Aldridge Minerals Inc. Retains Renmark Financial Communications Inc.

TORONTO, July 19, 2011 /CNW/ --
/Not for dissemination in the United States or through U.S. newswires/

www.aldridgeminerals.ca     TSX-V: AGM

                                                                                   Frankfurt:
                                                                                   AIW

TORONTO, July 19, 2011 /CNW/ - Aldridge Minerals Inc. (TSXV: AGM) ('Aldridge' or the 'Company') is pleased to announce that it has
retained the services of Renmark Financial Communications Inc.
('Renmark') to support its investor relations activities.

'We are pleased to announce that we have selected Renmark to reinforce
Aldridge's profile in the financial community and enhance the
visibility of our project portfolio,' noted Jacob Willoughby, President
and Director of Aldridge.

In consideration of the services to be provided, the Company has agreed
to a 12-month agreement commencing August 1, 2011 to pay a monthly
retainer of $7,000 per month to Renmark.

Renmark does not have any interest, directly or indirectly, in Aldridge
or its securities, or any right or intent to acquire such an interest.

About Aldridge Minerals Inc.

Aldridge is focused on mineral opportunities in Turkey where the Company
is advancing to feasibility on an ambitious development program at its
flagship Yenipazar polymetallic VMS deposit. Aldridge also holds a 338
square kilometre exploration license in Papua New Guinea where a
systematic exploration program is underway.

The Yenipazar deposit is subject to an earn-in agreement with Alacer
Gold Corp., wherein Aldridge can earn a 100% working interest subject
to certain conditions, subject to a 6 % net proceeds interest ('NPI',
revenues less operational costs) until revenues of US$ 165 million are
generated, and a 10 % NPI from there on.

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 release.

Caution Regarding Forward-Looking Information

This news release includes certain forward-looking statements within the
meaning of Canadian securities laws. Forward-looking statements involve
risks, uncertainties and other factors that could cause actual results,
performance, prospects and opportunities to differ materially from
those expressed in such forward-looking statements. Forward-looking
statements in this news release, include, but are not limited to,
economic performance and future plans and objectives of the Company.
Any number of important factors could cause actual results to differ
materially from these forward-looking statements as well as future
results. Although Aldridge believes that the assumptions and factors
used in making the forward-looking statements are reasonable, undue
reliance should not be placed on these statements, which only apply as
of the date of this news release, and no assurance can be given that
such events will occur in the disclosed timeframes or at all. Aldridge
disclaims any intention or obligation to update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise.

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/July2011/19/c6340.html