Alphamin has appointed Mr. Raza Khan to the Board as an additional director and filed its Q2 2026 unaudited condensed consolidated financial statements and MD&A on SEDAR+ and the JSE.

MAURITIUS – July 30, 2026 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) (“Alphamin” or the “Company”) announced today the appointment of a new director and the filing of its unaudited condensed consolidated financial statements and accompanying Management’s Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2026 on SEDAR+ at www.sedarplus.ca.
Financial Statements → https://www.alphaminresources.com/wp-content/uploads/2026/07/5.1-Alpha_Financials_June2026final.pdf
MD&A → https://www.alphaminresources.com/wp-content/uploads/2026/07/5.2-MDA_2026_Q2_final.pdf

Appointment of director

Subject to regulatory approval, Mr. Raza Khan has today been appointed to the Board as an additional director bringing the total number of directors of the Company to 9. Mr. Khan is a metals and mining executive with over 15 years of international experience and currently serves as the Head of Mergers & Acquisitions at International Resources Holding (who holds a 56% interest in the Company through its subsidiary, Alpha Mining Ltd). The Board welcomes Mr. Khan and looks forward to benefiting from his extensive experience in the metals and mining sector.

FOR MORE INFORMATION, PLEASE CONTACT:

Eoin O’Driscoll
CEO
Alphamin Resources Corp.
Tel: +230 269 4166
E-mail: eoin.odriscoll@alphaminresources.com

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.

Sponsor

Nedbank Corporate and Investment Banking, a division of Nedbank Limited

MAURITIUS – July 13, 2026 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”), is pleased to provide the following update for the quarter ended June 30, 2026:

• Record EBITDA^{2, 3} guidance of US$167m, up 6% from the prior quarter
• Tin production of 5,013 tonnes and 5,014 tonnes of Tin sold
• Exploration update

Please click the link below to download the full news release:

ALPHAMIN ANNOUNCES RECORD Q2 EBITDA GUIDANCE OF US$167 MILLION / EXPLORATION UPDATE

Alphamin has declared a Final FY2025 cash dividend of CAD$0.13 per share (approximately US$122 million) and filed its Q1 2026 unaudited condensed consolidated financial statements and MD&A on SEDAR+ and the JSE. Payment date: 5 June 2026

MAURITIUS – April 29, 2026 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) (“Alphamin” or the “Company”) announced today a Final FY2025 dividend and the filing of its unaudited condensed consolidated financial statements and accompanying Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2026 on SEDAR+ at www.sedarplus.ca.

• Download Q1 2026 Financial Statements (PDF)
• Download Q1 2026 MD&A (PDF)

Final FY2025 Dividend Declared

The Board has declared a Final FY2025 cash dividend of CAD$0.13 per share on the common shares (approximately US$122 million in the aggregate) (the “Dividend”). The Dividend will be payable on June 5, 2026 to shareholders of record as of the close of business on May 22, 2026. The Dividend equates to Zac157.17260 cents per Alphamin share (based on an exchange rate of CAD$1.00 = ZAR12.0902 as at Tuesday, 28 April 2026).

For holders of Alphamin shares in South Africa, the salient dates of the Dividend on the JSE Limited (“JSE”) are:

Share certificates on the South African branch register may not be rematerialised or dematerialised between Wednesday, 20 May 2026 and Friday, 22 May 2026, both days inclusive, nor may transfer between the Canadian share register and the South African share register take place between Wednesday, 20 May 2026 and Friday, 22 May 2026, both days inclusive.

In accordance with the JSE Listings Requirements, the following additional information is disclosed for South African resident shareholders:

1. the Dividend has been declared out of income reserves and is being sourced from the Republic of Mauritius;
2. the Dividend is regarded as a “foreign dividend” (as defined in the South African Income Tax Act No. 58 of 1962) for South African resident shareholders holding shares on the South African register;
3. Alphamin has no tax registration in South Africa;
4. the local dividend tax (“Dividend Tax”) rate is 20%, resulting in a gross Dividend of CAD$0.13 (Zac157.17260) and a net Dividend amount of CAD$0.104 (Zac125.73808) for South African shareholders who are not exempt from paying Dividend Tax;
5. Alphamin has 1 282 642 479 shares in issue; and
6. Alphamin shareholders who are in doubt as to their tax status or position, including any exchange control requirements, should consult an appropriate independent professional advisor in their relevant jurisdiction without delay.

FOR MORE INFORMATION, PLEASE CONTACT:

Eoin O’Driscoll
CEO
Alphamin Resources Corp.
Tel: +230 269 4166
E-mail: eoin.odriscoll@alphaminresources.com

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.

