VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 27, 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") is pleased to announce a non-brokered private placement of up to 25,000,000 common shares ("Shares") of the Company at a price of $0.20 per Share, to raise gross proceeds of up to $5,000,000. This private placement is subject to Exchange approval.
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.