Alphamin Resources Corp. - News Releases - PROPOSED DEBT SETTLEMENT

Investors News Releases

	June 11, 2009 PROPOSED DEBT SETTLEMENT
	Alphamin Resources Corp. announces it has entered into a debt settlement agreement with a consultant of the Company, pursuant to which it will issue 579,666 common shares at a deemed price of $0.15 per share in satisfaction of debt totalling $86,950. The shares issued pursuant to the debt settlement will be subject to a four (4) month hold period from the date of issuance. The debt settlement is subject to the acceptance for filing of the TSX Venture Exchange.

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