Sponsor

Nedbank Corporate and Investment Banking, a division of Nedbank Limited

MAURITIUS – April 9, 2026 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”), is pleased to provide the following update for the quarter ended 31 March 2026:

• Record EBITDA^{2, 3} guidance of US$158m, up 46% from the prior quarter
• Tin production of 5,026 tonnes, 5,016 tonnes of Tin sold
• Net cash increase of US$128m
• Exploration update

Please click the link below to download the full news release:

ALPHAMIN ANNOUNCES RECORD Q1 EBITDA GUIDANCE OF US$158 MILLION/ EXPLORATION UPDATE

MAURITIUS – March 11, 2026 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)(“Alphamin” or the “Company”) is pleased to provide the following update for the year andquarter ended 31 December 2025:

• FY2025 tin production of 18,576 tonnes, up 7% from the prior year
• Q4 2025 tin production of 5,008 tonnes (Q3: 5,190 tonnes)
• FY2025 EBITDA² of US$341m, an increase of 25% from FY2024 at a tin price of US$34,373/t (Current price: ~US$50,000/t)
• Q4 2025 EBITDA² of US$108m, up 13% from the prior quarter
• FY2026 contained tin production guidance of approximately 20,000 tonnes
• Exploration campaign progressing

Operational and Financial Summary for the Year and Quarter ended December 2025¹

¹Information is disclosed on a 100% basis. Alphamin indirectly owns 84.14% of its operating subsidiary to which the information relates.

²This is not a standardized financial measure and may not be comparable to similar financial measures of other issuers.See “Use of Non-IFRS Financial Measures” below for the composition and calculation of this financial measure.

Operational and Financial Performance

Contained tin production of 5,008 tonnes for the quarter ended December 2025 was in line with the targeted quarterly production of 5,000 tonnes and 4% lower than the prior quarter. The tin grade of ore processed for the quarter was higher than planned and, as a result, throughput was reduced to balance contained tin in the plant. The processing facilities achieved recoveries of 73% for the quarter, below the target of 75% and impacted by higher than usual feed grade fluctuations.

For the year ended 31 December 2025, the Company produced 18,576 tonnes of contained tin, substantially in line with revised guidance (18,000 – 18,500 tonnes) and 7% above that of the previous year. Overall processing recoveries for the financial year were in line with target at 75%. FY2025 tin production was impacted by the temporary cessation of operations related to security concerns in March 2025 and the phased restart from 15 April 2025. The Company achieved a pro-forma annualised run-rate of approximately 20,000 tonnes contained tin produced during FY2025 when adjusted for the period during which operations were temporarily ceased.

Tin sales volumes for Q4 2025 and FY2025 were 5,045 tonnes and 18,638 tonnes, respectively, in line with production.

Q4 2025 AISC per tonne of tin sold was US$16,815 at 5% above the prior quarter’s AISC of US$15,978, primarily due to an increase in the diesel prices due to additional taxes imposed by the DRC government and an increase in marketing fees, which increase from 2.25% to 3.35% above a $40,000 tin price. The Q4 2025 tin price achieved of US$37,995/t was 12% higher than the previous quarter. The current tin price is trading at approximately US$50,000/t – for illustrative purposes, at this higher tin price off-mine costs are expected to increase by ~US$1,500/t net of lower 2026 smelter charges.

EBITDA for the year ended 31 December 2025 increased by 25% to US$341m (FY2024: US$274m) due to higher tin production and sales volumes which included a full year from the Mpama South expansion which was completed mid 2024 as well as a 13% increase in the average tin price to US$34,373/t (current tin price: ~US$50,000/t). The Q4 2025 EBITDA of US$108m is 13% above that of the previous quarter mainly due to a 12% higher tin price achieved.

The Company had US$56m in cash at 31 December 2025 (prior year: US$30m) after debt reduction and service costs of US$45m, DRC tax payments of US$106m and total FY2025 dividend payments of US$123m. The current tin price and continued steady production bode well for increased cash flow generation and the potential for higher dividends to shareholders. During FY2025, Alphamin Resources declared dividends totalling CAD$0.11 per share compared to CAD$0.09 in FY2024. The next dividend decision is targeted for the end of April 2026 following finalisation and approval of the Company and its DRC operating subsidiary’s audited financial statements for the year ended December 2025.

Production guidance for the year ending December 2026

Production guidance for the year ending December 2026 is approximately 20,000 tonnes of contained tin (FY2025: 18,576 tonnes).

Exploration update

Alphamin’s exploration strategy is built on three key objectives:

1. Expand the Mpama North and Mpama South resource base to extend mine life.
2. Discover the next tin deposit near the Bisie mine.
3. Continue grassroots exploration across our large, highly prospective land package.

The Company has hired Mr Jamie Anderson as its Head of Exploration effective 01 March 2026. Jamie spearheaded the Mpama North drilling campaigns from the initial exploration in 2012 through to 2018, as well as the Mpama South drilling from 2020 to 2021.

Alphamin is investigating implementing downhole electromagnetic (EM) surveys to use the apparent spatial association between massive sulphide mineralisation, that typically occurs in the hanging wall, and tin mineralisation in order to locate resource extension drilling targets.

In order to advance its regional exploration initiatives, a VTEM (Versatile Time Domain Electromagnetic) survey, which is an airborne geophysical survey method, is planned for the entire license package area which will commence at the end of March 2026, with a view to identifying additional exploration/drill targets.

The Company currently has three drill rigs operating at site with a fourth scheduled to commence drilling in mid-March. The Company plans to execute a substantial drilling campaign throughout 2026.

Security Risk

The Company continuously monitors the security situation. At this time, the Company continues to operate within guidance parameters. As a result of the ongoing security risks in the area, the operating risk profile remains elevated and a sustained advance closer to the mine location could result in mining operations being affected. The safety of the Company’s employees and contractors and compliance with the DRC and international laws remains our committed focus.

