Alphamin Announces Priv Ate Placement
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News Release 2013-15
ALPHAMIN ANNOUNCES PRIVATE PLACEMENT
VANCOUVER, CANADA – October 7, 2013 – Alphamin Resources Corp. (AFM: TSXV, “Alphamin” or the “Company”) is pleased to announce a non-brokered private placement (the “Private Placement”) of 16,666,666 units (“Units”) at $0.12 per Unit. Each Unit will consist of one common share of the Company and one warrant, each warrant entitling the holder to purchase one additional common share at a price of $0.15 until July 7, 2014. The Private Placement is subject to TSX Venture Exchange approval. Placement fees are payable with respect to some or all of the investments.
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
“Cosme M. Beccar Varela”
Cosme M. Beccar Varela, President Chief Executive Officer
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.
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.