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Alphamin Announces Changes to the Board of Directors

26.02.2014  |  Marketwire

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 26, 2014) - Alphamin Resources Corp. (TSX VENTURE:AFM), "Alphamin" or the "Company") is pleased to announce the appointment of Mr Brendon Jones and Mr Rudolf Pretorius to the board of Alphamin. The appointment of the two directors, namely Mr Jones and Mr Pretorius is a condition of the private placement closed with Tremont Master Holdings announced on 27th December 2013. The Board is delighted to have Mr Jones and Mr Pretorius join the Board who will both add significant value to the direction of the company.

In order to accommodate the appointments of the two TMH directors, CEO and President Mr Klaus Eckhof and Director Mr Cosme Varela have tendered their resignations. Mr Eckhof joined the Board in November 2013 to promote and ensure the Company was properly funded. Under his guidance the Company closed the placement with TMH and is well known in the international markets.

Mr Varela joined the Board of Directors in 1997 and the Company would like to thank both Mr Eckhof and Mr Varela for their dedication and commitment to the Company during their term with the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross Doyle, CFO

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.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

Information in this news release that is not a statement of historical fact constitutes forward-looking information. Such forward-looking information includes statements regarding the Company's planned exploration programs. Actual results, performance or achievements of the Company may vary from the results suggested by such forward-looking statements due to known and unknown risks, uncertainties and other factors. Such factors include, among others, that the business of exploration for tin and other precious and base minerals involves a high degree of risk and is highly speculative in nature; few properties that are explored are ultimately developed into producing mines; geological factors; the actual results of current and future exploration; changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company's publicly filed documents.

There can be no assurance that any mineralisation that is discovered will be proven to be economic, or that future required regulatory licensing or approvals will be obtained. However, the Company believes that the assumptions and expectations reflected in the forward-looking information are reasonable. Assumptions have been made regarding, among other things, the Company's ability to carry on its exploration activities, the sufficiency of funding, the timely receipt of required approvals, the price of tin and other precious and base metals, that the Company will not be affected by adverse political events, the ability of the Company to operate in a safe, efficient and effective manner and the ability of the Company to obtain further financing as and when required and on reasonable terms. Readers should not place undue reliance on forward-looking information.

Alphamin does not undertake to update any forward-looking information, except as required by applicable laws.


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