Award of Stock Options and Share Appreciation Right Equivalent Shares

On March 11, 2026, the Company awarded, subject to regulatory approval, stock options and SAR Equivalent Shares pursuant to its Omnibus Incentive Plan. The Company has granted stock options to acquire an aggregate of 4,100,000 common shares to employees and directors of an Alphamin subsidiary, with each option exercisable for a seven-year term to acquire one common share at a price of C$1.26 per share. 3,300,000 of the options granted vest over a two-year period from the date of grant. 800,000 of the options granted vest over a three-year period from the date of grant.

The Company also authorized the issuance of 1,683,000 SAR Equivalent Shares (“SARES”) to two senior officers of the Company. The SARES are functionally equivalent to stock appreciation rights however, any entitlements are satisfied by dividend payments on the SARES. The reference price for the SARES awarded is C$1.26 and dividends shall be payable on the SARES (to the extent that they are “in-the-money”) on the first, second and third anniversaries of the date of award.

Qualified Persons

Mr. Clive Brown, Pr. Eng., B.Sc. Engineering (Mining), is a qualified person (QP) as defined in National Instrument 43-101 and has reviewed and approved the scientific and technical information contained in this news release other than in the section “Exploration update”. He is a Principal Consultant and Director of Bara Consulting Pty Limited, an independent technical consultant to the Company.

Mr. Jeremy Witley, Pr. Sci. Nat., BSc. (Hons) Mining Geology, MSc (Eng), is a qualified person (QP) as defined in National Instrument 43-101 and has reviewed and approved the scientific and technical information contained in the section “Exploration update”. He is Head of Mineral Resources at the MSA Group (Pty) Ltd and is an independent technical consultant to the Company.

FOR MORE INFORMATION, PLEASE CONTACT:

Eoin O’Driscoll
CEO
Alphamin Resources Corp.
Tel: +230 269 4166
E-mail: eoin.odriscoll@alphaminresources.com

CAUTION REGARDING FORWARD LOOKING STATEMENTS

Information in this news release that is not a statement of historical fact constitutes forward-looking information. Forward-looking statements contained herein include, without limitation; guidance for contained tin production for the year ending 31 December 2026, the impact of a higher tin price on AISC, the expected timing regarding the next dividend assessment and anticipated exploration activities. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Although Alphamin has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to: the availability of ore at expected quantities and grades, uninterrupted processing of ore at targeted processing recoveries, uncertainties regarding global supply and demand for tin and market and sales prices together with the impact of reported and unreported global tin stocks on the tin price, uncertainties with respect to social, community, environmental and safety impacts, uninterupted access to required infrastructure and third party service providers, uncertainties regarding the state of inbound and outbound roads and truck availabilities impacting sales and the availability of spares and consumables, adverse political events and risks of security related incidents or security threats which may impact the ongoing operation or safety of its people, uncertainties regarding the legislative and permitting requirements in the Democratic Republic of the Congo which may result in unexpected fines and penalties or the ability to continue with normal operations, impacts of the global Covid-19 pandemic or other health crises on mining operations and commodity prices as well as those risk factors set out in the Company’s most recent annual Management Discussion and Analysis and other disclosure documents available under the Company’s profile at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this news release and Alphamin disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

 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.

USE OF NON-IFRS FINANCIAL PERFORMANCE MEASURES

This announcement refers to the following non-IFRS financial performance measures:

EBITDA

EBITDA is profit before net finance expense, income taxes and depreciation, depletion, and amortization. EBITDA provides insight into our overall business performance (a combination of cost management and growth) and is the corresponding flow driver towards the objective of achieving industry-leading returns. This measure assists readers in understanding the ongoing cash generating potential of the business including liquidity to fund working capital, servicing debt, and funding capital and exploration expenditures and investment opportunities.

This measure is not recognized under IFRS as it does not have any standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to similar measures presented by other issuers. EBITDA data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

CASH COSTS

This measures the cash costs to produce and sell a tonne of contained tin. This measure includes mine operating production expenses such as mining, processing, administration, indirect charges (including surface maintenance and camp and head office costs), and smelting, refining and freight, distribution and royalties. Cash costs do not include depreciation, depletion, and amortization, reclamation expenses, capital sustaining, borrowing costs and exploration expenses. On mine costs, exclusive of stock movement, are calculated on a cost per tonne produced basis, off mine costs are calculated on a cost per tonne sold basis.

AISC

This measures the cash costs to produce and sell a tonne of contained tin plus the capital sustaining costs to maintain the mine, processing plant and infrastructure. This measure includes the Cash Cost per tonne and capital sustaining costs together divided by tonnes of contained tin produced. All-In Sustaining Cost per tonne does not include depreciation, depletion, and amortization, reclamation, borrowing costs, foreign exchange gains and losses, exploration expenses and expansion capital expenditures.

Sustaining capital expenditures are defined as those expenditures which do not increase payable mineral production at a mine site and excludes all expenditures at the Company’s projects and certain expenditures at the Company’s operating sites which are deemed expansionary in nature.

