Alphamin Reports Bridge Collapse on Main Access Route

GRAND BAIE, Mauritius, Oct. 30, 2019 (GLOBE NEWSWIRE) -- Alphamin Resources Corporation (AFM:TSXV, “Alphamin”, or the “Company”) reports that on 30 October 2019, a major bridge has collapsed some 53km south east of Kisangani along the main provincial road used for exporting all concentrate and importing major consumables.

The extent of the damage and potential time to repair the bridge is currently unknown. We are investigating the most cost effective logistical alternatives with the aim of maintaining full production and limiting the impact on our revenue cycle whilst the bridge is being repaired. The market will be kept appraised of future developments.

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 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. 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.