Alphamin Resources Corp.

FY2022 DIVIDEND MAURITIUS - January 30, 2023 - Alphamin Resources Corp. , a producer of 4% of the world's mined tin1 from its high grade operation in the Democratic Republic of Congo, is pleased to provide the following update for the year and quarter ended December 2022: Record FY2022 tin production of 12,493 tonnes, up 14% from the prior year Q4 tin production of 3,113 tonnes exceeds market guidance of 3,000 tonnes [...]

Alphamin Resources Corp. announced today changes to its board of directors and to the board of the Company's major operating subsidiary, Alphamin Bisie Mining . Mr. Jan Trouw , the on-mine Managing Director of the Company's 84% subsidiary, ABM, has elected to retire from full time employment effective 31 December 2022. Mr Trouw will continue with ABM in a part-time consulting role providing oversight and advisory services [...]

Alphamin Resources announced today that, subject to regulatory approval, it has awarded stock options and SAR Equivalent Shares pursuant to its Omnibus Incentive Plan. The Company has granted stock options to acquire an aggregate of 6,100,000 common shares to employees and a director of an Alphamin subsidiary, with each option exercisable for a seven year term to acquire one common share at a price of C$0.68 per share [...]

Alphamin Resources Corp. , a producer of 4% of the world's mined tin1 from its high grade operation in the Democratic Republic of Congo, is pleased to provide the following operational update for the quarter ended September 2022: Q3 tin production of 3,139 tonnes exceeds market guidance of 3,000 tonnes Q3 EBITDA4 estimate of US$30.1m represents a 44% EBITDA margin3,4 at a tin price of US$22,011/t AISC4 per tonne of tin [...]

Alphamin Resources is pleased to announce updated Mineral Resource and Mineral Reserve estimates along with an updated life of mine schedule for the Mpama North Mine. The updated LoM schedule shows: replacement of contained tin depleted over the past 2.5 years; contained tin inventory over LoM of 154.5kt at 30 June 2022. The updated Resource shows: 155.7kt and 41.2kt tin contained (which includes mineral reserves) at 30 [...]

In the news release issued earlier there was an error. In relation to the dividend declared on 5 July 2022, the dividend record date should have read 22 July 2022, and not 29 July 2022. Please find below the complete and corrected news release. Alphamin Resources is pleased to provide the following operational update for the quarter ended June 2022: Record quarterly tin production of 3,180 tonnes. Q2 EBITDA3 of US$67m [...]

Alphamin Resources is pleased to provide the following operational update for the quarter ended June 2022: Record quarterly tin production of 3,180 tonnes. Q2 EBITDA3 of US$67m. Interim dividend for FY2022 of CAD$0.03 per share declared on 5 July 2022. Operational and Financial Summary for the Quarter ended June 20222. Contained tin production of 3,180 tonnes represents a quarterly record, 4% above the previous quarter [...]

Alphamin Resources is pleased to provide the following operational update for the quarter ended June 2022: Record quarterly tin production of 3,180 tonnes. Q2 EBITDA4 guidance of US$66.5m. Interim dividend for FY2022 of CAD$0.03 per share declared. Contained tin production of 3,180 tonnes represents a quarterly record, 4% above the previous quarter. Underground mining and processing plant recoveries were in line with [...]

Alphamin Resources commented on the recent closure of the Bunagana border post with Uganda, located 60km north-east of Goma, the capital of the North-Kivu province of the DRC, which has been closed following recent clashes between rebels and DRC government forces in the area. The recent closure of the Bunagana border post has no impact on the Company’s operations. All Alphamin exports cross the Aru and Mahagi border posts [...]

Alphamin Resources is pleased to announce an updated Mpama South Mineral Resource estimate. Mpama South updated Inferred Resource up 46% to 4.99Mt based on assays from 22 additional extensional drillholes. Mpama South Mineral Resource now stands at: 0.84Mt @ 2.53% Sn for 21.4kt contained tin in the Indicated category; and 4.99Mt @ 2.50% Sn for 124.7kt contained tin in the Inferred category.