MAURITIUS – January 19, 2026 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”) is pleased to provide the following update for the year and quarter ended 31 December 2025:

• FY2025 tin production of 18,576 tonnes, up 7% from the prior year
• Q4 tin production of 5,008 tonnes (Q3: 5,190 tonnes)
• FY2025 EBITDA^2,3 guidance of US$341m, an estimated increase of 25% from actual FY2024 at a tin price of US$34,388/t (Current price: US$48,000/t)
• Q4 EBITDA^2,3 guidance of US$108m, up 13% from the prior quarter’s actual
• FY2026 contained tin production guidance of approximately 20,000 tonnes
• Exploration campaign progressing
• Retirement of CEO and appointment of new CEO and CFO

Operational and Financial Summary for the Year and Quarter ended December 2

__________________________________________________________________________________________

¹Information is disclosed on a 100% basis. Alphamin indirectly owns 84.14% of its operating subsidiary to which the information relates. ²FY2025 and Q4 2025 EBITDA and AISC represent management’s guidance. ³This is not a standardized financial measure and may not be comparable to similar financial measures of other issuers.See “Use of Non-IFRS Financial Measures” below for the composition and calculation of this financial measure.

Operational and Financial Performance

 Contained tin production of 5,008 tonnes for the quarter ended December 2025 was in line with the targeted quarterly production of 5,000 tonnes and 4% lower than the prior quarter. The tin grade of ore processed was higher than planned and, as a result, throughput was reduced to balance contained tin in the plant. The processing facilities achieved recoveries of 73%, below the target of 75% and negatively impacted by higher than usual feed grade fluctuations.

For the year ended 31 December 2025, the Company produced 18,576 tonnes of contained tin, substantially in line with revised guidance (18,000 – 18,500 tonnes) and 7% above that of the previous year. Overall processing recoveries for the financial year were exceptional at 75%. FY2025 tin production was negatively impacted by the temporary cessation of operations related to security concerns in March 2025 and the phased restart from 15 April 2025. The Company achieved an annualised run-rate of approximately 20,000 tonnes contained tin produced during FY2025 when adjusted for the period during which operations were temporarily ceased.

EBITDA for the year ended 31 December 2025 is estimated to increase by 25% to US$341m (FY2024 actual: US$274m) due to higher tin production and sales volumes following the Mpama South expansion completed mid 2024 as well as a 13% increase in the average tin price to US$34,388/t (current tin price: US$48,000/t). The Q4 EBITDA guidance of US$108m is 13% higher than the actual of the previous quarter mainly due to an increase in the average tin price achieved.

The Company had US$56m in cash at 31 December 2025 (prior year: US$30m) after debt reduction and service costs of US$45m, DRC tax payments of US$106m and total FY2025 dividend payments of US$123m. The current tin price and continued steady production bode well for increased cash flow generation and the potential for higher dividends to shareholders. During FY2025, Alphamin Resources declared dividends totalling C$0.11 per share compared to C$0.09 in FY2024. The next dividend decision is targeted for April 2026 following finalisation and approval of the Company and its DRC operating subsidiary’s audited financial statements for the year ended December 2025.

Alphamin’s audited consolidated financial statements and accompanying Management’s Discussion and Analysis for the year and quarter ended 31 December 2025 are expected to be released on or about March 12, 2026.

Production guidance for the year ending December 2026

Production guidance for the year ending December 2026 is approximately 20,000 tonnes of contained tin (FY2025: 18,576 tonnes).

Exploration update

Alphamin’s exploration strategy is built on three key objectives:

1. Expand the Mpama North and Mpama South resource base to extend mine life.
2. Discover the next tin deposit near the Bisie mine.
3. Continue grassroots exploration across our large, highly prospective land package.

Exploration drilling at Mpama North and Mpama South re-commenced during Q4 2024. The Company increased the number of surface drill rigs at Mpama South from one to two during Q3 2025 and added a second rig at Mpama North from Q4 2025. Despite this increase in mobilised rigs the meters drilled disappointed at 2,811 against a target of 4,500 due to contractor operational issues and challenging geological formations. The Company has hired Mr. Jamie Anderson as its head of exploration effective 1 March 2026 – he spearheaded the Mpama North drilling campaigns during 2012-2018 and the initial Mpama South campaigns during 2020-2021.

Since the end of Q3 2025, three holes were completed, two at Mpama North and one at Mpama South. No visible tin mineralization was observed. Details of drillhole outcomes from the drilling campaign which started in Q4 2024 are set out in Appendix 1.

Directional drilling technology was introduced during late December 2025 to improve drilling accuracy at depth and enable multiple deflections from a primary hole. Following initial teething issues the recently completed hole at Mpama North was successfully directed through this technology and the second Mpama North hole was also successfully deflected and nearing its targeted intercept point.

Alphamin is investigating implementing downhole electromagnetic (EM) surveys to use the apparent spatial association between massive sulphide mineralisation, that typically occurs in the hangingwall, and tin mineralisation. It has been noted that in drillhole MND055D1_T3 no massive sulphide or visible tin mineralisation was intersected by the drillhole, and off-hole EM anomalies close to the barren drillhole may form targets for directional deflection drilling.

Security Risk

As announced on 7 October 2025, the Company continues to note an increased number of security events on the border line between the Massisi and Walikale territories in the North Kivu province of the DRC. The Company’s mine is located in a remote area approximately 200 kilometers away and transit routes are not near any of the affected areas. At this time, the Company continues to operate within guidance parameters. As a result of the ongoing security risks in the area, the operating risk profile remains elevated and a sustained advance closer to the mine location could result in mining operations being affected. The safety of the Company’s employees and contractors and compliance with the DRC and international laws remains our committed focus.

