Minera Alamos Inc. Announces Results of Annual and Special Meeting of Shareholders
Minera Alamos Inc. Announces Results of
Annual and Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - July 18, 2025) -
Minera Alamos Inc. (TSXV: MAI) (the
"Company" or "Minera Alamos")
is pleased to announce the results of voting at its Annual General
and Special Meeting of Shareholders ("AGM") held Wednesday, July 16, 2025 in Toronto, Canada.
Shareholders voted overwhelmingly in favour of all items put forward by the Board of Directors and
Management. All five of the individuals nominated for the board of directors, namely Darren Koningen,
Doug Ramshaw, Bruce Durham, Ruben Padilla and Kevin Small received the support of the Company's
shareholders to continue in their roles for the forthcoming year.
Subsequent to the meeting, the board of
directors appointed Bruce Durham as Lead Director.
A total of 233,846,881 Minera Alamos common shares were voted, representing 40% of total shares
issued and outstanding as at the record date of the meeting.
For Further Information Please Contact:
Minera Alamos Inc.
Doug Ramshaw, President
Tel: 604-600-4423
Email:
Website:
www.mineraalamos.com
Victoria Vargas de Szarzynski, VP Investor Relations
Tel: 289-242-3599
Email:
About Minera Alamos Inc.
Minera Alamos is a gold production and development Company. The Company has a portfolio of high-
quality Mexican assets, including the 100%-owned Santana open-pit, heap-leach mine in Sonora that is
currently going through the start-up of operations at the new Nicho Main deposit. The 100%-owned Cerro
de Oro oxide gold project in northern Zacatecas has considerable past drilling and metallurgical work
completed and the proposed mining project is currently being guided through the permitting process by
the Company's permitting consultants. The La Fortuna open pit gold project in Durango (100%-owned)
has a positive, robust preliminary economic assessment (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. Minera Alamos
also wholly-owns the Copperstone mine and associated infrastructure in La Paz Country, Arizona, an
advanced development asset with a permitted plan of operations that can be developed in parallel with
planned project advancements in Mexico.
The Company's strategy is to develop very low capex assets while expanding the projects' resources
and continuing to pursue complementary strategic acquisitions.
Caution Regarding Forward-Looking Information
This news 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.
Forward-looking information in this news release includes, but is not limited to, the extension of the
deadline by which certain conditions under the Loan Agreement would be satisfied; statements
concerning future exploration plans at the Company's mineral projects; the Company's proposed
business strategy; and the development and condition of the Company's mining assets. 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 relating to, among other things, results
of exploration, the economics of processing methods, project development, reclamation and capital
costs of Minera Alamos' mineral properties, and 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 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 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 information. 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.
The Company does not have a feasibility study of mineral reserves, demonstrating economic and
technical viability for the Santana project, and, as a result, there may be an increased uncertainty of
achieving any particular level of recovery of minerals or the cost of such recovery, including increased
risks associated with developing a commercially mineable deposit. Historically, such projects have a
much higher risk of economic and technical failure.
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/259351