Minera Alamos

or management expects a stated condition or result to occur and the expected timing for release of a resource and

reserve estimate on the Projects. Since forward-looking statements are based on assumptions and address future events and conditions, by their

very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, the economics of

processing methods, project development, reclamation and capital costs of

Minera Alamos'

mineral properties, the ability to complete a

preliminary economic assessment which supports the technical and economic viability of mineral production could differ materially from those

currently anticipated in such statements for many reasons.

Minera Alamos'

financial condition and prospects could differ materially from those

currently anticipated in such statements for many reasons such as: an inability to finance and/or complete an updated resource and reserve estimate

and a preliminary economic assessment which supports the technical and economic viability of mineral production; changes in general economic

conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial,

regulatory, political and competitive developments; technological and operational difficulties encountered in connection with

Minera Alamos'

activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that

may affect any of

Minera Alamos'

forward-looking statements. These and other factors should be considered carefully and readers should not

place undue reliance on

Minera Alamos'

forward-looking statements.

Minera Alamos

does not undertake to update any forward-looking statement

that may be made from time to time by

Minera Alamos

or on its behalf, except in accordance with applicable securities laws.

NEITHER 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

RELEASE.

SOURCE

Minera Alamos Inc.

View original content: http://www.newswire.ca/en/releases/archive/May2018/23/c3240.html

%SEDAR: 00009698E

For further information:

Minera Alamos Inc., Darren Koningen, CEO, Tel: 416-306-0990, Email: [email protected], Website:

www.mineraalamos.com; Doug Ramshaw, President, Tel: 236-521-0429, Email: [email protected]

CO: Minera Alamos Inc.

CNW 15:38e 23-MAY-18

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