Retirement of Chief Executive Officer (CEO) and Appointment of CEO and CFO

The Company’s CEO, Mr. Maritz Smith, has informed the Board of his intention to retire from the role after more than six years of dedicated leadership. Mr. Eoin O’Driscoll, the Company’s CFO, has accepted an offer from the Board to replace Mr. Smith as CEO effective 1 March 2026. Mr. JP van Staden, who previously served as the CFO of the Company’s operating subsidiary in the DRC, Alphamin Bisie Mining, whereafter he joined Kamoa Copper, has accepted an offer as CFO of the Company effective 1 March 2026, subject to regulatory approval. Mr. Smith will continue in an advisory role until 30 April 2026 to support the new management team and ensure an orderly and smooth transition.

Since joining Alphamin Resources as CEO in 2019, Mr. Smith has built and led a highly capable team that has delivered consistent operational excellence and achieved significant production growth through successful exploration, the development of the Mpama South mine and various debottlenecking initiatives. During his tenure, the Company has fostered a culture of collaboration, accountability and innovation that will endure well beyond his departure. The Board respects Mr Smith’s desire to retire from the role and to take time to reflect on the next phase of his life and wishes to thank him for his invaluable contributions to the Company’s success.

Mr. O’Driscoll (43), a Fellow of Chartered Accountants Ireland, joined the Company in 2015 as CFO. He has been instrumental to the Company’s success over the last 11 years and worked closely with the CEO in all significant matters with professionalism and sound judgement. He is well respected within the Alphamin Group and together with the Company’s existing senior people structures, including consulting roles by Company stalwarts Dennis Cooke (Processing) and Jan Trouw (Mining), is well set to continue with the Company’s operational excellence and growth initiatives.

Mr. van Staden (53) is a seasoned financial professional with 31 years of finance and mining industry experience, including 15 years as a Partner at PricewaterhouseCoopers (PwC) where he advised and served a diverse portfolio of multinational listed mining and industrial services companies. He is a Chartered Accountant (CA(SA)) with a passion for the mining industry. Mr van Staden was the site-based CFO of Alphamin Bisie Mining in the DRC and most recently served in a commercial role at Kamoa Copper.

The Board intends to appoint a dedicated investor relations officer to take responsibility for its investor relations activities and an announcement in that regard will be made in due course.

Qualified Persons

Mr. Clive Brown, Pr. Eng., B.Sc. Engineering (Mining), is a qualified person (QP) as defined in National Instrument 43-101 and has reviewed and approved the scientific and technical information contained in this news release other than in the section “Exploration update” and Appendix 1. He is a Principal Consultant and Director of Bara Consulting Pty Limited, an independent technical consultant to the Company.

_________________________________________________________________________________________

 FOR MORE INFORMATION, PLEASE CONTACT:

Charles Needham                                        

Chairman

Alphamin Resources Corp.

Tel: +230 269 4166

E-mail: msmith@alphaminresources.com

 Maritz Smith                                     

CEO

Alphamin Resources Corp.

Tel: +230 269 4166

E-mail: msmith@alphaminresources.com

CAUTION REGARDING FORWARD LOOKING STATEMENTS

Information in this news release that is not a statement of historical fact constitutes forward-looking information. Forward-looking statements contained herein include, without limitation, statements relating to EBITDA and AISC guidance for Q4 2025 and FY2025; guidance for contained tin production for the year ending 31 December 2026, the impact of a higher tin price on AISC, the expected timing regarding the next dividend assessment, the timing for announced  senior management changes, the intention to appoint a dedicated investor relations officer, expected timing for the release of financial results for the year and quarter ended 31 December 2025, and anticipated exploration activities. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Although Alphamin has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to: the availability of ore at expected quantities and grades, uninterrupted processing of ore at targeted processing recoveries, uncertainties regarding global supply and demand for tin and market and sales prices together with the impact of reported and unreported global tin stocks on the tin price, uncertainties with respect to social, community, environmental and safety impacts, uninterupted access to required infrastructure and third party service providers, uncertainties regarding the state of inbound and outbound roads and truck availabilities impacting sales and the availability of spares and consumables, adverse political events and risks of security related incidents or security threats which may impact the ongoing operation or safety of its people, uncertainties regarding the legislative and permitting requirements in the Democratic Republic of the Congo which may result in unexpected fines and penalties or the ability to continue with normal operations, impacts of the global Covid-19 pandemic or other health crises on mining operations and commodity prices as well as those risk factors set out in the Company’s most recent annual Management Discussion and Analysis and other disclosure documents available under the Company’s profile at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this news release and Alphamin disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

 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.

 USE OF NON-IFRS FINANCIAL PERFORMANCE MEASURES

This announcement refers to the following non-IFRS financial performance measures:

EBITDA

EBITDA is profit before net finance expense, income taxes and depreciation, depletion, and amortization. EBITDA provides insight into our overall business performance (a combination of cost management and growth) and is the corresponding flow driver towards the objective of achieving industry-leading returns. This measure assists readers in understanding the ongoing cash generating potential of the business including liquidity to fund working capital, servicing debt, and funding capital and exploration expenditures and investment opportunities.

