Minera Alamos Announces Secondary Market Purchase of Its Shares by Group of Strategic Investors
Minera Alamos Announces Secondary Market
Purchase of Its Shares by Group of Strategic
Investors
Toronto, Ontario--(Newsfile Corp. - January 28, 2026) - Minera Alamos Inc.
(TSXV: MAI)
(OTCQX:
MAIFD)
("
Minera Alamos
" or the "
Company
") today announces that a subsidiary of Equinox Gold
Corp. ("
Seller
") has entered into definitive agreements for the sale of 9,680,281 common shares
("
Shares
") of the Company to a group of strategic investors including Darren Blasutti, Minera Alamos'
Executive Vice President, Corporate Development. The Shares are being sold at a price of C$5.80 per
Share for gross proceeds to the Seller in the amount of C$56,145,630, with Darren Blasutti purchasing
517,242 Shares for C$3.0 million. Closing is anticipated to occur in early February 2026.
The Shares were originally issued to the Seller as partial consideration for the Company's acquisition of
the Pan Operating Complex in White Pine County, Nevada, as announced in the Company's News
Release dated October 1, 2025.
About Minera Alamos
Minera Alamos is a growing North American gold production and development company. The Company
owns the Pan Operating Complex in White Pine County, Nevada, comprised of the Pan heap leach gold
mine and the adjacent fully permitted Gold Rock project, as well as the nearby past-producing Illipah
project. The Company also owns the Copperstone mine and associated infrastructure in La Paz County,
Arizona, an advanced development asset with a permitted mine plan of operations (MPO) that can be
developed in parallel with planned project advancements in Mexico. The Company maintains a portfolio
of high-quality Mexican assets, including the 100%-owned Santana open-pit, heap-leach mine in
Sonora. The 100%-owned Cerro de Oro oxide gold project in northern Zacatecas has considerable past
drilling and metallurgical work completed and the Company's proposed mining project is currently being
guided through the permitting process by the Company and its permitting consultants. The La Fortuna
open pit gold project in Durango (100%-owned) has a positive, robust PEA completed, and the main
Federal permits are in place. Minera Alamos is built around its operating team that together brought
three open pit heap leach gold mines into successful production in Mexico over the last 14 years. The
Company's strategy is to become a leading, Americas-focused intermediate gold producer by growing
production at its Pan Operating Complex and developing its pipeline of high-quality, low-capital projects
while expanding gold resources across its portfolio.
For Further Information Please Contact:
Darren Blasutti, EVP Corporate Development
416-306-0990 ext 208
David Stewart, VP Capital Markets & Strategy
647-294-8361
Website:
www.mineraalamos.com
Caution Regarding Forward-Looking Statements
This press release includes certain "forward-looking information" within the meaning of applicable
Canadian securities legislation. All information herein, other than information of historical fact, constitutes
forward-looking information. Forward-looking information is frequently, but not always, identified by
words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and
similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should"
occur or be achieved. This information is based on information currently available to Minera Alamos and
Minera Alamos provides no assurance that actual results will meet management's expectations.
The forward-looking information is based on assumptions and addresses future events and conditions
that, by their very nature involve inherent risks and uncertainties. Actual results could differ materially from
those currently anticipated in forward-looking information for many reasons. Minera Alamos' financial
condition and prospects could differ materially from those currently anticipated in forward-looking
information for many reasons such as: an inability to receive requisite permits for mine operation,
exploration or expansion; an inability to finance and/or complete updated resource and reserve
estimates and technical reports which support 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 press 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 information. There can be no guarantees that the sale of Shares described herein will be
completed. These and other factors should be considered carefully, and readers should not place undue
reliance on Minera Alamos' forward-looking information. Minera Alamos does not undertake to update
any forward-looking information 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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/281909