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Press release from Marketwire

Alphamin Closes Private Placement

Wednesday, April 03, 2013

Alphamin Closes Private Placement

15:36 EDT Wednesday, April 03, 2013

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 3, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Alphamin Resources Corp. (TSX VENTURE:AFM) (the "Company") wishes to announce that it has closed its non-brokered private placement announced February 27, 2013 and updated on March 11, 2013. 27,150,000 common shares (the "Shares") were sold at a price of $0.20 per Share to raise aggregate gross proceeds of $5,430,000. A finder's fee of $32,250 has been paid.

All securities are subject to a hold period expiring on August 4, 2013. The Company intends to use the proceeds from the private placement for the exploration and development of its mineral properties in the Democratic Republic of the Congo and for general working capital purposes.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross Doyle, Chief Financial Officer

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and may not be offered or sold within the United States (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

FOR FURTHER INFORMATION PLEASE CONTACT:

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.

Contact Information:
Alphamin Resources Corp.
Level 3, Gotthardstrasse 20, CH-6304
Zug, Switzerland
+41 41 711 02 81
www.alphaminresources.com

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