This measure is not recognized under IFRS as it does not have any standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to similar measures presented by other issuers. EBITDA data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

 CASH COSTS

This measures the cash costs to produce and sell a tonne of contained tin. This measure includes mine operating production expenses such as mining, processing, administration, indirect charges (including surface maintenance and camp and head office costs), and smelting, refining and freight, distribution and royalties. Cash costs do not include depreciation, depletion, and amortization, reclamation expenses, capital sustaining, borrowing costs and exploration expenses. On mine costs, exclusive of stock movement, are calculated on a cost per tonne produced basis, off mine costs are calculated on a cost per tonne sold basis.

AISC

This measures the cash costs to produce and sell a tonne of contained tin plus the capital sustaining costs to maintain the mine, processing plant and infrastructure. This measure includes the Cash Cost per tonne and capital sustaining costs together divided by tonnes of contained tin produced. All-In Sustaining Cost per tonne does not include depreciation, depletion, and amortization, reclamation, borrowing costs, foreign exchange gains and losses, exploration expenses and expansion capital expenditures.

Sustaining capital expenditures are defined as those expenditures which do not increase payable mineral production at a mine site and excludes all expenditures at the Company’s projects and certain expenditures at the Company’s operating sites which are deemed expansionary in nature.

 Appendix 1: SIGNIFICANT INTERCEPTS (0.5% Sn lower threshold) of drillholes from October 2024 to present.

 Mpama South Drillholes prefixed “BGH”

Mpama North Underground Drillholes prefixed “MNUD”

Mpama North Surface Drillholes prefixed “MND”

ALPHAMIN ANNOUNCES RESIGNATION OF DIRECTOR 

MAURITIUS – January 5, 2026 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) (the “Company” or “Alphamin”) announced today that Mr. Paul Baloyi has resigned as a director of the Company effective January 31, 2026. Mr. Baloyi has served on the board since April 2017 as an appointee of the Industrial Development Corporation of South Africa Ltd. (IDC) and the board of directors wishes to thank him for his contributions to Alphamin during his tenure.

FOR MORE INFORMATION, PLEASE CONTACT:

Charles Needham                                        

Chairman

Alphamin Resources Corp.

Tel: +230 269 4166

E-mail: msmith@alphaminresources.com

 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.

ALPHAMIN REPORTS FATALITY AT MPAMA SOUTH UNDERGROUND MINE

MAURITIUS – 25 December 2025 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) (the “Company” or “Alphamin”) deeply regrets to report that an employee of operating subsidiary Alphamin Bisie Mining S.A. (“ABM”) was fatally injured at its Mpama South underground mine in east-central Democratic Republic of the Congo.

On 24 December at approximately 18:00 local time, following the scheduled evacuation of the underground areas for the planned night shift blast, an incident occurred involving one of ABM’s employees while in the process of connecting blasting wires. The blast detonated unexpectedly, resulting in fatal injuries to the blaster. The safety and wellbeing of its employees are the Company’s and ABM’s top priority and the Board is deeply saddened by this loss. Alphamin extends its condolences to the grieving family, friends and colleagues of the deceased who have been impacted by this tragic accident.

The relevant authorities were notified and ABM will conduct a thorough investigation to determine the exact cause of the incident. Mining activities were temporarily suspended and have since restarted following a visit from the relevant local authority.

FOR MORE INFORMATION, PLEASE CONTACT:

Martiz Smith                                     

Chief Executive Officer

Alphamin Resources Corp.

Tel: +230 269 4166

E-mail: msmith@alphaminresources.com

MAURITIUS – November 3, 2025 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”) announced today the declaration of a second interim FY2025 dividend and the filing of its unaudited condensed consolidated financial statements and accompanying Management’s Discussion and Analysis (“MD&A”) for the three and nine months ended 30 September 2025 on SEDAR+ at www.sedarplus.ca.

Second Interim FY2025 Dividend Declared

The Board has declared a second interim FY2025 cash dividend of CAD$0.04 per share on the common shares (approximately US$37 million in the aggregate) (the “Dividend”). The Dividend will be payable on December 8, 2025 to shareholders of record as of the close of business on November 21, 2025.

The Company intends to make a Final FY2025 dividend decision in April 2026 to align with the timing of holding the annual general meeting of Alphamin Bisie Mining SA (ABM), the Company’s DRC operating subsidiary, to approve ABM’s annual financial statements and to consider the declaration of a dividend for distribution to its shareholders.

FOR MORE INFORMATION, PLEASE CONTACT:

Maritz Smith
CEO
Alphamin Resources Corp.
Tel: +230 269 4166
E-mail: msmith@alphaminresources.com

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.

MAURITIUS – October 7, 2025 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”) is pleased to provide an operational update as follows:

• Q3 2025 contained tin production of 5,190 tonnes, up 26% from the previous quarter (Q2 2025: 4,106 tonnes (period from phased restart on April 15 to June 30))
• FY2025 contained tin production guidance increased to between 18,000 and 18,500 tonnes (17,500 tonnes previously)
• Contained tin sales of 5,143 tonnes for the quarter, up 12% from the prior period
• Q3 2025 EBITDA^2,3 guidance of US$96m, up 28% from Q2 2025 actual of US$75m
• Interim FY2025 dividend of CAD0.07 cents per share paid on 15 September 2025
• External laboratory assays received for drilling at Mpama North and Mpama South

¹Information is disclosed on a 100% basis. Alphamin indirectly owns 84.14% of its operating subsidiary to which the information relates. ²Q3 2025 EBITDA and AISC represent management’s guidance. ³This is not a standardized financial measure and may not be comparable to similar financial measures of other issuers.See “Use of Non-IFRS Financial Measures” below for the composition and calculation of this financial measure.

Operational and Financial Performance

Contained tin production of 5,190 tonnes for the quarter ended September 2025 was substantially in line with the targeted quarterly production of 5,000 tonnes and 26% higher than the prior quarter. The comparative quarter ended June 2025 was impacted by the temporary cessation of operations related to security concerns and the phased restart from 15 April 2025. The processing facilities continue to perform well with overall plant recoveries averaging 76% during the quarter (Q2: 77%).

Q3 2025 contained tin sales of 5,143 tonnes was in line with the increased production. The average tin price achieved was 4% above the prior quarter at US$33,877/t – the tin price is currently trading at around US$37,000/t.

Q3 2025 AISC per tonne of tin sold is estimated at US$15,900 (Q2: US$16,387), 3% lower than Q2 due to a normalised production rate compared to the negative impact of the operational stop during the prior quarter. The mine took delivery of two replacement underground mine trucks during Q3 which increased sustaining capital expenditure included in AISC.

EBITDA guidance for Q3 2025 is US$96m, 28% higher than the previous quarter’s actual of US$75m. This increase is primarily due to additional tin production and sales and a slightly higher tin price.

The Company expects to produce approximately 5,000 tonnes of contained tin during the final quarter of the financial year which, together with its year-to-date production of 13,566 tonnes, increases tin production guidance for FY2025 to between 18,000 and 18,500 tonnes (17,500 tonnes previously).

The Company had US$57m in cash at 30 September 2025 (30 June 2025: US$110m) after Q3 outflows related to provisional FY2025 tax payments of US$25m, a reduction of its overdraft balance by US$15m to US$24m and payment of the interim FY2025 dividends and withholding taxes of US$89m.

Exploration update

Alphamin’s exploration strategy focuses on three key objectives:

1. Increase the Mpama North and Mpama South Resource base and life of mine
2. Discover the next tin deposit in close proximity to the Bisie mine
3. Ongoing grassroots exploration in search of remote tin deposits on the large prospective land package

Mpama South assay results received, included:

• BGH192: 24.13 metres @ 2.43% Sn from 532.92 metres, including 08 metres @ 4.31% Sn from 539.92 metres, 1.81 metres @ 4.67% Sn from 546.6 metres, and 5.45 metres @ 4.18% Sn from 551.6 metres

¹All intercepts are reported as apparent widths and are not true widths

• BGH194: 13.98 metres @ 1.62 % Sn from 489.26 metres, including 04 metres @ 4.26% Sn from 494.06 metres

Mpama North assay results¹ received, included:

• MNUD008A: 29.34 metres @ 6.21% Sn, including 3 metres @ 13.63% Sn both from 247.7 metres
• MNUD009: 33.28 metres @ 16.83% Sn, including1 metres @ 41.47% Sn, both from 236.3 metres

The assayed drill hole intercepts for BGH 192 and BGH 194 are approximately 50m down dip of the current declared Mpama South Resource.

A second surface drill rig was mobilised at Mpama South targeting down-dip extensions. During the quarter, two holes were abandoned due to excessive hole deviations and drilling issues. Two drill holes are currently in progress and are approximately 1-2 weeks from the planned depth targets.

The assayed drill hole intercepts for MNUD 008A and MNUD 009 are approximately 30m to 70m down plunge of the current declared Mpama North Resource.

Following a single rig exploration campaign of geological fan drilling from underground at Mpama North which resulted in the drilling update illustrated in Figure 2, the Company mobilised a dedicated surface drill rig during Q3 to test for extensions at depth below the currently defined mineralised area. After experiencing excessive deviation, the first surface drill hole was abandoned. The second hole was successfully completed probing for mineralisation 40 m south of the main trend and 100 m deeper than the recent underground drilling (MNUD008A) and did not intercept visual tin mineralisation. The next hole from surface is in progress. The Company is planning to introduce directional core drilling technology which will enable fan drilling at depth in order to expedite the identification of tin mineralisation extensions, structural faults and possible shifts in the deposit.

Security Update

The Company notes an increased number of security events on the border line between the Massisi and Walikale territories in the North Kivu province of the DRC. The Company’s mine is located in a remote area approximately 200 kilometers away from these events and at this time the Company continues to operate within guidance parameters. As a result of the ongoing security risks in the area, the operating risk profile remains elevated and a sustained advance closer to the mine location could result in mining operations being affected. The safety of the Company’s employees and contractors and compliance with the DRC and international laws remains our committed focus.

Qualified Persons

Mr. Clive Brown, Pr. Eng., B.Sc. Engineering (Mining), is a qualified person (QP) as defined in National Instrument 43-101 and has reviewed and approved the scientific and technical information contained in this news release other than in the section “Exploration update” and Appendix 1 and Appendix 2. He is a Principal Consultant and Director of Bara Consulting Pty Limited, an independent technical consultant to the Company.

Mr. Jeremy Witley, Pr. Sci. Nat., BSc. (Hons) Mining Geology, MSc (Eng), is a qualified person (QP) as defined in National Instrument 43-101 and has reviewed and approved the scientific and technical information contained in the section “Exploration update”, Appendix 1 and Appendix 2. He is Head of Mineral Resources at the MSA Group (Pty) Ltd and is an independent technical consultant to the Company.

FOR MORE INFORMATION, PLEASE CONTACT:

Maritz Smith
CEO
Alphamin Resources Corp.
Tel: +230 269 4166
E-mail: msmith@alphaminresources.com

CAUTION REGARDING FORWARD LOOKING STATEMENTS

Information in this news release that is not a statement of historical fact constitutes forward-looking information. Forward-looking statements contained herein include, without limitation, Q3 2025 EBITDA and AISC guidance and FY2025 contain tin production guidance, estimated Q4 2025 contained tin production and estimated timing for the completion of the current two Mpama South drill holes in progress. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions.  Many factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. Such factors include, without limitation: the availability of ore at expected quantities and grades, uninterrupted processing of ore at targeted processing recoveries, uncertainties regarding logistics and the timing of supplier responses to orders; uncertainties with respect to social, community and environmental impacts, adverse political events and risks of security related incidents or threats of security related incidents which may impact the operation or cause a stop to mine activities, outbound roads used to transport product and consumables or the safety of our people, uncertainties regarding the legislative requirements in the Democratic Republic of the Congo which may result in unexpected fines and penalties and tax payments; the speculative nature of mineral exploration and development as well as “Risk Factors” included elsewhere in Alphamin’s public disclosure documents filed on and available at www.sedarplus.ca.

USE OF NON-IFRS FINANCIAL PERFORMANCE MEASURES

This announcement refers to the following non-IFRS financial performance measures:

EBITDA

EBITDA is profit before net finance expense, income taxes and depreciation, depletion, and amortization. EBITDA provides insight into our overall business performance (a combination of cost management and growth) and is the corresponding flow driver towards the objective of achieving industry-leading returns. This measure assists readers in understanding the ongoing cash generating potential of the business including liquidity to fund working capital, servicing debt, and funding capital and exploration expenditures and investment opportunities.

This measure is not recognized under IFRS as it does not have any standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to similar measures presented by other issuers. EBITDA data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

CASH COSTS

This measures the cash costs to produce and sell a tonne of contained tin. This measure includes mine operating production expenses such as mining, processing, administration, indirect charges (including surface maintenance and camp and head office costs), and smelting, refining and freight, distribution and royalties. Cash Costs do not include depreciation, depletion, and amortization, reclamation expenses, capital sustaining, borrowing costs and exploration expenses. On mine costs, exclusive of stock movement, are calculated on a cost per tonne produced basis, off mine costs are calculated on a cost per tonne sold basis.

AISC

This measures the cash costs to produce and sell a tonne of contained tin plus the capital sustaining costs to maintain the mine, processing plant and infrastructure. This measure includes the Cash Cost per tonne and capital sustaining costs together divided by tonnes of contained tin produced. All-In Sustaining Cost per tonne does not include depreciation, depletion, and amortization, reclamation, borrowing costs, foreign exchange gains and losses, exploration expenses and expansion capital expenditures.

Sustaining capital expenditures are defined as those expenditures which do not increase payable mineral production at a mine site and excludes all expenditures at the Company’s projects and certain expenditures at the Company’s operating sites which are deemed expansionary in nature.

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.

Appendix 1: SAMPLE PREPARATION, ANALYSES AND QUALITY CONTROL AND QUALITY ASSURANCE (QAQC)

 Mpama North diamond drilling was completed from underground and Mpama South diamond drilling was completed from surface. The collar positions of the drillholes were accurately surveyed by Alphamin Bisie Mining (ABM) and down-hole surveys were completed by the drilling contractor allowing for accurate location of the mineralised intercepts.  Cores were logged, mineralised intervals were identified and half core samples were taken at nominal 1 m intervals by the ABM geologists, which included the insertion of various certified reference material and blank samples (QAQC). No significant issues with the QAQC samples were noted. At the on-site ABM laboratory (managed by Anchem), samples were first checked off against the submission list supplied and then weighed and oven dried for 2 hours at 105 degrees Celsius. The dried samples were crushed by jaw crusher to 75% passing 2mm, from which a 250g riffle split was taken. This 250g split was pulverised in ring mills to 90% passing 75μm from which a sample for analysis was taken.  Received samples at ALS Johannesburg are checked off against the list of samples supplied and logged in the system. Quality Control is performed by way of sieve tests every 50 samples and should a sample fail, the preceding 50 samples are ground in a ring mill pulveriser using a carbon steel ring set to 85 % passing 75μm. Samples are analysed for tin using method code ME-XRF05 conducted on a pressed pellet with 10% precision and an upper limit of 5,000ppm. The over-limit tin samples are analysed as fused disks according to method ME-XRF15c, which makes use of pre-oxidation and decomposition by fusion with 12:22 lithium borate flux containing 20% Sodium Nitrate as an oxidizing agent, with an upper detection limit of 79% Sn.

Appendix 2: SIGNIFICANT INTERCEPTS (0.5% Sn lower threshold)

Mpama South Drillholes prefixed “BGH”
Mpama North Drillholes prefixed “MNUD”